Regina Real Estate Market Update – January 2025

/in

Regina Real Estate Market Update – January 2025

After a record-smashing year in 2024, Regina’s housing market is kicking off 2025 with strong demand despite a slight dip in sales. The City of Regina reported 172 home sales in January, down 4% year-over-year but still 17% higher than the 10-year average—a clear sign that demand remains strong.

New listings, on the other hand, continue to trend down. Just 279 properties hit the market in January, marking a 10% year-over-year drop and a 22% decline from historical averages. With fewer homes available, inventory is sitting at just 537 active listings, nearly 225 fewer than this time last year and a whopping 50% below the 10-year average.

Meanwhile, home prices keep climbing. Regina’s benchmark home price reached $316,300 in January, up from $313,400 in December and over 5% higher than January 2024.

Tight supply and strong demand are setting the stage for another competitive year in Regina’s real estate market. If you’re thinking about buying or selling, now’s the time to stay informed and strategize!