Real Estate Blog

  • The total number of new residential listings in Saskatoon on the Multiple Listing Service (MLS) year to date totalled 7,111 - 12% decline when compared to the same period last year with 8,065 properties listed.

  • The total number of residential listings for Saskatoon and region year to date is 10,929, a 10% decline from last year.

  • The average residential price was $332,000 at the end of October, down 4% from a year ago and $20,000 from two years ago.

  • The Benchmark price for a typical townhouse style property in Saskatoon was $222,900 last month and for apartment style properties, $180,100 in October. 

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  • Sales are up 3% for the month and -2.0% YTD in Saskatoon with 268 properties selling in Saskatoon in the month of September.

  • 648 New Listings hit the market down from 767 last September.

  • Average Sale price in September was $319,275 down 7% from $344,426 in September 2017.

  • Average Sale price year to date is $332,730, down 4% from 2017.

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At the end of August there were 2,019 active residential listings in the city of Saskatoon, a decline of 8% from a year ago. Of the active listings, approximately 1,227 are single family while just over 780 fall under condominium ownership. The decline in active listings is largely due to a decline in homes listed year over year. To date, a total of 5,875 residential properties have been listed in Saskatoon on the Multiple Listing Service® (MLS®), down 11% compared to the end of August last year. “In a slower market, one typically sees fewer speculative sellers than in a hot market” comments Jason Yochim, CEO with the Saskatoon Region Association of REALTORS® “It’s important to bear in mind that homes sell in all markets. If a seller needs to sell then

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The month of July saw an increase of over 25% in the year-over-year Multiple Listing Service® (MLS®) sales activity with a total of 390 unit sales in the month. This compares with 310 transactions in July of 2017. Total MLS® transactions for Saskatoon year to date was down 3.3% with 2,082 home sales compared to 2,152 to the end of July 2017. “Although one month does not constitute a trend, it is very encouraging to see such a significant increase in activity during a month when many buyers typically leave town on vacation” comments Jason Yochim, CEO with the Saskatoon Region Association of REALTORS®. Other positive indicators are a decline in the number of new MLS® listings coming on to the market. A total of 710 new MLS® listings in July represented

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