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Welcome to 314 Forrester Road in Fairhaven, Saskatoon, SK
 

Welcome to 314 Forrester Road in Fairhaven, Saskatoon, SK

 
 
Welcome to 314 Forrester Road in the Fairhaven neighbourhood of Saskatoon. From this location, you’ll be close to Fairhaven public elementary school and St. Mark Catholic elementary school, as well as Tommy Douglas public and Bethlehem Catholic high schools. There are also numerous parks and a host of amenities including restaurants, shopping, leisure facilities and so much more. This 1,076 square foot bungalow features five bedrooms and two bathrooms. The kitchen has plenty of cabinetry and counterspace and is open to the dining area. Stainless steel appliances are included. On the main floor are three good sized bedrooms and a three piece bathroom. The living room has maple hardwood flooring and a large window providing plenty of natural light. The fully finished basement has the other two bedrooms and a three piece bathroom. The lower level family room is the perfect spot for games or movie night. Also in the basement, is a playroom, the laundry facilities and storage. The backyard is fully fenced and landscaped, the gazebo and play structure will stay. While there is no alley access, there is a single concrete drive at the front for off-street parking. This home is equipped with central air conditioning and humidifier.
 
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Welcome to #601 - 430 5th Avenue North, in City Park, Saskatoon, SK
 

Welcome to #601 - 430 5th Avenue North, in City Park, Saskatoon, SK

 
 
Welcome to #601 - 430 5th Avenue North, a spacious two bedroom condo with a gorgeous view of Kinsmen Park in the ‘Park Avenue’ building. Living in City Park allows you easy access to all the amenities of the downtown area, including retail and restaurants, as well as close proximity to the amazing Meewasin Valley trail system, City Hospital, Royal University Hospital and the University of Saskatchewan campus. This condo features a large primary bedroom with walk-in closet plus a second bedroom that could be easily used as an office or guest bedroom. Large windows provide tons of natural light and spectacular views of the park and river valley. A patio door takes you to an oversized balcony where you can enjoy your morning coffee. There is a good sized kitchen with newer white appliances included, as well as convenient in-suite laundry. Building amenities include a newer elevator, a heated pool and jetted spa, a rec room with pool table & shuffleboard, as well as his/her saunas. This condo includes one exclusive use surface stall. Come check out this great condo today!
 
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Welcome to 330 Kutz Court, in Arbor Creek, Saskatoon, SK
 


Welcome to 330 Kutz Court, in Arbor Creek, Saskatoon, SK

 

Welcome to 330 Kutz Court, a 2071 sqft former Dundee show home on a quiet Arbor Creek cul-de-sac. From this location, you’re close to parks and schools and all the amenities in both University Heights and Brighton, including restaurants, shopping, entertainment and much more. Entering the home, you’ll be dazzled by the spacious foyer and the great room that features over 400 square feet of space with 17 foot high ceilings and gleaming hardwood floors that continue throughout the main floor. There is a natural gas fireplace surrounded by built-in bookcases on either side. Large windows bring in tons of natural light. The kitchen has an abundance of white cabinets, granite countertops and stainless steel appliances, both the dishwasher and stove are newer. There is also a large butler’s pantry. A two piece bathroom and main floor laundry complete this floor. Upstairs, you will find three bedrooms, including the massive primary suite with walk-in closet and three piece ensuite. The fully finished basement provides you with more living space! A large family room, perfect for games or movie night, a four piece bathroom and two additional bedrooms. You’ll enjoy the private, fully fenced backyard complete with 12'x18' deck & a 12'x16' paving stone patio area. This is the perfect area to take advantage of our amazing Saskatchewan summers that will be here before you know it. The shingles were replaced in 2023, the furnace and water heater in 2016. This home is also equipped with central air conditioning, a new radon mitigation system (installed in 2023), central vacuum, and a fully insulated, heated double garage. Come take a look at 330 Kutz Court today, you’re sure to be impressed!

 
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Canadian Home Prices See Sudden End to Declines in Advance of Spring Market: CREA

The Canadian Real Estate Association (CREA) recently released national sales statistics for February 2024.

Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a streak of five declines that began last fall, according to the latest data from the Canadian Real Estate Association (CREA).

