Saskatoon Real Estate News August 4, 2016

Saskatoon real estate market update for July 2016

The July 2016 Saskatoon real estate market sales has decreased from 2015 where 442 houses for sale in Saskatoon sold. This year we saw 370 houses in Saskatoon selling for the month of July.

The average home price in Saskatoon did see a small decrease from last year with the average house price at $367,359 for 2016. This is an increase from last year at $357,459 in July.

Currently, the average time to sell a house in Saskatoon has increased slightly from June’s 49 days to 52 days.

By the end of June, homebuyers in Saskatoon had 1,986 homes to choose from with 802 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has decreased with 789 new house listings in Saskatoon in 2016 while in 2015 we saw 916 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