Saskatoon, SK

Updated: Aug 2016
House
Median price $365,000
Monthly growth 37.78 %
Quarterly trend
Stock on market 1.40%
Apartment
Median price $249,900
Monthly growth 19.02 %
Quarterly trend
Stock on market 0.58%

Saskatoon Home Price

When looking across the province, Saskatoon is the 41th most expensive in Saskatchewan.

In Aug the median listed house price of $365,000 in Saskatoon was an impressive compared to the rest of Saskatchewan.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Saskatoon has a huge choice compared to the rest of the province

Is Saskatoon a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Saskatoon is number 351 putting it in the top half of the country .

Saskatoon, Saskatchewan has a median house price of $249,900 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

From our data, it appears that neighbourhood is number 9th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 10.

When we look at the data we have, it can help with trying to establish whether or not Saskatoon is a good investment target.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Beds Median price (House) Median price (Apartment)
1 bedroom $169,900 $186,900
2 bedrooms $239,900 $254,400
3 bedrooms $349,900 $356,450
4 bedrooms $404,900 $319,900
5 bedrooms $439,900 $424,900
6 bedrooms $444,500 $387,000
Demographics
  • Population in 2011222189
  • Population in 2006202408
  • 2006 to 2011 population change (%)9.8
  • Total private dwellings96257
  • Private dwellings occupied by usual residents90936
  • Population density per square kilometre1060.3
  • Land area (square km)209.56