Welcome to 1402 2nd Avenue North in the the Kelsey Woodlawn area of Saskatoon.

Offered at $304,900 MLS®

 

View still images of this home here.

 

You’d have to look a long time to find another home that’s been given such great care by its owner. You’ll immediately notice how well loved it is. The home sits on a beautiful fifty foot corner lot that backs Woodlawn Cemetery. It has just one residential property bordering it, so it’s quiet and private. The front yard offers a beautiful lawn space while the fenced back yard features a patio, garden beds and low maintenance stone beds. The 24x24 detached garage hardly puts a dent in this massive yard. The garage has a double overhead door accessible from the rear lane, and a single overhead door at the opposite end making it very convenient to store a collector vehicle or an RV. The seller has lived here close to 25 years, and they tell us that they have stripped this home to the studs so it could be re-insulated and drywalled. It’s super warm, and cheap to heat. There are few things that haven’t been upgraded. Renovations include kitchen cabinets and countertops, two bathrooms, windows, window and door casings, baseboards, flooring, paint, furnace, water heater, and a low maintenance exterior of vinyl siding and aluminum trim. Even the main water and sewer lines were replaced last year. The developed lower level had a one-bedroom suite prior to the city’s rule changes for rental suites and it could likely be redeveloped for additional revenue. The basement has large windows that welcome a lot of natural light making it pleasant space to spend time in. Central air. Main floor laundry. Move in and enjoy.

 

Interested parties should contact Brett McClelland at 306-260-7086 for details and showing arrangements. 

 

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we'd be happy to represent you and prominently display your home here. 

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Saskatoon real estate sales rebounded this week after showing a sharp decline during the previous period. Local agents brought 86 firm residential sales to the MLS® system, up from 54 a week ago, but down from 101 for the same week last year. Still, 86 sales falls just shy of this year’s most productive week when 89 Saskatoon homes traded hands. The new listing activity also grew to reach 200, up from 178 a week earlier and falling slightly short of the 202 new listings brought to the multiple listing service® over the same period last year.

 


Saskatoon real estate statistics for MLS home sales from April 16-22, 2017


 

The inventory of Saskatoon MLS® listings continued to head upward, stopping just short of the 2000 mark at 1999. That’s higher than it was at the close of the previous week by 36 homes, and up 37 from a year ago. Today’s totals show 1073 single-family homes being available to buyers. That selection tops last year’s by about 50. Condo inventory is at 759 today, 15 fewer than were available a year earlier.

 


Saskatoon active residential listings on the MLS at April 22, 2017


 

This week’s price figures are significantly skewed by upper-end activity, much like last week. The weekly median remained high at $355,000 and the weekly average took a huge jump to $385,856. While sales of high-end homes were generally strong, some extra punch to the average came from two sales, one at $2 million dollars, and the other at $930,000. This is just the third time that Saskatoon has produced a seven figure sale with a 2 at the front end. This is fairly remarkable given that it happened for the first time just last September. All three sales were at the Willow’s Golf Community. In any case, this week’s sales pushed the six-week average price for a Saskatoon home to $352,278. That’s up about eight thousand dollars from last week, and about thirty-five hundred dollars higher than it was a year ago. The four-week median price also took some gains growing more than thirteen thousand from last week to reach $339,000. That’s just a thousand dollars below where it was a year ago.

 


Average and median prices for Saskatoon homes sold through the MLS from April 16-22, 2017


Historical 6-week average price for Saskatoon homes sold through the MLS from April 16-22, 2017


Historical 4-week median price for Saskatoon homes sold through the MLS from April 16-22, 2017


 

The number of “at list price” sales doubled this week to ten, and the number of homes that sold above list dropped from two to one. That single seller saw a $2,200 bonus. The remaining 75 trades went for less than the asking price netting those buyers a hefty discount of $15,688. Like this week’s prices, the average discount was skewed by large discounts on those two big sales. Together, those two homes went $415,000 below their asking price contributing some big dollars to the discount pool.

 


Saskatoon real estate statistics for MLS home sales from April 16-22, 2017


 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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Welcome to 502 - 1022 Hampton Circle in the the Hampton Village area of Saskatoon.

Offered at $256,000 MLS®

 

View still images of this home here.

