Lorrie Howe

Sales Representative

Conexus Realty Ltd.

4420 Albert Street

Regina, SKS4S 6B4

Main: 306-789-1222 Fax: 306-525-1433
Direct: 306-790-3646 Cell: 306-533-8818
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Regina Real Estate Market Report - August 2009

August Regina MLS® Sales Jump.  Residential sales in August exceeded 2008 levels for the fourth consecutive month.  There were 312 residential properties sold inside the city, up 46% from 2008’s 214 sales.  In all geographic areas for the entire MLS® System there were 369 sales posted, up 47%.                                                                                    

Total Dollar Volume of sales in the city of $76.5M set a new monthly high, up 41% from 2008’s $54.3 million. 

 

Year-to-date 2,294 homes have sold in the city, up 12% from 2,050 sold in 2008.  Year-to-date average price was $246,417, up 2% over 2008’s $240,784.  Average price for all geographic areas within the MLS® System for the month was $243,355, an increase of 2% from 2008’s $239,308.  Year-to-date average price for all areas was $244,397, a new high and a 7% increase from last year.

 

Listings, in August, were on the market for an average of 45 days and sold at an average of 95.2% of asking price.