Here’s a brief statistical overview of residential sales as reported to the Saskatoon Real Estate Board MLS® system for the past week.
Notable changes over the previous week:
The percentage of listings sold at the list price or above the list price increased from 48% to 56%.
The average selling price of a home exceeded the average listing price in four of five areas*.
The average overbid where listings sold over their list price increased 27% from $4,735 to $6,037.
- 864 square foot Lakeview condo sells 10% over list price at $113,000.
- 1,000 square foot Dundonald house sells 10% over list price at $198,000.
- 975 square foot City Park house sells 10% over list price at $170,000.
I’m always happy to answer your Saskatoon real estate questions.
Royal LePage Vidorra