Saskatoon Real Estate Market Update: November 1

Last week in Saskatoon there were 66 single family and condominium sales reported in the local real estate market, which is 13 less than the week previous and 17 less than the same period last year. Overall sales for the month of October were substantially lower than the 2009 numbers, however when looking at recent history the numbers are very average. Last week there were 85 homes posted on the Saskatoon MLS which is well ahead of the listings for the 2009 period when 63 homes were placed on the market. Overall the MLS listing numbers in Saskatoon are on the seasonal decline as 1210 (734 Single family and 414 condominiums) listings remain. In comparison to the 2009 numbers, there were only 943 properties on the Saskatoon MLS which shows the number of listings remain higher than usual by a substantial margin. Lastly, an unusual amount of activity at the high end of the market pushed the weekly average price up to $305,451. For any real estate advice or if your thinking about buying or selling please feel free to contact us. Matthew – 381-3982, Tyler 260-5129

The Matthew Olsgard Team

The Matthew Olsgard Team

CENTURY 21 Fusion
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