August 7, 2019

July Real Estate Market Update

Summer has hit us and we are now in full swing! I am not sure where the month of July went but I personally got away and spent some time with family. From the Saskatoon real estate stats it looks like I was not the only one!

Listings are up slightly from 2018 at 1140 unit listings which is up from 1135 the year before. To date our listings are down 2.2% to 7724.
Home sales in Saskatoon and area was also down almost 10% in July with 481 sales compared to 533 the year before.

The average home price in Saskatoon is still above $330,000 at $331,780 compared to $337,667 the previous year and $343,167 in 2017. What does this tell you? That it is a great time to buy a house in Saskatoon and call me as your Trusted Saskatoon REALTOR to help you out!

Outside of Saskatoon the average house was up in July from $290,322 in 2018 to $311,998 this year but the rolling average house price outside of Saskatoon was down 5.2% from $310,623 in 2018 to $294,389 this year. There must have been some big houses or land selling around Saskatoon to help that monthly average.

We currently have 1932 properties for sale in Saskatoon which is lower than 2018 where we had 2048. In areas outside of Saskatoon we have 1213 properties for sale which isn’t much different than 2018 when we had 1221. I have some pretty great listings for sale including an incredible acreage for sale south of Saskatoon that is almost 3000 sq ft and under $700,000.

We have more REALTORS® in Saskatoon this year compared to last year. You can find 573 REALTORS in Saskatoon and a total of 636 licensees. If you are looking for a Saskatoon real estate agent who is trustworthy, honest and dependable then I am your agent! I am a proud member of Trusted Saskatoon REALTORS® which means I have been carefully chosen and vetted by their team and my previous clients.

If you would like to read more about me and my services I have several places where testimonials are available including on my websites and realsatisfied where I have over 175 testimonials if you want more info on my performance record.

Enjoy the rest of your summer…I know I will!