Saskatoon Real Estate Market Report - June 1st

The Saskatoon real estate market gained momentum last week as there were 108 firm sales reported in Saskatoon as compared to 100 the week previous. In terms of listings there are 1401 currently on the market as compared to 1378 the week previous. Of these 1401 listings there are 820 single family dwellings, which are 17 greater than the week before. We saw improvement in nearly every category last week which is a good sign for both buyers and sellers as the market seems quite balanced. In the weeks coming, we should see listing numbers drop as we start to work through the inventory and the total listings should drop below the 1400 mark. The average selling price in Saskatoon dropped to just over $303,000, which is $20,000 less than the previous week. Also the average selling price below asking was nearly $9,000 which is on par with recent weeks. For any more information on the Saskatoon real estate market contact us at Have a great week everyone!

The Matthew Olsgard Team

The Matthew Olsgard Team

CENTURY 21 Fusion
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