 

When they said, “location is everything” this is exactly the kind of spot they had in mind. Take in the breathtaking beauty of expansive park views from your spacious raised deck, a perfect spot to gather your thoughts over a cup of coffee in the morning, or to wrap up your day with a glass of your favourite wine as you watch the sun set. Gorgeous, and peaceful. Children will experience the benefit of two of Saskatoon’s newest elementary schools that are just a couple of hundred metres away on Hampton Circle. This Hampton Village townhouse is beautifully decorated in warm, neutral colours and offers a spacious and open floor plan with over 1250 square feet of living space on two levels. The main level has a bright living room with plenty of windows to enjoy the park view and a garden door to the deck. The kitchen is lovely featuring an abundance of wood cabinetry and a breakfast bar. The two main rooms are connected by a formal dining area. There are two bathrooms including a main level powder room and the four-piece bathroom on the second level. The home comes with one garage stall and the exclusive use of one electrified parking stall. Other amenities include laundry, walk-in closets in two of the three bedrooms, kitchen appliances, custom made window coverings, and central air conditioning. Your monthly condo fee includes exterior maintenance, snow removal, lawn care, and a contribution to the reserve fund.  

 

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements. 

 

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we'd be happy to represent you and prominently display your home here. 

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A shortened work week brought softer home sales and a sharply lower number of new listings for the Saskatoon real estate market.

 

Local agents reported just 54 firm Saskatoon home sales to the multiple listing service® this week, down from 88 transactions the previous week, and also well below numbers generated during the same week last year when 82 sales were reported. New listings slipped lower to 178, which is well down from the 253 homes listed the week before, and 42 fewer than were listed during the same week in 2016.

 


Saskatoon residential MLS sales and listings for the week of April 9-15, 2017


 

The number of Saskatoon real estate listings showing an “active” status in the residential category continued to grow, this week reaching 1963 properties by the close of business Thursday. That number is up 32 from a week earlier and tops inventory numbers recorded at the end of the same week a year earlier by 18 homes. As the week wound down, buyers had a selection of 1054 single-family homes, which is 34 more than were available a year ago. The number of available condominiums slipped lower to 747, down from 769 last year.

 


Saskatoon active residential listings on the MLS at April 14, 2017


 

While there were no seven-figure sales recorded this past week (in fact, nothing that even reached $700,000), upper-end home buyers certainly showed up, especially in area one, driving both the weekly median price and the weekly average higher to $356,750 and $367,674 respectively. The six-week average price dropped $2500 compared to the previous week and settled at $343,806 for an annual decline of about fifty-five hundred dollars. The four-week median price moved higher by nearly 6K on a weekly basis and reached $322,750. That’s down almost fifteen thousand dollars from a year ago.

 


Average and median prices for Saskatoon homes sold through the MLS from April 9-15, 2017


Historical 6-week average price for Saskatoon homes sold through the MLS from April 9-15, 2017


Historical 4-week median price for Saskatoon homes sold through the MLS from April 9-15, 2017


 

This week saw five “at list price” sales and just two that recorded a final sale price that was greater than the asking price. Those two deals netted the seller an average bonus of $11,050. The remaining 47 trades were all reported to have sold at a price below the asking price with an average discount of $12,159.

 


Saskatoon real estate statistics for MLS home sales from April 9-15, 2017


 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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Welcome to 1709 Prince of Wales Avenue in the Richmond Heights area of Saskatoon.

Offered at $379,900 MLS®

 

View still photos of this home here.

 

You’ve just found a wonderful home, on a beautiful lot, in an amazing Richmond Heights location. In fact, those who like to run, walk or bike will appreciate this home’s proximity to a world of beauty and tranquility. Just 500 metres from your front door, you’ll enjoy what seems like endless lengths of paved pathway through some of Saskatoon’s most breathtaking scenery on both sides of our stunning river valley. Imagine beginning or ending each day right here. The yard is well landscaped with generous lawn spaces and mature trees and shrubs. The back yard is made for entertaining and has a deck and a large block patio. There’s plenty of off-street parking with a front concrete driveway to the attached garage. The home is fully developed and impressively renovated with a stunning kitchen featuring grey raised panel cabinets, tiled backsplash and stainless steel appliances. The kitchen and living room, where you’ll enjoy your evenings in front of the gas fireplace, have upgraded flooring as does the master bedroom. Both the upper and lower level bathrooms have been renovated as well. The lower level is nicely developed and offers a spacious family and games area, a fourth bedroom, a three-piece bathroom and a utility/laundry room. New exterior doors and many new windows keep the heat in during the winter, while central air keeps you cool all summer long. 

 

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements. 

 

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we'd be happy to represent you and prominently display your home here. 

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This was one of those weeks during which all things were looking up for the Saskatoon real estate market. Sales grew. New listings exploded. Active listings inventory grew. Both long term price measures headed higher. Maybe it was the previaling temperatures, which were also nicely up.

 

Saskatoon real estate agents reported 88 firm residential sales to the multiple listing service® this week to once again set a new weekly sales record for the year, which in and of itself is nothing spectacular at this time of year when sales numbers should be consistently growing. This week’s numbers beat the previous week by seven sales and were up when compared against the same week last year by nine.

