Saskatoon Real Estate News March 12, 2015

Saskatoon real estate market update for February 2015

The February 2015 Saskatoon real estate market sales has decreased from 2014 where 300 houses for sale in Saskatoon sold. This year we saw a market decrease with 240 houses in Saskatoon selling for the month of February.

The average home price in Saskatoon did see significant changes from last year with the average house price at $364,429 for 2015.  This is up 4.4% from last year’s $349,092 in February.

Currently, the average time to sell a house in Saskatoon has decreased from January’s 55 days to 49 days.

By the end of February, homebuyers in Saskatoon had 1,615 homes to choose from with 612 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 655 new house listings in Saskatoon in 2015 while in 2014 we saw 575 new units placed on the market, signifying an increase of 13.9%.

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