Inventory levels remain over 25% below 10year average.  

 

Saskatoon Real Estate Market Update in November 2022

Inventory levels fell to the lowest level reported in over a decade!!! The Sales have gradually declined 15% in Saskatoon for November

The city of Saskatoon reported benchmarked price of $367,800, which is 3% higher than This time last year.

November bad 269sales in November; 34% lower than this time last year. We had 419 new listings hit the market with a total inventory count of 1,024 listings. Saskatoon had a 3.8month supply of inventory as homes took on averages 44days to sell in November. Houses were selling for 97% of asking price.  Our average sale for single family homes was $404,000. There was 19 properties that…

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