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Saskatoon real estate: Week in review (October 22-26 2007)

The Saskatoon real estate market continued to move at a pace which was remarkably similar to the previous week. A total of 61 houses and condos were reported sold and prices were pretty much spot on with what we’ve been seeing most recently. New residential listings fell slightly from 122 to 112 units but active listings still managed to move ahead slightly to 689 properties, up from 675 last week.


The percentage of homes selling below list price increased again to 77%, but above list sales also managed to see a bit of an increase to 15%. More and more sellers are pricing their properties at, or above market value providing buyers with a bit of negotiating room in most instances.


The condo market has certainly slowed. Today, there are 139 condos available on Saskatoon’s east side. Only 12 condo sales were reported last week. Anyone seeking a townhouse style condo in Saskatoon’s east end will be pleased to find a number of good options, and probably some motivated sellers. There are quite a few new, never lived in homes ranging in price from the low 240’s to the mid 260’s. The demand for good single family homes priced around or below the average still seems to be quite high. Most of what comes available will find a buyer pretty quickly if it’s realistically priced and showing well.


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, Author of the TeamFisher Saskatoon Real Estate Blog

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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