An average home bought in Moose Jaw five years ago has gained 5.77 per cent in value since then, according to data from the Saskatchewan Realtors’ Association.
The association’s benchmark price, which is an average over 12 months, was $228,200 in Moose Jaw at the end of December 2022, an increase of more than $14,000.
The benchmark price tacked on 2.2 per cent in January.
Prices varied among different categories of housing; $272,600 for a three bedroom bungalow, $225,800 for a one-storey, and $215,766 for a two-storey house.
The average price of a house across Saskatchewan fell four per cent in January to $229,800.
Five regions experienced price gains in January: Prince Albert, up 55 per cent; Swift Current, up seven per cent; Saskatoon, up two per cent; and Moose Jaw up 2.2 per cent.
Largest decreases were 14 per cent in Regina and 12 per cent in Southeastern Saskatchewan.
Ron Walter can be reached at [email protected]
