Saskatoon Real Estate News July 10, 2014

Saskatoon real estate market update for June 2014

The June 2014 Saskatoon real estate market improved greatly from 2013 where 470 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 529 houses in Saskatoon selling for the month of June.

The average home price in Saskatoon did see significant changes from last year with the average house price at $362,413 for 2014.  This is up 6.6% from last year’s $350,175 in June.

Currently, the average time to sell a house in Saskatoon has decreased from May’s 36 days to just 33 days.

By the end of June, homebuyers in Saskatoon had 1,509 homes to choose from with 473 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 907 new house listings in Saskatoon in 2014 while in 2013 we saw only 750 new units placed on the market, signifying a whopping increase of 20.9%.

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