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.
Royal LePage Vidorra