The Saskatoon Home Team

Where Integrity Meets Hard Work

Sales volume in the Saskatoon real estate market narrowly slipped behind the 2013 totals over the past month. Here is what sales numbers looked like last week in Saskatoon. There were 85 sales in total, 63 single family homes and 22 condominiums. Last week the average price of a home and condominium in Saskatoon were roughly on par with the figures from 2013, however they are slightly higher.
 
Single Family Homes
 
Sales        Average Price        Days on Market     Average Selling  $ Under Asking
 
63              $406,602                           38                                   -$9,117
 
Condominiums
 
Sales        Average Price        Days on Market     Average Selling  $ Under Asking
 
22             $297,261                             47                                   -$5,887
 
Single Family Homes – 4 Week Average
 
Year            Sales        Average Price        Days on Market   
 
2014            232              $387,069                     37    

2013            236              $376,724                     36
 
Condominiums – 4 Week Average
 
Year           Sales        Average Price        Days on Market   
 
2014            94             $285,199                         49

2013            87             $281,579                         38



There are currently 1105 single family homes and 454 condominiums  in Saskatoon listed on the local MLS. There were 155 new listings posted to the market last week.
 
For more information on the market, or if you’re buying/selling contact us here!

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Sales volume in the Saskatoon real estate market remains ahead of volume set a year ago by a substantial margin. Here is what sales numbers looked like last week in Saskatoon. There were 81 sales in total, 60 single family homes and 21 condominiums. Last week the average price of a home and condominium in Saskatoon were roughly on par with the figures from 2013.

 

Single Family Homes

 

Sales        Average Price        Days on Market     Average Selling  $ Under Asking

 

60              $376,215                           38                            -$9,293  

 

Condominiums

 

Sales        Average Price        Days on Market     Average Selling  $ Under Asking

 

21             $270,982                            69                            -$5,396

 

Single Family Homes – 4 Week Average

 

Year            Sales        Average Price        Days on Market    

 

2014            250              $382,283                      52   
2013            230              $379,773                      37  

 

Condominiums – 4 Week Average

 

Year           Sales        Average Price        Days on Market    

 

2014            105             $276,910                     47
2013            84               $275,790                     44

There are currently 1097 single family homes and 479 condominiums  in Saskatoon listed on the local MLS. There were 152 new listings posted to the market last week, which is down from the 200+ we have seen over the past while. Listing figures are likely the highest they’ve ever been this late in October ever in the Saskatoon market. This explains the extended days on market and the fact listings are selling for less than usual under asking price. 

 

For more information on the market, or if you’re buying/selling contact us here!

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Sales volume in the Saskatoon real estate market are well ahead of the pace set in 2013.
Here is what sales numbers looked like last week in Saskatoon. There were 81 sales in total, 50 single family homes and 30 condominiums.

 

Single Family Homes

 

Sales        Average Price        Days on Market     Average Selling  $ Under Asking

51              $378,832                           35                            -$9,000   

 

Condominiums

 

Sales        Average Price        Days on Market     Average Selling  $ Under Asking
30              $294,227                           40                             -$6,986

 

Here is how the past month (September 15th to October 12th) compares to the same month period in 2013. Sales volume in the single family and condo markets have gone up considerably. The average price of a home has increased, while the average price of a condo has decreased a little bit. The average days on market of a single family home have increased to due high amount of competition, while the condo market has less competition and has changed little since 2013.

 

Single Family Homes

 

Year            Sales        Average Price        Days on Market    
2014            264              $389,359                      51   
2013            242              $376,049                      37   

 

Condominiums

 

Year           Sales        Average Price        Days on Market    
2014            127               $278,650                     42
2013            110                $284,461                    44


There are currently 1213 single family homes and 533 condominiums  in Saskatoon listed on the local MLS. There were 175 new listings posted to the market last week, which is down from the 200+ we have seen over the past while. There are currently roughly 140 more single family homes on the market than last year, while condominium numbers are quite similar to 2013 figures.

 

For more information on the market, or if you’re buying/selling contact us here!

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Sales have been very brisk of late in the Saskatoon real estate market of late as 65 single family homes and 28 condos were reported sold last week.

 

Over the past 4 weeks there has been an average of 130 sales per week which is a very active market as there were only 98 sales per week during the same period in 2013.

 

During the past month the average price of a single family home is $388,083, while the average home sells in 51 days on market and an average of $8,834 under asking price. The most notable change between 2014 and 2013 is sales volume of single family homes where 136 more homes sold during the same month period this year.  The average price of a single family home is roughly $10,000 higher in 2014 than last year.

 

There have been 129 condos reported as sold over the past month at an average price of $272,656, 45 days on market and an average of $4,906 sale price under asking. A grand total of 22 more condos have sold in 2014 than last year. The average price of a condo dropped during the past year by roughly $13,000 as more entry level condos have been in demand.

 

There are currently 1145 single family homes and 539 condos on the market. Last week the market was quickly replenished as 162 single family homes and 60 condominiums were listed.  There are currently 165 more listings on the market this year than last.

 

For any questions on market trends, or if you’re thinking of buying/selling, contact us here!

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