A new listing at #310 – 410 Ledingham Way, Rosewood, Saskatoon, SK

Welcome to #310 – 410 Ledingham Way in the Rosewood area of Saskatoon.

Offered at $285,000 MLS®

View full listing detailshere.

Welcome to #304 – 410 Ledingham Way, a bright and spacious, tastefully decorated townhouse in the Wedgewood Complex in desirable Rosewood. Fully developed, this modern home features 3 bedrooms and 3 bathrooms. The main floor living space and kitchen have engineered hardwood flooring, and the kitchen boasts trendy cabinetry, quartz countertops, an island and stainless steel appliances. Garden doors take you to your outdoor living space, where you can BBQ on the patio or enjoy some grass time. Upstairs, you’ll find 2 good size bedrooms, one with a walk in closet, and the master bedroom, which also has a walk in closet, and also it’s own private access to the main bathroom. The basement is complete with a 3 piece bathroom/laundry room and a family room. Parking includes a single attached garage with direct entry and a single driveway. Visitor parking is only steps away. Your family will enjoy convenient access to a growing number of amenities from schools and parks, to restaurants and shopping. You’re only a short drive away from Circle Drive where you can get to the South Costco, all the Stonebridge amenities or even downtown in just minutes.

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements.

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we’d be happy to represent you and prominently display your home here.

Canadian homes sales post weakest annual numbers since 2012: CREA

The Canadian Real Estate Association (CREA), released national sales statistics for December of 2018 today.

According to the report, “Home sales via Canadian MLS® Systems fell by 2.5% in December 2018 compared to November, capping the weakest annual sales since 2012. Monthly declines in activity since September have fully retrenched its summer rally and returned it near the lowest level since early 2013.”

“Transactions declined in about 60% of all local markets in December, led by lower activity in Greater Vancouver, Vancouver Island, Ottawa, London & St. Thomas, and Halifax-Dartmouth, together with a regionally diverse mix of other large and medium-sized urban centres.”

Highlights of CREA’s report

  • National home sales fell 2.5% from November to December.
  • Actual (not seasonally adjusted) activity was down by 19% from one year ago.
  • The number of newly listed homes was little changed from November to December.
  • The MLS® Home Price Index (HPI) was up 1.6% year-over-year (y-o-y) in December.
  • The national average sale price fell by 4.9% y-o-y in December.

Read the entire report on Canadian MLS® sales for December of 2018.

I’m always happy to answer your Saskatoon real estate questions.  All of my contact info is here. Please feel free to call or email.

Norm Fisher

Royal LePage Vidorra

A new listing at 362 Thode Avenue, Willowgrove, Saskatoon, SK

Welcome to 362 Thode Avenue in the Willowgrove area of Saskatoon.

Offered at $879,900 MLS®

View full listing detailshere.

Welcome to 362 Thode Avenue, in the beautiful Willowgrove community. Backing Wallace Park, which houses Holy Family Catholic and Willowgrove Public Elementary schools, this four plus one bedroom is perfect for families. Located within walking distance to all the amenities of University Heights, including local high schools, you don’t have to go very far for any of your family’s needs.
Situated on a large, professionally landscaped lot with a fenced backyard and expansive views of the park, you’ll enjoy summer nights on the spacious deck or exit through the basement walk-out to hop in the hot tub.
As you move into the house from the front door, you’ll come upon the large open kitchen, boasting dark, rich cabinets which comes complete with stainless steel appliances, including a built-in convection oven, a gas range-top, a large granite topped island, and dining area. The gas fireplace and Brazilian cherry wood floors make the living space warm and inviting. Also on the main floor is a large office, mudroom bench/storage and a two piece bathroom.
Upstairs, the large master bedroom has a walk-in closet and five-piece ensuite, which features a corner jet tub, heated floor and a large tiled shower. There are three more bedrooms on the second floor, which which all have built in cabinetry, as well as a four piece bathroom and the laundry room.
The walk-out basement is fully developed and the family room is cozy in the winter due to the radiant floor heating. Also, on the lower level, a three-piece bathroom, a generous storage room and the fifth bedroom.
Additional features of the home: built-in sound system, central vacuum, central air conditioning, and a direct entry double attached insulated garage with radiant floor heat.

