Posted by: karicalder | February 5, 2008

Saskatoon Real Estate Market Not Slowing Down!

In most real estate markets there are times when it will be very busy and times when it will be quite slow.  In all of 2007 the Saskatoon real estate market didn’t experience any down time.  The Saskatoon real estate market was the fastest growing market in the entire country.  By the end of 2007 the average selling price of a Saskatoon home was $232,362.  In January 2007 average price was $190,037 and it ended in December 2007 with $255,271.

Over the holiday season we experienced a short slow down which most anticipated would carry until late February or early March.  This however is not the case as we have already seen in January, 2008.  The Saskatoon real estate market is back at it again as we have already started seeing bidding wars on homes as early as the beginning of January.  In many instances Saskatoon homes are being sold within a day or two after being listed on MLS.  If you are looking at buying real estate in Saskatoon and wanted to wait until spring you may want to reconsider and look at buying something sooner.  With the way the market has started this year we will continue to see prices increase.

Please feel free to contact me with any real estate needs or for further information about the Saskatoon real estate market.

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.

 Whether you are looking to buy or sell a home in the Saskatoon real estate market I am your Realtor!


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