Strong Sales and Rising Prices Define September Market in Saskatoon
 

In September 2024, the Saskatoon real estate market showed positive growth, with a total of 432 sales, marking a 16% increase year-over-year and a notable 24% increase compared to the 10-year average. The city's residential benchmark price was $401,800, which represents a 6.5% rise from the previous year. However, despite the rise in sales, inventory levels were significantly low, with available listings down by 47.9% year-to-date compared to the 10-year average, resulting in constrained supply that has limited further potential growth in sales.

The number of new listings reached 654 in September 2024, reflecting a 14% increase from the previous…

173 Views, 0 Comments