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Saskatoon real estate: Week in review (October 8-12 2007)

Saskatoon real estate sellers continued to show their enthusiasm offering 122 single family homes and condos to the market, bringing total active listings to an annual high of 663 units (also higher than any month end in 2006). You could almost hear the buyers yawning as only 48 Saskatoon homes were reported sold, the lowest number for any week in the history of the “Week in review.”


While average overbids were less than half of what they were last week, the average selling price of a Saskatoon home came in at one of its highest levels this year, topped only once before, the week of September 10-14.


Though demand is obviously showing signs of weakening, properties valued well below the average continue to attract substantial attention. Two properties which I listed Friday, one at $214,900, the other at $219,900 had both received acceptable offers by the end of the day on Saturday. One of the two properties attracted approximately 16 showings and seven offers, most of those above the asking price.


Here are the numbers for your review.



See a Google map displaying the boundaries of Saskatoon real estate “areas” here Data collection and calculation for our statistical reports


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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