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Welcome to 616 32nd Street West in Caswell Hill, Saskatoon

Welcome to 616 32nd Street West in Caswell Hill, Saskatoon

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Embark on your homeownership journey with this charming bungalow at 616 32nd Street West in the inviting neighbourhood of Caswell Hill, Saskatoon. Perfectly poised for first-time buyers, savvy investors or growing families, this property offers four bedrooms, two bathrooms and a wealth of opportunity to infuse your personal style into a place you can call home. While this solid 864 square foot residence may show signs of yesteryear, it is bursting with potential. With its open-concept main floor, you'll discover a spacious living area that seamlessly flows into a large kitchen adorned with ample cabinets and storage solutions, perfect for family feasts or entertaining guests. The main level also boasts three well-appointed bedrooms alongside a four-piece bathroom, complete with numerous built-in features throughout. Venture downstairs to find a generously sized basement, complete with a bedroom, another four-piece bathroom and a space that's ripe for conversion into a kitchenette – ideal for guests or for crafting a rental suite, thanks to its separate entry. The potential for additional revenue here is as clear as day! Outside, the property benefits from a fully fenced backyard, single detached, heated garage and the sheer convenience of being situated across the street from the delightful Mayfair Pool. Families will appreciate the proximity to both Mayfair and Caswell elementary schools, as well as the serene Ashworth Holmes Park. The vibrant heart of downtown Saskatoon is just a stone's throw away, as are Sask Polytechnic, grocery store, restaurants, shopping and convenient bus routes, making this location as practical as it is appealing. Don't miss the chance to make 616 32nd Street West the canvas for your future; a place where memories will be made, laughter will echo, and dreams will take root.

 

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Welcome to 826 Budz Crescent in Arbor Creek, Saskatoon

Welcome to 826 Budz Crescent in Arbor Creek, Saskatoon

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 Introducing a superb opportunity at 826 Budz Crescent, nestled in the heart of Arbor Creek, an area renowned for its community vibe and family-friendly amenities. This impressive property presents an ideal offering for families, savvy investors or those seeking the potential for rental income. This fully developed 1,271 square foot bilevel home is a haven of space and comfort. A bright living room flows effortlessly into the dining area, while the skylight above the front entrance bathes the space in natural light. The kitchen overlooks the backyard, is a chef's delight with a corner pantry and all the essential appliances included. The master bedroom boasts a walk-in closet and an exclusive 3-piece ensuite. Two additional bedrooms and a four-piece main bathroom complete the family-centric layout of the first floor. The lower level reveals a self-contained one bedroom suite with a spacious living area, a three-piece bath, a nice sized kitchen with three appliances and its own laundry room equipped with a washer/dryer and offers a perfect setup for rental income or extended family living. This non-conforming suite has a separate air exchanger, electric baseboard heater and its own electrical meter. Also in the lower level is another bedroom and a utility room with a washer and dryer for the upstairs main living area. The property also benefits from a double attached garage and a double driveway for additional parking convenience. Step outside to the deck and patio area and the large fully fenced backyard, complete with an underground sprinkler system. Located in a prime spot, the house is within easy reach of Father Robinson and Dr. John J. Egnatoff elementary schools, numerous parks, and has seamless access to nearby shopping, restaurants and surrounding neighbourhoods. This residence is a true gem in Saskatoon's real estate market and is poised to be the perfect place to call home.

 

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Saskatoon home sales show seasonal declines and inventory grows in August 2024: SRA

Saskatoon home sales took a downward dip in August falling by 63 units when compared to July’s impressive numbers. When the dust settled at the close of the month, 457 residential properties had changed hands, down a substantial 13 percent from the same month last year. Home sales for the local area remain higher on an annual basis by five percent.

Sales in the single-family homes category fell from 309 last August to 258 while the number of condos to sell slipped lower from 189 last year to 163.

For the second consecutive month, the number of new listings added to the MLS® grew, which is somewhat unusual at this time of the year. Saskatoon real estate agents added 719 residential properties to the database, up just a touch from 711 in July, and higher by 61 when compared to the new listings numbers from August of last year.

Softening sales and stronger new listings allowed the inventory of active listings on the multiple listing service® to grow to its highest point since September of last year. As the month drew to a close, there were 914 Saskatoon homes for sale, up 80 units from July, but lower than it was last year at this time when there were 1000 options for local buyers.

