Henry Moulin ABR, CRES

Saskatoon, SK | 306-221-9221 | henry@saskatoonrealestate.com

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Positive Indicators in Saskatoon Home Market

Year to date, the Saskatoon home market shows positive signs in a few of the key indicators. “There are a few key statistics that we watch ever month to get a sense of where our market is at and where it may be headed” according to Jason Yochim, CEO of the Saskatoon Region Association of REALTORS® .“We keep a close eye on the number of transactions, the inventory levels and the change in pricing.” He adds. 

Year to date home sales are up 4% over 2016 with 558 unit sales. This is comparable to the number of home sales in 2015. The total dollar volume for those sales was just over $186 million, representing a 2% increase over last year. At the end of February, the inventory level for available residential property on the MLS® system in Saskatoon was 1,659 units, 5.4% lower than last year. The lower inventory levels are largely due to a significant drop in the number of new listings added to the MLS® system. So far this year there have been 1,337 new listings in the system compared to 1,410 last year. When comparing new listings for the last month, there were 15.7% fewer properties added to the market this past February than last February. 

A decline in new listings coupled with an increase in sales resulted in a sales-to-listing ratio of 37.4%in February. This is a significant increase from last February where this ratio was 30.9%. A market with a sales-to-listing ratio below 40% is considered to be a solid buyers market. This indicates a positive move towards a more balanced market. “Although we are seeing these positive indicators quite early on, these statistics indicate a shift in the marketplace in a positive direction,” comments Yochim. 

Home prices remain relatively unchanged year to date with the average price down a mere 0.7% to just under $340,000. The median price of $320,000 represents a slight drop of 1.6% year over year. The Home Price Index (HPI) is considered to be the most accurate measure of home values and where the market prices are trending. The HPI composite price is an aggregate of various residential home types in a particular market and is a measurement of change in value over time. A composite value was established with a base year and has been indexed on a monthly basis. The composite value in February was $297,900 representing a 1.2% decrease from a year ago. This value had been on a downward trend since mid-2016 which is not surprising considering elevated inventory levels through the year and a buyers market. 

The average number of days for a home to sell in Saskatoon was 54 days. This is only slightly longer than in 2016 with an average of 52 days. Because today's real estate buyers are well educated on the market, homes are selling at 97% of their asking price which is consistent with last year. 

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Friday, February 24, 2017

U of S Huskies Volleyball VS Tru Wolfpack

Physical Activity Complex – 87 Campus Drive

Time: Women- 6:00 pm, Men- 8:00 pm

Price: Adult - $13.00 Youth - $7.00

Website: huskies.usask.ca

 

Saskatoon Blades VS Prince Albert Raiders

SaskTel Centre – 101-3515 Thatcher Ave

Time: Starting at 7:05 pm

Price: $19.00 - $31.00

Website: www.saskatoonblades.com

 

Joey Landreth

The Bassment – B3 202-4th Ave N

Time: 8:00 pm

Website: thebassment.ca

 

Saturday, February 25th, 2017

U of S Huskies Volleyball VS Tru Wolfpack

Physical Activity Complex – 87 Campus Drive

Time: Women- 6:00 pm, Men- 8:00 pm

Price: Adult - $13.00 Youth - $7.00

Website: huskies.usask.ca

 

SSO Presents Sibelius Symphony No.5

TCU Place – 35 -22nd St E

Time: 7:30 pm

Price: $15.00 - $66.00

Website: saskatoonsymphony.org/event/sibelius-symphony-5/

 

Saskatchewan Rush VS Calgary Roughnecks

SaskTel Centre – 101-3515 Thatcher Ave

Time: Starting at 7:30 pm

Price: $25.00 - $69.00

Website: www.saskrush.com

 

Mardi Gras

St. Anne’s Parish Hall – 217 Lenore Drive

Time: Cocktails start at 6:30 pm

Price: $75.00 ($50.00 tax receipt)

Website:  saintannes.ca/mardi-gras-saturday-february-25th

 

Sunday, February 26th, 2017

Saskatoon Blades VS Moose Jaw Warriors

SaskTel Centre – 101-3515 Thatcher Ave

Time: Starting at 4:05 pm

Price: $19.00 - $31.00

Website: www.saskatoonblades.com

 