 

The number of new listings for the week grew to a whopping 253 which is the highest number of new listings for any seven day period since the week of September 3, 2015. It’s a hefty number, 53 higher than last week and up nearly two dozen compared to the same week a year earlier, one which had also produced an impressive listing spike.

 

 

Saskatoon residential MLS sales and listings for the week of April 2-8, 2017

 

 

The number of residential listings for sale on the Saskatoon MLS® also spiked higher as 77 Saskatoon homes where added to its numbers by the close of business Friday. It now sits at 1931 listings, up from 1854 a week earlier, and ahead of the 1884 properties available at this time last year. The greatest gains were seen in the condo category when oodles of listings that expired the previous week came rushing back on the market. Condo inventory grew by more than five percent this week from 705 to 745 to finish the week ahead of last year’s levels by 20 homes. Single-family homes also moved up from 999 a week ago to 1023 today. That’s also up from 987 a year earlier.

 

 

Saskatoon active residential listings on the MLS at April 8, 2017

 

 

The median sale price for the week stayed stable at $310,000. The only number that edged lower this week was the average sale price that slipped just a few hundred dollars to $341,263. Meanwhile, the six-week average price grew by about four thousand dollars on a weekly basis to reach $345,593 which is actually up from a year earlier by around a thousand dollars. The four-week median price inched up a few thousand dollars from a week earlier to close the week at $317,000 taking an annual loss of seventeen thousand dollars.

 


Average and median prices for Saskatoon homes sold through the MLS from April 2-8, 2017

Historical 6-week average price for Saskatoon homes sold through the MLS from April 2-8, 2017

Historical 4-week median price for Saskatoon homes sold through the MLS from April 2-8, 2017

 

 

Twelve Saskatoon home sellers saw offers that met their asking price this week, and two that went above, both by just $100.  The remaining 75 sales were reported to have sold below the listed price netting those buyers an average discount of $10,475.

 


Saskatoon residential MLS sales and listings for the week of April 2-8, 2017


 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

 

 

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Welcome to 29 Clark Crescent in the Brevoort Park area of Saskatoon.

Offered at $320,000 MLS®

 

View full listing details here.

 

This 3+1 bedroom bungalow offers an ideal Brevoort Park crescent location. St. Matthew School (French Immersion program) is just 400 metres away so your kids will have an easy walk to school. The adjoining public park is one of Saskatoon’s nicest and offers baseball, skateboarding and soccer facilities, an outdoor skating rink, toboggan hill, and a paddling pool. Brevoort Park School sits at the opposite end of the park for those who prefer the public system. From this location, Circle Drive provides quick access east or west.
 
The home is fully developed and features a non-regulation, one-bedroom suite in the lower level. Upgrades in recent years include shingles and a natural gas furnace. More recently, the house has been painted inside and out, the flooring has been replaced upstairs and down, and the bathrooms have been renovated. The main floor has updated doors and trim. It sits on a large landscaped lot with a fully fenced back yard with plenty of room for a future garage. 

 

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements. 

 

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we'd be happy to represent you and prominently display your home here. 

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Welcome to 346 Stonebridge Common in the Stonebridge area of Saskatoon.

Offered at $489,000 MLS®

 

View still images of this home here.

 

This lovely family home has a lot to offer, with a superb Stonebridge location being foremost among the many benefits. Enjoy the open view across a beautiful public park space and the peace of mind that comes with the very short walk that will get your kids to school. A host of shopping and recreational amenities are nearby. Fully developed, the home is packed with great features that will bring comfort to your life daily. It offers four bedrooms and four bathrooms including a lovely ensuite in the master bedroom with a full tub, shower. The main level is open and bright with rich hardwood and tile flooring. The kitchen is gorgeous and a joy to prepare meals in with an abundance of dark wood cabinets, beautifully complemented by the tile backsplash and stainless steel appliances. The massive island expands your counter space to make meal prep a breeze while providing a perfect spot for breakfast as the kids get ready for school. The dining room is ideal for casual dining and large family gatherings. The well landscaped lot offers a fenced backyard, generous lawn spaces and a large deck. The double detached garage is finished and offers year-round warmth with electric heat.

 

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements. 

 

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we'd be happy to represent you and prominently display your home here. 

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Saskatoon real estate sales reached a new annual high this week as local agents reported a total of 81 firm residential deals to the multiple listing service®, up nine from the previous week, but down by 13 sales when compared against numbers generated during the same period last year. Meanwhile, month end listing activity was quite strong as 200 new residential listings hit the MLS® system for a weekly gain of 37. These numbers were down from the same week last year when 214 new listings were added to the system.