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements.

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we’d be happy to represent you and prominently display your home here.

A new listing at #108 – 5 Columbia Drive, River Heights, Saskatoon, SK

Welcome to #108 – 5 Columbia Drive in the River Heights area of Saskatoon.

Offered at $125,000 MLS®

View full listing detailshere.

Welcome to #108 – 5 Columbia Drive, where you’ll enjoy affordable living in River Heights. Canarama Shopping Centre is steps away, and you’re also close to all the amenities in Lawson Heights and the Saskatoon North End. Hit Circle Drive, and you’ll have quick and easy access to Preston Crossing, get on Warman Road, and you’ll be downtown Saskatoon in minutes! Located near a bus route, it’s an easy ride to the University of Saskatchewan, so, it’s perfect for students. This unit has 2 bedrooms, a galley kitchen, a 4 piece bathroom, a large storage room, and one parking stall with electrical service. Enjoy summers in the outdoor swimming pool!

Interested parties should contact Lyndon Neher at 306-380-9090 for details and showing arrangements.

Last year, TeamFisher.com hosted 334,888 user sessions. Those users viewed 1,594,672 listings while they were here providing our sellers with prime exposure. If you have a home to sell, we’d be happy to represent you and prominently display your home here.

Saskatoon real estate week in review for January 6-12, 2019

The second week of 2019 is now in the books and the Saskatoon real estate market showed a little promise. Local REALTORS® reported 39 firm residential trades to the multiple listing service®, up 16 from the previous week, and enough to top sales for the same week last year by seven.

New listing activity also grew. Over the course of the past week, 138 Saskatoon homes were added to the MLS® for a weekly gain of 36 and a year-over-year decline of 18.

Active listing inventory began to climb after having fallen to its lowest point in a year the previous week. Today, there are 1409 residential listings showing an active status, up 38 from the last week’s close and down annually by 113.

A closer look at the major housing types reveals that buyers have a selection of 783 single-family homes, down just marginally from 817 at this time last year. Condominium inventory is now at 546 after growning by 21 since last week. That is well down from the 607 units that were available a year ago.

Prices fell lower by every measure we track. The small number of sales that occur at this time of year provides for some pretty erratic spikes and dips from one week to the next, so these should be viewed suspiciously.

This week saw not a single sale over the $500,000 mark. Further, there were two mobile home sales that didn’t amount to $15,000 between them. Add to that mix 10 residential sales reporting a price below the $150,000 mark and you get a recipe for wild swings. The median price (the point at which half of all sales are above, and half are below) of a Saskatoon home was just $230,000, while the average sale price for the week was $238,976.

Our longer-term measures are equally suspect as they’re based on the smallest sample of sales that the two measures will likely include during any week this year. These two measures both made some weekly declines that were nothing compared to the solid lumps they took when comparing numbers from a year ago. The six-week average price edge slipped by more than 10K on a weekly basis to reach $318,182 falling lower annually by about 18K. Meanwhile, the four-week median price fell more than 35K from last week to settle at $286,000 to claim an annual loss of $49,000.

One lucky home seller saw a little overbidding activity that drove the closing price of their home above the asking price by $6,100 while 36 of this week’s trades produced a sale netting the buyer an average discount of $16,673.

Here is a breakdown of what the sales to listing price ratio looked like on this week’s sales. Please note that those sales that do show a sale price that is greater than the list price are all new properties that spent some period of time on the market, and most likely included additional improvements that were not reflected in the original list price. We report these to you as “at list price sales”, which is likely too generous in some cases, but it’s simply not practical to obtain the full details of each sale.

More weekly stats and numbers for those who love them.

Thanks for reading TeamFisher’s Saskatoon Real Estate Week in Review, now published for the 618th consecutive week.

I’m always happy to answer your Saskatoon real estate questions. All of my contact info is here. Please feel free to call or email.

Norm Fisher

Royal LePage Vidorra