James Wruth Regina Real Estate
REAL ESTATES AGENTS IN REGINA | JAMES WRUTH

HOW MUCH ARE HOMES IN REGINA?

MARKET STATISTICS FOR HOMES SALES EACH MONTH

Review monthly benchmark home prices in Regina.

REGINA HOUSING MARKET OUTLOOK

The 2025 Regina housing market is expected to favour sellers.

Stay Informed on Regina’s Real Estate Market!

As your trusted Regina real estate expert, I’m committed to keeping you updated on the latest market trends.

Each month, I’ll provide you with key statistical data on the number of homes sold, average sale prices, and important insights into the overall market outlook.

March 2025 

The City of Regina reported 301 sales in March, down three percent year-over-year but still outpacing the 10-year average by 15 percent. 

There were 418 new listings in March, consistent with March 2024 but down 20 percent compared to the 10-year average of 524. Notably, 172 of the 579 units available at month’s end were already conditionally sold, leaving just 407 reported as active.

Stable demand and ongoing inventory challenges continue to push prices higher in the Queen City. In March, the residential benchmark price rose to a near-all-time high of $326,300, up from $317,700 in February and over four percent higher than March 2024

The average sale price in the Regina housing market has increased by six per cent across all property types between 2023 and 2024 from $307,325 in 2023 to $325,809.

The number of sales transactions increased by 14.2 per cent during the same period, from 3,019 property sales in 2023 to 3,447 unit sales in 2024. 

Meanwhile, the number of listings declined 20.6 per cent year over year, from 979 in 2023 to 777 in 2024. Looking ahead to 2025, the Regina housing market is expected to favour sellers, with average sale price across all property types anticipated to rise by three per cent.

First-time homebuyers are expected to drive market activity in 2025, buying up any type of housing in the $200,000 – $400,000 price range. Single-detached houses are expected to see the most sales activity in the region next year.

30-year amortization will make it easier for first-time homebuyers to purchase a home in the region in 2025, although low inventory will remain a challenge.

The region experienced 15 consecutive months of above-average sales. In October 2024, year-to-date sales reached 3,447, marking the highest level of sales ever reported through October in Regina. October had less than two months of supply, which is unprecedented for this time of year.

Typically see sales volume slow in Q4 and through the winter months, but it remains to be seen whether that will help improve inventory levels.

Should strong sales continue to be met with inventory challenges, it’s fair to expect prices to continue to rise.

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