Saskatoon real estate market review - Jan 23-27

Currently there are 945 listings on the Saskatoon MLS (621 single family and 279 condominiums) which is right on par with the numbers for the same period in 2011. Last week there were 68 firm sales in Saskatoon which is ahead of the numbers from 2011 when only 58 sales occurred in the Saskatoon real estate market. The average selling price for the week was $307,291 which was $6062 under list price, while the average days on market was 49 for those sales. Whereas in 2011 the average list price was $292,152 and the average sale price was much lower at $284,575 while the average was 39 days on the market. A one week average is a relatively small sample size, however one can see when comparing year over year that the average prices are going up in Saskatoon. An increased demand in the buyer market because of low interest rates will drive up prices for the short term. For any further questions about the Saskatoon real estate market please email them to thematthewolsgardteam@century21.ca

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Tyler Frederick

Tyler Frederick

REALTORĀ®
CENTURY 21 Fusion
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