At the present time the Saskatoon real estate market is quite active considering the season. Last week there were 78 firm sales posted to the Saskatoon MLS (53 single family, 25 condominiums). Two weeks ago there were 70 sales and last year during the same week period there were only 66 firm sales posted. Of the 78 sales last week, the average price was $331,888, while the average selling price under asking was $5163 and the average days on market was 46.
There are currently 1217 active listings (752 single family, 374 condominiums) in Saskatoon which is on par with listing figures of late. Last week there were a healthy 140 new listings (93 single family, 34 condominiums) which is on par with recent figures.
All things considered, the market is active and looks promising for the short term. If you have any questions about the current market in Saskatoon or if you’re thinking about buying or selling, please contact us at firstname.lastname@example.org