Lacy Watson Real Estate - Saskatoon REALTOR® - Market Updates

SASKATCHEWAN REAL ESTATE MARKETS REBOUNDING AS PROVINCE RE-OPENS: strong recovery expected

Posted on Jun 08, 2020

Saskatoon Sales in Saskatoon were down 22.7%, going from 422 in May 2019 to 326 in May 2020, and down 14.0% in the overall region, going from 515 to 443. In Saskatoon, sales were 15.5% below the 5-year average (and 21.6% below the 10-year average), while in the larger region, sales were 14.3% below the 5-year average (and 22.3% below the 10-year av...

SASKATCHEWAN REAL ESTATE MARKETS FARE BETTER THAN EXPECTED: poised to help boost provincial economy

Posted on May 14, 2020

Sales in Saskatoon were down 43.9%, going from 380 in April 2019 to 213 in April 2020, and down 44.9% in the overall region, going from 514 to 283. In Saskatoon, sales were 34.3% below the 5-year average (and 40.5% below the 10-year average), while in the larger region, sales were 35.1% below the 5-year average (and 42.9% below the 10-year average...

Saskatchewan Residential Real Estate Market sees little effect of COVID-19 in March

Posted on May 04, 2020

Sales in Saskatoon were up 6.2%, going from 258 in March 2019 to 274 in March 2020, and up 7.2% in the overall region, going from 346 to 371. In both Saskatoon and the region, sales were less than 2.0% under the 5-year average while they were more than 10% below the 10-year average. Year-to-Date (YTD) sales in Saskatoon rose 8.2% over last year, in...

Some residential markets moving towards balance, but the majority of the province favours buyers.

Posted on Mar 12, 2020

Saskatoon and region continued to show growth in the residential real estate market. Sales of 230 in the city were up 9% from 211 in February 2019, and the region saw sales grow 11% from 283 last February to 314. Sales were above the 5-year average of 295, but still below the 10-year average of 338. Year to date (YTD), sales were up over last year...

With a near province-wide buyer’s market, it’s a great time to buy real estate.

Posted on Feb 18, 2020

The Saskatoon market started the year off on a positive note. Sales in the city were up 9% to 219 from 201 in 2019, and up 6.2% in the region with 290 sales over last year’s 273. This is well above the 5-year average of 265 and 10-year average of 278.Sales dollar volume is also up – 18% in the city to $71.5M and 7.9% in the region to $90.2M.At the...

2019 ends on a positive note.

Posted on Jan 22, 2020

The Saskatoon residential housing market finished off on a positive note with yet another strong month of sales in December.In the city of Saskatoon, there were 203 sales in 2019, up 24.5 percent from 2018 where 163 sales were recorded. Sales volume also increased by 8.3 percent from $55.2 million in 2018 to $67.8 million despite a slight decrease...

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