 


Saskatoon residential MLS sales and listings for the week of March 26 - April 1, 2017

 

 

The number of active residential listings available to Saskatoon home buyers took a slight dip as month end expired listings prevented the numbers from growing. This morning, there are a total of 1854 active listings, which is ten fewer than there were a week ago. Still, that number is enough to show year-over-year inventory gains for the first time since early February. At the close of the same week last year, total inventory sat at 1833. The largest growth is actually in the single-family homes category where we have 999 properties for sale, up from 955 a year ago. Condo inventory shows a rare year-over-year decline with 705 active listing today, versus 710 a year earlier.

 

 

Saskatoon residential MLS sales and listings for the week of March 26 - April 1, 2017

 

 

This week’s average sale price was driven higher by a 1.15 million dollar sale. It came in at $341,627. The weekly median remained on the low side at just $314,250 as entry level buyers were quite active. The six-week median price made some modest gains growing by about three thousand dollars from last week to reach $341,627 and finishing the week with an annual increase of about six hundred dollars. The four-week median price fell just two hundred dollars from a week earlier to $314,250 to show an annual loss of nearly 18K.

 


Average and median prices for Saskatoon homes sold through the MLS from March 26 - April 1, 2017

Historical 6-week average price for Saskatoon homes sold through the MLS from March 26 - April 1, 2017

Historical 4-week median price for Saskatoon homes sold through the MLS from March 26 - April 1, 2017

 

Sellers had a decent week as five sales were reported at the asking price and another four hit the books recording a sale price that was greater than the seller’s list price by an average of $5,519. Meanwhile, the remaining 72 sales went below list with an average discount of $11,990.

 

 

Saskatoon real estate statistics for MLS home sales from March 26 - April 1, 2017

 

 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

 

 

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Saskatoon real estate agents posted a total of 72 residential sales to the local MLS® system this week, up three from last week to beat numbers generated during the same week last year by five. New listing activity remained strong as well. While those numbers slid lower by 15 homes when compared to activity from the previous week, they were well ahead of the 141 properties listed during the same period of 2016.

 


Saskatoon residential MLS sales and listings for the week of March 19-25, 2017


 

Inventory levels continued to move higher as we’d expect at this time of year. This morning there are 1864 Saskatoon homes for sale on the multiple listing service®, which is up 27 units from a week earlier, and down just 11 from levels recorded at this time last year. That is the smallest year-over-year decline since late February and it leaves us in a spot where we could easily see annual gains again with one big week. For the first time in months, the number of single-family homes for sale in Saskatoon sits higher than a year ago. Today we have 988 listings in that category, up ten from last year. Condo inventory now sits at 724, down four from this time in 2016.

 


Saskatoon active residential listings on the MLS at March 25, 2017


 

Entry level sales carried the week. In fact, seven residential sales below the $100,000 mark set the stage for one of our lowest weekly median prices this year at just $308,000. With no sales recorded above $635,000 the weekly average also fell lower to $314,465. Meanwhile, the six-week average price of a Saskatoon home slid to $338,366 to finish the week just three thousand dollars lower than it was at the close of the same week last year. The four-week median price managed to make some gains as it grew by twenty-five hundred dollars from the previous week to reach $329,500. This measure lost $2500 on an annual basis.



Average and median prices for Saskatoon homes sold through the MLS from March 19-25, 2017

 

Historical 6-week average price for Saskatoon homes sold through the MLS from March 19-25, 2017

 

Historical 4-week median price for Saskatoon homes sold through the MLS from March 19-25, 2017

 

 

Two lucky sellers found themselves managing a bidding war that drove their price higher, one getting just a hundred dollars over list, and the other bagging a bonus of $11,000. On the flip side of the negotiating table, 63 buyers held firm for a discount that averaged $11,707. The remaining seven sales recorded a price that was equal to the seller’s list price.

 

 

Saskatoon real estate statistics for MLS home sales from March 19-25, 2017

 

 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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It’s starting to look like spring has arrived. With plus zero temperatures predicted for most days over the next couple of weeks, it’s about to get wet. A little preventative maintenance is in order if you’d like to keep the spring melt off from ending up in your basement.

 

Here are our top ten tips to prevent a basement flood.

 

  • Remove snow from around your foundation and window wells.
  • Most lots drain along the outside edges. Remove snow from these areas.
  • Keep the snow in your yard because shoveling it onto streets or lanes could block drainage.
  • Clear snow and ice from around the bottom of your downspouts and extend downspouts at least two metres so water drains away from your foundation.
  • Where possible and safe, help clear snow, ice, and debris from the catch basins in your area.
  • Check your roof and eaves troughs for excessive snow.
  • Consider hiring a professional to clear snow from your roof.
  • A roof rake may help you to clear snow and debris from the edge of your roof.
  • Consider using sandbags to block water from entering low-lying areas beside your foundation.
  • If water is getting close to your foundation, use an appropriate pump to drain it to the gutter or back lane.

