Regina Real Estate Market Update: April 2025
April 2025 delivered another dynamic month for the Regina real estate market. While home sales experienced a year-over-year dip, prices continued their upward trend, reflecting tight inventory and sustained buyer demand.
Sales Activity
There were 365 residential sales in Regina this April, a 14% decrease compared to April 2024. Despite the drop, this figure still surpasses the 10-year average by more than 26%, confirming that Regina remains an active market.
Inventory & New Listings
Regina saw 494 new listings, down 4% from last year. With only 636 active listings by the end of April—and 179 already conditionally sold—available inventory is tight. Months of supply dropped to 1.74, a clear sign of a seller’s market.
Prices Continue to Climb
The benchmark price for residential properties in Regina reached a record high of $335,500, a 5.3% increase year-over-year. Detached homes averaged $396,941, while condos and apartments saw modest gains in both benchmark and average pricing.
FAQs
Why did home sales drop in April 2025?
Home sales declined due to limited inventory, not decreased buyer demand. Regina remains a competitive market.
Is Regina in a buyer's or seller's market?
With only 1.74 months of supply and rising prices, Regina is firmly in a seller’s market.
How much did the benchmark price increase year-over-year?
The benchmark price rose by 5.3%, reaching $335,500 in April 2025.
Where can I find current homes for sale in Regina?
You can browse listings at kentbraaten.com/regina.php.
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