Saskatoon real estate market continues to fluctuate drastically month over month and this has created confusion with most. In September we actually saw an increase in the amount of sales by 3% which brings us to a decline of 2% over last year.
On the other hand, the dollar volume saw a 4% drop and year to date we are down 6%. The amount units being listed has also seen a 11% decline this year which has really helped keep inventory levels under 2000 listings. To clarify, the six month rolling average for the sale price is a great way to gage the market. In Saskatoon, this average is now down to $331,643.00 which is a decline of 5% over last year. Lets remember, 2017 was not a record breaking year!