Jordan Boyes - Broker/Owner

Boyes Group Realty INC.


Looking Back on December in Saskatoon

Residential Home Sales Statistics

According to the Multiple Listing Service (MLS®), the December 2018 residential home sales in Saskatoon totalled 164 transactions.  This was a 20% drop from December 2017 which recorded 205 sales.  In contrast, the region surrounding Saskatoon had 43 sales which was only a 2% drop from the previous December.  In total for Saskatoon 2018, there was a recorded 3,329 units sold which was a 5% decline from 2017.  This marked a decline in the annual home sales in Saskatoon for the fourth consecutive year and a drop of almost 25% from 2014.  The surrounding region saw no change in total annual sales from 2014-2018.

In comparing the total dollar volume of December 2018 and December 2017, Saskatoon saw a reduction of 20%.  The 2018 total dollar volume of $1.108 billion was an 8% decrease from 2017.  Saskatoon and region had a 4% decrease from 2017 at $1.524 billion.

Saskatoon saw the continued trend of a decrease in the residential MLS® listing totals. There was an 11% reduction in listings in 2018 when compared to 2017.

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