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The 10 Biggest Bidding Wars in Saskatoon - And None of Them Are New Builds

The 10 Biggest Bidding Wars in Saskatoon - And None of Them Are New Builds

I pulled every detached sale in Saskatoon over the last 60 days and filtered it to homes built in 2023 or earlier.

No brand new 2024 or 2025 inventory.
No builder incentives.
Just resale homes.

Out of 187 detached sales, these were the 10 largest over-ask results.

And the numbers might surprise you.


The Top 10 Over-Ask Sales (Resale Only)

1. North Park Area (1960s Build)
Listed at $489,900
Sold at $601,000
Over asking by $111,100

This was the clear outlier. A 1967 build. Mature area. Sold in 9 days. This wasn’t a new build frenzy. This was strategic pricing creating serious competition.


2. College Park Area
Listed at $250,000
Sold at $311,000
Over asking by $61,000

Affordable homes, when priced sharply, are still attracting multiple offers.


3. Westmount Area
Listed at $249,900
Sold at $295,000
Over asking by $45,100

Entry-level product continues to be tight.


4. Forest Grove Area
Listed at $459,900
Sold at $500,000
Over asking by $40,100

Mid-market strength in established neighbourhoods.


5. Forest Grove Area
Listed at $489,900
Sold at $530,000
Over asking by $40,100

Another 1980s build creating leverage through pricing.


6. Westview Area
Listed at $460,000
Sold at $500,000
Over asking by $40,000

Good location. Good prep. Strong demand.


7. Lakeview Area
Listed at $659,900
Sold at $697,500
Over asking by $37,600

Even higher price points can compete when positioned properly.


8. Wildwood Area
Listed at $527,900
Sold at $557,000
Over asking by $29,100

Solid mid-range movement.


9. College Park Area
Listed at $419,900
Sold at $445,000
Over asking by $25,100

Low 400s remain very active.


10. Forest Grove Area
Listed at $494,900
Sold at $508,500
Over asking by $13,600

Not dramatic, but still shows leverage.


What This Actually Means for Saskatoon

First, that $111,000 jump is not the norm. It’s the extreme example. Listed low and sold high.

Most competitive sales are landing in the $25,000 to $45,000 over range.

Second, almost all of these are homes built in the 1960s to early 2000s. Mature neighbourhoods are driving the action.

Third, this confirms something important:

The middle of the market - roughly $350,000 to $550,000 - is the most competitive segment in Saskatoon right now.

Luxury homes are negotiating.
Entry-level homes are condition driven.
But resale family homes in established areas are where buyers compete hardest.


Strategy Is Everything

These results do not mean you automatically list high and hope.

In fact, the opposite.

The homes creating bidding wars were priced sharply from day one.

This market rewards preparation and smart pricing. It punishes overreach.


If you’re wondering whether your home would fall into the competitive category or the negotiation category, that depends on location, condition, price bracket, and timing.

That’s where a proper strategy comes in.

And the data over the last 60 days makes one thing clear:

Saskatoon is balanced.
But the right homes still create leverage.

The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
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