Mid Winter Arts and Craft Sale

German Cultural Centre – 160 Cartwright St E

Time: 10:00 am – 4:00 pm

Price: Free

Website: saskgerman.com

 

 

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Friday, February 17th, 2017

Culture in the Kitchen – Germany Meets Vietnam

Marion M. Graham Collegiate – 602 Lenore Drive

Time: 6:30 pm – 9:30 pm

Price: $20.00 per person

Website: www.saskgermancouncil.org/

 

Saturday, February 18th, 2017

Saskatchewan Rush VS Colorado Mammoth

SaskTel Centre – 101-3515 Thatcher Ave

Time: Starting at 7:30 pm

Price: $25.00 - $69.00

Website: www.saskrush.com

 

Monday, February 20th, 2017

Measha Brueggergosman Presents Songs of Freedom

Broadway Theatre – 715 Broadway Ave

Time: 7:30 pm

Website: broadwaytheatre.ca

 

Ongoing

February 16th – 19th, 2017

Saskatchewan Equine Expo

Prairieland Park – 503 Ruth Street W

Time: 9:00 am – 9:00 pm

Website: www.saskatchewanequineexpo.com

 

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Friday, February 10th, 2017

Saskatoon Blades VS Moose Jaw Warriors

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:05 pm

Price: $19.00 - $31.00

Website: www.saskatoonblades.com

 

U of S Huskies Volleyball VS Calgary Dinos

Physical Activity Complex – 87 Campus Drive

Time: Women – 6:00 pm, Men – 8:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

U of S Huskies Women’s Hockey VS Lethbridge Pronghorns

Rutherford Rink – 69 Campus Drive

Time: Starting at 7:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

Saturday, February 11th, 2017

Ballet in the Studio Performance – Canada’s Ballet Jorgen

The DSI Centre – 205A Pacific Ave

Time: 7:30 pm – 9:00 pm

Price: Student - $15.00, General - $20.00

Website: www.balletjorgencanada.ca/index.cfm?pagepath=Events_Calendar/BITS_Saskatoon&id=79668

 

Crossmount Princess Ball

The Glen at Crossmount - #10 Glen Road

Time: 4:00 pm – 8:00 pm

Price: $100 for 1 child and 1 adult

Website: theglenatcrossmount.ca/program/princessball/

 

Saskatoon Blades VS Brandon Wheat Kings

SaskTel Centre – 101-3515 Thatcher Ave

Time: 7:05 pm

Price: $19.00 - $31.00

Website: www.saskatoonblades.com

 

U of S Huskies Volleyball VS Calgary Dinos

Physical Activity Complex – 87 Campus Drive

Time: Women – 6:00 pm, Men – 8:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

U of S Huskies Women’s Hockey VS Lethbridge Pronghorns

Rutherford Rink – 69 Campus Drive

Time: Starting at 7:00 pm

Price: Adult - $13.00, Youth - $7.00

Website: huskies.usask.ca

 

Valentine Extravaganza – Team Diabetes Fundraiser

St. Patrick’s Parish Centre – 3339 Centennial Drive

Time: 10:00 am – 4:00 pm

Price: $10.00

 

Monday, February 13th, 2017

Warm Your Heart for Diabetes!

Boffins Public House – Innovation Place 106 – 111

Time: 5:30 pm

Price: $100

Website: diabetes.ca

 

Tuesday, February 14th, 2017

Valentine’s Wine and Appetizer Tasting

The Bassment – B3 202 4th Ave N

Time: Doors Open at 7:30pm, Tastings and Music 8:00 pm

Website: thebassment.ca/event/wine-appetizers-song/

 

Ongoing

February 10th – 11th, 2017

2017 Canada West Wrestling Championship

Education Gym – 58 Campus Drive

Time: All Day

Website: www.huskies.usask.ca

 

February 11th – 12th, 2017

Broadway in Love 3

The Bassment – B3 202 4th Ave N

Time: February 11th – 8:00 pm, February 12th – 2:00 pm

Price: $22.00 - $27.00

Website: https://apps.vendini.com/ticket-software.html?t=tix&e=79051ecefef8cb183fecd2ce0367ab73

 

February 11th – 12th, 2017

This is That Live!

