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.