Saskatoon's housing market is currently seeing a shift from a seller's market to a buyer's market. With 1305 active listings and 926 of those being single framily homes, there is an abundance of selection. Homes that have been on the market are seeing lengthier selling times and pricing is crucial to setting your home stand out over others. Saskatoon Region Association of Realtors® Historic Sales Count by Month show October's number of sales at 285 for 2013 vs 930 for October 2012. Additionally, Global news released a report yesterday from CMHC which states October's new housing starts are also down; October saw 239 vs 614 for September, 2013. See the link below for further information on their announcement.
Should you be thinking of selling, this type of information supports a Seller choosing to maximize their return on dollar invested for a service. There are always a number of companies to choose from when selling, but to maximize that return I highly recommend choosing a full service company. One that not only goes the "extra mile for you" but can give you local and global exposure. Century 21 Canada recently launched their global website, a phenominal site that is able to not only expose a seller's home in every market worldwide but provides the ability to convert the price of the home into the local currency and the details of the home into the local lanquage. This is a unique service that only a Century 21 agent can bring to the table. So if someone should be looking to relocate globally, they are not only able to view your home but fully understand and comprehend the highlights and extras your home offers. For an example click on Century 21 Global below.
Additionally, Century 21 is an Airmiles® sponsor, providing both buyers and sellers with Airmiles upon the successful completion of a transaction. It is our way of say thank you for placing your trust and loyalty in us. This token of our appreciation is also a great marketing tool as it entices those avid Airmiles collectors to choose our listings over others, often providing a quicker selling time which will mean less inconvenience to you.
For more information on Century 21 or Saskatoon's current local market conditions, call or email me today.