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Saskatoon real estate: Week in review (April 23-27 2007)

New residential listings dropped to 103 units this past week, compared to 122 the week before, and once again, unit sales marginally outpaced new listing activity. 109 single-family homes and condominiums where reported sold on the Saskatoon MLS®.


The percentage of homes sold at the list price or above the list price saw a bit of an increase to approximately 83%. The average overbid was $22,798 including all areas of Saskatoon. Area 3, where the average overbid reached $38,600 proved to be the toughest spot for buyers to make a deal.


Here’s a look at the numbers.



Notable sales.


  • Forest Grove 4 level split at 1,140 square feet with a double garage was listed at $267,800 and sells for $346,000.
  • Nutana Park bungalow at 995 square feet with no garage was listed at $224,900 and brings $275,000.
  • Silverwood 4 level split at 958 square feet with a double attached garage listed at $234,900 sells for $285,000.
  • Hudson Bay Park bi-level measuring 1,176 square feet with a single garage sells for $290,500.
  • Varsity View bungalow at 760 square feet and needing a ton of work was listed at $179,900 sells for $165,000 after 23 days on the market.
  • Buena Vista bungalow of just 560 square feet sells 10K under at $100,000. Again, the property appeared to be pretty rough.


I’m always happy to answer your Saskatoon real estate questions. 


Norm Fisher

Royal LePage Vidorra

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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.
 

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