Crystal Pickering Realtor

Saskatoon reported 271 sales in February, down 16 percent year-over-year and two percent below the 10-year average.

The monthly sales decline was met with declining new listings, which failed to provide meaningful inventory relief as the Bridge City continues to report Saskatchewan’s tightest market conditions. Of the 614 available units at the end of the month, 164 were conditionally sold and expected to exit the market, resulting in 450 active units heading into February.

Saskatoon reported a benchmark price of $421,600 in February, up from $417,800 in January.

Sales ⬇️ 15.6% Y/Y ⬇️ 11.3% YTD
New Listings ⬇️ 2.9% Y/Y ⬇️ 5.2% YTD
Inventory ⬆️ 4.6% Y/Y
Months of Supply ⬆️ 23.9% Y/Y

Are you planning to buy, sell or just have questions? Contact me and let me help!

Crystal Pickering
☎️ 306-371-1944
📧 [email protected]
Boyes Group Realty Inc.

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