Months of supply grew from 1.6 last month to 2.0 In August, which while improved is still very firmly in seller’s market territory. Again, supply levels of less than four months signal a seller’s market. A supply of four to six months is considered balanced. A supply larger than six months would be a buyer’s market.

After reaching a new record high in July which led to a swift upward spike on our graph, the average sale price of a Saskatoon home headed lower and reported its lowest number since early this year at $389,684. This particular measure can tend to be a bit all over the place. Over time, it can trend one way or the other, but the sale of a handful of luxury homes can skew it higher, just as an absence can skew it lower.

The benchmark price of a single-family home as recorded on the MLS® Home Price Index saw a softer downward shift as it came down $3300 from last month to settle at $463,400 to take a ten percent annual increase.

Townhomes continued to move higher reaching $334,500 for a monthly increase of $2000 and an annual gain of ten percent.

Once again, apartment prices grew the most picking up $6100 from last month to reach $242,900 and claim an annual increase of 14 percent.

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.

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

TeamFisher, your Saskatoon real estate market specialist.

Royal LePage Saskatoon Real Estate


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Fledgling Canadian Housing Market Momentum Hits Pause in July of 2024: CREA

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

While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a pause in July.

 “With another rate cut announced on July 24, we’ve now seen two rate cuts in a row, and the expected pace of future policy easing has steepened considerably, with markets now anticipating rate cuts at every remaining Bank of Canada decision this year,” said Shaun Cathcart, CREA’s Senior Economist. “Combine that with a record amount of demand waiting in the wings, and the forecast for a rekindling of Canadian housing activity going into 2025 has just gone from a layup to a slam dunk.”

Highlights of this report:

•              National home sales edged back 0.7% month-over-month in July.

•              Actual (not seasonally adjusted) monthly activity came in 4.8% above July 2023.

•              The number of newly listed properties ticked up 0.9% month-over-month.

•              The MLS® Home Price Index (HPI) edged up 0.2% month-over-month but was down 3.9% year-over-year.

•              The actual (not seasonally adjusted) national average sale price was almost unchanged (-0.2%) on a year-over-year basis in July.

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

UPDATED IN JUNE - Read also: CREA’s Residential Market Forecast.

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 continue to move higher in the face of low inventory in July 2024: SRA

On the heels of a rare month that failed to produce annual gains,  the Saskatoon real estate market regained whatever momentum had been lost as we moved through July. Saskatoon REALTORS® reported 520 homes sold to the multiple listing service®, down 20 units from June, to beat last July’s numbers by almost five percent. As the month closed, sales were up 8.4 percent annually.

The single-family homes category slipped from 309 sales in June to 298 in July. That’s higher by 11 units compared to sales for the same month in 2023. Condo sales fell lower from 203 to 189 monthly, growing by 12 over last July’s numbers.

After a soft showing in June, new listing activity grew in July, which is a bit unusual but we’ll take it!

706 residential listings were added to the MLS®, an increase of 38 from June, and matching numbers produced last July.

Active listing inventory remained stable and at the end of the month, buyers had 834 listed properties from which to choose, 28 percent fewer options than could be found a year ago.

Months of supply grew modestly from 1.5 last month to 1.6 as July closed. Again, supply levels of less than four months signal a seller’s market.

Once again, the average price of a Saskatoon home pushed to a new high this month reaching $411,400, an increase of nearly 10K compared to June, and up ten percent annually.

The benchmark price of a single-family home in Saskatoon grew by about $3500 from last month to hit $466,700 to establish a new all-time high, up eight percent from a year earlier.

Townhouse prices picked up nearly $7k from last month to close July at $332,500 and claim an annual increase of 11 percent.

Apartment prices remained stable from last month at $237,800 and also grew annually by 11 percent.

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.

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 Housing Activity Picks up in June of 2024: CREA

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

Activity in Canada’s housing market saw some early signs of renewed life in June 2024, following the Bank of Canada’s interest rate cut at the beginning of the month.

“It wasn’t a ‘blow the doors off’ month by any means, but Canada’s housing numbers did perk up a bit on a month-over-month basis in June following the first Bank of Canada rate cut,” said Shaun Cathcart, CREA’s Senior Economist. “Year-over-year comparisons don’t look great mainly because of how many buyers were still jumping into the market last spring, but that’s a story about last year. What’s happening right now is that sales were up from May to June, market conditions tightened for the first time this year, and prices nationally ticked higher for the first time in 11 months.”

