Saskatoon Real Estate News February 11, 2016

Saskatoon real estate market update for January 2016

The January 2016 Saskatoon real estate market sales has decreased slightly from 2015 where 181 houses for sale in Saskatoon sold. This year we saw 178 houses in Saskatoon selling for the month of January.

The average home price in Saskatoon did see a small change from last year with the average house price at $363,074 for 2016. This is an increase from last year at $356,268 in January.

Currently, the average time to sell a house in Saskatoon has decreased slightly from December’s 53 days to 52 days.

By the end of January, homebuyers in Saskatoon had 1,628 homes to choose from with 629 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has decreased with 709 new house listings in Saskatoon in 2016 while in 2015 we saw 755 new units placed on the market, signifying a decrease of 6.09%.

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