Saskatoon Real Estate News December 8, 2016

Saskatoon real estate market update for November 2016

The November 2016 Saskatoon real estate market sales increased from 2015 where 281 houses for sale in Saskatoon sold. This year we saw 243 houses in Saskatoon selling for the month of November.

The average home price in Saskatoon did see a slight decrease from last year with the average house price at $350,212 for 2016. Last year was at $361,051 in November.

Currently, the average time to sell a house in Saskatoon has increased in November from 49 days to 51 days.

By the end of November, homebuyers in Saskatoon had 1,686 homes to choose from with 682 of those being condos for sale in Saskatoon.

Listing inventory in Saskatoon has slightly decreased with 665 new house listings in Saskatoon in 2016 while in 2015 we saw 631 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