Saskatoon Real Estate Update – January 2008

Our current Saskatoon Real Estate market has picked up once again. After a small lull in the fall, the Saskatoon market has started out strong so far in 2008.

The 2007 overall average sales price in Saskatoon was $232,362 with January starting at $190,037 and ending in December with $255,271.

It seems that any homes that were listed in the fall and still on the market at the beginning of the year are now getting snapped up. Most people don’t want to wait for the spring boom this year which is actually propelling our market early. The Saskatoon market is once again in a sellers market with multiple offers already occurring.

So if you are thinking of buying a home in Saskatoon, don’t wait until Spring! Be prepared to be involved in a bidding competition though, even if a house is listed first come first serve as they may still get multiple offers. If you see a house in Saskatoon that looks like it may be ‘the one’ do not wait as you may miss out.

Contact me today if you are looking to either buy or sell a home in Saskatoon and the surrounding area!

Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.

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