Irwin Realty & Associates, Royal LePage Saskatoon Real Estate : Blog : Latest Blog Posts

Welcome to 227 MacInnes Street in Stonebridge, Saskatoon

Fri, 06 Mar 2026 21:11:20 GMT

Welcome to 227 MacInnes Street in Stonebridge, Saskatoon

Welcome to 227 MacInnes Street in the desirable Stonebridge neighbourhood, a bright and beautifully maintained 1,357 sq. ft. two-storey home built in 2011 offering four bedrooms, four bathrooms, and a fully developed basement - perfect for families looking for space, comfort, and convenience.

The main floor welcomes you with warm tones and rich cabinetry that create a cozy and inviting atmosphere. The kitchen features stainless steel appliances including a double oven and fridge with water and ice dispenser, making meal prep and entertaining a breeze. The dining area opens through patio doors to a west-facing backyard, where you’ll find a large deck perfect for summer evenings, a fully fenced yard, established shrubs, and space for gardening and outdoor play.

Upstairs offers three well-sized bedrooms, including a generous primary bedroom complete with a private three-piece ensuite, along with comfortable spaces for children or guests.

The fully developed basement expands your living area with a spacious family room, fourth bedroom, four-piece bathroom, laundry area, and additional storage, making it ideal for growing families or hosting visitors.

Outside, the home features a large exposed aggregate driveway and double attached garage with custom shelving, providing excellent storage and convenience. Underground sprinklers are installed in the front yard to help keep the landscaping looking its best.

Located in the highly desirable Stonebridge neighbourhood, this home is close to Chief Whitecap and St. Kateri Tekakwitha elementary schools, parks, walking paths, shopping, restaurants, and many nearby amenities. With quick access to Circle Drive, commuting anywhere in Saskatoon is simple and convenient.

This is a fantastic opportunity to own a move-in-ready family home in one of Saskatoon’s most sought-after communities. Come see what makes this home such a great place to live.

Saskatoon Real Estate Week in Review - February 26 – March 4, 2026

Fri, 06 Mar 2026 14:30:00 GMT

Welcome back to the Saskatoon Real Estate Week in Review. Each week, we take a clear, data-driven look at local real estate activity to help place short-term market movements into proper context.

Executive Snapshot

80 residential sales, down from 93 one year ago
136 new listings, up from 120 last year
612 active listings, up from 554
Average sale price: $411,225, compared to $413,121 in 2025

Inventory levels increased again this week as new listing activity accelerated, continuing the gradual supply build that has been developing through late winter.

Sales Activity

Sales activity remained solid this week with 80 residential transactions, compared to 93 during the same period last year. While slightly lower year over year, activity remains healthy as the market transitions toward the spring season.

New Listings & Inventory

New listing activity picked up noticeably with 136 homes coming to market, compared to 120 during the same week in 2025. Active inventory climbed to 612 listings, up from 554 last year.

This continued rise in inventory reflects a steady increase in supply as sellers begin preparing for the spring market.

Pricing Trends

The average sale price was $411,225, compared to $413,121 during the same week in 2025. Weekly price figures can fluctuate based on the mix of homes sold in any given week, and this week’s results suggest pricing has remained relatively stable year over year.

What This Means Right Now

For buyers: Rising inventory continues to improve selection as the market approaches spring.
For sellers: New listings are increasing, meaning strategic pricing and strong presentation remain key.
What we’re watching: Whether the recent rise in listing activity continues through March as the traditional spring market begins to take shape.

Closing Summary

As we move into March, we’ll continue tracking how sales activity, new listings, inventory levels, and pricing trends evolve across the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a consistent, data-driven snapshot of local conditions each week — without unnecessary noise or speculation.

How We Can Help

If you’re considering buying or selling and would like to understand how these market trends apply to your specific situation, our team is always happy to have a conversation — even if you're just looking for clarity on timing, pricing, or next steps.

We help clients navigate the Saskatoon market with clear strategy, local insight, and data-driven guidance — whether you’re planning a move this month or simply staying informed.

Thanks for following along,
Irwin Realty & Associates

Saskatoon Real Estate Week in Review February 19 - 25, 2026

Fri, 27 Feb 2026 14:30:00 GMT

Welcome back to the Saskatoon Real Estate Week in Review. Each week, we take a clear, data-driven look at local real estate activity to help place short-term market movements into proper context.

Executive Snapshot

75 residential sales, down from 82 one year ago
80 new listings, down from 95 last year
590 active listings, up from 574
Average sale price: $407,954, compared to $418,029 in 2025
After two weeks of rising inventory, active listings eased slightly this week while sales activity rebounded, keeping overall market conditions steady heading into late February.

