Saskatoon Real Estate News December 5, 2013

Saskatoon real estate market update for November 2013

The November Saskatoon real estate market improved from 2012 where 277 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 292 houses in Saskatoon selling for the month of November.

The average home price in Saskatoon didn’t see significant changes with the average house price at $348,377 for 2013.  This is up only 0.4% from last year’s $346,931 in November.

Currently, the average time to sell a house in Saskatoon has increased from 37 to 51 days.

By the end of November, homebuyers in Saskatoon had 1194 homes to choose from with 342 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 474 new house listings in Saskatoon in 2013 while in 2012 we saw 452 new units placed on the market, signifying a change of 4.9%.

If you are looking for a qualified and experienced Saskatoon real estate agent, contact me for more information or to set up a meeting to discuss the current market and all your real estate needs.

 

Kari Calder

Saskatoon Real Estate Agent

Century 21 Fusion

kari@saskatoonrealestate.net