Market Update - Year End 2015

Vehicles need tune-ups, furnaces require maintenance, but did you know that your real estate investment needs a periodic check-up also? Real estate is typically the largest asset an individual will hold. That's why it's important for you to keep up to date on the market trends in your area. Feel free to call me for a complimentary no obligation Real Estate Check-Up. I am never too busy to help you understand:

  • The current resale value of your property
  • Helpful hints on improving its value

Otherwise, you can keep an eye on things by looking at the Latest Stats*

 

Residential

Market

Benchmark Price**

Price Movement

Sell to List Ratio

Type of Market***

YTD DEC 2015

VS. 12 Months Ago

YTD DEC 2015

YTD DEC 2015

Single Family (Regina)

$279,300

-3.68%

53%

Balanced

         

Townhomes (Regina)

$245,900

-3.8%

37%

Buyers

         

Apartments (Regina)

$192,200

-6.8%

33%

Buyers

Commercial Market

(Regina CMA)

Median Sales Price

Price Movement

Sell to List Ratio

Avg Days To Sell

YTD DEC 2015

VS. 12 Months Ago

YTD DEC 2015

YTD DEC 2015

Leasing (Composite)

$11 / sqft

-21.43%

13%

101

         

Resale Buildings

$474,500

+15.03%

19%

85

         

Development Land

$146,175 / Acre

No sales via MLS

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*All data from the Saskatchewan Multiple Listing Service® ** As determined by the MLS Home Price Index *** Type of Market is based on my professional opinion.

 

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Noel Geremia

Noel Geremia

Associate Broker
CENTURY 21 Dome Realty Inc.
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