Average price Jan 2009 for houses, condos, farms, multi-family, commercial $213,416. Dec. 2008 $248,692.
Average price for houses Jan 2009 $221,762. Dec. 2008 $231,197.
Average price for condos Jan. 2009 $178,519 Dec. 2008 $216,856.
December 2008 total dollars was up by 9% from December 2007.
MLS Residential sales in Regina city are down 29%, We sold 159 unit in 2009 compared to 224 Jan 2008 and 147 in Jan 2007.
Listings are up in the city by 54%. Jan. 2009 -355. In Jany 2008 - 231. In Jan. 2007 - 232.
Average Residential Selling Price for Jan. 2009 is $213,622. In Jan. 2008 it was $200,088 (difference of 7%). In Jan. 2007 - $117,873.
Property sales in the $150,000 - $174,999 price range are up 275% in Jan. 2009 compared to Jan. 2008.
Property sales in the $200,000-$224,999 price range are up 32% in Jan 2009 compared to Jan 2008.
Property sales in the $400,000-$449,999 ;rice range are down 67% in Jan. 2009 compared to Jan 2008.
Average days to sell in 2008 = 33. In Jan. 2009 = 65.
So both positive and negative news is happening. Some up, some down. BUT remember we are not as negative as in other parts of Canada and the U.S.