Tait Real Estate : Realty Executives Saskatoon : Blog posts labelled: market update

Saskatoon Real Estate Market Recap: 2024 and What’s Ahead for 2025

2024 was the busiest year for Saskatoon's real estate market since 2006—a milestone year that marked a turning point for home sales and prices. 🚀 So, what does this mean as we head into 2025? And, more importantly, how does it impact you? Let’s break it down.

2024 in Review

It was a year of record-breaking numbers:

Sales-to-Listing Ratio: The market hit a 74% sales-to-listing ratio—the highest since 2006. This means that for every 100 homes listed, 74 were sold.
Inventory Levels: The year ended with just 410 active listings, the lowest inventory level we’ve seen since, you guessed it, 2006.

A Look Back at 2007

If history teaches us anything, it’s that low inventory and high demand tend to push home prices higher. In 2007, after a similarly hot year in 2006, inventory stayed low, sales remained strong, and prices surged dramatically. We’re expecting a similar pattern in 2025.

What to Expect in 2025

Here’s what we’re anticipating:

Continued Low Inventory Levels: The number of homes on the market is likely to stay tight.
Strong Sales-to-Listing Ratios: Expect demand to remain robust, with a high percentage of listed homes selling.
Rising Home Prices: With strong demand and limited supply, average home prices are poised to increase.

What This Means for Sellers

For sellers, 2025 is shaping up to be an ideal time to list your home. With low inventory and high demand, the market is working in your favor. To maximize your results, it’s crucial to price your home competitively and present it effectively.

What This Means for Buyers

For buyers, waiting could cost you more. If home prices rise, you’ll end up paying more for the same property. Acting sooner rather than later could save you money in the long run.

Let’s Chat!

Whether you’re buying, selling, or just curious about Saskatoon’s real estate market, we’d love to hear from you. Let’s make 2025 an exciting year for your real estate goals!

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟

Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Courtney Tait
📞 Phone: 306-221-2321
📧 Email: ctait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

Read

Saskatoon Real Estate Market Update for July 2024

Welcome to our monthly real estate market update for Saskatoon. We’re excited to bring you the latest insights and trends. Let's dive into the numbers and what they mean for you!

Current Market Overview

As of July 2nd, there were 631 homes listed for sale in Saskatoon. In June, we saw 540 homes sold, matching the sales figures from last June. This steady number indicates a resilient market, even with fewer homes available. Overall, sales are up 9% this year, signalling strong demand.

Listings and Pricing Trends

June brought 668 new listings, which is a 15% decrease from the previous month and slightly down by 3% compared to June last year. This drop in new listings is making our market feel tighter. The average sale price for a home last month was just under $402,000, a 3% increase from May. Year-to-date, our average sale price is about $393,000, which is a 5% rise from last year. Prices are definitely on the rise!

Record High Prices

Home prices in Saskatoon have hit a record high, with the average home price crossing the $400,000 mark for the first time. Communities like Humboldt, Martensville, and Warman are also experiencing record prices, reflecting strong demand across the region.

Market Dynamics

Even with fewer homes for sale, the eagerness to buy, especially higher-priced homes, is keeping our market vibrant. Higher mortgage rates and rising home prices have created a push for more affordable homes. However, with fewer options, buyers need to act quickly and be prepared to compete.

Advice for Buyers and Sellers

For buyers, this means being ready to move fast and possibly face bidding wars, especially in the mid to higher price ranges. For sellers, it’s a fantastic time to list your home with demand being so high.

Conclusion

Overall, the Saskatoon real estate market remains strong, with steady sales and rising prices. Whether you’re buying or selling, it’s essential to stay informed and work with a knowledgeable real estate professional. If you have any questions or need real estate advice, feel free to reach out to us at Tait Real Estate. We're here to help you navigate the market and find the perfect home or investment.

Thanks for tuning in!

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟

Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Courtney Tait
📞 Phone: 306-221-2321
📧 Email: ctait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

Read

Tait Real Estate May Market Update

In this months update, we break down the current Saskatoon market trends, and what they mean for you.

The Saskatoon real estate market is currently showing strong and encouraging trends. There's been a noticeable increase in sales, with 29% more homes sold this month compared to last year. Additionally, home prices are on the rise, with a 7% rise year-to-date.

