Saskatoon Real Estate News January 5, 2017

Saskatoon real estate market update for December 2016

The December 2016 Saskatoon real estate market sales decreased slightly from 2015 where 197 houses for sale in Saskatoon sold. This year we saw 191 houses in Saskatoon selling for the month of December.

The average home price in Saskatoon did see a decrease from last year with the average house price at $342,617 for 2016. Last year was at $353,471 in December.

Currently, the average time to sell a house in Saskatoon has remained the same in December at 51 days.

By the end of December, homebuyers in Saskatoon had 1,446 homes to choose from with 602 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has remained the same with 393 new house listings in Saskatoon in 2016 while in 2015 we also saw 393 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