Highlights of this report:

• National home sales climbed 3.7% month-over-month in June.

• Actual (not seasonally adjusted) monthly activity came in 9.4% below June 2023.

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

• The MLS® Home Price Index (HPI) edged up 0.1% month-over-month but was down 3.4% year-over-year.

• The actual (not seasonally adjusted) national average sale price posted a 1.6% year-over-year decrease in June. Read the recently released national sales statistics for June of 2024.

UPDATED - Read also: CREA’s Residential Market Forecast.

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 reach new highs in June 2024: SRA

The Saskatoon real estate market lost some of the strong momentum it’s been showing all year during June, as just 540 homes traded hands through the multiple listing service®. That does match sales for last June, but most months this year have shown solid year-over-year growth. Still, that was enough to close the first half of the year with year-to-date sales gains of 9.2 percent.

The single-family homes category held its own with 309 sales, down one from last June, while condo sales grew from 294 last year to 304 this June.

The remaining categories (lots, semi-detached, duplexes, etc.) lost a handful of sales to bring even the totals for the two successive Junes.

After showing promising growth for two consecutive months, new listing activity slowed falling more than 15 percent compared to last June to 668 homes. That’s about 25 percent below the ten-year average, but higher annually by 3.2 percent.

After reaching peak numbers in May, the inventory of Saskatoon homes for sale began to decline. We finished June with 834 active listings on the MLS®, down 43 from the previous month’s close, and down 228 from the same time last year.

Months of supply were steady at just 1.5 as the month closed. Again, supply levels of less than four months signal a seller’s market.

The average price of a Saskatoon home grew to a new all-time high this month reaching $401,949. That’s up from $397,200 at the close of May, and higher than it was at the end of June last year by 3.3 percent.

The benchmark price of a single-family home in Saskatoon rose by $7600 from last month to hit $462,500 to establish a new all-time high, up eight percent from a year earlier.

After a modest dip in May, townhomes came back from $325,600 at the close of May to $329,500, holding on the a ten percent year-over-year gain.

Apartments also recovered from a bit of a slide in May growing by $3500 to reach $237,800 and claiming a 14 percent annual gain.

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.

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 2702 33rd Street West in Westview Heights, Saskatoon, SK

Welcome to 2702 33rd Street West in Westview Heights, Saskatoon, SK

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Welcome to 2702 33rd Street West, a Westview 3 bedroom bungalow, where you’re close to parks, schools, and plenty of other amenities, including shopping, restaurants and easy access to Circle Drive. The bright living room has plenty of natural light where you can enjoy a night of watching your favourite programs. A pass-through window opens the living room up to the spacious kitchen, there’s plenty of cabinetry and includes the appliances. Off the kitchen, there are patio doors to a fully fenced, well landscaped backyard with a large deck, it’s the perfect spot for morning coffees or family gatherings. Also on the main floor are three good sized bedrooms and a four piece bathroom. There is laminate flooring throughout the main floor with the exception of the bathroom and the tiled kitchen. The laundry room and utility room are in the lower level. The basement is insulated and ready for completion. This home would be perfect for someone wanting to get into home ownership, those wanting to downsize or even those who would like to use this home as a revenue property. Come take a look at it today!

 

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Canadian Housing Activity Sees Another Quiet Month in May of 2024: CREA

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

While May was another relatively uneventful month for many Canadian housing markets with national month-over-month home sales edging slightly lower and new listings moving only a little higher, the Bank of Canada’s recentrate drop will likely lead to increased activity moving forward.

“May was another sleepy month for housing activity in Canada, although it may prove to be the last of those now that interest rates have moved lower,” said Shaun Cathcart, CREA’s Senior Economist. “The Bank of Canada’s June 5 rate cut may have only been 25 basis points, but the psychological effect for many who have been sitting on the sidelines was no doubt huge. The question now turns to further rate cuts – specifically, how fast, and how far?”

Highlights:

• National home sales edged back 0.6% month-over-month in May.

• Actual (not seasonally adjusted) monthly activity came in 5.9% below May 2023.

• The number of newly listed properties ticked up 0.5% month-over-month.

• The MLS® Home Price Index (HPI) dipped 0.2% month-over-month and was down 2.4% year-over-year.

• The actual (not seasonally adjusted) national average sale price posted a 4% year-over-year decrease in May.

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

Read also: CREA’s Residential Market Forecast.

