The average asking price of a listing in Saskatoon on Saskatchewan’s leading website for private home sales in 2013 was $375,876.
Home prices continued to slowly rise throughout much of Saskatchewan in 2013 as the province set new population records, and demand for housing continued to be strong.
The average asking price in Saskatoon bedroom communities wasn’t far behind the asking prices in the city.
In Martensville, the average asking price in 2013 was $359,262, and the average asking price in Warman was $360,529.
Prices were also very strong in Prince Albert, with an average asking price in 2013 of $327,405.
Most forecasters are predicting house prices to remain strong in Saskatchewan in 2014, as the province’s economy and population continue to grow.
The total dollar value of Saskatchewan property advertised for sale on Saskatchewan’s leading website for private sales passed the 4 billion dollar mark in 2012.
In 2012, $553,081,129 dollars worth of Saskatchewan property was listed for sale on saskhouses.com, bringing the total since the company started in 1999, to $4,099,742,184.
The average asking price of a saskhouses.com listing continued to increase in 2012, reaching a record high of $347,850. That was an increase of more than 7 percent from the average asking price in 2011 of $323, 240, and it was an increase of more than 122 percent from the average asking price in 2002, when we began tracking that number.
Here is the year-by-year average asking price of listings on saskhouses.com since 2002.
2012 – $347,850
2011 – $323,240
2010 – $314,504
2009 – $306,232
2008 – $317,020
2007 – $246,711
2006 – $185,191
2005 – $164,503
2004 – $156,652
2003 – $152,532
2002 – $156,340
We would like to thank Saskatchewan buyers and sellers for making saskhouses.com the most successful private sale website in the Province, and we look forward to another exceptional year in 2013!
The population of Saskatchewan has hit another all-time high. New population numbers released by Statistics Canada show that 1,086,564 people were living in Saskatchewan at the end of October 2012.
That’s an increase of 6,606 people in the third quarter of 2012, and an increase of 23,024 people from October of 2011.
Most of the population growth in the last three months came from international migration, with more than 3,700 people moving here from other Countries. Almost 1,300 people moved to Saskatchewan from other provinces during the third quarter, with more than half of those newcomers coming from the province of Ontario.
248 people moved here from Manitoba in the past quarter, 194 people came from British Columbia, and 34 came from Alberta.
The Provincial Government has a goal of 1.2 million people living in Saskatchewan by the year 2020. If our population growth continues at last year’s rate of 2.1 percent, we will have 1,281,845 people living in Saskatchewan by this time in 2020.
Our population growth bodes well for the housing industry in Saskatchewan, and for sales of existing homes in the province. Prices throughout most of the Province have pretty much doubled since this time 6 years ago, and they have been stable, or slowly rising for the past couple of years.