Saskatoon Saskatchewan Real Estate Update January 2011
By John Pearce
(Royal Lepage Saskatoon Real Estate)
2011 Residential Sales Market Begins on a Positive Note The 2011 residential resale market started on a positive note with Saskatoon REALTORS® assisting 195 home buyers with the purchase of their dream home. This number was up 10 % from January 2010 when 178 homes were sold. The $300,000 to $350,000 price range continues to be the most active. The average number of days to sell in the month of January was 43 days. The average residential selling price in January was $300,353.00 this number up 11 % from January 2010 when the average selling price was $270,265.00. The average residential price is derived by taking the month's dollar volume of homes sold and dividing that number by the unit sales number. The percentage of change should not be used unilaterally as prices vary from area to ...
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