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Year over Year Average Home Price Declines
Year over year average sale price was down 12% in January at $302,412. By comparison, the average price in January of 2017 and 2018 was $$341,260 and $344,720 respectively. The challenge with averages is that the numbers can be skewed in a given period and are therefore not a reliable reflection of pricing. For this reason, the Canadian Real Estate Association created the MLS® Home Price Inde ...
Mike's Market Comments
2018 was a challenging year for some sellers in the Saskatoon market.
December sales were down by about 20% in terms of units sold, while overall unit sales for the year were down only about 5%. Fluctuations of 5% are certainly nothing to be concerned about, either way.
Some price ranges and neighborhoods did better than others, with the $300,000 -$400,000 price range showing the strongest ...
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Lake View Resort Home Narrated Tour
A rare find, this incredible year-a-round lake home features 3223 total sq. ft. on 3 levels. Among the many amazing details of this home are high cathedral ceilings in main area, an open concept kitchen, dining room and living room, rustic full height wood fireplace and large soaring windows providing an abundance of natural light & a scenic view of the lake from the top of the hill. A beauti ...
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YTD Home Sales Down 5%
December residential home sales on the Multiple Listing Service (MLS®) in Saskatoon totaled 164 transactions, 20% fewer than December of 2017 which recorded 205 residential sales. The region surrounding Saskatoon had 43 MLS® sales in December of 2018, only one less than the previous December. The total annual number of residential home sales for 2018 in Saskatoon totaled 3,329 units. This is ...
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