Real estate sales are continuing to soften slightly in Saskatoon as there were only 77 sales (48 single family, 26 condominiums) reported to the local MLS last week. Nearly every week this summer eclipsed the 100 mark in sales, however over the last 3 weeks sales numbers have dipped considerably. The average sale price in Saskatoon was $337,864 last week, while the average days on market was 31, which is very standard of late. The average sales price under asking was $7966.
Currently there 1253 active listings in Saskatoon (781 single family, 411 condominiums) which is very similar to recent weeks as listing inventory has remained very stable. Last week there were an impressive 150 new listings posted to the local MLS (100 single family, 42 condominiums), which eclipsed the listing amount from 2 weeks ago by 50.
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