Saskatoon’s housing market remained one of the strongest and most competitive in Saskatchewan this April, with 450 home sales recorded — up two per cent compared to last year and sitting 12 per cent above the city’s 10-year average. Even with ongoing inventory challenges, Saskatoon’s year-to-date sales continue to outperform historical trends, highlighting strong buyer demand across the Bridge City.

While new listings increased month-over-month, inventory across Saskatoon remains extremely tight. Housing supply is still more than 50 per cent below historical averages, leaving just 1.6 months of inventory available at the end of April — or only 1.1 months when conditional sales are factored in. Out of 714 listed properties, more than 200 were already conditionally sold, leaving just 503 active homes available heading into May.

This continued supply shortage is helping drive home prices higher across Saskatoon and throughout Saskatchewan. After reaching a record benchmark price of $435,200 in March, Saskatoon’s benchmark price adjusted slightly to $433,200 in April — still more than three per cent higher than April 2025.

Across Saskatchewan, the real estate market continues to see strong demand paired with historically low inventory levels. The province’s benchmark home price reached a record $347,300 in April, nearly five per cent higher than last year, as affordability pressures continue to grow in many communities. Saskatchewan remains one of Canada’s more affordable housing markets, but limited supply and steady buyer activity are continuing to place upward pressure on prices province-wide.