The fact that prices were unchanged from January to February was noteworthy given they had dropped 1.3% from December to January. Considering how stable the seasonally adjusted MLS® HPI tends to be, shifts this abrupt are exceedingly rare.“The market has been showing some early signs of life over the last couple of months, probably no surprise given how much pent-up demand is out there,” said Larry Cerqua, Chair of CREA. “There’s a consensus that the market will probably look quite a bit different this year compared to 2022 and 2023, so if you’re hoping to buy or sell a property in 2024, contact a REALTOR® in your area and get your game plan ready today,” continued Cerqua.

“It’s looking like February may end up being the last relatively uneventful month of the year as far as the 2024 housing story goes,” said Shaun Cathcart, CREA’s Senior Economist. “With so much demand having piled up on the sidelines, the story will likely be less about the exact timing of interest rate cuts and more about how many homes come up for sale this year.”

Highlights of this report:

  • National home sales dipped 3.1% month-over-month in February.

  • Actual (not seasonally adjusted) monthly activity came in 19.7% above February 2023.

  • The number of newly listed properties edged up 1.6% month-over-month.

  • The MLS® Home Price Index (HPI) was flat month-over-month and was up 0.8% year-over-year.

  • The actual (not seasonally adjusted) national average sale price posted a 3.5% year-over-year increase in February.

 Read the recently released national sales statistics for February of 2024.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

I’m always happy to answer your Saskatoon real estate questions.  Reach out by voice or text at 306-900-4161 or email me at norm at teamfisher.com

Norm Fisher

Royal LePage Saskatoon Real Estate


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Strong sales and rising demand push inventory to their lowest levels since February 2006:SRA

Saskatoon home sales exploded in February, climbing to 309, up 64 units from January and ahead by 56 units when compared to sales for the same month last year. This, despite continuing struggles with low inventory which reached their lowest levels for any February since 2006.

The number of single-family homes to trade hands grew to 178 for a monthly increase of 28 and an annual gain of 32. Meanwhile, condo sales took even larger gains as they grew by 35 units compared to last month to finish higher on an annual basis by 23.

The number of new listings to hit the Saskatoon market in February showed strong gains over January, which is typical, as 434 Saskatoon homeowners offered a residential property for sale on the MLS®, up from 364 the previous month. That’s also higher than last February’s listings, but only by eight.

Active listing inventory grew modestly from January when it was 687 to reach 710 by the end of February. That’s the lowest level for February since 2006.

As you can see on the Active Listings chart below, listing inventory falls lower steadily each year. We are just about to enter a period where new listings will be coming on the market, but I see nothing on the horizon that is going to contribute to higher levels of inventory in the short term, and 2024 will likely continue to see levels that fall below previous years. 

As governments wring their hands over “affordable housing” they continue to tax new housing at unsustainable levels and insist on immigration policies that are limiting housing opportunities for everyone. It doesn’t take a rocket scientist or a mathematician to see the massive imbalance here.

It’s going to get worse.

“Months of supply” fell from 2.6 to 2.3. Anything below a four-month supply is a seller’s market, which we are firmly in.

With such strong condo sales, the average price of a Saskatoon fell lower on the month by close to 19K, settling at $366,485 for an annual increase of roughly ten thousand dollars.

The impact of low supply and high demand can be clearly seen when we compare apples to apples and examine prices more closely by category.

The benchmark price of a single-family home in Saskatoon rose nearly $20,000 from last month to hit $436,900 reaching its highest point ever, up 24K from a year ago.

Townhomes saw a more modest gain monthly growing by just $1400 to $320,800 to claim an annual gain of $32,800. 

Apartment prices were up $7300 from last month as the benchmark price grew to $231,700 to finish higher on a year-over-year basis by more than $16,000.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

We’re always happy to answer your Saskatoon real estate questions. Click here to reach out.

TeamFisher, your Saskatoon real estate market specialists.

