Saskatoon Real Estate News March 10, 2016

Saskatoon real estate market update for February 2016

The February 2016 Saskatoon real estate market sales has decreased slightly from 2015 where 242 houses for sale in Saskatoon sold. This year we saw 231 houses in Saskatoon selling for the month of February.

The average home price in Saskatoon did see a small change from last year with the average house price at $331,373 for 2016. This is an decrease from last year at $363,473 in February.

Currently, the average time to sell a house in Saskatoon has increased slightly from February’s 52 days to 54 days.

By the end of February, homebuyers in Saskatoon had 1,857 homes to choose from with 766 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has decreased with 729 new house listings in Saskatoon in 2016 while in 2015 we saw 661 new units placed on the market, signifying a decrease of 10.29%.

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