March 9, 2017

Saskatoon real estate market update for February 2017

The February 2017 Saskatoon real estate market sales slightly increased from 2016 where 226 houses for sale in Saskatoon sold. This year we saw 229 houses in Saskatoon selling for the month of February.

The average home price in Saskatoon did see a decrease from last year with the average house price at $337,855 for 2017. Last year was at $332,689 in February.

Currently, the average time to sell a house in Saskatoon has remained stable in February at 52 days.

By the end of February, homebuyers in Saskatoon had 1,737 homes to choose from with 731 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has decreased slightly with 613 new house listings in Saskatoon in 2017 while in 2016 we saw 727 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