Saskatoon Real Estate Listings

The average residential selling price in September took a slight dip to $311,057.00 reflecting a 1% decrease from September 2010 when the average selling price was $312,914.00. At the end of September the year to date average selling price was $307,415.00 up 4% from year to date numbers in September 2010 when the year to date average was $294,741.00.

Properties listed in September totalled 608 up 2% from the same month a year ago. Year to date 5,770 homes have been listed for sale up 3% from year end September 2010 when 5,626 were placed on the market. Buyers had less to choose from with 1,222 available at the end of September, that number down from September 2010 when 1355 were available to purchase.

Recent announcements in the resource sector will continue to bolster optimism in the Saskatchewan economy helping to maintain home pricing and demand.

If anyone you know is thinking of making a real estate move, I would appreciate you passing my name along. I am committed to providing the same high quality service that you received to all my clients.

If you have any questions or if you would like to discuss details of your next move, contact me.

The month of August was very active for Saskatoon REALTORS® selling 415 residential properties, that number up 33% from August 2010 when 311 properties sold. Year to Date unit sales numbers stand at 2,819, that number up 12% from 2010 when they total stood at 2,523. The $300,000 to $350,000 price range continues to be the most active. The average number of days to sell in the month of August was 38 days.

The average residential selling price in August was $315,774.00 this number was up 3% from August 2010 when the average selling price was $306,460.00. At the end of August the year to date average selling price was $306,949.00 up 5% from year to date numbers in August 2010 when the year to date average was $292,519.00.

REALTORS® listed 629 homes in August that number down 2% from August 2010 when 644 properties were listed for sale. Year to date 5,165 homes have been listed for sale that number up 3% from year end August 2010 when 5,032 were placed on the market. Home buyers had 1,315 homes to select from at the end of August, that number down from August 2010 when 1405 were available to purchase.

Interest rates remain unchanged being favorable to purchase that next home. Job creation in the Saskatoon area remains steady. The forecast for the remainder of 2011 is for listing and sales numbers to continue to balance and for prices to level or move up slightly due to demand.

If anyone you know is thinking of making a real estate move, I would appreciate you passing my name along. I am committed to providing the same high quality service that you received to all my clients.

If you have any questions or if you would like to discuss details of your next move, contact me.

The average residential selling price in July was $303,439.00 this number was up 4% from July 2010 when the average selling price was $290,411.00. At the end of July the year to date average selling price was $305,419.00 up 5% from year to date numbers in July 2010 when the year to date average was $290,559.00.

REALTORS® listed 603 homes in July that number up 10% from June 2010 when 549 properties were listed for sale. Year to date 4536 homes have been listed for sale that number up 3% when 4,388 being placed on the market. Home buyers had 1405 homes to select from at the end of July that number down from June 2011 when 1430 were available to purchase.

Interest rates remain unchanged being favorable to purchase that next home. Job creation in the Saskatoon area remains steady. The forecast for the remainder of 2011 is for listing and sales numbers to continue to balance and for prices level or move up slightly due to demand.

If you have any questions or if you would like to discuss details of your next move, contact me.

REALTORS® were kept very busy in June selling 422 residential homes. That number was up 16% from June 2010 when 364 properties were sold. The greatest sales activity remained in the $300,000.00 to $350,000.00 price range. The average number of days to sell in the month of June was 36 days pointing to an active steady market environment.

The average residential selling price in June was $310,643.00 this number was up 5% from June 2010 when the average selling price was $295,963.00. The increase in the average selling price indicates strong sales activity in the mid to upper price range. Year to date the average selling price date stands at $305,829.00 up 5% from last year at this time when the year to date average price was $290,588.00.00.

Inventory levels continued to correct in the month of June. Home buyers had 1430 homes to select from at the end of the month that number up slightly from June 2010 when 1412 homes were on the market. REALTORS® listed 770 homes in June that number was up 14% from June 2010 when 677 properties were listed for sale. Year to date 3,934 properties have been listed for sale that number up 2% from June 2010 when 3,839 were placed on the market for sale. Inventory levels remain steady providing home buyers with a reasonable number of homes from which to select.

