There were 183 reported sales in areas 1-5 of Saskatoon during December, an increase of 2% from last year when there were 180 sales during the month. This is a decrease of 37% from last month which had 292 reported sales. Areas 6-9, which includes the communities and towns surrounding Saskatoon, reported 57 sales during the period, a slight increase from last year when there were 56 sales in December. This is a decrease of 36% from last month when there were 89 sales reported in areas 6-9.
The average selling price of a home in Saskatoon rose 1% from last December to $341,065. Areas 6-9 saw the average selling price increase 9% from the same period last year to $306,985.
There were 331 new homes listed for sale in December, an increase of 31% from last year when there were only 252 homes listed for sale during the month. Areas 6-9 saw 103 new listings, a slight increase of 2% from last year's period when there were 101 new listings added to the market.
If you have any questions about the real estate market or would like to discuss buying or selling a home in Saskatoon or the surrounding area, please feel free to contact us any time.