Broadway Theatre – 715 Broadway Ave

Time: 8:00 pm

Website: broadwaytheatre.ca

 

 

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Categories: 100 Years Ago | 100th Anniversary of our Lady of Fatima | 150th Anniversary | 18th Season | 2016 | 2016-2017 | 2017 | 2017 17U & 18U Boys Volleyball Championship | 2017 Canada West Wrestling Championship | 2017 Canadian Junior Long Track Speed Skating Championship | 2017 Knights of Columbus Indoor Games | 2017 Provincial Gymnastics Championship | 2017 Yonex Canadian Badminton National Championships | 2nd Ave Sidewalk Sale | 3 Fresh Ways to Add Value to Your Home | 5K Foam Fest – Canada’s #1 Fun Run | 6 Ways to Save On Paint | A Christmas Carol | A Night with the King | A Taste of Saskatchewan | A Very Vintage New Year’s Eve with Rose & The Riveters | A Victorian Sewing Circle at the Marr Residence | Abiding Lines Dance Company Presents the Girl with Kaleidoscope Eyes | April | Are You Ready to Buy a Home? | Artist’s Workshop Show & Sale | Artwork by Valerie Munch and Kevin Peeace | Asian Basketball Association Summer Slam 2017 | Avalawn Affair | Average Home Selling Price Stable | Awnings | Baby Boomers | Back of the Bus | Ballet in the Studio Performance – Canada’s Ballet Jorgen | Barra Macneils Christmas Tour 2016 | Bartari Foodtruck Wars | Beck | Blast in the Park! | Boom | Brad Paisley | Bret Higgins’ Atlas Revolt | Broadway in Love 3 | Burning Love! Rory Allen’s Tribute to Elvis | Buyers | Buying the Expensive Brand | Cakes in the City | Canada | Canada Screams for Ice Cream | Canadaland Guide to Canada Live | Canadarm Challenge with the Saskatchewan Science Centre | Canadian Baton Twirling International Cup Qualifier | Canadian Classics Twisted – Cooking Class | Canadian Real Estate Association | Can’t Be Stopped | Check Local Recycling Centers | Chitravali | Christmas | Cody Peters Gala Banquet | Coldwell Banker Signature | Competitive Market for Some Home Sellers | Cross-Canada Vimy Centennial Tour | Crossmount Princess Ball | Culture in the Kitchen – Germany Meets Nigeria | Culture in the Kitchen – Germany Meets Vietnam | Curtains | Dance on the Saskatchewan | Dean Brody | December | Dominion by Andrea Ledding | Don't Rush for the Color | Easter Week at the Creek | Economy is Stable | Emergency Funds | Enchanted Forest | Facts | Family Day at the Zoo | Family Fun Day | Featuring Artwork by Laurel Rossnagel and Dave Bauml | Featuring Artwork by Michael Lonechild and Laurel Schenstead-Smith | Featuring Work by Paul Jacoby and Cecelia Jurgens | February | Fernanda Cunha | Festival Fete Franksaskoise | Festival of Trees | FIBA 3X3 World Tour Masters | Financially Sound. | Firefly Night Hike | Flatlands Collective Pop-Up Market | Folkfest ‘17 | Forestry Farm | Free Admission | Free Campus Tours in June, July, & August | Garage | Garage Sale | Generation X | George Canyon | Going to Graceland | Gone Wild for Wildlife | Great Canadian Kilt Skate Saskatoon | Growth | Gutsy Walk for Crohn’s And Colitis | Harpoon in June: A Burlesque Show | Heidi Munro | Henry Moulin | Henry Moulin & Associates | Heritage Festival of Saskatoon | Home Price Index | Ideas on Tap: Building Brand Voice: The Link Between Storytelling and Marketing | Illuminate the Walls | Interesting Facts | Interior Shutters | International Saskatchewan Salsa & Bachata Congress | International Symposium | Ironwood Quartet at Ritonello 2017 | Jack Semple & Dave Chobot | Janaury | January | Jessica Robinson: An Evening with Eva | Joey Landreth | July | June | Kids in