This healthy market growth makes it a great time to consider buying or selling a home in Saskatoon. We are seeing properties sell quickly, in some cases with multiple offers and even over asking price.

In April 2024, the Saskatoon real estate market experienced vibrant and positive trends.

Sales Volume - This year has seen a significant uptick in property sales, with a 29% increase this month alone, and a 14.5% rise year-to-date. Specifically, there have been 522 properties sold this month, a substantial increase from the 406 sold during the same period last year. This represents an impressive addition of 116 units sold compared to April last year.

Inventory - There are 582 active MLS listings in the city as of May 1st, 2024. the market welcomed 728 new listings in April marking a 9% increase over last April. However, looking at the year-to-date figures, new listings have slightly decreased by 1.2%.

Average Price - The average sale price also shows a robust growth, with the month-to-date average reaching $394,213—an 8% increase from $366,626 in April last year. The year-to-date average sale price stands at $388,891, up 7% from $364,713 in the same period in 2024.

Summary - These figures indicate a healthy and growing real estate market in Saskatoon, making it an opportune time for both buyers and sellers.

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟

Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

Read

Saskatoon Real Estate Market Stats - December 2023

The Saskatoon real estate market in December 2023 showed noteworthy trends, reflected in several key statistics:

Active Listings: The total number of Active MLS listings is 692.

Sales Performance: There was a significant increase in sales for the month, up by 14%, with a modest year-to-date (YTD) increase of 1.5%. A total of 230 properties were sold during the month, which is a notable increase from the 202 properties sold in the same period last year, representing an addition of 28 units. This upward trend in sales volume is a positive indicator for the Saskatoon real estate market.

New Listings: The market witnessed 248 new listings in December. This figure represents a 7% increase compared to the same month last year. However, when looking at the year-to-date numbers, there is a decrease of 7%, from 418 last year to the current number.

Average Sale Prices: The Average Sale Price for the month was $373,422. This is a slight increase of 0.48% from $371,646 in December 2022. The Year-to-Date Average Sale Price also saw an increase. Standing at $375,123, it represents a 2% increase from the previous year's $368,891.

Summary: Overall, the Saskatoon real estate market in December 2023 experienced a boost in sales volume with a moderate increase in average sale prices. The number of new listings rose for the month but showed a decrease on a year-to-date basis. These figures suggest a steady demand in the market, coupled with a relatively stable pricing environment, making it a potentially attractive time for both buyers and sellers in the region.

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟
Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

🌐 Website: www.taitrealestate.ca

Reach out today and let's make your property dreams a reality in the heart of Canada!

Read

October 2023 Market Update

Hey there! As the leaves turn golden this October and we cozy up for fall, it's a great time to chat about the housing scene. Right now, home sales in Saskatoon are buzzing. Why? Well, there aren't many houses available, to begin with. Yes, interest rates have ticked up a bit, but that hasn't slowed folks down. People still really want homes in our area, way more than those rates are discouraging them.

September Stats: In September 2023, Saskatoon's real estate landscape revealed a mix of trends. Active listings for the month totaled 980, with single-family homes leading the pack at 712 and condos following with 268 units. It's noteworthy that out of these condos, 171 were of the apartment-style. However, there was a dip in fresh entries to the market, with new listings for the month at 575, marking a 9% drop from September 2022.

Sales painted a brighter picture with 374 properties changing hands, reflecting a 14% increase compared to the same period the previous year. The average sale price edged upwards too, reaching $375,301— a modest growth of 0.75% from September 2022.

It's evident that while the volume of new listings reduced, the demand and value of properties in Saskatoon continued to show resilience and growth.

When tuning into national TV or flipping through major newspapers, it's clear that a lot of their housing coverage centers around big Canadian cities like Toronto and Vancouver. But it's crucial to remember that what happens there doesn't always mirror our local market in Saskatoon.

Here's a fun fact: even with the current prices and those interest rates, Saskatoon stands strong as one of the top three most affordable spots to live in Canada. If those rates take a dip? With so many people eyeing our homes, prices could go up even more.

