Saskatoon News May 8, 2014

Saskatoon real estate market update for April 2014

The April 2014 Saskatoon real estate market improved slightly from 2013 where 437 houses for sale in Saskatoon sold. This year we saw the market increase it’s sales with 452 houses in Saskatoon selling for the month of April.

The average home price in Saskatoon didn’t see significant changes with the average house price at $352,656 for 2014.  This is up 4.0% from last year’s $340,507 in April.

Currently, the average time to sell a house in Saskatoon has increased from 40 to 49 days.

By the end of April, homebuyers in Saskatoon had 1,415 homes to choose from with 441 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has increased with 884 new house listings in Saskatoon in 2014 while in 2013 we saw 751 new units placed on the market, signifying a large increase of 18%.

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