Saskatoon’s economy remains strong. Consumer optimism in the economy is shown by their willingness to invest both in residential and commercial real estate. Many renters are looking to purchase, many current home owners are looking to move up in house and many REALTORS® are working with clients wanting to move to Saskatoon from out of province.

The average residential selling price in May was $317,932 this number was up 8% from May 2010 when the average selling price was $295,167. The increase in the average selling price indicates strong sales activity in the mid to upper price range. Year to date the average selling price stands at $304,664 up 5% from last year at this time when the average price was $289,277.

Inventory levels continued to stabilize in the month of May. Home buyers had 1378 homes to select from at the end of the month that number up slightly from May 2010 when 1300 homes were on the market. REALTORS® listed 762 homes in May that number was down 2% from May 2010 when 779 properties were listed for sale. Year to date 3,164 properties have been listed for sale that number on par with 2010. Inventory levels remain steady providing home buyers with a reasonable number of homes from which to select.

Optimism in Saskatoon’s economy remains high. This in turn is reflected in the consumer’s willingness to invest in residential real estate.

Interest rates are favorable to purchase that next home and job creation in the Saskatoon area remains steady. The forecast for the remainder of 2011 is for listing and sales numbers to increase marginally and for resale prices to move up slightly due to demand.

If you have any questions or if you would like to discuss details of your next move, contact me.

April’s residential home sale market softened somewhat with 343 homes selling as compared to 369 homes selling in April 2010. The greatest sales activity remained in the $300,000.00 to $350,000.00 price range. The average number of days to sell in the month of April was 36 days pointing to an active steady market environment.

The average residential selling price in April was $315,866.00 this number was up 6% from April 2011 when the average selling price was $298,481.00. The increase in the average selling price indicates strong sales activity in the mid to upper price range. Year to date the average selling price date stands at $299,843.00 up 4% from last year at this time when the average price was $287,464.00.

Inventory levels continued to correct in the month of April. Home buyers had 1300 homes to select from at the end of the month that number up slightly from April 2010 when 1258 homes were on the market. REALTORS® listed 634 homes in April that number was down 19% from April 2010 when 784 properties were listed for sale. Year to date 2,403 properties have been listed for sale that number on par with 2010 when 2,383 were placed on the market for sale. Inventory levels remain steady providing home buyers with a reasonable number of homes to select from.

Optimism in Saskatoon’s economy remains high which in turn is reflected in consumer’s willingness to invest both in residential and commercial real estate. Renters want to purchase, many current home owners are looking to move up and REALTORS® also report significant interest from clients wanting to move to Saskatoon from out of province.

The 2011 first quarter sales market activity continued to be strong in March. Saskatoon REALTORS® assisting 346 home buyers with the purchase of their dream home. This number was down 4% from March 2010 when 359 homes were sold. Year to Date unit sales numbers stand at 821 that number up 6% from 2010 when the total stood at 772. The $300,000 to $350,000 price range continues to be the most active. The average number of days to sell in the month of March was 36 days.

The average residential selling price in March was $294,025.00 this number up 4% from March 2010 when the average selling price was $282,393.00.

REALTORS® listed 694 homes in March that number down 6% from March 2010 when 739 properties were listed for sale. Year to date 1769 homes have been listed for sale that number up 11% when the 2010 first quarter ended with 1,599 being placed on the market. Home buyers had 1219 homes to select from at the end of March.

Interest rates remain unchanged being favorable to purchase that next home. Job creation in the Saskatoon area remains steady. The forecast for the next quarter of 2011 is for listing and sales numbers to continue to balance and for prices level or move up slightly due to demand.

If you have any friends or relatives thinking about buying or selling a home, I would appreciate it if you would pass my name along.  I would be happy to answer any questions they might have.