Buying in a Seller’s Market: How to Navigate Regina’s Competitive Real Estate Scene

The Reality in Regina

If you’ve been looking at homes in Regina lately, you’ve probably noticed two things: there aren’t many houses for sale, and the ones that do hit the market don’t last long. In many cases, they’re selling for over asking price — sometimes significantly over.

Whether you’re a first-time homebuyer or a seasoned pro, navigating a seller’s market can feel like you’re running a sprint instead of a marathon. The key to success is understanding the market, having a strategy, and acting quickly.

Regina’s Market Snapshot – June 2025

• Inventory: 818 active listings (611 truly available) – only 2 months of supply (balanced market = 4–6 months)

• Sales: 402 (↑ 6% year-over-year, 17% above the 10-year average)

• Benchmark Price: $343,200 (↑ 8% year-over-year)

• Over-Ask Activity: Homes selling for $40K–$100K over list price in some cases

What This Means for Buyers

Homes are often priced to create bidding wars. “Asking price” is a starting point — not the finish line.

Buyers should expect:

• Multiple offers on most desirable properties

• Fast-moving timelines (sometimes hours, not days)

• Pressure to waive conditions or stretch budgets

How to Know What to Offer Over Asking

1. Review Comparable Sales (Comps) – Your REALTOR® can show you recent sales in the area.

2. Assess Demand – More offers = higher over-ask potential.

3. Set Your Limit Early – Decide your max before negotiations.

4. Sweeten the Terms – Flexible possession or fewer conditions can win deals.

Winning Strategies

• Get Pre-Approved – Show sellers you’re ready to close.

• Move Quickly – View and offer without delay.

• Work with an Experienced REALTOR® – Leverage market knowledge.

• Stay Patient – Expect to lose a few before winning.

Final Thoughts

Buying in a seller’s market is challenging, but with preparation and the right guidance, it’s absolutely possible. Whether it’s your first home or your fifth, knowing how to position yourself can mean the difference between success and frustration.

How I Can Help

I’m Jenna Selinger, a REALTOR® with 14+ years of experience helping buyers and sellers succeed in every kind of market.

For Buyers:

• Competitive offer strategies

• Market value guidance

• Negotiation expertise

For Sellers:

• Custom marketing plans

• Multiple-offer strategies

• Smooth, stress-free closings

📞 Call/Text: 306-540-4968
📧 Email: jenna@jennaselinger.com
📱 Instagram: @JennaSelingerCo