Saskatoon Real Estate News • January 13, 2015

Saskatoon real estate market update for December 2014

by Kari Calder

The December 2014 Saskatoon real estate market sales has increased from 2013 where 260 houses for sale in Saskatoon sold. This year we saw a slight market increase with 278 houses in Saskatoon selling for the month of December.

The average home price in Saskatoon did see significant changes from last year with the average house price at $356,476 for 2014. This is up 4.0% from last year’s $344,469 in December.

Currently, the average time to sell a house in Saskatoon has increased slightly from November’s 40 days to 43 days.

By the end of December, homebuyers in Saskatoon had 1,290 homes to choose from with 336 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 519 new house listings in Saskatoon in 2014 while in 2013 we saw 494 new units placed on the market, signifying an increase of 5.0%.

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

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