Joel DyckReal Broker SK Ltd.
Saskatoon · From the topic map

How fast is the Saskatoon market moving right now?

Saskatoon is moving at a balanced-to-seller-leaning pace, per the Saskatchewan REALTORS Association's most recent release: 1.63 months of supply and 446 sales in the latest month, both signs of a market with more buyer demand than a classic slow market carries.

Months of supply, not a day count, is the reliable public measure of pace, and Saskatoon's current reading means active listings would clear in under two months if sales continued at the current rate and no new inventory arrived, a tighter number than a balanced market's usual range.

New listings are also running 12.3 percent above the same period last year, so more homes are coming onto the market at the same time buyers are absorbing them, which is a different story from a market that is simply short on supply.

Pace varies by price point and condition inside that citywide number, so how fast a specific house moves still depends on how it is priced and presented. Get your hand-reviewed valuation from Joel Dyck.

Get your hand-reviewed valuation from Joel Dyck.

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