Average house prices in Saskatchewan were up 4% in May thanks to increases in 4 Saskatchewan cities. The average house price in Sask is now $242,829. While the average home price in Saskatoon is down 7% from last May to $279, 477 this year, the average price of a house for sale in Regina is up 12% to $263, 424.
The other 3 Saskatchewan communities that are posting record average prices are Yorkton, Swift Current, and Prince Albert.
The Saskatoon real estate market has seen stabilizing prices with listings down and sales up and it is expected that sales will remain steady.
President of CREA, Regina broker Dale Ripplinger, says that sales activity is closer to the pre-recession peak than the trough hit in January. Several things are helping buyers purchase houses for sale in Saskatoon such as improved consumer confidence, low interest rates, and better affordability.
If you are looking to buy a house for sale in Saskatoon call your local Saskatoon realtor ® Kari Calder as I can help you with purchasing any house for sale in Saskatoon, whether it be a private sale or a Saskatoon MLS property.
Kari Calder
Saskatoon Real Estate Agent
Century 21 Conexus Realty Ltd.