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A five year statistical history of Saskatoon's residential real estate market

There's little doubt that the end of the year is an appropriate time to look ahead when it comes to personal and professional goals and resolutions. Try as we will, that's a little trickier when it comes to markets and over the past few years we've seen the real estate market perform against popular expectations, sometimes in spite of significant efforts to cool it. I'm not going to venture many guesses as to where things are going in the short term, but as you know, I'm always interested in looking back to see what has actually transpired over time. With that, I present for your review, a five-year history of Saskatoon's residential real estate market.


The next two charts show all activity in the residential category of the Saskatoon Multiple Listing Service. The numbers include single-family homes (houses), condominiums, duplexes, semi-detached dwellings, vacant lots and even mobile homes. These are the numbers that are commonly used when you hear the media and the Saskatoon Region Association of Realtors quote numbers on our market.



The next two charts show the same statistics for single-family homes. Generally, these are the numbers that are used when people are talking specifically about detached houses.



The final two charts provide the same statistics for the condominium categories. Included in these numbers would be units commonly known as apartment style condos and attached townhouse (row house) dwellings.

Any surprises?


I’m always happy to answer your Saskatoon real estate questions. All of my contact info is here. Please feel free to call of email me.


Norm Fisher
Royal LePage Vidorra

Norm Fisher, Author of the TeamFisher Saskatoon Real Estate Blog

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 650 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 650 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.
 

Note: We are in the process of bringing this blog home to the TeamFisher.com domain and we have a lot of stuff to move! Another 700 posts can be found at normfisher.com where they'll remain until we can get them moved here.

The Saskatoon Region Association of REALTORS® (SRAR) IDX Reciprocity listings are displayed in accordance with SRAR's MLS® Data Access Agreement and are copyright of the Saskatoon Region Association of REALTORS®.
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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