The January 2014 Saskatoon real estate market improved slightly from 2013 where 221 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 228 houses in Saskatoon selling for the month of January.
The average home price in Saskatoon didn’t see significant changes with the average house price at $354,037 for 2014. This is up a whopping 5.5% from last year’s $335,612 in January.
Currently, the average time to sell a house in Saskatoon has increased from 45 to 51 days.
By the end of January, homebuyers in Saskatoon had 1,145 homes to choose from with 370 of those being condos for sale in Saskatoon.
Listing inventory in Saskatoon has increased with 636 new house listings in Saskatoon in 2014 while in 2013 we saw 571 new units placed on the market, signifying a change of 11.4%.
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.
Saskatoon Real Estate Agent
Century 21 Fusion