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Sales, new listings, average Saskatoon home prices all rise in July 2012: SRAR

The Saskatoon Region Association of Realtors® (SRAR) released the MLS® residential real estate statistics for July of 2012 today. Unfortunately, the official stats were not accompanied by a media release as they usually are. I’ll post it when it arrives. Meantime, here are the numbers.


Unit sales of Saskatoon homes in July of 2012 kept pace with June’s impressive numbers and increased eight percent fromlast July to 436 to finish the month above the five-year average for July of 396 homes.



The number of new MLS® listings introduced to the Saskatoon real estate market was also up in July to 697 properties, a gain of 16 percent over the same month a year ago. The total number of active MLS® listings at the close of the month slipped just slightly from 1254 at the end of June to 1240 as July came to a close for a year-over-year decline of 12 percent.



An active sales market and decreased level of total inventory pushed the average sale price of a Saskatoon home higher to $329,537 for an annual gain of eight percent.



In the areas surrounding Saskatoon, buyers scooped up an additional 109 homes, up from 95 sold during the same month last year. Average prices in these areas saw a smaller increase of six percent from July of 2011.


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 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.
 

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