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

Note: The graphics in this post were updated on December 5, 2008 to reflect the final sale numbers as reported by agents for November, 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 number of single-family detached houses and condominiums which were sold in November was up slightly from 270 units in October, to 281 in November. Unit sales increased by 36% compared to November 2006 when just 207 houses and condos traded hands.

Average sale prices for Saskatoon homes settled in at $257,915, up just a couple of hundred dollars from October, but 57% higher than you might have paid a year ago when the average came in at just $164,103.

The average selling time was up by four days from 22 last month.

The average selling price of a Saskatoon house took a bit of a dip from $268,724 in October to $261,233 in November but was up sharply from $165,971 in November of 2006. Total units sales came in at 212 compared to 160 last year.

Never ceasing to surprise, Saskatoon condos saw a fairly large jump in the average selling price from $223,259 in October to $247,721 in November. Last year at this time, the average selling price of a Saskatoon condo was $157,744.

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


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