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 sales remain strong as inventory sits at its lowest point since 2008: SRA

It was another exceptionally strong sales month despite continuing inventory challenges. Saskatoon REALTORS® reported 587 residential sales to top production last May by seven percent, and beating the average sales for the past five years by 20 percent.

Buyers are challenged to act quickly, or someone else will so there’s no time to waste, and even when you do put the pedal to the metal, you’re likely to encounter competitive bids, at least on the shiny polished listings that are priced realistically.

As is typical, detached homes accounted for a large chunk of total sales with 330 trades, up 36 from last week, and ten more than last May. Meanwhile, 207 condos changed hands, up 32 from April, and ahead of last May by 20 units.

Over the month, 799 Saskatoon home owners listed a property for sale. That’s 71 more than last month, and it tops last May’s listing numbers by 34.

With that, active listing inventory did manage to grow by about 43 units from last month’s close, to reach 878 but finished 16 percent lower on an annual basis and 50 percent below the ten-year average. The high watermark for active listings in May over the past six seasons is 2019 when 1944 residential listings were available to buyers.

Months of supply fell again from 1.6 at the end of April to 1.5 at the close of May. Again, supply levels of less than four months signal a seller’s market.

The average price of a Saskatoon home grew from $394,232 lat month to $397,200 when the dust settled in May.

The benchmark price of a single-family home in Saskatoon rose nearly $5,300 from last month to hit $455,000 to establish a new all-time high, up seven percent from a year earlier.

Townhomes saw a more modest dip as they fell from $329,200 last month to $325,600 at the close of May, but handily gained ten percent year-over-year.

Apartments came down $4400 from last month to leave the benchmark price at $234,600 for an annual price increase of 15 percent.

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.

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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Home Buyers Remain Cautious Amid Increasing Spring Listings: CREA

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

Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market.

Home sales activity recorded over Canadian MLS® Systems fell 1.7% between March and April 2024, coming in a little below the average of the last 10 years. 

“April 2023 was characterized by a surge of buyers re-entering a market with new listings at 20-year lows, whereas this spring thus far has been the opposite, with a healthier number of properties to choose from but less enthusiasm on the demand side,” said Shaun Cathcart, CREA’s Senior Economist.

Highlights of this report:

• National home sales declined 1.7% month-over-month in April.

• Actual (not seasonally adjusted) monthly activity came in 10.1% above April 2023.

• The number of newly listed properties rose 2.8% month-over-month.

• The MLS® Home Price Index (HPI) was unchanged month-over-month but dipped 0.9% year-over-year.

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

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

Read also: CREA’s Residential Market Forecast.

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 low supply push active Saskatoon real estate listings to their lowest levels since 2008 in April 2024

Fueled by a surge in new listing activity, and after a lukewarm March, sales bounced back with a vengeance as 522 Saskatoon homes were sold through the multiple listing service® in April. That’s up a remarkable 29 percent compared to April of 2023 and tops the 10-year average number of sales for the month by 34 percent. Spring has sprung and the market is off to the races.

Frenzied buyer activity is again the norm as many homes attract multiple offers, often above the asking price.

The number of single-family homes to trade hands grew to 98 for a monthly increase of 79. Meanwhile, condo sales took even larger gains as they were up by 65 units compared to last month to finish higher at 188 units.

New residential listing activity took a welcome spike as 728 Saskatoon home owners listed their property for sale, up from 540 last month. That marks an 8.8 percent increase over last April when just 669 homes were offered for sale.

The number of active Saskatoon real estate listings on the MLS system grew to 835, up from 765 a month earlier. At this time last year, there were 1034 Saskatoon homes for sale.

Months of supply fell again dropping from 2.1 in March to 1.6 at the end of April. Again, supply levels 0f less than four months signal a seller’s market.

You may recall that the average price of a Saskatoon home took a rather wild bounce last month, due to a skewing in the market toward higher-priced sales. That measure headed lower in April falling close to 8K to settle at $394,232.

The benchmark price of a single-family home in Saskatoon rose nearly $5,200 from last month to hit $449,700 reaching its highest point ever, up seven percent from a year ago.

Townhomes saw a more modest gain monthly growing by $3700 from last month and reaching $329,200 to grow by ten percent annually.

Apartments saw the largest annual gains as the benchmark prices grew four thousand dollars from last month to reach $243,000 claiming a 13 percent increase from April of last 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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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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MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.