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Saskatoon, Saskatchewan MLS® Real Estate Statistics for April, 2016

Sunday, May 1st, 2016

Correct MLS Monthly Stats Picture

In 2007, pricing your home to market was not a factor as prices were escalating on almost a daily basis. The demand was so strong that within reason one could name their price and get it almost without delay. Current high inventory levels offer buyers more selection and reduce urgency to act. The result is the average home in Saskatoon takes 46 days to sell, an increase of 15% over the five year average. The sales to listing ratio currently sits at 34.4% which means that four homes sell for every 10 that come on the market. The homes that are selling are seeing sale prices in the neighborhood of 97.2% of the asking price. “Homes that sell do so because they are priced to the current market” comments Jason Yochim, CEO of the Saskatoon Region Association of REALTORS. With online access, buyers are educated and are not likely to pay more than current market conditions dictate. “Without expert advice it is very difficult to know where the price of a particular home fits into the market.” He adds.

The average year to date sale price has decreased from $351,384 to $344,249, a 2% decline. More importantly, the median price has declined by 3.3% to $330,800 from $342,000. The CREA Composite Home Price Index continued its downward trend with a year over year decline of 2.4%. This is the most accurate indicator of where the market is trending. It had been declining slightly since July of 2015 until February of this year when the trend started to reverse upward. This is due mainly to increased sales in the spring market combined with a slowing of new homes coming into the market. Currently there are 1,965 residential listings for sale in Saskatoon, this is an increase of 1.6% over the same time last year. “Homes sell in any market, there is a right price for every home, in every area in every condition. In my opinion, if more of our current inventory was priced to closer to market it would sell within the average days on market and ease the inventory levels.”

The total number of sales at the end of April for Saskatoon was 1,091, a 6% decline compared to the same period last year and 12% below the five year average. The total dollar volume however was down 7.8% to $375.5 Million for the first four months of the year.

Properties in the market surrounding Saskatoon, which includes rural residential property, the cities of Warman and Martensville and smaller bedroom communities, have experienced a 13.4% decrease in unit sales year to date with 290 sales. The total number of active listings was up 8.4% to 1,152 properties. The average selling price in the surrounding market declined by 1.6% over the same period last year to $312,251. The most notable statistic is the sales to listing ratio of 24.9%, a 14% decline over last year which is firmly a buyers’ market.

Sound pricing and timing advice can be provided by one of the 640 professionally licensed and trained REALTOR® members of The Saskatoon Region Association of REALTORS®. REALTORS® also subscribe to a strict code of ethics and are dedicated to developing professional standards and continuing education in the real estate profession.

9 Reasons to Sell Your Home This Holiday Season

Wednesday, December 16th, 2015

White-Christmas-House-With-Decorations

  1. Buyers are a lot more serious during the holiday season.
  2. Buyers have less houses to choose from as not a lot of people want to sell their homes during the holiday season, this will help your house stand out even more.
  3. If you wait till January to sell your home, there will be more houses on the market, meaning more competition for you.
  4. Your house is already decorated and staged because it’s the holiday season. Homes usually always look their best during the holiday season, as most people tend to host dinner parties and/or love to decorate for Christmas.
  5. Buyers have more time to look at houses then they do during normal work weeks because they have taken holidays.
  6. The end of the year is typically when some people are told they will be moving because of a job offer. These people will need a home sooner rather than later, and will definitely be looking during the holidays.
  7. Some buyers can be in a bind where they have to buy a house by the end of the year, due to tax reasons.
  8. Realtors’ understand that the holidays can be a bit more hectic than any other time during the year, so you can restrict showings times so that you can host certain dinner parties and get-togethers without any interruptions.
  9. The market is slow compared to spring when everyone wants to sell, this means that you have less of a wait time when you book home inspections, appraisers and sub-contractors.

Alan Thicke and Coldwell Banker, Part 3

Monday, May 7th, 2012

The last commercial that Canadian comedian  Alan Thicke and Coldwell Banker did together; The Truth about Bulls.  Do bulls actually hate the colour red?  Is Coldwell Banker a bank? Find out all the answers to these questions right here!  Take a peek!

Alan Thicke and Coldwell Banker, Part 2

Tuesday, May 1st, 2012

Last week you learned the truth about the light bulb from none other than Canadian comedian Alan Thicke.  This week, Thicke and Coldwell Banker tell you the truth about George Washington.  Enjoy!

 

Alan Thicke and Coldwell Banker, Part 1

Wednesday, April 25th, 2012

Everyone knows who Alan Thicke is.  He’s Canadian.  An actor (Growing Pains), an established comedian, a composer (Wheel of Fortune original theme), and just a general, all- round good guy!  Well, Mr. Thicke has some truths to spill.  Thicke and Coldwell banker teamed up to make a few commercials about “The Truth”.  The light bulb, George Washington, bulls and Coldwell Banker.  Check out the truth about the lightbulb and Coldwell Banker!

Enjoy!

 

The Other Guys

Monday, August 15th, 2011

httpv://www.youtube.com/watch?v=WtaAX4Cw9MI&feature=relmfu

Tired of someone that doesn’t pay attention to you, tired of someone that just wants a pay cheque and does not look out for your best interest. Work with someone that cares. Click here to find that someone

Funny Real Estate Ads

Friday, June 10th, 2011

Selling your house your self can be painful but this bad ?

Ryan Bohle RE/MAX Saskatoon Real Estate

Henry Moulin & Associates

301 Central Avenue, Saskatoon, Saskatchewan, S7N 2E9
Tel: (306) 933-0145 | Fax: (306) 652-0929 | Email: Click Here

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