So, what's the play? You could buy now, lock in a decent price, but face that slightly higher interest rate. Or, wait it out, hoping for a lower rate but risk paying more for the house itself. If you choose the waiting game, remember you'll be shelling out more upfront and miss out on a few good years of paying down that mortgage. Contact us if you have any questions about the current market in Saskatoon, or if you're planning to buy or sell.

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟
Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email: jtait@realtyexecutives.com

Ross Tait
📞 Phone: 306-230-2338
📧 Email: rtait@realtyexecutives.com

🌐 Website: www.taitrealestate.ca

Reach out today and let's make your property dreams a reality in the heart of Canada!

Read

Saskatoon Real Estate Market Update - August 2022

We’ve recently seen several national news headlines talking about how Canada’s housing market is declining and home sales and prices are dropping.

So should you be worried? What does this really mean for you?

This month, we are going to dig into the news headlines and share what you really need to know about the current market conditions.

Here are some National Headlines from the past week:

A Global News article stated that “Canadian home prices were down 23% in July from February peak”
The Financial Post had a headline that said “Bottom still a ways off for Canada's housing market”
CTV News posted that “Canadians cope with a correcting housing market”.

If you were to rely on these national headlines alone for market information, you would likely conclude that market conditions all over Canada are declining rapidly. But you need to keep in mind that all of these headlines are based on National averages, not data specific to Saskatoon and surrounding area. We want to show that when you focus more locally, into the Saskatoon real estate market specifically, the statistics definitely tell a different story.

For example, when you compare the change in average sales price from July 2021, to July 2022 on a National level the stats show that prices have gone -5% across Canada.

But when you zoom into Saskatoon’s market, average prices have actually increased by 6.5% over the last year. That's an 11% swing between the national averages and the local Saskatoon averages. So this is just one example of why you shouldn’t always rely on national headlines to guide local market decisions.

Also, when you compare Saskatchewan’s housing prices compared to pricing across the rest of the country, Saskatchewan is actually the third most affordable province in all of Canada. In June 2022, the average home price in Saskatchewan was $333,400.00. In BC the average home price was a whopping $947,216.00 and in Ontario it was $881,475.00. You could almost buy 3 homes in Saskatchewan for the price of one home in BC or Ontario.

When you look at predictions for the housing market, many experts will agree that nationally we can expect to see the average home price decrease by as much as -12% by the Spring of 2023. In markets like BC and Ontario, RBC has stated that they think we could see declines that exceed 14%, but in Saskatchewan we will likely only see dips in prices of around 3%.

So just remember, the next time you hear a national news headline that is claiming that the sky is falling and the housing market is headed for the toilet, remember that you need to look closer into your local market statistics here in Saskatoon to get a better picture as to what is really going on and how it will affect you.

If you see an article on the news and you have questions as to how it relates to our local market, we are always happy to go over the data with you to give you a more accurate picture of our market landscape.

Tait Real Estate - Realty Executives Saskatoon
Jamie Tait - 306.203.0004 - jtait@realtyexecutives.com
Ross Tait - 306.230.2338 - rtait@realtyexecutives.com

Read

Saskatoon Real Estate Market Update - June 2022

Summer is almost officially here, and the weather is getting hotter in Saskatoon! Should you expect the market to slow down in summer because people are away on holidays? Are rising interest rates changing the local market conditions?

We know you have questions…so we’ve put together our Summer 2022 Real Estate Market Preview! We are going to review the current market stats, share our analysis of the current market conditions and give our predictions for the summer season… so that you have the information you need if you’re planning to buy or sell in Saskatoon.

Sales are staying strong in Saskatoon!

In May, there were 541 home sales which represents a slight decrease in sales of -5.4% compared to May 2021, where we saw 572 sales. But this is still a very high volume of sales if you compare it to pre-pandemic levels.

People commonly assume that the real estate market slows down in the summer months due to people being away on vacation. But we expect the market to stay strong throughout the summer. We are still seeing lots of buyers in the market looking for homes to purchase.

In our experience, since everyone is so connected now with their phones and better rural wifi access, most of our clients are still checking their emails for listings while they are on vacation or at the lake. Plus, most people are only gone for a couple of weeks at a time, not the whole summer. As well, most of our listing and purchase documents are signed electronically now so if you’re away you can still sign an offer from wherever you are.

