The latest market stats for February 2021

It was another record-breaking month for real estate in Yorkton.  Sellers are in a great position to see a sale in a quick time frame.

Over the past couple of years, prices have seen a slight decline. However, if the inventory remains at these historically low numbers and demand is still high with people taking advantage of the historically low-interest rates, we may see property values start to climb.

Sales in Yorkton were up 187.5%, going from 8 in February 2020 to 23 in February 2021.

In Yorkton, sales were 69.1% above the 5-year average (and 43.8% above the 10-year average)

Year-to-Date (YTD) sales in Yorkton rose 129.4% over last year, increasing from 17 to 39.

In Yorkton, the number of new listings in February 2021 fell 15.4%, going from 39 to 33.

YTD new listings in the city fell 6.2%, going from 65 to 61.
Homes in Yorkton stayed on the market an average of 82 days in February—down 11.8% from 93 days last year.

Categorised in: A Word From Our Broker

This post was written by teamcore