Saskatoon real estate: Week in review (March 19-23 2007)

Saskatoon real estate: Week in review (March 19-23 2007)

A full 53% of all residential sales reported to the Saskatoon real estate board for the week of March 19-23 sold above the asking price, with an average overbid of $14,456.

Once again, average selling prices exceeded average asking prices in all major Saskatoon real estate districts, except area 4, where the average selling price was just about $250 below list.

Total active listing of Saskatoon single-family homes and condos were at 234 units at the close of the week, about the same number as last week.

Some of the more notable sales include the following:

  • 1,080 square foot East College Park bungalow sells $41,000 over list at $245,000.
  • 1,040 square foot townhome in Erindale listed at $219,900 sells for $245,000.
  • 867 square foot condo in Lakeview listed at $107,900 sells at $140,000.
  • It’s kind of sad when the $20,000 overbids no longer make the “notable” list.

I’m always happy to answer your Saskatoon real estate questions. 

Norm Fisher

Royal LePage Vidorra

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