Last week there were 97 sales (63 single family, 28 condominiums) recorded on the Saskatoon MLS, which is a very slight drop off from the previous week when there were 107 sales. Last week the average sale price in Saskatoon was $343,541 which was $7160 on average under list price, with an average days on market of 30. In comparison to the previous week, the average price was very comparable at just over $341,000, with an average selling price of just over $8300 under list, with an average days on market of 36. We are seeing consistency in the market currently which is something that hasn’t really occurred as of late.
Currently there are 1149 active listings on the Saskatoon MLS (676 single family, 384 condominiums), which is only 11 more properties than there were last Monday. New listing numbers dropped from 181 two weeks ago to 151 last week, which is actually pretty surprising. In 2011 during the same period there were 111 properties listed, however there were a total of 1310 listings. It appears that the listing push has begun and it will only be a matter of time before total listing numbers in Saskatoon increases.
If you’re thinking about buying or selling contact us at firstname.lastname@example.org. Have an excellent week!