RECORD BREAKING SALES IN MARCH

Sales were up 108.8% in Saskatoon (going from 273 to 570) in March, 2021. Sales in Saskatoon were 72.9% above the 5-year average. Year-to-Date (YTD) sales in Saskatoon rose 66.2% over last year (increasing from 722 to 1,200)

Sales volume was up 118.0% in Saskatoon, going from $94.7M to $206.5M in 2021 (82.4% above the 5-year average, and 76.7% above the 10-year average). YTD sales volume in Saskatoon was $427.8M (an increase of 78.4% from last year), In Saskatoon, the number of new listings in March 2021 rose 53.8%, going from 602 to 926 (23.3% above the 5-year average). YTD new listings rose 23.4% (going from 547 to 675).

Active listings fell 12.0% in Saskatoon (down from 1,454 to 1,279). Inventory in Saskatoon…

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Sales in Saskatoon were up 53.0%, going from 230 in February 2020 to 352 in February 2021, and up 59.9% in the overall region, going from 314 to 502. In Saskatoon, sales were 42.7% above the 5-year average (and 35.1% above the 10-year average), while in the larger region, sales were 50% above the 5-year average (and 43.1% above the 10-year average). Year-to-Date (YTD) sales in Saskatoon rose 40.3% over last year, increasing from 449 to 630, while YTD sales in the larger region rose 43.4%, going from 604 to 866. Sales volume was up 69.0% in the city, going from $73.7M to $124.4M in 2021 (49.6% above the 5-year average, and 42.2% above the 10-year average). YTD sales volume in the city was $221.3M, an increase of 52.5% from last year. In the region, sales…

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Sales in Saskatoon were up 26.9% from 219 in January 2020 to 278 in January 2021, and up 25.5% in the overall region, going from 290 to 364. In Saskatoon, sales were 28.2% above the 5-year average, while in the larger region, sales were 24.1% above the 5-year average. Volume was up 35.6% in Saskatoon, going from $71.5M to $96.9M in 2021.

In January the number of sales in Saskatoon fell 2.5%, going from 571 to 557 (7.9% below the 5-year average and 10.6% below the 10-year average), while in the region, new listings fell 4.2% from 811 last year to 777 this year (9.3% below the 5-year average and 11.4% below the 10-year average). Active listings fell 24.5% in Saskatoon (down from 1,373 to 1,037) and fell 28.0% in the region. Saskatoon inventory stood at…

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Sales in Saskatoon were up 35.0%, going from 203 in December 2019 to 274 in December 2020, and up 41.5% in the overall region, going from 258 to 365. In Saskatoon, sales were 32.1% above the 5-year average (and 33.5% above the 10-year average), while in the larger region, sales were 33.8% above the 5-year average (and 32.3% above the 10-year average).

Year-to-Date (YTD) sales in Saskatoon rose 18.2% over last year, increasing from 3,614 to 4,272, while YTD sales in the larger region rose 23.0%, going from 4,833 to 5,945. Sales volume was up 39.6% in the city, going from $67.8M to $94.6M in 2020 (34.5% above the 5-year average, and 35.0% above the 10-year average). YTD sales volume in the city was $1,471.2M, an increase of 22.8% from last year. In the…

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14 Willow View Court - Live at the lake! Check out this gorgeous home for sale in a newer subdivision of Blackstrap/Shields 25 mins from Saskatoon. Built in 2015, this two story 1715 sq foot home features a large entryway with built-in cabinet for coats and storage, a 2 piece bath with tile floor, open concept layout with modern white kitchen cabinets, quartz countertops, stainless steel appliances, an island with pull out cabinetry, beautiful hardwood flooring and a gas fireplace. There is plenty of room for a large dining table and convenient patio doors to the deck. Upstairs you will find plush carpet, second floor laundry with front load washer and dryer, a large master bedroom with a walk-in closet and ensuite with large shower. The additional…

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The month of July saw a significant 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…

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Improved Saskatoon spring housing market continues into June The stronger residential housing market that began in March continued into June, as Saskatoon Realtors® sold 372 homes for a dollar volume of just under $126 million, the Saskatoon Region Association of REALTORS® (SRAR) reported Friday.

Sales were up six per cent from last June’s 350, while the combined value rose nine per cent from $116 million. Buyers also had fewer listings to choose from, as 784 units were added to the city’s market, down 10 per cent from last year’s 871 and well down from the previous year’s 949. “Fewer listings and a renewed interest from first-time home buyers have helped support the Saskatoon market,” said SRAR CEO Jason Yochim. “We’re in a fairly balanced…

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Fewer home owners seem ready to put their home on the market this year compared to last. In May, a total of 943 properties were added on the Multiple Listing Service® (MLS®) in Saskatoon representing a 9% decrease from last May. Year to date there were 13% fewer homes listed year to date in Saskatoon. The total number of active listings in Saskatoon at the end of May was 2,001, just slightly above the five year average of, 1,945 units. “Typically we see the highest number of active listings between May and September.” comments Jason Yochim, CEO with the Saskatoon Region Association of REALTORS®, “It’s the most active time in our market largely due to favorable weather.” He adds. Inventory levels for active MLS® listings reached an all-time high in July of…

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April 2019 Saskatoon Real Estate Market Update

April housing demand in the Saskatoon region was the strongest in three years, as sales jumped 18 per cent over the same month of 2018.

The Saskatoon Region Association of REALTORS® (SRAR) reported 513 sales on the MLS® system, up from 433 last April and 414 in 2017. Those sales generated a dollar volume of $169.6 million, up 12 per cent from last year’s $152 million and 14 percent from $147 million in 2017. Year-to-date, sales are up seven per cent to 1,440, as compared to 1,342 in 2018 and 1,368 in 2017. Dollar volume is up three per cent to $460.2 million from last year’s $447.8 million. The spring market usually brings an increase in listings, and April followed that tradition. Listings…

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There were 1084 active listings with 258 homes sold in March/19.

The average home took 52 days to sell and we currently have 6 months worth of inventory.

  • With 694 active listings, the average price was $432,693
  • Average sale price in 2019 = $351,753 Average sale price in 2018 = $366,876
  • The average townhouse price was $300,016.
  • Average sale price in 2019 = 277,089 Average sale price in 2018 = $257,558
  • The average condo price was $258,389
  • Average sale price in 2019 = $183,087 Average sale price in 2018 = $201,560

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