Saskatoon Real Estate News November 10, 2016

Saskatoon real estate market update for October 2016

The October 2016 Saskatoon real estate market sales increased from 2015 where 408 houses for sale in Saskatoon sold. This year we saw 420 houses in Saskatoon selling for the month of October.

The average home price in Saskatoon did see a slight decrease from last year with the average house price at $351,032 for 2016. Last year was at $353,663 in October.

Currently, the average time to sell a house in Saskatoon has remained the same from September at 49 days.

By the end of October, homebuyers in Saskatoon had 1,796 homes to choose from with 707 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has slightly decreased with 756 new house listings in Saskatoon in 2016 while in 2015 we saw 767 new units placed on the market.

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