Saskatoon Real Estate Market Update May 26th

The momentum continues to ride on an upswing in the Saskatoon real estate market as there were 98 sales reported to the local MLS which is 14 more than the week previous and 16 more than the same period in 2010. Listing activity also picked up after slowing the previous weeks as there were 157 total listing posted onto the local MLS. This helped to raise the total inventory numbers up to 1380 properties (804 single family and 502 condominiums), which is 4 more than the same period last year. The weekly average selling price ended at $323,669 and the average selling price below list was $10,667 less, while 9 sellers achieved asking price and 3 got over list price. If you have any questions about the active Saskatoon market, contact us!

The Matthew Olsgard Team

The Matthew Olsgard Team

CENTURY 21 Fusion
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