Saskatoon Real Estate Market: Why Homes Are Selling Over Asking
Posted by Kent Braaten on
As a real estate professional in Saskatoon for over 15 years, I’ve seen many shifts in the housing market—but this year has brought a new kind of conversation to the table: what a home is listed for may not reflect what it will sell for.
Saskatoon’s housing market continues to experience low inventory and high buyer demand, resulting in multiple offers and sale prices soaring $10,000, $20,000, and even $50,000 above list price. It’s a tough reality for many buyers who are just starting their home search. In fact, the most difficult conversations I’m having with clients right now aren’t about finding the perfect home—they’re about adjusting expectations and understanding true market value.
That doesn’t mean every home sells above asking. Some are…
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