The June 2019 Saskatoon Real Estate Review is up.
What did the Market bring the first month summer?
Month In Review:
Saskatoon’s Real Estate market continues to see’s some positive numbers in June. The amount of unit sales saw an increase of 6% over last June and year to date up 9%. Even with this increase of sales over last year, buyers are still very cautious with their purchases. The sales dollar volume saw an increase of 9% compared to last June and year to date up 8%. With the sales and dollar volume both increasing. Most would expect the sales prices would improve but that is not the case. We are still seeing most of the activity under the $400,000.00 mark which is holding our 6 months rolling average sale price down 2% this year. The unit’s being listed also saw decline of 10% compared to last June and year to date down 5%. This is still positive news for our market as we sit just under 2000 homes listed in Saskatoon.