Market Update

Sales were up 76.7% in Saskatoon (going from 326 to 576), up 28.6% in Martensville (going from 21 to 27), and up 88.9% in Warman (going from 18 to 34). In Saskatoon, the number of new listings in May 2021 rose 34.4%, going from 755 to 1,015. The number of new listings rose 44.8% in Martensville, going from 29 to 42, and rose 6.4% in Warman, going from 47 to 50, YTD new listings in Saskatoon rose 38.6% (going from 577 to 800), rose 34.6% in Martensville (going from 25 to 34), and rose 19.0% in Warman (going from 35 to 41). Active listings rose 4.4% in Saskatoon (up from 1,524 to 1,591), were flat at 73 Martensville, fell 38.7% in Warman (down from 119 to 73). Inventory in Saskatoon stood at 2.8 months, while the sales to listing ratio was…

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