Saskatoon Real Estate News January 9, 2014

Saskatoon real estate market update for December 2013

The December Saskatoon real estate market improved slightly from 2012 where 180 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 183 houses in Saskatoon selling for the month of December.

The average home price in Saskatoon didn’t see significant changes with the average house price at $341,065 for 2013.  This is up only 0.6% from last year’s $338,997 in December.

Currently, the average time to sell a house in Saskatoon has decreased from 51 to 47 days.

By the end of December, homebuyers in Saskatoon had 1,019 homes to choose from with 328 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 331 new house listings in Saskatoon in 2013 while in 2012 we saw 252 new units placed on the market, signifying a change of 9.4%.

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