With Regina Beach’s median house price at $309,000 in Aug , it is high priced compared to the rest of Saskatchewan.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.
This month we track 34th neighbourhoods in Saskatchewan, and Regina Beach has the 34th most choice available for real estate investors.
As one of Saskatchewan’s many potential real estate investment neighbourhoods, Regina Beach needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Regina Beach, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 30, this month we show 33.
When looking across the province, Regina Beach is the 13th most expensive in Saskatchewan.
The $282,450 price tag on the median Regina Beach home means that it is above the cost of most houses in the country.
2 bedroom properties are the most common available for real estate investors this month in neighbourhood.
This month we track 20th neighbourhoods in Saskatchewan, and Regina Beach has the 20th most choice available for real estate investors.
When we look at the data we have, it can help with trying to establish whether or not Regina Beach is a good investment target.
If you are looking at investment properties in Regina Beach, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.