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2019 housing prices recover somewhat from slump

While one-storey home prices increased 4.9 per cent, two-storey houses fell 1.8 per cent to $199,100
home for sale stock image
An image of a house for sale. (Shutterstock)

Local house prices increased 4.3 per cent during the last year.

Average benchmark price in Moose Jaw for houses sold on the Multiple Listing Service was $210,100, an increase from $201,400 at the end of 2018. 

While one-storey home prices increased 4.9 per cent, two-storey houses fell 1.8 per cent to $199,100.

Five years ago, average house prices in Moose Jaw were $231,900, according to the Regina and District Realtors Association.

Sales volume for the year was up 2.4 per cent to $100.9 million and sales made increased 3.6 per cent to 432 units.

New listings of 896 dropped 6.8 per cent.

At an average 81.1 days on the market before selling houses took about seven days longer to sell than in 2018.

December sales of 16 units were down 15.8 per cent while volume at $3.35 million fell 26.1 per cent.

Homes sold in December averaged 75 days on the market.

Ron Walter can be reached at ronjoy@sasktel.net




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