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Saskatoon real estate: Week in review (February 19-23 2007)

Here’s a brief statistical overview of residential sales as reported to the Saskatoon Real Estate Board MLS® system for the past week.

Notable changes over the previous week:

The percentage of listings which sold at the list price or above the list price increased from 48% to 56%.

The average selling price of a home exceeded the average listing price in four of five areas*.

The average overbid where listings sold over their list price increased 27% from $4,735 to $6,037.

Largest overbids

• 864 square foot Lakeview condo sells 10% over list at $113,000.
• 1,000 square foot Dundonald house sells 10% over list at $198,000.
• 975 square foot City Park house sells 10% over list at $170,000.

See a Google map displaying the boundaries of Saskatoon real estate “areas” here
Data collection and calculation for our statistical reports

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Follow our daily updates on Twitter @SaskatoonHomes.

Norm Fisher
Royal LePage Saskatoon Real Estate