Best wishes for a dry spring.

 

Norm

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Saskatoon real estate sales activity continued its up and down dance this week as local agents reported 69 firm residential transactions to our MLS®. That amounts to an increase of 13 sales compared to the previous week and matches production for the same week last year. 

 

The number of new listings added to the multiple listing service® also pushed higher as 178 Saskatoon homes were offered for sale for a weekly gain of 12.  That’s up by just one when compared to the same week a year earlier.

 


Saskatoon residential MLS ® sales and new listings for the week of March 12-18, 2017


 

The inventory of active MLS® listings continued to grow as it likely will each week over the next couple of months. This week it climbed by 54 homes and reached 1837, which is a drop of just 30 homes from this time last year. Today there are 958 single-family homes for sale in Saskatoon, 13 fewer than were available a year earlier. Condo inventory sits at 717. That roughly matches levels recorded at the close of the same week last year (down one).

 


Active residential listings on the Saskatoon MLS® at March 18, 2017


 

A more typical mix of sales between the entry level and the upper end saw the weekly price numbers looking a bit more typical. The average price paid for a Saskatoon home grew marginally to $342,593 while the weekly median settled at $332,000. A higher weekly median price pushed the four-week median price up three thousand dollars to $327,000 which is lower than it was a year ago by five thousand bucks. The six-week average inched higher growing by less than two hundred dollars from the previous week. It finished the period at $343,016 to take an annual loss of about twelve hundred dollars.

 

 

Average and median prices for Saskatoon homes sold through the MLS® from March 12-18, 2017

 

Historical six-week average price of Saskatoon homes sold through the MLS® from March 12-18, 2017

 

Historical four-week median price of Saskatoon homes sold through the MLS for the week of March 12-18, 2017

 

 

One seller found a buyer willing to pay more than their asking price netting them a bonus of $4100 while seven others bagged a full price offer (In most cases these are new homes, some even reporting a sale price greater than the asking price, but because they’ve typically been on the market for a period of time, I’m assuming that additional value has been negotiated into those final sale prices, and I’m therefore reluctant to call them “overbids” as we would typically think of overbids, where two parties might be bidding up the price in hopes of landing the home). The remaining 62 sales went for less than the list price providing those buyers with an average discount of $11,051.

 

 

Saskatoon real estate statistics for residential MLS® sales from March 12-18, 2017

 

 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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Welcome to 727 Lenore Drive in the Lawson Heights area of Saskatoon.

Offered at $325,000 MLS®

 

View full listing details here.

 

You know the old saying, “the three most important things in real estate are location, location and location" and the current owner has enjoyed this location very much. It’s a pretty easy walk to two great elementary schools and two excellent high schools. Those who like to run, walk or cycle have quick and easy access to Meewasin Trail and the South Saskatchewan River valley where you’ll enjoy some of Saskatoon’s prettiest scenery through all four seasons. A number of good shopping opportunities are easy to get to including the Mall at Lawson Heights, Costco, and even downtown Saskatoon. The home itself has a great yard, beautifully landscaped, and fenced. Inside, you’ll find functional space including hardwood floors through the main living area, and a spacious dining room with patio doors to the rear yard deck, just adjacent to an attractive kitchen with plenty of white European style cabinets. There are three bedrooms and a full four-piece bathroom that was renovated in recent years. The lower level is developed with a spacious and open family room that has large windows and a wood-burning fireplace. Other notable improvements include new eavestroughs and downspouts (last year) and a number of cool tech features like a Nest thermostat and smoke detectors, a Kevo keyless entry system and a wifi garage door opener. .

 

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements. 

 

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we'd be happy to represent you and prominently display your home here. 

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On the heels of the most productive sales week this year, Saskatoon real estate sales softened. Local agents reported just 53 firm residential deals to the multiple listing service® which is down from 72 last week. During the same week a year ago 75 Saskatoon homes traded hands. 

 

Meanwhile, the number of new listings added to the MLS® also fell lower to 166. That’s well below the 234 homes that came onto the market last week, and just marginally lower than the 169 homes listed over the same period last year.

 

 

Saskatoon residential MLS ® sales and new listings for the week of March 5-11, 2017

 

 

The number of Saskatoon homes listed for sale on the multiple listing service® gained some ground as it climbed by 45 units this week to reach 1783, down from 1832 a year earlier. Today’s totals show 937 single-family homes for sale, down just slightly from 955 at the close of the same week in 2016. Condo inventory sits at 694 today for an increase of just four from a week earlier, and down by 14 from a year ago.

