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East Regina Real Estate: February 2026 Market Update

I'm going to walk you through what's actually happening — neighbourhood by neighbourhood — so you can make decisions based on real data, not guesswork. Here's what the market data actually shows.

Regina's Big Picture

January saw 172 homes sold across Regina, with the benchmark price sitting at $330,600. That's a solid baseline. New listings jumped up 23.57% from December — 173 new properties hit the market — which is typical for January as sellers start prepping for the spring rush.

We're still in seller's market territory. There's roughly two months of supply on hand, and homes are averaging about 32 days on market before they sell. That's tight, but it's not panic-level tight. There's room to be strategic.

The big story, though, is interest rates. The Bank of Canada's been cutting steadily, and we're sitting around a 3.25% policy rate now — down from the 5% peak. That's making a real difference in what buyers can afford month-to-month. And Saskatchewan continues to be one of the most affordable provinces for housing in the country. We don't have Toronto or Vancouver prices here, and that's something I don't think we appreciate enough.

What I'm Seeing in East Regina Neighbourhoods

The Premium Tier ($500K+)

Greens on Gardiner continues to be one of the most consistent neighbourhoods in East Regina. Most homes are trading between $500K and $600K, with some properties reaching into the $700K range. Sellers are seeing 20 to 30 days on market, and demand remains steady. It's a seller's market here, but it's not frenzied — it's just solid and predictable.

The Creeks is a different story entirely. There are only four active listings right now. Four. When you've got median prices between $899,900 and $919,450 and homes selling in 19 days, that's extreme scarcity. If you're a buyer looking at The Creeks, you need to be preapproved and ready to move the moment something comes up.

Eastbrook is the newer kid on the block, and new construction is keeping things a bit more balanced. Builders are still releasing phases, which means there's more consistent inventory. Prices range from $479K up to $670K. If you want new without the bidding wars, Eastbrook's worth a look.

Woodland Grove has a wider price range — $265K up to $800K — but most of the activity is in the $435K to $550K sweet spot. These are mature homes on established lots with big trees, and the market leans toward sellers right now. There's a reason people stay in Woodland Grove for decades.

The Mid-Range ($300K–$500K)

Parkridge is sitting at just two active listings with a median price between $280K and $330K. Two listings. That's not a typo. The median days on market is 52, which tells me the homes that are listed are priced a bit high — but when something's priced right, it'll go. If you see something in Parkridge that fits your budget, don't sit on it for two weeks deciding.

The Towns has an 85% ownership rate, which means very few resales come up. When they do, you're looking at $380K to $630K in a seller's market. There are new builds available if you can't find a resale, but this is a neighbourhood where people move in and stay. That's actually a good sign — it tells you something about the quality of life there.

The Affordable Tier (Under $300K)

If you're watching your budget, there are genuine opportunities in East Regina right now.

Spruce Meadows is the best value play in the area. The median sits around $238,900 — that's 28% below the city benchmark. I'll give you all the options, but if affordability is your top priority, this is where the math works.

Wood Meadows comes in between $279,900 and $285,000, which is solid value. The trade-off is that homes sit longer here — 48 to 59 days on market — so if you're a buyer, you've got more negotiating room than in most East Regina neighbourhoods.

East Pointe Estates has condos starting around $207K and single-family homes up to $600K. Conditions are buyer-friendly with 25 to 40 days on market. If you're a first-time buyer or downsizing, this is one of the more accessible entry points in the east end.

Glencairn averages around $300,750 with about 32 days on market. It's an established, multicultural community with good infrastructure — schools, parks, shopping all within the neighbourhood. The homes are older, so budget for a proper inspection, but the value is real.

What This Means for Buyers

Spring is coming, and with it comes more listings — but also more competition. The buyers who do well in a spring market are the ones who got their prep done in February. That means getting preapproved now, not when you find a place you love. It means knowing your real budget — not what the bank says you qualify for, but what you'll actually be comfortable paying every month.

The rate cuts are helping your purchasing power, and that's a genuine tailwind. If you've been priced out before, it's worth running the numbers again. And don't overlook the older neighbourhoods — you can save $50,000 to $100,000 compared to new builds, and a lot of those homes are built just as well or better than what's going up today.

What This Means for Sellers

Low inventory is working in your favour right now, but I'll be honest with you — that doesn't mean you can slap any price on your home and expect it to sell. Buyers are educated. They're looking at comparables. They know what the neighbours sold for.

Spring is prime listing season, so if you're thinking about selling, now's the time to get your prep done. Paint, declutter, fix the small stuff. Price it right and it'll move quickly. Overprice it and you'll sit — and the longer you sit, the more buyers wonder what's wrong with it.

Quick, efficient, and honest. That's how I approach pricing conversations, and it's the approach that gets results.

Looking Ahead: Spring 2026

Here's what I'm watching over the next couple of months. More listings are coming as the weather warms — that's seasonal and expected. The new schools planned for The Towns are going to attract more families to that area, which should support prices. Eastbrook is still developing, so expect more builder inventory hitting the market through spring and summer.

And I'll be keeping a close eye on the Bank of Canada. If we see continued rate cuts, that'll bring more buyers into the market and could tighten things up further. I'll keep you posted as the data comes in.

If you've got questions about any of these neighbourhoods — or you just want someone to walk you through the numbers for your specific situation — I'm here. No pressure, no rush. Just honest information so you can make the right call for your family.

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