the Kitchen (Level 2) | Know the Finishes | Labels | Lights | Little Stone Schoolhouse Open House | Location Interest | Long Term Goals | March | March for Science | Mardi Gras | May | Measha Brueggergosman Presents Songs of Freedom | Melony Gibbs with the Maurice Drouin Orchestra | Mid Winter Arts and Craft Sale | Millennials | MLS | MLS® | MLS® Home Price Index® | MLS® Monthly Home Price Index | Month Stats | Monthly Stats | Mother’s Day with Mistral 5 | Moving | Naturecity Festival | Ness Creek Music Festival | Nest Secret Garden Tour | New Years in New Orleans | New Year’s Eve Celebration | Northern Lights Bluegrass and Old Tyme Music Festival | November | October | Optimist Canada Day Celebrations | Our Collective Threads: Saskatchewan People in Canada | Oysters and Lobsters 101 – Cooking Class | Parks Canada | Pets in the Park | Pion-era | Pizza Party with the Cure – Cooking Class | Policies | Potashcorp Children’s Festival of Saskatchewan | Potashcorp Wintershines Festival | Race for Kids | Real Estate Agent | Real Estate Trends | REALTOR® | Research | Restless Gypsy Open House | Rock 102 Show & Shine Weekend | Rock the River | Rockridge Gospel Music Festival | Royal Canadian Circus “Under the Big Top” | Salute to Vienna New Year’s Concert | Saskatchewan Equine Expo | Saskatchewan Marathon | Saskatchewan Rush VS Calgary Roughnecks | Saskatchewan Rush VS Colorado Mammoth | Saskatchewan Rush VS Toronto Rock | Saskatoon | Saskatoon Blades | Saskatoon Blades VS Brandon Wheat Kings | Saskatoon Blades VS Moose Jaw Warriors | Saskatoon Blades VS Red Deer Rebels | Saskatoon Blades VS Regina Pats | Saskatoon Events | Saskatoon Home Market | Saskatoon Makerspace BBQ with Fab Labs Nation | Saskatoon Pride Festival | Saskatoon Reggae World Music Festival | Saskatoon Region Association of REALTORS® | Saskatoon Region Association of REALTORS®. | Saskatoon River Rendezvous 150 Festival | Saskatoon Rush | SaskatoonRealEstate | SaskatoonRealEstate.com | SaskTel Saskatchewan Jazz Festival | Scott Cook | Scribble Bots with the Saskatchewan Science Centre | Sellers | Shakespeare on the Saskatchewan | Sharp Tailed Grouse Dance | SJO: Changing Seasons 2017 Featuring Mark Fewer | Soul to Sole Retreat | SSO Presents Mozart Festival | SSO Presents the Music of Star Wars | Summer | Summer Carnival | Supplies | Sustainable Development | The 5 Year Rule | The Deep South – Cooking Class | The Eisenhauers | The Little Mermaid the Musical | The Marr Residence Music in the Garden | The Walk to Fight Arthritis | This is That Live! | Tim McGraw & Faith Hill: Soul 2 Soul World Tour | Tips for Your Household | Tips to Help | Top of the Hops – Grapes and Grains | U of S Huskies | U of S Huskies Basketball VS Alberta | U of S Huskies Men’s Hockey VS Manitoba Bisons | U of S Huskies Volleyball VS Calgary Dinos | U of S Huskies Volleyball VS Tru Wolfpack | U of S Huskies Women’s Hockey VS Lethbridge Pronghorns | Using a Primer | Valentine Extravaganza – Team Diabetes Fundraiser | Valentine’s Wine and Appetizer Tasting | Vesna Festival | Warm Your Heart for Diabetes! | Weekend Events | Western Canadian Arabian Breeders Horse Show | Wind Cars with the Saskatchewan Science Centre | You are Debt Free | You can Afford a Down Payment | You can Afford Associated Fees
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Henry Moulin

Contact Me Anytime!

Cell: 306-221-9221

Office: 306-933-0145

Coldwell Banker Signature

345 4th Ave South

Saskatoon,SK S7K 1N3

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