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For the fourth week in a row, Saskatoon homes sales remained below 100 units. Local real estate agents reported 74 homes sold, down from 95 last week but higher than sales generated over the same week last year by 15 units. This is the 25th consecutive week in which sales met or exceeded those recorded during the same week the previous year. We are closing in on a six month run of exceptionally strong sales numbers.


New listings remained stable at 83. That’s up just one from the previous week, and also up from the same period last year when just 74 Saskatoon homes were listed for sale.


Saskatoon residential MLS sales and and new listings for the week of November 21-27 2020



Active MLS® listings continued to fall lower, which is all but guaranteed for this time of year. As of this morning, we are sitting at 1176 active listings, down 37 from last week’s close, and further down from 1530 a year ago. Once again, this is the smallest number of active listings we’ve had at any point since late 2014.


Included in the inventory, you’ll find 515 condominium properties, down from 534 a year ago, and just 592 single-family homes, down from 919 at this time last year.


Let’s have a quick look at how sales (demand) and listings (supply) are playing out.


Sales over the past 30 days fell lower as has been the case fairly consistently since late July. During the most recent 30 day period, sales are at 365 (down from 391 last week).


1176 active listings / 365 sales = 3.2 months of supply.


That represents a modest improvement from last week when it had slipped lower to 3.1 months. This level is very clearly seller’s market territory suggesting continuing challenges for buyers to locate property and some measure of clout for sellers at the negotiating table, especially in single-family homes priced $100,000 on either side of the average price.


Active Saskatoon real estate listing on the MLS at November 28, 2020



With twice as much sales activity below $200,000 than there was above $500,000, both the weekly median price and the weekly average remained lower than what has been typical. They came in at $316,000 and $322,175 respectively.


The six-week average price slipped lower for the fourth consecutive week to settle at $335,200. That number is lower than last week by two thousand dollars, but higher than the same week last year by just two hundred dollars. That’s the lowest point this measure has reached since May of 2020 when the market was seriously impacted by the first COVID wave.


The four-week median price has been trending lower fairly aggressively since it peaked in early October at $345,000. It came in at $310,550 this week, which is down $8400 from last week, and lower than it was a year earlier for the second week in a row. It’s lower on an annual basis by more than 14K.


It’s not unusual for prices to slip lower as demand softens some and we head into December, our consistently slowest month of the year.


There is no question that entry-level sales are capturing a larger share of the market than they were a year ago, impacting both average and median prices. 


There have been 111 sales of homes of 1000 square feet or less in the past 30 days. Compare that to November of last year when the same parameters showed just 57 sales. 


For the first 11 months of the year, this type of home has recorded annual sales gains in the range of 22 percent (about four percent better than the broader market). In the past 30 days, these homes are up 95 percent from the same period last year. 


Average and median prices for Saskatoon homes sold November 21-28 2020



Once again, three Saskatoon home sellers found a buyer willing to pay them more than their list price by an average of $2,733. Buyers still found sellers willing to negotiate as 61 of the week’s 73 deals closed below list price and netted those buyers an average discount of $10,043.


Here is a breakdown of what the sales to listing price ratio looked like on this week’s sales. Please note that this chart may show over list price sales, even when I have reported the number as 0. Those sales are typically new properties that spent some period of time on the market, and most likely sold and included additional improvements that were not reflected in the original list price. For example, a new home listed at $450,000 sells at a price of $490,000 after 120 days on the market may have included a basement development that was not anticipated in the listing price. We report these to you as “at list price sales”, which is likely too generous in some cases, but it’s simply not practical to obtain the full details of each sale.


Sale price to list price ratios for Saskatoon homes sold through the MLS the week of November 21-27, 2020


More weekly stats and numbers for those who love them. 


