New residential listings dropped to 103 units this past week, compared to 122 the week before, and once again, unit sales marginally outpaced new listing activity. 109 single family homes and condominiums where reported sold on the Saskatoon MLS®.
The percentage of homes which sold at the list price or above the list price saw [...]
For a seller, the obvious allure of an unconditional offer is the certainty which it immediately provides. In the past, unconditional offers were typically made in rare instances when the buyer has the resources to finance the purchase themselves and does not require anyone’s approval. Today, we see many buyers submitting offers which contain [...]
Saskatchewan Premier Lorne Calvert says that his government is “gearing up” for another advertising blitz in Alberta to promote our province as a great place to live, according to a front page story in today’s Star Phoenix.
While it’s hard to argue that a province shouldn’t promote its benefits abroad, someone seems to be unaware [...]
Dwight Percy has an interesting article in the business section of today’s Star Phoenix titled, “High local housing prices are still below average” which is definitely worth reading.
Percy points out that while Saskatoon house prices have seen sharp increases over the last quarter, local homes are still trading well below the national average of [...]
A total of 122 new residential listings hit the Saskatoon real estate market this past week, while 118 homes were reported sold on the Saskatoon MLS®. Close to 80% of those units sold at or above their list price. Properties which sold above list price attracted offers which were on average, $23,403 higher than the [...]
The “2007 Royal LePage Female Buyers Report” was released this morning. The report which marries findings from a national consumer poll with anecdotal research examines buying habits of Canadian women. Among some of the findings, the report found that women are playing an increasingly significant role in the real estate market. In fact, of single [...]
If there was any positive news for Saskatoon real estate buyers this past week, it was the significant increase in the total number of new residential listings that came on the market. Approximately 133 single family homes and condominiums were listed for sale last week, compared to just 60 the week before, and 22 the [...]
The Saskatoon real estate market took off like a rocket in March producing bidding wars which can only be described as ridiculous for anyone who has been working in this business for any amount of time. By month end, almost 65% of properties sold were selling at, or above the list price. Average overbids were [...]
Home buyers found no relief in a hectic Saskatoon real estate market this past week as the total percentage of homes which sold at or above the asking price increased to 81% and average over bids topped $20,000 for the first time. 56 of the 80 homes which traded hands sold above list price.
Saskatoon’s [...]
March came in and out like an angry lion for those engaged in the Saskatoon real estate market with the average home price breaking the $200,000 mark for the first time in Saskatoon’s history. The average selling price of a Saskatoon home was $200,938, up from $156,670 last March.
According to figures released by the [...]
It’s never been harder to predict the probable selling price of a home in the Saskatoon real estate market. At most points in my career, it’s been reasonably easy to come pretty close with a little prudent research. Now, things seem to be changing so rapidly that it’s hard to answer the question with a [...]
