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Saskatoon real estate: Week in review (December 10-14 2007)

This past week produced the smallest number of new Saskatoon real estate listings for any week this year with just 46 houses and condos being listed for sale on our local MLS® system, down from 73 the week before. This decline in new listings is something which we expect to see in December and we can anticipate that the trend will continue through the next couple of weeks. Only the most serious sellers will list their properties between now and month end.


Home sales were fairly brisk given the time of year. 62 Saskatoon houses and condos were reported sold, compared to just 48 the week before. With a total of 110 sales completed, month to date, it seems fairly certain that we’ll see a higher volume this month, compared to December, 2006.


Total active residential listings closed the week at just 478 units, a big drop from 540 last week. 242 of those properties are single family homes (houses) and 187 of them are condominiums. The balance are semi-detached, duplexes, mobiles, etc. I took a little trip back to last December to compare inventory levels from late in the year. While the total number of active listings is higher this year, I noticed that we actually have fewer houses for sale, but substantially more condos on the market than we did then. On December 11, 2006 the Saskatoon MLS® was showing 265 single family homes and just 44 condos as active.



See a Google map displaying the boundaries of Saskatoon real estate “areas” here Data collection and calculation for our statistical reports


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.


Norm Fisher Royal LePage Vidorra

Norm Fisher, TeamFisher

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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