Saskatoon Real Estate News February 12, 2015

Saskatoon real estate market update for January 2015

The January 2015 Saskatoon real estate market sales has decreased from 2014 where 179 houses for sale in Saskatoon sold. This year we saw a market decrease with 227 houses in Saskatoon selling for the month of January.

The average home price in Saskatoon did see significant changes from last year with the average house price at $358,648 for 2015.  This is up 1.2% from last year’s $354,461 in January.

Currently, the average time to sell a house in Saskatoon has increased slightly from December’s 43 days to 55 days.

By the end of January, homebuyers in Saskatoon had 1,484 homes to choose from with 544 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 724 new house listings in Saskatoon in 2015 while in 2014 we saw 637 new units placed on the market, signifying an increase of 13.7%.

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