Last week in the Saskatoon real estate market, sales numbers dropped considerably as only 86 firm sales (52 single family and 29 condominiums) were recorded on the local MLS. In 2011 during the same period, there were 107 sold listings and two weeks ago we saw 100 firm sales in Saskatoon. The average sale price last week was $323,899 which is on average $14,888 higher than the average for the same week period in 2011. The average days on market last week was 28, which dropped from 34 during the same week period last year. The average selling price under list was $7693, while last year it was very comparable at $7040.
Currently there are 1281 active listings in Saskatoon (787 single family, 418 condominiums) which is much lower than the same period in 2011 when there were 1417 (818 single family, 508 condominiums). Last week there were 138 new listings (105 single family, 28 condominiums) posted to the local MLS while there was a very comparable 139 during the same period in 2011.
If you’re thinking about buying or selling or if you have further questions about the current real estate market in Saskatoon email us at email@example.com