Regina Real Estate Market Update July 2025

 

Regina saw 412 home sales in July, rising more than 8% year-over-year and finishing over 30% above the 10-year average, setting a new monthly record for the city.

A total of 530 new listings came to market — a slight 1.3% decline from July 2024 — which wasn’t enough to ease pressure on inventory. By month’s end, 827 homes were listed, but with over 200 already conditionally sold, only 607 active listings remained heading into August.

With demand consistently outpacing supply, prices continue to push upward. The benchmark price climbed to a new record of $343,300, just edging out June’s previous high, and reflecting a 7.8% increase compared to this time last year.

Tight conditions and steady demand are keeping Regina’s real estate market firmly in seller’s territory.

Statistics for July:

Total Sales: 412

New Listings: 530

Total Inventory: 827

Months of Supply: 2.01

DOM (Days on Market): 31

Benchmark Price: $343,300

Percentage of new listings to sales: 77.7%

SEE HERE FOR A FEW COMMENTS MADE BY CEO CHRIS GUÉRETTE OF THE SASKATCHEWAN REALTORS ASSOCIATION:

Saskatchewan’s housing market continued its hot streak last month, with a July record 1,851 sales across the province — up 11 percent year-over-year and over 30 percent above long-term, 10-year trends.

Following record July monthly sales, year-to-date sales have outpaced 2024 levels through the first seven months of 2025. Of note, 2024 was the province's second-best year for sales on record, underscoring the strength of the current market.

Despite a year-over-year gain in new listings, record monthly sales resulted in province-wide inventory remaining unchanged from June. With over 1,000 of the 5,214 units available at the end of July already conditionally sold, only 4,174 active units remain heading into August.

“Saskatchewan’s housing market continues to benefit from a strong and growing economy, record population growth, and the lowest unemployment rate in the country,” said Association CEO, Chris Guérette. “Our market is consistently surpassing expectations and outpacing many others across the nation, with a strong start to 2025 and now record-breaking monthly sales in July.”

Twenty-five consecutive months of above-average sales, paired with persistent supply challenges, continue to drive prices higher across the province. In July, the provincial residential benchmark price hit an all-time high of $372,700, up from $370,700 in June and over eight percent higher than in July 2024.

In addition to a new record provincial benchmark price, the cities of Humboldt, Meadow Lake, Melville, Regina, Saskatoon, Swift Current, and Yorkton recorded record benchmark prices in July.

“We’ve now seen record prices across dozens of communities for three consecutive months – with year-over-year price growth in the high teens – something we’ve been warning about for months,” said Guérette. “We’re thrilled to see record demand and more people calling Saskatchewan home, but we need to keep building more, faster, if we want to maintain our affordability advantage.”

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