February 2022 Regina Real Estate Market Analysis- James Wruth

Greetings friends,


I am pleased to be able to share my 2022 February Regina Real Estate Market Report! 


I believe in personalized one-on-one service to fully understand you, your real estate goals and to be 100% accountable to you. I also want to bring value before, during and after the sale of your home!  


If you are looking for a real estate agent who works tirelessly on your behalf and always offers honest and candid advice, please contact me today! 







 
 

How Does This Compare to National Data? 

 

February 2022 Monthly Housing Market Trends Report

  • The national inventory of active listings declined by 24.5% over last year, while the total inventory of unsold homes, including pending listings, declined by 15.3%. The inventory of active listings was down 62.6% compared to 2020 before the onset of the COVID-19 pandemic.
  • Newly listed homes were down 0.5% nationally compared to a year ago, and down 0.7% for large metros over the past year. While annual new listings growth was on the verge of being positive, sellers still listed at rates 13.8% lower than typical 2017 to 2020 levels prior to the pandemic. 
  • The February national median listing price for active listings was $392,000, up 12.9% compared to last year and up 26.6% compared to February 2020. In large metros, median listing prices grew by 7.8% compared to last year, on average. 
  • Nationally, the typical home spent 47 days on the market in February, down 17 days from the same time last year and down 32 days from February 2020.




Comments:
No comments

Post Your Comment:

The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.