Saskatoon Real Estate News November 6, 2014

Saskatoon real estate market update for October 2014

The October 2014 Saskatoon real estate market sales has increased from 2013 where 375 houses for sale in Saskatoon sold. This year we saw a slight market increase with 383 houses in Saskatoon selling for the month of October.

The average home price in Saskatoon did see significant changes from last year with the average house price at $362,037 for 2014.  This is up 4.7% from last year’s $345,928 in October.

Currently, the average time to sell a house in Saskatoon has increased slightly from September’s 41 days to 43 days.

By the end of October, homebuyers in Saskatoon had 1,484 homes to choose from with 451 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 767 new house listings in Saskatoon in 2014 while in 2013 we saw 703 new units placed on the market, signifying an increase of 9.1%.

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