Saskatoon real estate statistics for MLS home sales from November 21-27, 2020



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 345,000 user sessions in the past year and displayed more than 2.9 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 306-241-6676 or email me at norm at teamfisher.com


Norm Fisher

Royal LePage Vidorra


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Saskatoon home sales fell below 100 units for the third consecutive week, where they will likely remain through the balance of the year. Local real estate agents reported 95 firm residential sales, up nearly 20 from the previous week to beat sales for the same period last year by 36. This marks the 24th consecutive week in which sales met or exceeded those reported over the same week last year.


Year-to-date, sales are now at 3893, up 17 percent from 2019 when just 3332 homes had traded by this time of the year.


Meanwhile, new listings came in at 82 this week to match numbers generated last week. Over the same period last year, 114 Saskatoon homes were listed for sale on the MLS®.


Saskatoon residential MLS sales and and new listings for the week of November 14-20, 2020



The inventory of active listings fell to its lowest point for any week since the final week of 2014. At the close of business Friday, home buyers could find just 1213 MLS® listings in the database. That represents a drop of 67 units compared to last week’s close, and a decline of 367 units compared to levels recorded at the close of the same week last year.


Today’s home buyers have just 625 single-family homes to choose from. That is down 35 percent from a year ago when 960 detached single-family homes appeared as “active” on the multiple listing service®. The condo category sits at 516, down from 541 a year ago.


Sales over the previous 30 days fell to their lowest point in months at 391. Still, falling demand did little to help the “months of inventory” measure which managed to fall from 3.2 last week to 3.1 today. It looks like inventory will continue to be a struggle over the winter months.


Active Saskatoon real estate listing on the MLS at November 21, 2020



Brisk activity in price categories below the quarter-million-dollar mark pushed the weekly median price down by more than 30K. It sits at $296,800 for the week. In spite of an impressive number of sales above $500,000, the average price for the week fell lower by more than 20K to $324,616.


Looking at the longer-term measures, the six-week average took its third consecutive weekly decline to $337,289. That’s down a bit more than six thousand dollars from last week, and up just $4,500 from a year ago, which is the smallest annual gain since the mid-point of 2020. The four-week median price fell lower for the sixth consecutive week and settled at $318,950. This measure is down five thousand dollars from last week to $318,950. That’s down just over a thousand dollars from the same week last year, and the first time we’ve seen an annual decline since late June.


Average and median prices for Saskatoon homes sold November 14-20, 2020


This week, just three sellers managed to create a bidding war that resulted in a sale for more than the asking price. Those three trades paid the seller an average bonus of $3,667. Meanwhile, 86 of the week’s 95 sales reported a price below the list price. The average discount was $11,082.


Here is a breakdown of what the sales to listing price ratio looked like on this week’s sales. Please note that this chart may show over list price sales, even when I have reported the number as 0. Those sales are typically new properties that spent some period of time on the market, and most likely sold and included additional improvements that were not reflected in the original list price. For example, a new home listed at $450,000 sells at a price of $490,000 after 120 days on the market may have included a basement development that was not anticipated in the listing price. We report these to you as “at list price sales”, which is likely too generous in some cases, but it’s simply not practical to obtain the full details of each sale.


Sale price to list price ratios for Saskatoon homes sold through the MLS the week of November 14-20, 2020


More weekly stats and numbers for those who love them. 


Saskatoon real estate sales and listing stats for the week of November 14-20, 2020



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 nearly over 330,000 user sessions in the past year and displayed more than 2.8 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 306-241-6676 or email me at norm at teamfisher.com


Norm Fisher

Royal LePage Vidorra


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Becky and I had an AirBNB request from someone interested in booking our property for a birthday party. We said, “no thanks.” This doesn’t seem like a good time to entertain.


If you’re selling your home, you may have concerns about hosting showings. This is understandable. You’re inviting unknown people into your space and you never know what they’re bringing with them.


That said, understand that as the home owner you get to set the terms of home showings and you should ensure that you make your wishes known.


Today’s video details a handful of things that you may want to consider to reduce the risk of exposure  that comes with hosting physical viewings.


✅ Be sure to select an agent that uses tools that can help qualify buyers during their first viewing, the one that happens online. Professional images, 3D tours and rich descriptions will go a long way in helping buyers decide if the home meets their needs.

