Fall is finally upon us, the smell of pumpkin spice is in the air, and the real estate market has shifted - so what are they key things you need to know right now as a buyer or seller?

In September, there were 329 home sales which represents a decrease in sales of -16.9% compared to September 2021, where we saw 396 sales.

There were 1190 active listings as of October 3rd, and there were 590 listings added to the MLS in September. This means that new listings were down -9.4% compared to September of 2021.

This September, the average sales price in Saskatoon was $374,042 which is up 9.4% compared to this same time last year.

When we review these stats, it’s clear that sales have slowed down a bit and there are less listings on the market compared to last year. Even though the numbers are decreasing, we encourage you to think of the market as “back to normal” rather than “crashing” as many of the news headlines would have you believe.

The market over the last few...

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...

Your home may be the biggest purchase of your life, and caring for it is a big responsibility. Knowing how to maintain it can help you avoid costly repairs in the future. 

Once the ground has thawed and the trees begin to bud, it's time to prepare your home for spring. On top of your regular spring cleaning, you'll also want to consider these general upkeep tips. Use our spring home maintenance checklist to make sure your home is in tip-top shape:

1) Get your lawn ready for summer

Do you know what your lawn needs to look great all spring and summer? Jamie and Ross have teamed up with Nolan Fluter from Ideal Lawn Care in Saskatoon to share their top Lawn Care tips for spring and summer.

2) Manage the water around your house

Did you know that you should be cleaning out your gutters and adjusting the downspouts on your house at the beginning of each spring season. If you don't manage your water at the beginning of spring each year you could experience water issues and have water...

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...