The Saskatoon real estate market was steady last week, yet far from impressive. SRAR (Saskatoon Region of Realtors) posted sales on 85 houses/condos during the period, which is down from last year’s number of 95 during the same week. New listings decreased by 153, which is a drop of 10 sales from the previous week, yet ahead of 2009. Active listings have toppled the 1300 mark which is a gain of almost 50 listings from last week (453 condos and 782 single family dwellings, while the average price dropped significantly last week to $292,000. There were also plenty of price reductions last week. The market will continue to slow until May long weekend, after which we should see more activity.
At the moment Matt and I have a total of 8 listings, 6 in Saskatoon and 2 in rural areas. We have noticed the market slowing down within the past few weeks. However we are hoping for it to pick up in the weeks to come. Presently Tyler is taking a course in both Regina and Saskatoon ran by Mark Leader, who is the top real estate sales trainer in North America, while Matt is busy taking care of our existing listings and developing new business.
If you have any real estate questions, feel free to ask.
Matt – 381-3982 Email: email@example.com
Tyler – 260-5129 Email: firstname.lastname@example.org