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Saskatoon real estate: Week in review (August 25-29 2008)

New listing activity in the Saskatoon real estate market was slightly higher than last week with a total of 141 new listings in the residential category. The single-family homes and condo category saw a small decline in new listing activity with 121 units being introduced over the course of the week. As of today, there are 1,059 single-family homes and 499 condominiums showing the active status. Total active listings in the residential category show a small increase to 1,676 properties compared to 1,667 last week.


Sales were pretty much on par with the previous week. A total of 57 properties were reported as firm sales including 53 houses and condos.


The average selling price for the week was just $270,911, down from $276,320 last week and one of the two lowest weekly averages since the middle of March.

Saskatoon real estate: Week in review (August 25-29, 2008)


I’ve just returned from two wonderful weeks in the Canadian Rockies. I’m feeling ready to get back to work, and excited to see how this market unfolds in the months ahead. My thanks go out to Pamela for managing the phone, email and the blog while I was away. Thanks also to Lyndon Neher for looking after the day-to-day details of the business. Finally, thanks to all of you readers for continuing a lively discussion.


Over the next few weeks, I’ll be considering some new ways to report on the Saskatoon real estate market on a weekly basis. Market changes are probably making some of the numbers irrelevant (over list, under list, etc.). If you have some ideas on what you would like to see, or how you’d like to see it presented, I’m all ears. You can leave your suggestions in the comment string, or drop me an email using the button below the header on this page. Once again, thanks so much for your participation in this community.


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.


Follow our daily updates on Twitter @SaskatoonHomes.


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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