Average asking prices stay strong in September

The average asking price of Saskatoon listings on saskhouses.com was $326,678 during the month of September, an increase of $12,000 from August of 2009.

The average September asking price was almost $20,000 less than the average asking price in September of 2008, which was $333,0333.

The number of new listings available for buyers was down by more than 50 percent from September of 2008, and the number of sales was up by about 20 percent, with a total of 78 saskhouses.com customers reporting their properties sold during the month of September.

The lower number of listings and increased number of sales indicate that the housing sales slump in Saskatchewan may be coming to an end, and that the housing market is returning to a more normal state.

The average asking price of saskhouses.com listings in Martensville during September was $340,150, the average asking price in Warman was $296,150, and the average asking price of Prince Albert listings was $232,386