We’ve also seen some urgency from buyers recently due to rising interest rates. Some buyers want to purchase a home sooner rather than later, so that they can lock into a lower interest rate before more interest rate hikes happen.

We think that summer is still a great time to get your home on the market. Especially since inventories are still relatively low in Saskatoon.

Inventories are still low!

There were 1190 active listings as of June 3rd, and there were 858 listings added to the MLS in May. This means that new listings were down -15.6% compared to May of 2021.

This lower supply of homes means that there may be more competition and homes may sell faster.

As always, if you would like any information on buying or selling your home, or about the real estate market in general in Saskatoon, don’t hesitate to contact either of us.

Thanks and see you next month!

SASKATOON REAL ESTATE MARKET STATISTICS
As of June 3rd, 2022

Total Active listings: 1190
New listings in March: 858
Single Family Homes: 746
Condos: 444
Apartment Style Condos: 300
New Listings are down -15.6% compared to May 2021

Sales in March: 541
Sales are down -5.4% compared to May 2021

Average Sale price: $367,504
Average Sales Price is up -0.01% compared to 2021

Tait Real Estate - Realty Executives Saskatoon

Jamie Tait - 306.203.0004 - jtait@realtyexecutives.com

Ross Tait - 306.230.2338 - rtait@realtyexecutives.com

Read

Saskatoon Real Estate Market Update - April 2022

As you’ve likely heard, the real estate market in Saskatoon and area, remains very strong and many homes are selling quickly. Here are some tips on what we think you need to know as a buyer or a seller in today’s fast paced market.

Anytime you’re buying or selling a home, being prepared is important. When homes are selling quickly, like they are right now, being prepared is essential.

Be Prepared

For buyers, that means it’s really important to have gone through the mortgage pre-approval process. When interest rates are fluctuating, you should touch base with your lender every week or two to make sure that nothing has changed in your mortgage situation and everything is ready to go when the perfect home comes along.

Some homes are going over the asking price. Having confidence in your financing will help prepare you to act quickly and help make you more comfortable making an over-asked offer if the situation warrants it. When you are in an over-ask offer situation it is a good strategy to look at what you are comfortable paying in a monthly payment and work backwards to see what that looks like as a total purchase price .Your mortgage advisor will be able to help you with this process.

Time Management

Time management is key. This means not only being able to get out and look at homes as soon as possible but also being able to make a decision fairly quickly about putting in an offer on a home.

Make a plan

For sellers, there’s a few things you need to know when homes are selling at a faster pace. You might get a number of requests for showings in the first few days that your home is on the market. Having a plan to be out of the house can be very helpful. Obviously everyone’s home life varies but flexibility around showings can help get your home seen by more potential buyers.

Having all of your documents in line and your home clean and ready for showings is essential to put your best foot forward.

With some homes we are experiencing multiple offers. We will be able to walk you through this process and why one offer might be stronger than another.

One of the questions we often get asked is “when is the best time to put my home on the market?” In today's market the answer is right now! We have low levels of inventory in all price ranges and the market would love more listings.

If you are looking to buy or sell a home, we would be happy to help. Feel free to reach out to one of us with any questions you have.

See you next month!

SASKATOON REAL ESTATE MARKET STATISTICS
As of April 3rd, 2022

Total Active listings: 1000
New listings in March: 733
Single Family Homes: 560
Condos: 440
Apartment Style Condos: 311
New Listings are down -21% compared to March 2021

Sales in March: 491
Sales are down -13.4% compared to March 2021

Average Sale price: $370,133
Average Sales Price is up +2.22% compared to March 2021

Read

Saskatoon Real Estate Market Update - March 2022

I’m sure you’ve heard that interest Rates are increasing in Canada…so what does this mean for you? This week we will share what you need to know about how interest rate hikes will affect the Saskatoon Real Estate Market.

This week, for the first time since 2018, the Bank of Canada raised its key lending rate by 25 basis points to try to control the growing rate of inflation.

You may be wondering what this means to you?

In the coming days, banks and other financial institutions will likely increase their prime lending rate. RBC and TD Bank already hiked their prime rates to 2.7% from 2.45% effective March 3.