✅ You can require masks and hand sanitizer use

✅ You can limit the number of people who can attend a showing. 

✅ You can ask that all buyers answer a COVID questionnaire before they visit.

✅ You can ask that only the REALTOR® touch in the home.

✅ Turn on all lights and request that switches not be turned off. 

✅ Leave closet doors open.


I loved this idea that I encountered last week. Cut sticky notes into strips and ask that one be placed anywhere that the home was touched.


Happy selling!


 




Transcript

With COVID numbers on the rise, I thought it would be a good time to recap some of the simple things that buyers and sellers can do, to reduce the risk of exposure, if they find themselves in a position where they have to buy or sell a home, at this time.


Yesterday I presented seven great tips for buyers. Those are available on my blog now at teamfisher.com/blog. And this edition is for sellers.


Home sellers, I want to remind you that every single first showing of your home will happen online, so the more information that is available for buyers there, and the richer the digital media that's available, the better chance that your home showings are going be highly qualified.


I was really surprised to learn recently, that fewer than 20% of the homes on realtor.ca, have a 3D tour on them. And I think that this is something that's just so important right now. TeamFisher provides professional photos and a 3D tour for every home we list, regardless of its value. And this is something that you might consider insisting on yourself.


Now, if you want to get offers on your property, you're going to have to have it shown. You know, the odds of getting a sight unseen offer, are very small. But there's a number of things that you can do there and you should remember first of all, that as the home owner, you have every right to set the terms for the showing. You can say how you expect it to go down.


So some simple things that I might recommend to you would be A, all of the buyers that view your home, complete a COVID questionnaire, that's available to realtors, through our real estate association. You know, all the basic questions about travel and potential exposure.


Secondly, you can insist that anybody that views your home wears a mask and sanitizes their hands before they enter the property.


Thirdly, you could limit the number of people that are allowed to view the home at any one time. I would say two people, plus the agent is more than reasonable at this time.


Leave doors opened and lights on throughout the property, so that you can reduce the need to touch and open things. And perhaps even specify that one person will handle all of the touching and opening. So the realtor can walk the client through and if something needs to be opened, they can open those doors and close those doors, with their cleanly sanitized hands.


I showed a property last week, and I thought the seller there had a great idea. She had taken sticky notes and cut them into slivers basically, and left them at the door and asked if you touched anything when you were on your way through if you could please just apply a sticky note to that spot. So that she would know where to concentrate her efforts when she got home and wanted to clean up a bit.


Finally, keep some Lysol wipes around and touch up those obvious spaces. The flat surfaces, light switches, door handles when you get home.


Most importantly, stay safe out there, good luck marketing your property.


________________________________


Follow me on Facebook and Instagramto receive updates on the Saskatoon real estate market and insights I've gained managing thousands of real estate transactions.


TeamFisher.com hosted nearly a quarter of a million user sessions and displayed more than 2.8 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 306-241-6676 or email me at norm at teamfisher.com


Norm Fisher

Royal LePage Vidorra

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Covid, Covid, Covid.

I’m sick of hearing about Covid and I’m sure you are too.
 
Unfortunately, Covid isn’t done with us yet!
 
I’m sensing a growing level of concern,  especially for home sellers inviting strangers into their homes. I offer these simple tips to home buyers to keep themselves safe and to give the owners of the homes they’re visiting some comfort that you respect their space.
 
✅ Get pre-approved to ensure that the homes you’re viewing are affordable for you.
✅ Pre-qualify homes online using photos, virtual tools, and even Google Maps to walk the area virtually.
✅ Take your own car and avoid riding with your REALTOR®.
✅ Primary decision-makers only. We can spin the kids through later, prior to making an offer.
✅ Wear a mask, sanitize your hands, and keep a safe distance while viewing.
✅ Let your REALTOR® open doors and cupboards to minimize touchpoints through the home.
 
I hope that’s helpful.
 


