Wondering what our market is doing? It's been strong for so long now, will it drop? All signs point to No, our market will continue to rise.
Market stats show a steady increase from 2012, Saskatoon year to date showed in increase of 4% in sale price and an increase of 1% in number of sales.
This has encouraged sellers to put their home on the market, as we see an increase in listings by 9%, which means a good selection for buyers! Act quick though because these homes are selling!
Sales showed a huge increase in the $400,000-$1,000,000 price range, up to 37% and a decrease in the $400,000 and under price range. This is telling us houses are selling and our market is strong. Also, we need a larger inventory of $400,000 and under. So if you fall in that category andhave been thinking of selling.. call your REALTOR A.S.A.P
So statistics show that investing in Saskatoon's Real Estate Market is a great investment opportunity.