Sales activity in the Saskatoon real estate market remains at above average activity as numbers inched past the century mark last week. In total, 101 sales took place in the Saskatoon real estate market (67 single family, 31 condominiums), with an average price of $346,507 and an average days on market of 32. To put these numbers into perspective, two weeks ago there were 105 sales with an average price of $367,007 and in 2012 during the same week period there were only 86 sales with an average price of $323,899. The four week average price is currently $349,945 while the average days on market is 36, whereas in 2012 the weekly average was substantially lower at $324,928 and an average days on market of 31.
Currently there are 1343 active listings (778 single family, 466 condominiums) on the market in Saskatoon right now, which is a very healthy number. Listings seem to be replenishing themselves nicely of late as last week 151 new listings were posted to the market (94 single family, 51 condominiums), while there were 150 posted two weeks ago.
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