________________________________


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 nearly a quarter of a million user sessions and displayed more than 2.8 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 306-241-6676 or email me at norm at teamfisher.com


Norm Fisher

Royal LePage Vidorra

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Canadian home sales remain historically strong in October: CREA

The Canadian Real Estate Association (CREA) recently released national sales statistics for October of 2020.


According to the report, "Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued running at historically strong levels in October 2020."


"Home sales recorded over Canadian MLS® Systems in October 2020 edged back by 0.7% from September’s all-time record for monthly sales."


"Many Canadian housing markets continue to see historically strong levels of activity, and at this point over

and above what would have been required to make up for the very quiet spring market this year,” stated Costa Poulopoulos, Chair of CREA. "As you may have heard, as of October 19 CREA is once again recommending against in-person open houses. We’ll have to wait and see how a return to more restrictive safety measures impacts housing markets as we move towards the end of this strange year, particularly if it leads to fewer people putting their
homes up for sale in regions that already have historic supply shortages. In the meantime, we will remain vigilant in adhering to government and health officials’ directives to keep our clients safe, including the use of all the virtual 

technology solutions that were so popular back in the spring. Now as always, REALTORS® remain the best source for information and guidance when negotiating the sale or purchase of a home,” continued Poulopoulos.



 Highlights of CREA's report

  • National home sales edged back 0.7% on a month-over-month (m-o-m) basis in October.

  • The actual (not seasonally adjusted) activity was up 32.1% year-over-year (y-o-y).

  • The number of newly listed properties rose 2.9% from September to October.

  • The MLS® Home Price Index (HPI) rose 1% m-o-m and was up 10.9% y-o-y.

  • The actual (not seasonally adjusted) national average sale price posted a 15.2% y-o-y gain in October.

Read the entire report on Canadian MLS® sales for October of 2020.

________________________________

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 nearly a quarter of a million user sessions and displayed more than 2.8 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 306-241-6676 or email me at norm at teamfisher.com.


Norm Fisher

Royal LePage Vidorra

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The Saskatoon real estate market continued to cool as home sales fell lower for the third consecutive week. Local REALTORS® reported 74 Saskatoon homes firmly sold this week, down 12 from last week, but once again, exceeding numbers posted during the same week last year when sales had fallen to just 51 units. Weekly sales have met or grown over the previous year for 23 weeks in a row (up 22 times).


New listing activity tumbled lower this week with just 84 Saskatoon homes being added to the multiple listing service®. That number is sharply lower than the 142 listings recorded the week before. It’s also 19 fewer homes than were listed over the same period in 2019.


Saskatoon real estate sales and listing stats for the week of November 7-13, 2020



The number of Saskatoon homes showing an “active” status on the MLS® slipped lower for the eighth consecutive week. Today, we have 1280 active listings in the residential category. That number is down 40 compared to last week’s close. At this time last year, there were 1596 active listings on the MLS®.


A closer look, by category, shows 673 single-family homes for sale, down from 979 a year ago. There are an additional 534 condominiums available today, down just five annually.


Let’s take a quick look at “months of inventory.” 30-day home sales took its largest decline in months. That number fell to 407 units, down from 433 last week. 


1280 active listings / 403 sales = 3.2 months of supply.


While that still leaves us well into seller’s market territory, it’s an improvement from last week when we were sitting at three months.


Active Saskatoon real estate listing on the MLS at November 14, 2020



With a much higher percentage of weekly sales topping 500K this week, both the weekly average price and the weekly median price grew to $344,142 and $329,000 respectively.


Looking a little longer-term we see the six-week average price falling for the second week in a row. It’s now at $343,573. That’s down less than two thousand dollars from last week but up roughly 18K annually. After slipping lower for four consecutive weeks, the four-week median price edged higher. It grew by just $1250 to reach $324,750 to record a year-over-year increase of just under five thousand dollars.


Average and median prices for Saskatoon homes sold November 7-13 2020



The number of sales that were reported to have firmed up with a price that exceeded the list price grew to six. The average bonus paid to those sellers was $3,083. Meanwhile, 62 of the week’s 74 sales went for less than the asking price to net those buyers an average discount of $12,810.


