2020 Top Producers
As difficult as this past year has been we are pleased to announce that we have repeated as Top Producing Agents at Sutton Group for 2020. We want to sincerely thank all our Clients for their support and their trust in us. We very much appreciate your business and your referrals. Looking forward to 2021 in so many ways!
Letter sent to our Clients 2021:
We hope all is well and everyone is staying healthy and safe.We wanted to inform our clients how strong our Real Estate Market is doing. In March/April/May 2020 sales were slowed down by the Pandemic but by the end of May to present the Market has been doing extremely well. Our inventory levels have gradually declined as house sales have increased. Buyers are also taking advantage of the record low interest rates. This past January/2021 in Regina we saw sales increase over last years January by over 75% while inventory levels dropped. In the past few weeks we have witnessed several transactions with multiple offers and sellers benefiting by selling their properties over their listing price. Great news for sellers. On the buying side even with low interest rates we are seeing buyers frustrated as inventory levels are declining and some are being forced to fight over properties. Bottom line, this is an excellent time if you are considering selling to get your home on the market. If you are considering selling or buying we would be happy to meet with you at your convenience. We would also like to thank you for your continued support as well as the many referrals we have received from your family and friends. We Sincerely appreciate you trusting us to look after your referrals. If you are interested in following the Real Estate Market we post every month information and statistics on both our website: www.bganne.com and our business Facebook page: Brenda & Bob Ganne.
Real Estate Professionals
Two Experienced Agents
2020 Top Producers
Sutton Group - Results Realty
We are two licensed full time MLS Real Estate agents working as a team with years of Experience and Knowledge in all aspects of the Real Estate industry. We are full service agents working with both Buyers and Sellers. We are familiar with every area and price range. We work in both the used and new industry. Our focus is on Residential Homes, Condos & Acreages. We are also both licensed Commercial Realtors. We Work with every age group from young first-time home buyers to retirees looking to down size. Working together on the same schedule and in the same profession we believe provides our clients a huge advantage. Our track record proves it!
Facebook: Brenda & Bob Ganne Sutton Group
let us help you find your next home
We Know what to look for!
new or used
Put our experience to work looking after your
To book an appointment
Call/Text 535-7710 or 535-7177 or email
email@example.com or ReginaRealEstate@sasktel.net
- To review some of our Buyer benefits see below
Sellers You'll be moved by our commitment!
Use the services of TWO EXPERIENCED AGENTS
FREE HOME/MARKET EVALUATION NO COST/NO OBLIGATION
-We work 7 days/nights per week and are assessable on our phones. Buyers expect this type of service why would a seller settle for anything less!
- We are committed to working with both Sellers and Buyers. We don't just list a property we work to find a buyer and get it SOLD!
- Your home ADVERTISED 24 hours a day until SOLD!
- Plus Much Much More (see below)
Your Referrals are the sincerest compliment we can receive and we very much appreciate that business!
First Time Home Buyers/Renters - Interest rates are low! This is definitely the time to stop paying rent and consider purchasing your new home. Real estate is a great investment.
For complete details on homes/Condos currently listed on the market and for mortgage and financial information contact Brenda & Bob Ganne today! Call/text or Email 306 535-7710 or 535-7177 firstname.lastname@example.org or ReginaRealEstate@sasktel.net
April Saskatchewan Real Estate Sets Another Record
The Saskatchewan real estate market continues to build momentum and set another sales record in April. Across the province, there were 1,865 homes sold (up nearly 182% from last April and up 97.2% year-to-date, going from 2,208 to 3,795), new listings were up over 41% (and up 13.9% year-to-date, going from 2,870 to 5,660,) and the MLS® Home Price Index composite was up 10.5% (up 8.2% year-to-date, going from $256,900 to $283,900). Inventories were also down in all 24 markets that the SRA tracks.
“It’s not really fair to compare this April to last April since pandemic restrictions halted activity for part of April last year,” said Chris Gbekorbu, SRA’s Economic Analyst. “But it is fair to compare April with other years, and just like last month, we set another record with 1,865 sales. We saw sales hit a high of 1,801 last July as the economy reopened, but before then, our record was 1,609 sales in May of 2014.”
This strong demand combined with falling inventory levels is putting upward pressure on prices. The MLS® Home Price Index (HPI) composite was up in 14 of the 15 markets where these data are available (with Estevan showing a 0.1% decline while Swift Current and Meadow Lake saw the greatest increases), while the number of sales were up in all 24 markets.
With supply shrinking and demand continuing to outpace supply, there was the potential for new listings to dry up and further reduce the supply of homes for sale. But even in smaller markets across the province, this hasn’t been the case and there seems to be a steady supply of homes becoming available.
