May Real Estate Market Report Saskatoon
May saw a slight boost in New Listings but Inventory Levels remain the lowest we've seen since 2008. There is a continued upward pressure on prices, and a Market Home Sellers will benefit from.
Sales: 541 New Listings: 858 Inventory: 1181 Months of Supply: 2.18
May saw sales decrease by 5.4% from this time last year, new listings decrease by 15.6% from this time last year, and inventory down by 30.9% from this time last year to a 2.18 months of supply.
Here's a look at the May Real Estate Statistics for Saskatoon from the Saskatchewan REALTORS® Association.
If you would like to know what your home would be worth on today's market, give me a call, I'm happy to help you with that!
Have a fantastic day,