Here is a breakdown of what the sales to listing price ratio looked like on this week’s sales. Please note that this chart may show over list price sales, even when I have reported the number as 0. Those sales are typically new properties that spent some period of time on the market, and most likely sold and included additional improvements that were not reflected in the original list price. For example, a new home listed at $450,000 sells at a price of $490,000 after 120 days on the market may have included a basement development that was not anticipated in the listing price. We report these to you as “at list price sales”, which is likely too generous in some cases, but it’s simply not practical to obtain the full details of each sale.


Sale price to list price ratios for Saskatoon homes sold through the MLS the week of November 7-13, 2020


More weekly stats and numbers for those who love them. 


Saskatoon real estate statistics for MLS home sales from November 7-13,2020



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 nearly over 330,000 user sessions in the past year and displayed more than 2.8 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 306-241-6676 or email me at norm at teamfisher.com


Norm Fisher

Royal LePage Vidorra


Read

Saskatoon home sales continue on a tear through October 2020: SRA

The Saskatchewan REALTORS® Association recently released MLS® statistics for October of 2020. The text below is directly from their media release. the graphics are ours.


Sales in Saskatoon were up 40.5%, going from 306 in October 2019 to 430 in October 2020, and up 42.6% in the overall region, going from 411 to 586. In Saskatoon, sales were 32.5% above the 5-year average (and 30.5% above the 10-year average), while in the larger region, sales were 29.8% above the 5-year average (and 26.6% above the 10-year average). Year-to-Date (YTD) sales in Saskatoon rose 14.9% over last year, increasing from 3,168 to 3,641, while YTD sales in the larger region rose 20.1%, going from 4,258 to 5,114. 


Sales volume was up 56.4% in the city, going from $96.7M to $151.2M in 2020 (38.9% above the 5-year average, and 33.5% above the 10-year average). YTD sales volume in the city was $1,260.3M, an increase of 20.1% from last year. In the region, sales volume was up 26.2%, going from $1,338.0M to $1,688.0M (38.1% above the 5-year average and 34.0% above the 10-year average). YTD sales volume increased 26.2% in the region, rising from $1,338.0M in 2019 to $1,688.0M in 2020. 


Saskatoon residential sales by category for October 2020



In Saskatoon, the number of new listings in October 2020 rose 4.0%, going from 599 to 623 (5.1% below the 5-year average and 6.9% below the 10-year average), while in the region, new listings fell 2.5% from 857 last year to 836 this year (9.8% below the 5-year average and 11.7% below the 10-year average). YTD new listings in the city fell 3.5%, going from 6,992 to 6,744, while in the larger region, the number of new listings to date fell 6.2%, going from 10,245 to 9,610. Active listings fell 20.6% in Saskatoon (down from 1,729 to 1,372) and fell 25.6% in the region (down from 3,145 to 2,341). 


Inventory in Saskatoon stood at 3.2 months (which is 43.5% below the level last year and 43.5% below the 5-year average), while the sales to listing ratio was 69.0%, suggesting that market conditions favour sellers. Inventory in the larger region stood at 4.0 months (which is 47.8% below the level last year and 43.4% below the 5-year average), while the sales to listing ratio was 70.1%, suggesting that market conditions favour sellers. 


New and active Saskatoon real estate listings by month to October 2020



Homes in Saskatoon stayed on the market an average of 42 days in October—down 20.8% from 53 days last year (but below the 5-year average of 51 days and below the 10-year average of 46 days). Homes in the region stayed on the market longer than homes in the city at 50 days on average in 2020, but also down from an average of 63 days last year (and 16.4% below the 5-year average). 