According to Gbekorbu, “new listings were up significantly in 23 of 24 markets, suggesting that people are still quite motivated to sell and helping to ease supply concerns.” As a result, the market remains strong and isn’t showing any signs of slowing down.
The increased market activity has also allowed the SRA to partner with the Canadian Real Estate Association (CREA) to expand its coverage of the MLS® HPI tool to 15 markets across the province. The MLS® HPI gives a better indicator of price trends than average or median prices and gives REALTORS® an extra tool to help them develop more accurate pricing information for clients.
Regina & Region
Sales in Regina were up 172.2% going from 144 in April 2020 to 392 in April 2021, and up 189.4% in the overall region, going from 170 to 492. In Regina, sales were 51.0% above the 5-year average (and 42.2% above the 10-year average), while in the larger region, sales were 57.0% above the 5-year average (and 49.6% above the 10-year average). Year-to-Date (YTD) sales in Regina rose 91.0% over last year, increasing from 621 to 1,186, while YTD sales in the larger region rose 94.1%, going from 743 to 1,442.
Sales volume was up 207.3% in the city, going from $43.9M to $135.0M in 2021 (62.3% above the 5-year average, and 51.2% above the 10-year average). In the region, sales volume was up 240.2%, going from $50.4M to $171.5M (70.6% above the 5-year average, and 60.9% above the 10-year average). YTD sales volume in the city was $374.9M, an increase of 103.4% from last year, while in the region, YTD sales volume was $463.4M, an increase of 107.6% from last year.
In Regina, the number of new listings in April 2021 rose 129.8%, going from 285 to 655 (23.6% above the 5-year average and 23.1% above the 10-year average), while in the region, new listings rose 111.4%, going from 376 last year to 795 this year (15.3% above the 5-year average and 14.5% above the 10-year average). YTD new listings in the city rose 44.5%, going from 354 to 512, while in the larger region, the number of new listings to date rose 35.8%, going from 455 to 618. Active listings fell 1.9% in Regina (down from 1,224 to 1,201) and fell 10.6% in the region (down from 1,716 to 1,534).
Inventory in Regina stood at 3.1 months (which is 64.0% below the level last year and 41.5% below the 5-year average), while the sales to listing ratio was 59.8%, suggesting balanced market conditions. Inventory in the larger region stood at 3.1 months (which is 69.1% below the level last year and 48.1% below the 5-year average), while the sales to listing ratio was 61.9%, suggesting that market conditions favour sellers.
Homes in Regina stayed on the market an average of 40 days in April, down 35.5% from 62 days last year (but below the 5-year average of 52 days and below the 10-year average of 42 days). Homes in the region stayed on the market longer than homes in the city at 44 days on average in 2021, also down from an average of 70 days last year (and 21.7% below the 5-year average).
The MLS® Home Price Index (HPI)—a more accurate measure of house price trends—saw the price of the benchmark single family home in Regina rise 8.5% year-over-year, going from $241,300 to $261,800.
Information provided by: SRA (Saskatchewan Realtors Assoc.)
Posted: bganne.com & Brenda & Bob Ganne Facebook Business Page
Home Buyers Let us help you buy your next home and you'll get 'Two experienced agents' working for you. Our Commitment will be to provide you with all the new listing information on a daily basis keeping you informed and up to date. We will spend the time with you days/evenings/weekends and will get you out to see as many properties as you wish at your earliest convenience. We work with every Real Estate Co. in Regina and area giving you access to every 'MLS' listing. Once we find your new home we will help coordinate all the services you require. Such as: Home inspection/Engineers report/Electrical, plumbing, Furnace, Chimney and Fireplace inspections/gasline location. Plus we will help you find competitive and professional legal and financial services. We work with all financial institutions and Mortgage Brokers. We will be there every step of the way looking after your best interests!
Home Sellers Let us sell your home for you and you'll get Two top producing, experienced, competitive, full time agents (working 7 days/evenings) providing full services. Also, with our help (Free Home Evaluation & Market Analysis) we will list your property at the right price. Our Commitment will be to market your home through our "Multiple Listing Service' and the 'Internet' where the buyers look. To advertise your property to all other Realtors. To put a lock box & 'For Sale' sign on your property. To do public 'Open Houses' if you wish and to show your home to qualified buyers. To personally present all offers to you and to negotiate and work on your best behalf.
We don't just list a home - We work to get it sold!
References or interview available upon request.
Check out our buying/selling sections for all our services and our REPORTS section for Free Helpful Information!
For more details
Call/Text Brenda 535-7710 Bob 535-7177 email email@example.com or ReginaRealEstate@sasktel.net
*Not intended to solicit clients currently working with a real estate professional
Sutton Group - Results Realty Regina, Saskatchewan Canada