Royal LePage Saskatoon Real Estate


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Welcome to 101B Jackson Avenue in Aberdeen, SK
 


Welcome to 101B Jackson Avenue in Aberdeen, SK

 
 

Welcome to 101B Jackson Avenue, a 1460sq foot two-storey in the quaint little town of Aberdeen, just a 35 minute drive to Saskatoon’s city centre. Aberdeen is a small community and a beautiful place to call home, it’s close proximity to the city makes it a great choice for people who want all the benefits to rural living, but, close enough to have the conveniences of having the city nearby. Inside the home, the living room provides plenty of natural light and a view of gorgeous countryside, the perfect spot to watch our amazing Saskatchewan skies and the changing of the seasons. The large kitchen is open to the dining room and provides plenty of cabinetry, granite countertops, and stainless steel appliances. There is main floor laundry and a two piece bathroom that completes the floor. Upstairs, you’ll find the spacious primary bedroom with walk-in closet and four piece ensuite. There are two additional bedrooms, both with significantly sized closets and a four piece bathroom. In the mostly finished basement, there is a family room, a den and an additional bedroom. There is also a large utility room with extra storage and a plumbed-in bathroom. From the dining room, you’ll have direct access to the deck and backyard which offers a patio, a garden space and a shed. A concrete pad on the front of the house has enough space for two vehicles for off street parking. Experience the charm of small town living…come see this great home today!

 
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Canadian Home Sales Showing Signs of Recovery in January 2024: CREA

The Canadian Real Estate Association (CREA) recently released national sales statistics for January 2024.

Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association (CREA).

“Sales are up, market conditions have tightened quite a bit, and there has been anecdotal evidence of renewed competition among buyers; however, in areas where sales have shot up most over the last two months, prices are still trending lower. Taken together, these trends suggest a market that is starting to turn a corner but is still working through the weakness of the last two years,” said Shaun Cathcart, CREA’s Senior Economist.

“The market has been showing some early signs of life over the last couple of months, probably no surprise given how much pent-up demand is out there,” said Larry Cerqua, Chair of CREA. “There’s a consensus that the market will probably look quite a bit different this year compared to 2022 and 2023, so if you’re hoping to buy or sell a property in 2024, contact a REALTOR® in your area and get your game plan ready today,” continued Cerqua.

Highlights of this report:

  • National home sales were up 3.7% month-over-month in January

  • Actual (not seasonally adjusted) monthly activity came in 22% above January 2023.

  • The number of newly listed properties edged up 1.5% month-over-month.

  • The MLS® Home Price Index (HPI) fell by 1.2% month-over-month but was still up 0.4% year-over-year.

  • The actual (not seasonally adjusted) national average sale price posted a 7.6% year-over-year increase in January.

Read the recently released national sales statistics for January of 2024.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

I’m always happy to answer your Saskatoon real estate questions.  Reach out by voice or text at 306-900-4161 or email me at norm at teamfisher.com

Norm Fisher

Royal LePage Saskatoon Real Estate


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Canadian Home Sales See Unexpected Surge to Close Out 2023: CREA

The Canadian Real Estate Association (CREA) recently released national sales statistics for December of 2023.

Home sales activity recorded over Canadian MLS® Systems rose 8.7% between November and December 2023, putting it on par with some of last year’s relatively stronger months recorded over the spring and summer.

“While December did offer up a bit of a surprise in sales numbers to cap the year, the real test of the market’s resilience will be in the spring,” said Larry Cerqua, Chair of CREA. “There are only a couple of months left until that gets underway. If you’re looking to buy or sell a property in 2024, you’ll want a game plan, so contact a REALTOR® in your area today,” continued Cerqua.

“Was the December bounce in home sales the start of the expected recovery in Canadian housing markets? Probably not just yet,” said Shaun Cathcart, CREA’s Senior Economist. "It was more likely just some of the sellers and buyers that were holding onto unrealistic pricing expectations last fall finally coming together to get deals done before the end of the year. We’re still forecasting a recovery in housing demand in 2024, but we’ll have to wait a few more months to get a sense of what that ultimately looks like.”

Highlights from this report:

  • National home sales jumped 8.7% month-over-month in December.

  • Actual (not seasonally adjusted) monthly activity came in 3.7% above December 2022.

  • The number of newly listed properties dropped 5.1% month-over-month.

  • The MLS® Home Price Index (HPI) fell by 0.8% month-over-month but was still up 0.7% year-over-year.

