November 5, 2025
Saskatchewan’s housing market continued its strong run in October, posting 1,433 sales across the province — the second-highest October on record. While activity eased slightly compared to the all-time record set last year, resale activity continues to outpace long-term trends and remains well above what the market typically sees at this time of year.
The month also brought a welcome increase in new listings, with 1,922 properties added to the market, up 11% from October 2024. Even with more homes coming to market, near-record sales kept inventory extremely low. At the end of October, Saskatchewan’s housing supply sat nearly 50% below the 10-year average.
Of the 4,483 active listings, 828 were conditionally sold and expected to leave the market, leaving 3,655 available properties heading into November.
“October marked the 28th consecutive month of above-average sales,” said Saskatchewan REALTORS® Association CEO, Chris Guérette.
“Year-to-date activity is more than 20% above the 10-year average, keeping us on track to surpass 2024’s results — our second-strongest year on record.”
Saskatchewan’s benchmark price reached $362,700, down slightly from September. The modest month-to-month decline aligns with normal seasonal patterns, while prices remain almost 6% higher year-over-year.
“Despite tight supply and broader global uncertainty, Saskatchewan’s housing market continues to show remarkable resilience,” Guérette added. “What we’re seeing right now really speaks to the confidence people have in this market — and in our province as a whole.”
Regional Highlights
The Saskatoon-Biggar region was the only area to record a year-over-year sales increase in October, which is not unexpected given the province’s record-setting activity in October 2024. Still, all regions except the Northern region reported sales well above their 10-year averages, showing continued strength across the province.
Market conditions remain tight in every region:
Inventory levels are 44% to 65% below the 10-year average
Saskatoon-Biggar and Regina-Moose Mountain continue to report the lowest months of supply, indicating strong demand and limited options for buyers
Price Trends
October marked the sixth consecutive month of year-over-year price growth in every Saskatchewan community.
Some markets posted exceptional gains:
Melville: +22%
Yorkton: +15%
Estevan: +13%
Swift Current: +13%
Humboldt: +12%
Weyburn: +10%
Rising benchmark prices across the province reflect persistent buyer demand combined with limited supply, especially in the entry-level and mid-range segments.
City of Saskatoon
Saskatoon posted a record 455 sales in October, surpassing the previous record set in 2024 and sitting 31% above the 10-year average for the month.
New listings increased 33% year-over-year, bringing some inventory relief to the city. However, buyers quickly absorbed the increase. Saskatoon is still reporting less than two months of supply, maintaining one of the tightest market environments in the province.
Key highlights:
891 active listings at month-end
229 conditionally sold, leaving 662 available heading into November
Benchmark price: $421,100
Down from September, but still 5% higher than October 2024
Even with a small month-to-month price adjustment, strong annual gains reinforce the continued confidence in Saskatoon’s market.
If you’re ready to make your next move, let’s chat about your goals and find the right strategy for today’s market.