 


Active residential listings on the Saskatoon MLS® at March 11, 2017


 

You may recall that a solid chunk of last week’s market was at the upper-end of the value range. That pushed the weekly average and median prices much higher. With more than ten percent of this week’s sales exceeding $500,000 there was no lack of upper-end activity but with 22 sales below the $300,000 mark, both the weekly average and the weekly median fell sharply lower to $339,949 and $315,000 respectively. The longer term measures held their ground with the six-week average slipping just a thousand dollars to $342,847 to claim an annual increase of roughly seven thousand dollars. The four-week median price fell twice as much from the previous week to settle at $324,000 which is down just $1000 from a year earlier.

 

 

Average and median prices for Saskatoon homes sold through the MLS® from March 5-11, 2017

 

Historical six-week average price of Saskatoon homes sold through the MLS® from March 5-11, 2017

 

Historical four-week median price of Saskatoon homes sold through the MLS for the week of March 5-11, 2017

 

 

Overbid action was shut out again. I think that’s five or six weeks now since anyone paid more than asking price but seven sellers did get full price offers, all of those new homes. The remaining 47 deals closed at a price that was less than the seller had asked delivering an average discount of $13,743.

 

 

Saskatoon real estate statistics for residential MLS® sales from March 5-11, 2017

 

 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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The Saskatoon home market is showing positive signs in a few of the key areas. “There are a few key statistics that we watch ever month to get a sense of where our market is at and where it may be headed,” says Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® .“We keep a close eye on the number of transactions, the inventory levels and the change in pricing," he adds. 


In February, there were 229 residential sales recorded, up marginally from 226 for the same month in 2016.  Year-to-date, Saskatoon home sales are up four percent compared to the same period in 2016 with 558 unit sales. This is comparable to the number of home sales in 2015. The total dollar volume of those sales was just over $186 million, representing a two percent increase over last year. 

 

 

Saskatoon residential sales through the MLS® for the month of February, 2017

 

Saskatoon single-family home sales through the MLS® for the month of February, 2017

 

Saskatoon condominium sales through the MLS® for the month of February, 2017

 


At the end of February, the inventory of available residential properties on the MLS® system in Saskatoon was 1,659 units, 5.4 percent lower than it was at the same time last year. The lower inventory levels are largely due to a significant drop in the number of new listings added to the MLS® system. So far this year, there have been 1,337 new listings added to the system compared to 1,410 last year. When comparing new listings for the last month, there were 15.7 percent fewer properties added to the market this February than there were last February.


Active residential listings on the Saskatoon MLS® at the close of February, 2017


New Saskatoon real estate listings processed by the Saskatoon MLS® in February, 2017



A decline in new listings coupled with an increase in sales resulted in a sales-to-listing ratio (new listings/sales) of 37.4 percent in February. This is a significant improvement from last February when this ratio was 30.9 percent. A market with a sales-to-listing ratio below 40 percent is considered to be a solid buyers market but this indicates a positive move towards a more balanced market. “Although we are seeing these positive indicators quite early on, these statistics indicate a shift in the marketplace in a positive direction,” comments Yochim. 

Home prices remain relatively unchanged year-to-date with the average price down a mere 0.7 percent to just under $340,000. The median price of $320,000 represents a slight drop of 1.6 percent, year-over-year. The Home Price Index (HPI) is considered to be the most accurate measure of home values and where the market prices are trending. The HPI composite price is an aggregate of various residential home types in a particular market and is a measurement of change in value over time. A composite value was established with a base year and has been indexed on a monthly basis. The composite value in February was $297,900 representing a 1.2 percent decrease from a year ago. This value had been on a downward trend since mid-2016, which is not surprising considering elevated inventory levels through the year and a buyer’s market.



Average price of a Saskatoon home for February, 2017


MLS Home Price Index - Benchmark values for Saskatoon single-family homes in February, 2017


MLS Home Price Index - Benchmark values for Saskatoon townhouses in February, 2017


MLS Home Price Index - Benchmark values for Saskatoon apartments in February, 2017



The average number of days for a home to sell in Saskatoon was 54. This is only slightly longer than in February 2016 when the average was 52 days. Homes are selling at 97 percent of their asking price, which is consistent with last year. 

“The best advice I can give a seller in any market is to get professional advice when dealing with your largest asset,” adds Yochim. 

Jason Yochim CAE, CRAE
Chief Executive Officer – Saskatoon Region Association of REALTORS® 

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It was a busy week for Saskatoon real estate agents. Residential sales reached their highest point since late October of last year as agents reported 75 firm deals to the multiple listing service® for a weekly increase of 23 properties. Sales were also well up from the same week last year when just 54 deals firmed up. New listings also came on strong as they often do during the first week of the month when listings that met the end of their term without a sale the previous week rush back on the market for another go. Total new listings came in at 243, which is up nearly one hundred units from the week before, but down by 11 compared to the same period last year.

