Note: The graphics in this post were updated on September 13, 2008 to reflect the final sale numbers as reported by agents for August, 2007. The graphics show the final figures while the commentary reflects the statistics as they had been reported as of the date of the original post.
The average selling price of a Saskatoon home took a substantial jump in August, recovering all which appeared to be lost in July, and then some. The average selling price of houses and condos combined climbed to $258,508 from $245,893 in July. Total unit sales dropped to 361 from 411 the previous month.
Prices of Saskatoon houses saw the larger increase when compared to condos with the average rising to $270,726 from $253,446 in July. The total number of houses sold dropped to 252 from 315 the previous month.
The average selling price of a Saskatoon condo also increased from $221,495 last month, to a new high of 230,260. The number of units sold increased to 109 from 96 in July.
I’m always happy to answer your Saskatoon real estate questions.
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Norm Fisher Royal LePage Vidorra