  • The actual (not seasonally adjusted) national average sale price posted a 5.1% year-over-year increase in December.

Read the recently released national sales statistics for December of 2023.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

I’m always happy to answer your Saskatoon real estate questions.  Reach out by voice or text at 306-900-4161 or email me at norm at teamfisher.com

Norm Fisher

Royal LePage Saskatoon Real Estate


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Saskatoon home prices hit record highs for December 2023 by every measure: SRA

Saskatoon home sales continued to cook through December as local REALTORS® reported 230 firm sales to the multiple listing service®. That’s down from 314 in November, but up by 28 units compared to December of 2022, despite continuing struggle of low inventory.

All of the gains would be counted in the condo category. Sales grew to 85 this December, up from 58 for the same month last year.

Sales for the year came in at 2790, down one percent from 2022.

The number of new listings to hit the Saskatoon market in December showed some modest gains as they grew by 17 annually to reach 248, barely replacing what was sold.

The number of options available to Saskatoon home buyers slipped to just 691 by the close of December. That’s down by 126 from last month’s close, and lower annually by 179. This is the smallest number of active listings for December in more than 15 years. As you can see by the graph below, active listings just continue to fall lower as each year passes, even as our population grows.

“Months of supply” improved from 2.6 to 3.0 but that will change quickly as sales begin to grow, as they always do after bottoming out in December.

A total of 4,256 Saskatoon homes were listed on the MLS in 2023, down 17 percent from the previous year.

With strong sales over the back half of 2023, and weak new listing activity it’s no surprise that Saskatoon home prices reached new highs for December by every measure.

The average price of a Saskatoon home took a hefty upward bounce from November as it grew by a little less than eight thousand dollars to $373,422 to record an annual increase of just under 2K.

The Benchmark price of a single-family home slipped by just over 6K from last month to settle at $420,300. That’s higher than it was last December by just over $26,000.

The Benchmark price of a Saskatoon townhouse dipped $2700 from the previous month to $311,300 to record a significant annual gain of $20,300.

The Benchmark price of a Saskatoon apartment fell $5,000 from last month setting at $223,400, still higher from December of last year by $5800.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

We’re always happy to answer your Saskatoon real estate questions. Click here to reach out.

TeamFisher, your Saskatoon real estate market specialists.

Royal LePage Saskatoon Real Estate


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Six consecutive months of year-over-year sales gains for the Saskatoon real estate market, November 2023: SRA

Despite ongoing challenges related to low inventory and interest rates that remain at levels much higher than we’ve seen in years, the Saskatoon real estate market recorded its sixth consecutive month of year-over-year gains in November of 2023. A total of 314 residential properties changed hands, down from 382 in October, and up from 266 in November of 2022.

The gains were well distributed across the two major categories with 105 sales in the condo category, up from just 79 over the same month last year, and 190 single-family homes sales, up from 166 during the same month last year.

The number of new listings to hit the Saskatoon market in November fell lower from 518 in October to just 428 in November, which is ten units higher than November of last year.

Things continue to look pretty bleak in the inventory department.

After falling to their lowest levels since 2007 in October, options for Saskatoon home buyers just got worse in November. We finished the month with just 817 Saskatoon homes for sale, down from 899 at the close of October, and lower than last year by 159 units.

That left “months of supply” unchanged at 2.6.

Meanwhile, prices showed a little give in three of the four price measures we track, when compared to October numbers, while producing larger year-over-year gains.

The average price of a Saskatoon home slipped lower on a month-over-month basis by about 18K but was higher annually by $27,000.

The Benchmark price of a single-family home by $4300 from October to settle at $426,300. That’s higher than it was a year ago by $22,400.

The Benchmark price of a Saskatoon townhouse dipped $1800 from the previous month to $313,000 to record a significant annual gain of $23,900.

The Benchmark price of a Saskatoon apartment was the outlier as it continued to reach higher ground. It came in at $228,400 for the month, up five thousand from October, and up by $13,100 for the year.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

We’re always happy to answer your Saskatoon real estate questions. Click here to reach out.

TeamFisher, your Saskatoon real estate market specialists.