Variable Rate Mortgage

If you currently have a variable-rate mortgage, you will start to see your rates increase with a slightly higher monthly payment.

Fixed Variable Rate Mortgage

If you have a fixed variable-mortgage payment, more of your payment will go towards interest rather than towards the principal.

Fixed Rate Mortgage

If you are currently locked into a fixed-rate mortgage you won’t see any change to your monthly payments until you go to renew your mortgage at the end of your term.

New Buyers

If you're a new buyer looking to get a new mortgage, you shouldn’t worry too much at this point. Your buying power is still likely strong even with the rate increases, and interest rates are still lower than they were pre-pandemic. The increase you might see in your monthly payment is still relatively small. For example, the average $500,000 mortgage holder will only pay an extra $58 per month moas a result of the latest hike.

As always, if you have any questions about the real estate market, feel free to get in touch with us.

Tait Real Estate - Realty Executives Saskatoon

Jamie Tait - 306.203.0004 - jtait@realtyexecutives.com

Ross Tait - 306.230.2338 - rtait@realtyexecutives.com

Read

Saskatoon Real Estate Market Update - February 2022

If you’ve been considering buying or selling a home in Saskatoon and surrounding area, there are some KEY things you need to know about the real estate market right now!

The stats from January are in, here are two key points to know right now:

1) Inventories are REALLY LOW.

As of February 1st, there were only 848 active listings on the MLS. 436 are single family homes and 416 are condos.

To compare, on February 1st of 2021, there were 1026 active listings on the MLS and 496 of those were single family homes. That’s a reduction in listings of almost 12% compared to last year - and we thought listings were low at this time last year!

2) Sales are staying strong despite low inventories

In January there were 244 sales for the month. This number is down about 11% compared to the same time in 2021, but if you consider the lack of inventory we are experiencing right now this number is still very strong. In fact, this is still higher than sales in January of 2020 where we only saw 219 sales that month.

What does this mean for a seller?

When you combine those two factors - lack of supply and high demand, it creates the ideal conditions to sell your home and the value for your home is increased. If you’ve been considering selling your home, do not hesitate. Let's talk about getting it on the market now to take advantage of the current market conditions.

What does this mean for a buyer?

Lack of supply does make it a bit trickier to find exactly what you're looking for on the market. One strategy that you might want to consider in this market is buying or building a new home with a reputable home builder.

Jamie and Ross have represented North Prairie Developments at the Meadows in Rosewood for the past 4 years. They have a large supply of new lots and floor plans that are available.

When you buy a new home through a builder, compared to buying a used home, you will likely have to compromise less and you will get more of what you want since you can choose the layout and finishings that suit your needs.

You also get the benefit of everything being shiny and new and having a new home warranty protecting your investment. This means that if you experience issues with your home it will be covered by your warranty within a certain time period.

You can either buy a pre-built spec home or build a home with a builder. When you buy a spec home, because it is fully developed and available to be purchased with an immediate possession, you won’t have the opportunity to customize the home to your taste or specifications.

If you choose to build a home with North Prairie Developments it typically takes around 6 months to build. You will get to choose from a variety of floorplans at various sizes, price points and you will also likely get to select some of the finishings that you want to see in your dream home. Keep in mind that not all builders allow those custom changes.

If you are looking to sell your existing home and buy or build a new home, you should work with someone who knows the in’s and out’s of the home building process.

Jamie and Ross both have extensive knowledge of residential home construction and renovations. Ross has over 25 years experience in residential construction and Jamie started his career as a journeyman carpenter.

After working as a carpenter, Jamie eventually decided to transition his skills and knowledge of residential construction into real estate. Jamie has been specializing in new home sales with various home builders over the past 12 years.

As Realtors who specialize in new home sales, Jamie and Ross can help you navigate the planning and building process, strategically plan when to list your existing home and help to negotiate a possession date that will work within the time frame of your new home build. This way you can seamlessly transition from one home to the next.

If you are interested in getting any more information on how to get started, please reach out to us and we’d be happy to help!

