Saskatoon Real Estate News September 5, 2014

Saskatoon real estate market update August 2014

The August 2014 Saskatoon real estate market sales has increased from 2013 where 375 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 395 houses in Saskatoon selling for the month of August.

The average home price in Saskatoon did see significant changes from last year with the average house price at $352,842 for 2014.  This is up 2.9% from last year’s $342,964 in August.

Currently, the average time to sell a house in Saskatoon has increased slightly from July’s 37 days to 41 days.

By the end of August, homebuyers in Saskatoon had 1,542 homes to choose from with 439 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 764 new house listings in Saskatoon in 2014 while in 2013 we saw 740 new units placed on the market, signifying a small increase of 3.2%.

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