 

 

Saskatoon residential MLS ® sales and new listings for the week of February 26 - March 3, 2017

 

 

The inventory of Saskatoon homes for sale on the MLS® system inched higher this week as it grew by just 17 units from a week ago to reach 1738. At the close of the same week last year there were 1811 active residential listings on the system. This is the fourth consecutive week that active listings have come in below levels recorded the previous year. This fourth annual decline produced the largest year-over-year drop since late October of last year. As of this morning, there are 897 single-family homes for sale on the multiple listing service®. That’s up three from a week earlier, and down 40 from last year. Condo inventory is at 690 today, up seven from a last week and down twelve on an annual basis.

 


Active residential listings on the Saskatoon MLS® at March 3, 2017


 

Following a few weeks during which entry level buyers dominated the sales activity, upper-end home buyers showed up this week and drove all of our price measures higher. First, the weekly median grew by nearly 60K to hit $373,000 while the weekly average picked up about 30K as it soared to $371,452 thanks to 13 sales that produced a sale price of $500,000 or more. The six-week average price edged higher and grew by about four thousand dollars from the close of the previous week. That brought it to $343,807 which is up eighty-five hundred dollars from a year earlier. The four-week median price grew 10K to hit $326,000  for an annual increase of six thousand dollars.

 


Average and median prices for Saskatoon homes sold through the MLS® from February 26 - March 3, 2017


Historical six-week average price of Saskatoon homes sold through the MLS® from February 26 - March 3, 2017


Historical four-week median price of Saskatoon homes sold through the MLS for the week of February 26 - March 3, 2017


 

Once again, sellers were shut out of overbid situations, even as some listings generated multiple offers. There were eight deals reported to have sold at the asking price. Meanwhile, 67 Saskatoon home buyers ground themselves a discount that averaged $13,708. The largest discount this week was recorded on a Rosewood area bi-level that sold for $85,000 below list price after more than seven months on the market.

 


Saskatoon real estate statistics for residential MLS® sales from February 26 - March 3, 2017


 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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It was another week of up and down activity as Saskatoon real estate sales softened to 52. That’s down from 64 last week and it falls short of numbers posted during the same week a year ago when local agents reported 54 firm residential deal to the multiple listing service®. Still, as February draws nearer to its close, residential sales appear to be on track with last year’s numbers, even as the volume of new listings sees some declines. This week, just 133 listings were added to the inventory. That number is well down from the 156 Saskatoon homes listed the week before, and significantly lower than the 181 properties offered for sale over the same period in 2016. Year-to-date, 1,275 residential properties have been listed for sale on the MLS®. By this time last year, 1,345 new listings had been added to the system.

 

 

Saskatoon residential MLS ® sales and new listings for the week of February 19-25, 2017

 

 

The inventory of residential property listings available to Saskatoon home buyers inched higher this week as it grew to 1721 for a weekly increase of 14 but still fell below levels recorded a year earlier for the third week in a row. At the close of the same week last year, there were 1750 Saskatoon homes showing an active status on the MLS®. As of this morning, there are 894 single-family homes for sale within the city limits, down just marginally from 918 a year ago. Condo inventory sits at 683 which is just seven units above level recorded at this time last year.

 

 

Active residential listings on the Saskatoon MLS® at February 25, 2017

 

 

 

With just three sales processed above the $500,000 mark and strong activity at the market’s entry level, both the weekly median and the weekly average price slid lower to $289,950 and $312,384 respectively. I’ve only tracked these two measures on an actual spreadsheet since the beginning of 2016 but both numbers are as low as they’ve ever been over that period of time. This is partially due to a remarkably strong week for condo sales which came in at 19 units, the majority of which were priced below the mid-value point of this week’s sales. Taking a look over some longer periods, the four-week median price fell six thousand dollars from a week ago to $316,500. The six-week average also fell lower to $335,819, losing about four thousand dollars from a week ago. and roughly five thousand down on a year-over-year basis. It's also worth noting that once again, both of the longer term measures are at a four-year low for this particular week.

 


Average and median prices for Saskatoon homes sold through the MLS® from February 19-25, 2017


 


Historical six-week average price of Saskatoon homes sold through the MLS® from February 19-25, 2017



Historical four-week median price of Saskatoon homes sold through the MLS for the week of February 19-25, 2017

 

 

If the rumour of “multiple offers” being fairly common at this particular time is true, you wouldn’t know it by looking at overbid sales, which were non-existent in this week’s sales. There were four sellers who reported a property sold at the asking price but all four were new homes, which isn’t that uncommon. Savvy builders tend to know they have to price right at market value. If their product is moving it’s a good sign that they’re doing it right. Meanwhile, 48 of this week’s 52 sales closed below the seller’s list price netting average discounts of $11,998. 

