Outlook Residential Market Update for January, 2019


1 Sold Properties - list prices: $399,600
2 New Listings (has not been previously listed in the past year): $59,900 - $740,000


There are currently 24 properties for sale in Outlook on MLS®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Here is a comprehensive breakdown of your year in Real Estate for the Outlook Residential Market

27 Sold Properties - list prices: $35,000 - $439,900
47 New Listings (has not been previously listed in the past year): $35,000 - $414,700


Sales grossed a combined total this past year in real estate for outlook $5,032,400.00 which includes vacant lots and condos.


Average sale price was $186,385.19


Average list price from these sales were $197,558.78    (5334087)


= $11,200.59 price difference (On average in 2018 a seller accepts approximately %5.6 lower than their asking price or accepts %94.4 of thier asking price)


When comparing our data from last year the number of sales were down slightly by 2 sales. On a more major note our gross sales were down $1,260,387 which even with our reduced number of sales the average sale price of a home was reduced.  In 2017 the average sale price was $215,440.93 and this year it was $186,385.19.  This is a $29,055.74 difference which would indicate a large reduction in our market value as a town.  This could be due to a number of factors being simply as a lack of average priced homes in our market for consumers, a reduction in larger priced home sales, an increase in smaller home sales and due to changes in the overal market locally and nationally.  We also saw the seller negotiate slightly more off their asking price.  


Looking further we have an increase of new listings of 47 for 2018 over 36 for 2017.  An oversupply of houses to our market can drive prices down.  If there are not enough buyers and too many listings then sellers will have to compete harder with their list price to get their property sold which can cause a reduction in our market value and average sale price.


For more insight into our market conditions please call or message me at 306-867-6768.


This data and information is gathered by Michelle Nadeau using MLS® and only includes properties listed on MLS®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for December, 2018


2 Sold Properties - list prices: $169,000 - $408,000
2 New Listings (has not been previously listed in the past year): $190,000 - $319,900


There are currently 23 properties for sale in Outlook on MLS®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for November, 2018


3 Sold Properties - list prices: $106,000 - $408,000
6 New Listings (has not been previously listed in the past year): $99,900 - $319,900


There are currently 27 properties for sale in Outlook on MLS®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for October, 2018


1 Sold Properties - list prices: $139,700
1 New Listings (has not been previously listed in the past year): $180,000


There are currently 24 properties for sale in Outlook on MLS®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for September, 2018


4 Sold Properties - list prices: $55,000 - $299,999
6 New Listings (has not been previously listed in the past year): $55,000 - $569,900


There are currently 28 properties for sale in Outlook on MLS ®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for August, 2018


2 Sold Properties - list prices: $64,888 - $79,800
5 New Listings (has not been previously listed in the past year): $55,000 - $399,900


There are currently 26 properties for sale in Outlook on MLS ®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for July, 2018


3 Sold Properties - list prices: $189,900 - $297,500
5 New Listings (has not been previously listed in the past year): $74,250 - $329,900


There are currently 25 properties for sale in Outlook on MLS ®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for June 2018


2 Sold Properties - list prices: $142,000 - $204,900
2 New Listings (has not been previously listed in the past year): $169,900 - $288,700


There are currently 24 properties for sale in Outlook on MLS ®, this includes nearby acreages and condos.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for May 2018


5 Sold Properties - list prices: $139,900 - $276,400
10 New Listings (has not been previously listed in the past year): $106,000 - $428,000

 

There are currently 30 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for April 2018


3 Sold Properties - list prices: $169,000 - $276,000
3 New Listings (has not been previously listed in the past year): $169,000 - $219,900

 

There are currently 22 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for March 2018


0 Sold Properties - list prices: $0
4 New Listings (has not been previously listed in the past year): $183,400 - $319,900

 

There are currently 21 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for February 2018


1 Sold Properties - list prices: $359,900
1 New Listings (has not been previously listed in the past year): $110,000

 

There are currently 13 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for January 2018


2 Sold Properties - list prices: $35,000 - $68,000
2 New Listings (has not been previously listed in the past year): $95,000 - $219,000

 

There are currently 14 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Here is a comprehensive breakdown of your year in Real Estate for the Outlook Residential Market

29 Sold Properties - list prices: $65,000 - $439,900
36 New Listings (has not been previously listed in the past year): $35,000 - $439,900


Sales grossed a combined total this past year in real estate for outlook $6,292,787.00 which includes vacant lots and condos.


Average sale price was $215,440.93


Average list price from these sales were $225,006.90


= $9,565.97 price difference (On average in 2017 a seller accepts approximately %4.3 lower than his asking price or accepts %95.7 of his asking price)


When comparing our data from last year the number of sales were on par showing our market held strong. Due to more new listings on the market shows that with the same amount of sales there are more houses spending longer on the market.  Our average sale price increased by $17,447.18 which shows a very large jump in what the consumer is willing to pay for a home.  Our average list price increased by $10,963.15 showing the market recognized the increase without overestimating and negotiated less off of their asking price. 


Digging a bit deeper compared with 2016 there was a total of 30 listings on the market during the month of April at our peak of available properties.  2017 peaked at May with a mere 17 listings showing that although 2017 saw more new listings there was a large lack of supply in the market at any given time and most importantly during our prime selling season which could have driven market prices up for 2017. 


This data and information is gathered by Michelle Nadeau using MLS® and only includes properties listed on MLS®. The information is not guaranteed to be correct. 

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Outlook Residential Market Update for November, 2017


1 Sold Properties - list prices: $99,900
3 New Listings (has not been previously listed in the past year): $99,900 - $292,000

 

There are currently 15 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by Michelle Nadeau using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for October, 2017


1 Sold Properties - list prices: $219,000
2 New Listings (has not been previously listed in the past year): $142,900 - $319,900

 

There are currently 13 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by me using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for September, 2017


3 Sold Properties - list prices: $65,000 - $399,900
4 New Listings (has not been previously listed in the past year): $99,900 - $159,900

 

There are currently 12 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by me using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for August, 2017


3 Sold Properties - list prices: $137,000 - $179,000
1 New Listings (has not been previously listed in the past year): $265,000

 

There are currently 16 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by me using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Outlook Residential Market Update for July, 2017


3 Sold Properties - list prices: $198,000 - $439,900
3 New Listings (has not been previously listed in the past year): $68,888 - $265,000

 

There are currently 16 properties for sale in Outlook on MLS ®, this includes nearby acreages, condos and vacant lots.

This data and information is gathered by me using MLS ® and only includes properties listed on MLS ®. The information is not guaranteed to be correct.

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Michelle Nadeau
Cell: 306-867-6768
Office: 306-867-8641
Fax: 306-500-9937
Realty Executives Outlook
110 Saskatchewan Avenue West P.O. Box 1370
Outlook SK S0L 2N0 CA