Regina Real Estate Market Report - August 2009August 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.
Posted by Lorrie Howe
on September 15, 2009
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