2022 in Review in Saskatoon for December
Jill Bird with Re/max Saskatoon with your quick update. .
Supply continues to be a challenge, as new listings have decreased significantly as our total inventory was 827 properties which 501 were single family homes. December had 233 new properties hit the market, making that a 28% decrease compared to December 2021.
As the weather cools off, so did the sales in December has we had 24% decline in sales compared to December 2021 with a total of 203 in Saskatoon. But out of those 203 sales 12 sold for full price & 14 sold over asking.
On the positive side, our average sale price for detached homes has gone up making it $419,851 in December. & townhomes had an average sale price of 279,119. We had a 4month supply of inventory in December.
Jill Bird
RE/MAX Saskatoon
306-221-1350
Posted by Jill Bird on
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