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Saskatoon real estate: Week in review (March 5-9 2007)

The Saskatoon real estate market continued at a frenzied pace with average sale prices exceeding average asking prices in every area of the city. A full 70% of the 82 residential sales reported to the Saskatoon Multiple Listing Service® sold either at or above the asking price. The average “overbid” which was recorded in instances where a home sold above the asking price increased substantially to $12,144 from $6,950 the week before. Here’s an overview of the numbers.



Notable sales from last week include:


  • Lakeview condo sells $29,000 over list price at $132,000.
  • Lakeview bungalow sells $30,100 over list price at $218,000.
  • Erindale townhome sells $30,100 over list price at $210,000.
  • City Park two and one-half storey sells $41,100 over list price at $261,000.
  • City Park bungalow (720 square feet) sells $30,100 over list price at $210,000.


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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