Saskatoon Real Estate Market Stats - October 2023

Saskatoon Real Estate Market Stats - October 2023

he Saskatoon real estate market in October 2023 shows a dynamic landscape:

Active Listings: There were 898 active MLS listings

Sales Performance: Sales experienced a significant increase of 20% compared to the same month last year. Specifically, there were 382 sales, surpassing the 319 sales recorded during the same period last year. This reflects an increase of 63 units in sales. However, Year-To-Date (YTD) sales showed a slight decline of 0.12%.

New Listings: The market saw 513 new listings in October, a marginal increase of 1% from 510 listings in October of the previous year. Despite this monthly rise, there's an 8% decrease in new listings YTD.

Average Sale Price Trends: The average sale price for the month reached $385,765, marking a significant 13% increase from $340,466 in October of the previous year. On a YTD basis, the average sale price was $376,088, showing a modest increase of 2% from $370,019 in October 2023.

These statistics indicate a healthy demand in the Saskatoon real estate market, with a notable increase in monthly sales and average sale prices, despite a slight decrease in new listings and a minimal dip in YTD sales.

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

Jamie Tait
📞 Phone: 306-203-0004
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Ross Tait
📞 Phone: 306-230-2338
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