Median home prices in Saskatoon went from $302,500 to $330,000 (an increase of 9.1%) and were approximately 2.5% above the 5-year and 0.9% above the 10-year average median price. The MLS® Home Price Index (HPI)—a more accurate measure of house price trends—is up 0.3% from $322,700 to $323,600. Year-to-date, the median home price in Saskatoon was $331,065 which is 3.7% above the $319,300 price from the same time last year. Median home prices in the region went from $287,500 to $320,000 (an increase of 11.3%) and were approximately 4.8% above the 5-year and 3.4% above the 10-year average median price. Year-to-date, the median home price in the region was $314,252 which is 4.7% above the $300,110 price from the same time last year. 


Saskatoon home prices by month and category to October 2020


________________________________


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 nearly a quarter of a million user sessions and displayed more than 2.8 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 306-241-6676 or email me at norm at teamfisher.com


Norm Fisher

Royal LePage Vidorra

Read


Saskatoon home sales fell to their lowest point since the first week of September (the short week due to the Labour Day holiday). Local REALTORS® reported 86 firm trades for a weekly drop of 16. Still, sales remained well above those recorded during the same week last year when just 58 homes were sold through the multiple listing service®. This marks the 22nd consecutive week in which sales met or exceeded trades recorded over the same week last year.


New listing numbers moved in the opposite direction, mostly due to a re-listing of properties that expired from the MLS® as October closed. Saskatoon real estate agents added 142 residential properties to the system this week. That’s up from 127 last week and sharply higher than listing volume over the same week last year when just 105 homes were offered for sale.


Saskatoon real estate sales and listing stats for the week of October 31 - November 6, 2020



Active listing inventory (Saskatoon homes that are currently for sale) fell lower to 1320 for a weekly decline of 47 and an annual decrease of 292. This is the lowest point the inventory has reached since the second week of January. It will continue to fall through the balance of the year.


The majority of the declines are counted in the single-family homes category which is now at 704, down from 987 at this time a year ago. Condo listings are at 539, down from 568 last year.

The number of sales recorded over the previous 30 days grew this week to 433. Measured against the current active listings inventory of 1320, our “months of inventory” fell lower again to just three. Remarkably, that leaves us in about as tight a position as we’ve been in for years (we did hit 3 months of inventory during the final week of August).


Active Saskatoon real estate listing on the MLS at November 7, 2020



With just six sales above the half-million-dollar mark and brisk activity at the lower end of the Saskatoon real estate market, both the weekly average price and the weekly median price fell lower to $309,322 and $296,250 respectively.


The six-week average price tumbled nearly ten thousand dollars this week to settle at $345,273 while maintaining year-over-year gains of about 21K. The four-week median price took its fourth consecutive weekly decline to finish the period at $323,500. That’s lower than last week’s number by seventy-seven hundred dollars but higher than it was a year ago by sixteen thousand and five hundred dollars. It’s worth mentioning that the four-week median price has not been this low since late June.


Average and median prices for Saskatoon homes sold October 31 - November 6, 2020




Just two sellers accepted offers for more than the asking price this week. Those overbids were modest. One was $100 while the other was $1000, for an average of $550.00. Meanwhile, 76 of the week’s 86 closed sales came in below the seller’s asking price with an average discount of $10,523.00.


Here is a breakdown of what the sales to listing price ratio looked like on this week’s sales. Please note that this chart may show over list price sales, even when I have reported the number as 0. Those sales are typically new properties that spent some period of time on the market, and most likely sold and included additional improvements that were not reflected in the original list price. For example, a new home listed at $450,000 sells at a price of $490,000 after 120 days on the market may have included a basement development that was not anticipated in the listing price. We report these to you as “at list price sales”, which is likely too generous in some cases, but it’s simply not practical to obtain the full details of each sale.


Sale price to list price ratios for Saskatoon homes sold through the MLS the week of October 31 - November 6, 2020


More weekly stats and numbers for those who love them. 


Saskatoon real estate statistics for MLS home sales from October 31 - November 6, 2020


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 nearly over 330,000 user sessions in the past year and displayed more than 2.8 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 306-241-6676 or email me at norm at teamfisher.com


Norm Fisher

Royal LePage Vidorra

Read
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.