Saskatoon Real Estate News • September 8, 2016

Saskatoon real estate market update for August 2016

by Kari Calder

The August 2016 Saskatoon real estate market sales has increased from 2015 where 448 houses for sale in Saskatoon sold. This year we saw 506 houses in Saskatoon selling for the month of August.

The average home price in Saskatoon did see a small decrease from last year with the average house price at $353,012 for 2016. Last year was at $353,971 in August.

Currently, the average time to sell a house in Saskatoon has decreased slightly from July’s 52 days to 50 days.

By the end of July, homebuyers in Saskatoon had 1,984 homes to choose from with 770 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has decreased with 831 new house listings in Saskatoon in 2016 while in 2015 we saw 843 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

kari@saskatoonrealestate.net

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