Cancelled and withdrawn listings fell twenty-one. Seventeen of those immediately returned to the system, offered up with a new MLS number, and in most cases a new price. An additional forty-six Saskatoon sellers adjusted their asking price. The median sale price of a Saskatoon home pushed higher again for the fourth consecutive week and finished above the $300K ($310,000) mark for the first time during that climb. The average sale price of a Saskatoon home bounced back and finished the week at $308,616. The six-week average broke an eight-week losing streak to claim a small gain over the previous week finishing at $305,919. That’s ahead of last year’s number by a little more than fourteen thousand dollars, one of the smaller year-over-year gains that we’ve seen in some time. The four-week average followed all of the other price measures and finished up nearly four thousand dollars on the week at $299,900 for an annual gain of nearly twenty thousand dollars. Click the image for a larger version of the graph. Eighty-five of this week’s one hundred and one sales recorded a sale price that was below the asking price, by an average of $8,471. Another thirteen Saskatoon home buyers came to the table with everything the seller was asking. Three stepped up and overbid to get the home they wanted. On average, they offered up an additional $2,400 to seal their deal. Click the image for a larger version of the chart.
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Royal LePage Vidorra