Saskatoon NewsSaskatoon Real Estate News August 13, 2015

Saskatoon real estate market update for July 2015

The July 2015 Saskatoon real estate market sales has increased from 2014 where 419 houses for sale in Saskatoon sold. This year we saw a market decrease with 444 houses in Saskatoon selling for the month of July.

The average home price in Saskatoon did not see significant changes from last year with the average house price at $361,128 for 2015. This is down 1.0% from last year’s $364,484 in July.

Currently, the average time to sell a house in Saskatoon has increased from June’s 42 days to 52 days.

By the end of July, homebuyers in Saskatoon had 2,047 homes to choose from with 726 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 916 new house listings in Saskatoon in 2015 while in 2014 we saw 932 new units placed on the market, signifying a decrease of 2.0%.

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