 


Saskatoon real estate statistics for residential MLS® sales from February 19-25, 2017


 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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The Saskatoon housing market produced its strongest weekly sales numbers for the 2017 calendar year as local real estate agents reported 66 firm residential sales to the multiple listing service®, up from 52 last week for an annual increase of 14 home sales. The number of new listings added to the system remained steady compared to the week before at 156 but finished well ahead of the 130 Saskatoon homes that were added to the MLS® system over the same period last year.

 


Saskatoon residential MLS ® sales and new listings for the week of February 12-18, 2017


 

The total number of active listings available through the MLS® continued to make weekly gains as it grew by 38 units to reach 1707 homes and closed the week slightly down from levels recorded a year ago. At that time, there were 1715 residential properties showing an active status on the system. Today’s totals include 874 single-family homes. That’s 36 fewer houses than were available at the close of the same week last year. Of course, we also have 682 condos for sale across all Saskatoon neighbourhoods. That puts us ahead of last year’s levels by 35 units.

 


Active residential listings on the Saskatoon MLS® at February 18, 2017


 

Strong activity at entry levels ushered the weekly median price of a Saskatoon home lower to $316,200. Still, with more than ten percent of the week’s sales topping $500,000 and one sale reaching nearly a half a million dollars, the weekly average made some modest gains and reached $340,663. Meanwhile, the six-week average price grew by just a few hundred dollars from last week to close at $339,831. That’s down just two thousand dollars from where it stood a year ago but still at its lowest point for this particular week since 2013. The four-week median price also edged lower compared to last week. It finished the period at $322,500 which is down $7500 from a year earlier, and also its worst performance during this week in four year’s time.

 

 

Average and median prices for Saskatoon homes sold through the MLS® from February 12-18, 2017

 

Historical six-week average price of Saskatoon homes sold through the MLS® from February 12-18, 2017

 

Historical four-week median price of Saskatoon homes sold through the MLS for the week of February 12-18, 2017

 

 

Like the previous week, only one seller found a buyer willing to outbid someone else who also wanted their home, but this buyer went big offering $26,100 more than the asking price. Four others generously offered to pay the full asking price. The remaining 61 buyers pushed for a discount and netted an average saving of $12,422.

 


Saskatoon real estate statistics for residential MLS® sales from February 12-18, 2017


 

I’m always happy to answer your Saskatoon real estate questions.  Please feel free to call or text at 306-241-6676 or email me at norm@teamfisher.com.

 

Norm Fisher

Royal LePage Vidorra

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The Canadian Real Estate Association (CREA), released national sales statistics for the month of January, 2017 this week. According to the CREA, “National home sales were down slightly in January 2017 on a month-over-month basis."

 

Home sales over Canadian MLS® Systems edged down by 1.3% month-over-month in January 2017, putting them at the second lowest monthly level since the fall of 2015 and only slightly above levels recorded last November when recently tightened mortgage regulations came into effect.

 

Highlights of CREA's report

  • National home sales declined 1.3% from December 2016 to January 2017.
  • Actual (not seasonally adjusted) activity in January was up 1.9% from a year earlier.
  • The number of newly listed homes dropped 6.7% from December 2016 to January 2017.
  • The MLS® Home Price Index (HPI) in January was up 15.0% year-over-year (y-o-y).
  • The national average sale price was little changed (+0.2%) y-o-y in January.

 

Read the entire report on Canadian MLS® sales for January, 2017.

 

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is behind the contact button on the navigation bar at the top of this page. Please feel free to call or email.

 

Norm Fisher

Royal LePage Vidorra

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Welcome to 2530 Lansdowne Avenue in the the Avalon area of Saskatoon.

Offered at $446,500 MLS®

 

View full listing details here.

 

Beautifully located in Avalon, this home offers easy access to schools in both systems and the University of Saskatchewan campus. There are numerous nearby shopping opportunities including the Broadway Business District and an impressive number Stonebridge shops and services. Downtown Saskatoon is just a few minutes away via the South Circle Drive Bridge. Built in 2013, you’ll appreciate the opportunity to live in a well-established area but still enjoy the benefits of modern construction. Nine-foot ceilings and gorgeous hardwood floors across the open main floor give the home a real touch of class that’s sure to impress. The kitchen is one of the nicest we’ve seen featuring white shaker style cabinets, granite countertops, and a ceramic backsplash. A full set of stainless steel appliances including a built-in oven and natural gas range top make this room a joy to cook in. The huge island is perfect for everyday dining, or indulge your guests at the adjacent dining room table. You’ll love your new ensuite with its deep soaker tub to unwind in at the end of a long day and a separate shower. The lower level is ready for your development plans as the need presents itself.

 

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements. 

 

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we'd be happy to represent you and prominently display your home here. 

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