Sales in the Saskatoon real estate market bumped up 20 from two weeks ago to 94 firm sales (57 single family, 32 condominiums) last week, which is a very impressive number. In 2012 there were 84 sales during the same week period and the average price was just over $320,000. In 2013 the average price jumped up to just over $334,000, while the average house lasted for 45 days on the market. These numbers are promising and after a tumultuous February, sales numbers in the entire month of March could actually eclipse the 2012 figures.
Currently there are 1051 active listings (663 single family, 304 condominiums) in Saskatoon, which is right on par with last week. The listing inventory in Saskatoon is replenishing itself lately and isn’t gaining much ground as we seem to be hovering around 1000 listings. Last week there were 132 new listings posted on the local MLS.
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