Regina Housing Market Report - October 2026

October 2026: Benchmark eases to $341,200 as new listings slow and supply holds at 2.50 months

The short version: Regina's benchmark price was $341,200 in October, down slightly from $343,900 in September but still more than 2% higher than a year ago. Sales of 320 were down 12% year-over-year yet more than 18% above the 10-year average for the month — and with new listings 7% below last October, Regina heads into November with 2.50 months of supply, or 1.89 months once nearly 200 conditional sales are factored out.

What did Regina homes sell for in October 2026?

Regina's residential benchmark price was $341,200 in October 2026, according to the Saskatchewan REALTORS® Association. That is down slightly from $343,900 in September, and over two percent higher than October 2025. There were 320 residential sales in Regina in October 2026, down 12% from October 2025 but outpacing the 10-year average for the month by over 18%. There were 414 new listings in October, down seven percent from last October. There were 800 residential units available at month's end, of which nearly 200 were conditionally sold and expected to leave the market. On the standard measure that is 2.50 months of supply; factoring in the conditional sales, Regina heads into November with 604 active residential units, or 1.89 months of effective supply. Days on market came in at 32, against a 10-year average of 52 for the month, and homes sold for 98.7% of list price on average. Year to date, Regina has recorded 3,170 sales through October, down 7% from 2025 but 12% above the 10-year average, and the year-to-date benchmark of $344,680 is up 4%.

Source: Saskatchewan REALTORS® Association, October 2026.

Is Regina a buyer's or seller's market right now?

Regina remains a seller's market. The SRA's standard measure puts supply at 2.50 months — 800 units available against 320 sales — up 25% from October 2025 but still 47% below the 10-year average of 4.74 months, and well under the four to six months generally considered balanced. Remove the nearly 200 conditionally sold units and it is tighter still: 604 active listings, or 1.89 months of effective supply heading into November. After three straight months of year-over-year gains, new listings slipped 7% below last October, so the supply build that defined late summer has paused for now. Inventory is 11% higher than a year ago, but at 800 units it is still about a third below the 10-year norm for October.

Which Regina neighbourhoods stood out in October?

Normanview West had the strongest month of the three. Sales rose to 11 from 6 in October 2025, new listings edged up to 13 from 12, and inventory slipped to 16 from 17 — so supply fell to 1.45 months from 2.83 a year ago. Days on market came in at 21, down from 33, and the benchmark price reached $380,300, up 5.2% year-over-year in a month when the city-wide benchmark eased. Year-to-date sales of 84 are ahead of last year's 79.

Cathedral is busier than a year ago, but prices have softened. Sales of 13 were up from 11, and year-to-date sales of 111 are 23% ahead of 2025's 90. Inventory fell to 29 from 44, cutting supply to 2.23 months from 4.00. Yet the benchmark price was $230,000, down 4.9% year-over-year, with days on market at 35 against 32 last October. Buyers are finding value in the city's best-known character district, and they are acting on it.

The Towns tells the opposite story. Sales fell to 7 from 22 in October 2025, new listings dropped to 3 from 22, and inventory rose to 22 from 20, pushing supply to 3.14 months from 0.91 a year ago. Days on market stretched to 61 from 48. Year-to-date sales of 71 trail last year's 113, even though the benchmark price of $517,100 is still up 3.8% year-over-year. At this price point, buyers have time to look — and sellers are competing with more of their neighbours than they were last fall.

Every area tells its own story — explore all 60 in our Regina neighbourhoods guide.

What should buyers and sellers do about it?

If you're selling: October is the fourth month in a row the benchmark has eased, and at $341,200 it sits $15,200 below June's record of $356,400. Homes are still selling — sales were 18% above the 10-year average for the month, and 32 days on market says a well-priced home moves. But buyers had 800 homes to choose from in October, 11% more than a year ago, and the ones that sold were priced to this fall's comparables, not to June's. If your home has been sitting, the numbers say the price is the problem, not the season. The one thing working in your favour: new listings slowed in October, so a correctly priced home faces less fresh competition in November than it did in September.

If you're buying: you still have more to choose from than a year ago, and the benchmark has drifted down since June. Don't mistake that for a buyer's market. Once conditional sales are removed there are 604 active listings and 1.89 months of effective supply, and the flow of new listings slowed in October. The good homes still sell in weeks — days on market averaged 32 — so get your financing in place, move decisively on a home that's priced right, and save your hard negotiating for the listings that have sat past the 30-day mark.

Regina market questions, answered