There was a small increase in the amount of homes sold in P.A. in January. (file photo/paNOW Staff)

By Glenn Hicks

house market

P.A. sees minor house sale gains

Feb 15, 2020 | 12:00 PM

There were some marginal gains in the Prince Albert housing market last month. And while the average sale price went up there’s no indication of a positive trend after months of slowdown.

According to the Saskatchewan Realtors Association (SRA) 15 homes sold last month, which is three more than in January 2019.

That figure is a long way off the five-year average of 29 sales for the month.

The SRA said active listings were down from 613 to 541 and the time it took for a home to sell shortened to just over 98 days from 107.

The average sale price in P.A. moved up to $186,260 from $167,817.

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Elsewhere, the SRA said the Saskatoon market started off the year on a positive note with a nine per cent uptick from the previous January at 219 sales. The average home price rose to $326,278.

North Battleford saw a 23 per cent hike in the amount of sales compared to January 2019 with 33 units changing hands. That is above the five-year average.

However, the city’s average price fell over 16 per cent to $139,500.

—

glenn.hicks@jpbg.ca

On Twitter:@princealbertnow