There were 292 reported sales in areas 1-5 of Saskatoon during November, an increase of 5% from last year when there were 277 sales reported during the period. This represents a decrease of 22% from October which had 375 sales. Areas 6-9, which includes acreages as well as the communities surrounding Saskatoon, reported 89 sales during the month, an increase of 39% from November 2012 when there were 64 sales during the period. This is a decrease of 21% from last month when there were 113 sales in areas 6-9.
The average selling price of a home in Saskatoon rose less than 1% from last year to $347,201. Areas 6-9 saw the average selling price for the month increase 13% from November of last year to $297,243.
There were 474 homes listed for sale during the month, an increase of 5% from last year when there were 452 homes listed for sale during the same period. Areas 6-9 had 197 new listings during November, an increase of 39% from last November, which had 142 listings during the month.
If you have any questions about the Saskatoon 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.