Saskatoon real estate: Week in review (March 19-23 2007)
A full 53% of all residential sales reported to the Saskatoon real estate board for the week of March 19-23 sold above the asking price, with an average over bid of $14,456.
Once again, average selling prices exceeded average asking prices in all major Saskatoon real estate districts, except area 4, where the average selling price was just about $250 below list.
Total active listing of Saskatoon single family homes and condos were at 234 units at the close of the week, about the same number as last week.
Some of the more notable sales include the following:
- 1,080 square foot East College Park bungalow sells $41,000 over list at $245,000.
- 1,040 square foot town home in Erindale listed at $219,900 sells for $245,000.
- 867 square foot condo in Lakeview listed at $107,900 sells at $140,000.
- It’s kind of sad when the $20,000 over bids no longer make the “notable” list.
See a Google map displaying the boundaries of Saskatoon real estate “areas” here
Data collection and calculation for our statistical reports
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.
Follow our daily updates on Twitter @SaskatoonHomes.
Norm Fisher
Royal LePage Saskatoon Real Estate
4 comments so far. We'd love to hear your thoughts.
April 3rd, 2009 at 4:02 PM
Norm, I just wanted to stop by and dish out a well deserved compliment on your blog. P2 hasn’t given us a lot of functionality with these blogs, and you’ve done a stupendous job. It looks just great!
April 3rd, 2009 at 4:03 PM
Thanks Lisa. That’s very kind. I hear that Community Server, the company that provides the Point2 blog platform is going to release an upgrade soon. It will be interesting to see what they add. Thanks again for stopping.
April 3rd, 2009 at 4:03 PM
I just purchased a home (haven’t taken possession yet) but still find myself checking in with your blog to keep up to date on the market in S’toon. I agree with Lisa above that you do a very good job on here. Even if you don’t get a lot of comments, hope you know many people do read it. I especially like seeing the weekly stats on the different areas in S’toon of what homes were listed at and sold for.
April 3rd, 2009 at 4:04 PM
Carrie, thanks again. I appreciate your visits. I think some people feel uncomfortable stepping forward and posting a comment but I also get a lot of email and requests for assistance from it. I have been quite amazed at how the blog has changed my business. Last March 3,163 visitors viewed 8,618 pages on my site. This March 12,472 people viewed 132,082 pages! I really enjoy writing it. I just wish I could find a little more time for it, but as you know, this market doesn’t wait for anyone. Again, thanks for checking in on me and best wishes for many happy years in your new home.