Saskatoon Real Estate News February 9, 2017

Saskatoon real estate market update for January 2017

The January 2017 Saskatoon real estate market sales increased from 2016 where 232 houses for sale in Saskatoon sold. This year we saw 249 houses in Saskatoon selling for the month of January.

The average home price in Saskatoon did see a decrease from last year with the average house price at $341,806 for 2017. Last year was at $355,154 in January.

Currently, the average time to sell a house in Saskatoon has increased slightly in January from 51 days to 52 days.

By the end of January, homebuyers in Saskatoon had 1,655 homes to choose from with 687 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 724 new house listings in Saskatoon in 2017 while in 2016 we saw 683 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