The first half of 2014 started with a bang. Saskatoon house sales were up 13% from 2013 totalling 3,249 and a total of 7,184 homes were listed for sale during the first half of the year also with an increase from 2013 at 15%. The Saskatoon real estate market is strong and as the city continues to experience this kind of growth, increases like this will continue to be the norm.
The average house price also increased with the first half and is up 3% from last year while the number of days on market dropped from 40 days to 33 days now in 2014.
Surrounding Saskatoon, the areas also saw notable increases. Property sales increased 36% in June alone compared to last year and the average days on market ended at 64 days.
Home sales in the higher price ranges have also increased. Homes between the $350,000 and $500,000 range increased by 24% while the $500,000-$750,000 range increased by 33%.
All great signs for a booming real estate market in Saskatoon. If you are interested in learning more about what Saskatoon has to offer or wondering if a move is right for you, contact me today and I’ll be sure to help you out as best I can.
Saskatoon real estate agent
Century 21 Fusion