Saskatoon Real Estate News July 7, 2016

Saskatoon real estate market update for June 2016

The June 2016 Saskatoon real estate market sales has decreased slightly from 2015 where 603 houses for sale in Saskatoon sold. This year we saw 547 houses in Saskatoon selling for the month of June.

The average home price in Saskatoon did see a small decrease from last year with the average house price at $354,038 for 2016. This is an decrease from last year at $360,319 in June.

Currently, the average time to sell a house in Saskatoon has increased slightly from June’s 48 days to 49 days.

By the end of June, homebuyers in Saskatoon had 2,047 homes to choose from with 814 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has decreased with 1,345 new house listings in Saskatoon in 2016 while in 2015 we saw 1,345 new units placed on the market, increasing from the year before.

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