The Saskatoon and area surrounding area had a similar week to the previous week in the amount of listings to come on the market but sold properties were down.
Saskatoon Weekly Stats
- Their were 181 new residential listings this past week, compared to 188 the previous week. Which is quite down from this time last year when 266 properties were listed.
- A total of 2007 residential properties are currently on the market.
- 76 residential properties sold this week, down from last week which saw 99 sold. One year ago this week there were 102 listings sold.
Surrounding Area Stats ( with in 50km of Saskatoon )
- 46 properties were listed in the surrounding areas of Saskatoon, which is the same as the previous week of 46 residential properties. Its a large decrease from last of 98.
- To start the week their are 713 residential properties listed.
- 17 properties sold this week compared to 20 last week and down from last years total of 31.
FAQs
How many new residential listings came on the Saskatoon market from June 4 to June 10?
Saskatoon had 181 new residential listings during the week of June 4 to June 10. That was slightly lower than the previous week's 188 listings and well below the 266 listings recorded during the same week the previous year.
Why did Saskatoon home sales slow during this week?
Saskatoon recorded 76 residential property sales during the week, down from 99 the previous week and 102 during the same week last year. The excerpt shows that sales declined even though the number of new listings was similar to the prior week.
How much housing inventory was available in Saskatoon during the June 4 to June 10 market update?
There were 2,007 residential properties on the Saskatoon market at the start of the week. With 181 new listings and 76 sales recorded during the week, buyers had a sizable selection, while sellers faced competition from existing inventory.
How did the surrounding Saskatoon area perform compared with the city?
Within 50 kilometres of Saskatoon, 46 properties were listed during the week, matching the previous week's total. There were 17 sales, down from 20 the previous week and 31 during the same week last year, with 713 residential properties available at the start of the week.
Is the June 4 to June 10 market better for buyers or sellers in Saskatoon?
The weekly figures suggest buyers had more choice, particularly with 2,007 residential properties available in Saskatoon and sales below both the previous week and the same week last year. Sellers were still bringing properties to market, but the slower sales pace meant they needed to price and present their homes competitively.
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