Saskatoon Real Estate Market Update for June 2020

Posted by Jill Bird on Thursday, July 9th, 2020 at 11:53am.

Strong June for the Real Estate Market in Saskatoon

A total of 515 properties sold in Saskatoon this June, a 38.4% increase more than the 372 properties sold. In the overall region sales increased to 719 from 504 last June.

There were 1,585 active listings for the month which is an 19.6% drop of inventory for June.

The Multiple Listing Service® Home Price Index benchmark value for a single family home in the Saskatoon in June 2019 was $306,500 . The benchmark value for the same home in June 2020 increased by 0.9% to $309,400. The year-to-date median prices in Saskatoon $326,858, a 1.3% increase from June 2019. In the region, the year-to-date went from $308,171 to $301,767.

The average days on the Market for Saskatoon decreased to an average of 43days in June. While homes in the surrounding region stayed on the market for an average of 54days.

 

With low inventory levels & good rates, now is a great time to sell!

Contact Bird Realty for all any Real Estate questions you may have.

Cam Bird: 306-221-0654

Jordan Bird: 306-371-5888

Jill Bird: 306-221-1350

www.sellingsaskatoon.com

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