Royal LePage Saskatoon Real Estate


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Canadian Home Sellers Joining Buyers on the Sidelines in November 2023: CREA

The Canadian Real Estate Association (CREA) recently released national sales statistics for November of 2023.

Home sales recorded over Canadian MLS® Systems edged down by 0.9% from October to November 2023. It was the smallest decline since July.

"I wouldn’t expect anything too headline-grabbing from the resale housing market for the next few months," said Larry Cerqua, Chair of CREA. "That’s a good thing because a market that looks to be stabilizing in balanced territory increasingly suggests the soft-landing scenario. For information and guidance about buying or selling a property in this current market, or to get started on plans for the spring, contact a REALTOR® in your area," continued Cerqua.

"While it was clear from about August that a lot of buyers were probably going to head back to the sidelines until at least next spring, a surprising number of sellers nonetheless chose to try their luck this fall," said Shaun Cathcart, CREA’s Senior Economist. "Not getting offers they were willing to accept, it’s looking like many of them are also now resigned to hunker down until next year. It’s probably a good move given that recent expectations around interest rate cuts suggest it might be a somewhat more active spring market than we thought."

Highlights of this report:

  • National home sales edged back 0.9% month-over-month in November.

  • Actual (not seasonally adjusted) monthly activity came in 0.9% below November 2022.

  • The number of newly listed properties declined 1.8% month-over-month.

  • The MLS® Home Price Index (HPI) decreased 1.1% month-over-month but was still up 0.6% year-over-year.

  • The actual (not seasonally adjusted) national average sale price posted a 2% year-over-year increase in November.

  • Read the recently released national sales statistics for November of 2023.

Read also: CREA’s updated (October) Housing Market Forecast for 2023.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

I’m always happy to answer your Saskatoon real estate questions.  Reach out by voice or text at 306-900-4161 or email me at norm at teamfisher.com

Norm Fisher

Royal LePage Saskatoon Real Estate


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Canadian Home Sales See Downward Trend Continue in October 2023: CREA

The Canadian Real Estate Association (CREA) recently released national sales statistics for October of 2023.

Home sales recorded over Canadian MLS® Systems posted a 5.6% decline between September and October 2023. The sizable decline was the result of fewer sales in most of Canada’s largest markets.

“We’re only in November, but it appears many would-be home buyers have already gone into hibernation,” said Larry Cerqua, Chair of CREA. “The October numbers also revealed some sellers may be shelving their plans until next spring. That said, there are still a lot of people active in the market and looking to get deals done this year. If you’re looking for information and guidance about buying or selling a property in the current market, contact a REALTOR® in your area,” continued Cerqua.

“We know housing demand is extremely high all across the country, but October’s resale data was further confirmation that it probably won’t be manifesting itself in the existing home market for the remainder of this year and likely not until spring 2024 at the earliest,” said Shaun Cathcart, CREA’s Senior Economist. “The rebound in activity this past spring was an example of what we might see next year. It will really come down to whether the Bank of Canada has to increase interest rates again, or whether by next March it’s simply a matter of how soon we’ll see the Bank make its first cut.”

Highlights from this report:

  • National home sales fell 5.6% month-over-month in October.

  • Actual (not seasonally adjusted) monthly activity came in 0.9% above October 2022.

  • The number of newly listed properties declined 2.3% month-over-month.

  • The MLS® Home Price Index (HPI) decreased by 0.8% month-over-month but was still up 1.1% year-over-year.

  • The actual (not seasonally adjusted) national average sale price posted a 1.8% year-over-year increase in October. 

Read the recently released national sales statistics for October of 2023.

Read also: CREA’s updated (October) Housing Market Forecast for 2023.

Follow me on Facebook and Instagram to receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.

TeamFisher.com hosted over 520,000 user sessions last year and displayed more than three million pages to our visitors. If you have a Saskatoon area home you'd like to sell, we know how to get people looking at your home. Reach out to me directly to engage our team and learn about our processes.

I’m always happy to answer your Saskatoon real estate questions.  Reach out by voice or text at 306-900-4161 or email me at norm at teamfisher.com

Norm Fisher

Royal LePage Saskatoon Real Estate


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The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
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