Saskatoon Real Estate Market Update April 25, 2011

Last week in Saskatoon we witnessed our second week in a row with increased sales numbers as the week closed out with 83 total sales reported to the Saskatoon MLS. In comparison to other weeks in 2011, this was the second highest sales total in Saskatoon and just 6 more than two weeks ago. While sales increased, the total MLS listings dropped significantly as there were 36 less listings last week than the week previous finishing with a total of 94 and compared to 2010, listings dropped 40. Last week was the lowest number of listed properties in one week this entire year. Overall the number of listings closed out last week at 1298 (758 single family and 469 condominiums) which is one less than the week before. Last year there were 717 single family and 436 condominiums on the Saskatoon MLS. Sales activity on the higher end of the market pushed the weekly average price up over the $314,000 mark. If you have any questions or if you’re thinking about buying or selling, please contact Matthew @ 381-3982 or Tyler @ 260-5129.

The Matthew Olsgard Team

The Matthew Olsgard Team

CENTURY 21 Fusion
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