Read

Saskatoon Real Estate Market Update - December 2021

If you’ve been thinking about selling your property in Saskatoon or the surrounding areas, this is the time to pull the trigger. Keep watching and we’ll explain the two main reasons why…

Going into early 2022, inventories of single family homes will be EXTREMELY low, sales volumes are staying VERY high for this time of year, and interest rates are still low…for now. Which means that the value of your home RIGHT NOW may be worth more than it’s going to be for the foreseeable future.

Let’s break this down for you…

Reason #1 - Low Inventories of single family homes

When we look at the current market stats in Saskatoon, it is evident that there is an extreme shortage of single family listings on the market. As of December 7th, there were only 985 active listings on the MLS and only 520 of those are single family homes. This is 105 fewer single family homes listed than there were at the beginning of December in 2020, which is a decrease in single family listings of around 16.8%.

We expect this shortage of inventory to continue into the first quarter of 2022, but we will see more homes hitting the market in the spring as we usually do, which is why your home will have less competition right now than it might in the future.

Reason #2 for listing your home now - Demand is high

There are still lots of buyers out there looking for good quality single family homes. The stats show that home sales are up 29% year to date compared to 2020. We are also hearing that interest rates are likely going to be increasing several times in the new year due to the high inflation rates, so that's putting additional pressure and urgency on buyers to purchase a home sooner rather than later.

The next several months will have the least amount of inventory and the highest demand that we might see over the next year. When you combine those two factors - lack of supply and high demand, it creates the ideal conditions to sell your home and the value for your home is increased. So again, if you’ve been considering selling your home, do not hesitate. Let's talk about getting it on the market now to take advantage of the current market conditions.

Well, that's it for now. We hope you all have a wonderful holiday season and a very happy new year. We will see you in 2022!

Happy Holidays!

Tait Real Estate - Realty Executives Saskatoon

Jamie Tait - 306.203.0004 - jtait@realtyexecutives.com

Ross Tait - 306.230.2338 - rtait@realtyexecutives.com

Read

Saskatoon Real Estate Market Update - November 2021

With the cooler temperatures outside, you would normally expect to see the real estate market cool off...but that is definitely not what we are seeing this month.

As of November 22, there were 1095 active listings on the MLS. 600 were single family homes, 495 were condos, and 317 of those condos were apartment style. This is a very low number of listings for this time of the year. To compare, single family homes were down -55% compared to this same time in 2019, and listings were down -22% compared to this same time last year.

We believe that this low level of active listings will continue to decrease. We expect around 71 listings to expire in the next week, and we’ve been seeing over 100 sales per week for the last several weeks. The volume of new listings is not keeping up with the volume of new sales.

This means that if you have a property to sell in this market, it will be competing against fewer homes in the market. Which means your house will likely have more interest and sell quicker.

Sales have also continued to be very strong as we head into winter. As of November 22, there were 302 sales for the month of November. This is up +64% compared to this same time in 2019, and up +19% compared to last year at this time.

We commonly hear from clients that they think they should wait until spring to get their home on the market...but December is actually a great month to sell your home.

Historically, because there are fewer listings on the market, December has some of the highest Sales-to-List ratios of the year. Sales-to-list ratios measure supply and demand by simply dividing the number of sales by the number of new listings. It is a good indicator of the speed at which homes are selling.

When you average out the sales-to-list ratios for the last 3 years, you have an average overall sales-to-list ratio of 42.4%, but in December the average goes up to 61.2%.

This means, over the last three years, December has provided homeowners a 18.8% greater opportunity to sell their home compared to the rest of the year.

Based on the even lower number of listings we’ve seen in November compared to the last couple of years, we may find that this December proves to be a great month to sell your home.

There is still time to get your home on the market to take advantage of the December upswing. If you have any questions about this info, or the current market conditions, we would be happy to go over everything with you.

Thanks and see you next month!

Tait Real Estate

Jamie Tait - 306.203.0004 - jtait@realtyexecutives.com

Ross Tait - 306.230.2338 - rtait@realtyexecutives.com

Read

Realty Executives Saskatoon

2024 in Review

A Look Back at 2007

What to Expect in 2025

What This Means for Sellers

What This Means for Buyers

Let’s Chat!

Current Market Overview

Listings and Pricing Trends

Record High Prices

Market Dynamics

Advice for Buyers and Sellers

Conclusion

Realty Executives Saskatoon

Location

Contact