I'm not going to bore you with charts and graphs to explain the Real Estate market here in Saskatoon, I'm just going to give you "Just the Facts".
- MLS® Dollar Volume shows 18% change YTD from last year from last year selling over $240 million dollars.
- MLS® Unit Listing are up 16% YTD from last year from last year with 1,872 listings.
- MLS® Sales are Up 11% YTD from last year from last year with 722 in the City of Saskatoon.
- Average house price in the City of Saskatoon is up 6% YTD from last year from last year to $351,500.
To conclude the Real Estate market in Saskatoon remains strong but stable. The buyers continue to be price savy and the seller price concuss. There remains a good listing inventory giving the buyers some selection but not to much giving the sellers a modest increase in pricing YTD.
*source of information is Matrix® Provincial MLS® System as of February 2014.