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A closer look at the Saskatoon real estate statistics for July 2007

Posted on August 3, 2007 by Norm Fisher, Royal LePage Vidorra

Posted in Market News, Market News

The average selling price of a Saskatoon home fell marginally in July to $245,893 from $251,120 in June. The total number of single family homes and condominiums traded dropped to 411 units as compared to 452 in June, but still remained higher than the 308 units reported as sold last July.

Prices of Saskatoon houses took the greater hit falling from $262,145 in June to $253,446 in July and further narrowing the already small gap between the price of a Saskatoon house and a condo.

The average selling price of a Saskatoon condo decreased slightly from $221,958 in June to $221,495 in July.

It certainly feels good to begin to see prices stabilize some after many months of consecutive growth. It remains to be seen if this is temporary or if we can expect this trend to continue.

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.

Norm Fisher Royal LePage Vidorra

Norm Fisher, TeamFisher

About Norm

Licensed in 1993, Norm brings a wealth of experience to TeamFisher. He has worked in every imaginable capacity including sales agent, office manager, team leader, broker and now, broker/owner. Norm has written a weekly review of the Saskatoon real estate market for more than 750 consecutive weeks which may make him the most consistent industry blogger in the world.Less...

Licensed in 1993, Norm brings a wealth of experience to TeamFisher. He has worked in every imaginable capacity including sales agent, office manager, team leader, broker and now, broker/owner. Norm has written a weekly review of the Saskatoon real estate market for more than 750 consecutive weeks which may make him the most consistent industry blogger in the world.

Norm is known for his passion for technology and can most often be found exploring and experimenting with the next big thing in real estate marketing. He was the first Saskatoon real estate agent to promote a home online and has been an early adopter of new technologies ever since. “Everything about this business has changed over the past 20 years, and it will happen again in the next ten. An open mind and a curious attitude are all that’s needed to continue to find new ways to serve our clients by delivering a faster, smoother, worry-free transaction,” says Norm.

In his spare time, Norm enjoys Crossfit and cycling, some years accumulating over 2,000 kilometres on the road. He’s a strong supporter of the Royal LePage Shelter Foundation and enjoys raising funds by joining fun, fitness-related initiatives like the Grouse Grind for Shelter. In 2015, he trekked the Peruvian Andes to Machu Picchu. In 2017 he walked the southern highlands of Iceland across mountains, sand, snow, ice, lava fields and forest for seven days. Collectively those initiatives raised over a million dollars for Canadian women's shelters.

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.

Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.

MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.

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