Sales Activity

Sales activity strengthened this week, with 75 residential sales recorded compared to 82 during the same period last year. While still modestly lower year over year, the increase suggests improved buyer engagement as February progressed.

New Listings & Inventory

New listing activity slowed, with 80 new listings compared to 95 during the same week in 2025. Despite fewer new listings, active inventory came in at 590 listings, up from 574 one year ago.

Overall, inventory remains higher year over year, which continues to support improved selection for buyers even as weekly listing activity fluctuates.

Pricing Trends

The average sale price was $407,954, compared to $418,029 in 2025. Weekly price measures are influenced by the mix of homes sold in a given period, and this week’s figure reflects normal variation rather than a definitive market shift.

What This Means Right Now

For buyers: Inventory remains higher year over year, supporting better selection, even with fewer new listings this week.
For sellers: Buyer activity improved this week, but pricing strategy remains important as buyers have more options than earlier in the winter.
What we’re watching: Whether listing activity rebounds as we move toward March, and how quickly buyers absorb available inventory.

Closing Summary

As we move toward the end of February, we’ll continue tracking how sales activity, new listings, inventory levels, and pricing trends are evolving across the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a consistent, data-driven snapshot of local conditions each week — without unnecessary noise or speculation.

How We Can Help

We help clients navigate the Saskatoon market with clear strategy, local insight, and data-driven guidance — whether you’re planning a move this month or simply staying informed.

Welcome to #14 - 3214 11th Street in Montgomery Place, Saskatoon

Wed, 25 Feb 2026 13:53:11 GMT

Welcome to #14 - 3214 11th Street in Montgomery Place, Saskatoon

See details here

Welcome to 14 - 3214 11th Street West, nestled in the serene Highlander Ridge complex, a stunning 1,033 sqft bungalow end-unit townhome located in the highly sought-after Montgomery Place neighborhood, known for its beautifully treed streets and peaceful atmosphere. This home has easy access to shopping, restaurants, two bus stops and easy routes to Circle Drive, making it perfectly situated for both convenience and leisure. Featuring three bedrooms and three bathrooms, it’s perfect for families or those seeking extra room for guests. There are two bedrooms and two bathrooms conveniently located on the main floor, alongside a fully developed basement that includes an additional bedroom and bathroom. Step into the heart of the home, the kitchen, featuring dark cabinets, a pantry, and quartz countertops. There are four appliances, including a new stove and fridge. The kitchen is open to the dining and living areas, making it a great spot for entertaining. The main floor was freshly painted in April and boasts new flooring as of May. Enjoy main floor laundry and central vac, keeping your home clean and tidy with minimal effort. The single insulated garage offers direct entry for added convenience. The lower level is complete with pot lighting and cozy dimmers. Perfect for gatherings, it includes a kitchen with fridge, dishwasher, sink, and a dining area. A pocket door provides access to a private living space, providing a perfect spot for relaxation. There is also a bedroom with a large closet and bathroom with a tiled heated floor. With plenty of storage solutions throughout the lower level, you’ll find room for all your belongings. Step outside to your 14x12 deck, where moments of pure tranquility awaits. Equipped with a natural gas BBQ hook-up, entertaining outdoors has never been easier. Don’t miss out on this exceptional opportunity! Schedule your private viewing today and step into a world of comfort, style, and community at #14 -3214 11th Street West.

Saskatoon Deal of the Week - February 24, 2026

Tue, 24 Feb 2026 17:12:00 GMT

This week’s deal of the week is a brand new home in Saskatoon priced below recent comparable sales, making it a strong value opportunity in a growing neighbourhood.

Key Highlights

3 beds, 3 baths
1,472 sq ft on 3,751 sq ft lot
Quartz counters, island, pantry, open layout
Located in a developing neighbourhood with future growth potential
Listed at $549,900

If you are interested just comment below and we will get you all the details.

Saskatoon Real Estate Week in Review - February 12 - 18, 2026

Fri, 20 Feb 2026 14:30:00 GMT

February 12–18, 2026

Welcome back to the Saskatoon Real Estate Week in Review. Each week, we take a clear, data-driven look at local real estate activity to help place short-term market movements into proper context.

Executive Snapshot

59 residential sales, down from 73 one year ago
86 new listings, up slightly from 83 last year
602 active listings, up from 582
Average sale price: $413,746, compared to $420,888 in 2025

Inventory levels have now increased for a third consecutive week, while sales activity has remained softer compared to last year, continuing the gradual shift toward more balanced supply conditions.

Sales Activity

Sales activity remained measured this week, with 59 residential sales recorded compared to 73 during the same period last year. The pace of transactions continues to reflect cautious but steady buyer participation as new inventory builds.

New Listings & Inventory

New listing activity edged slightly higher, with 86 new residential listings compared to 83 one year earlier. Active inventory rose to 602 listings, up from 582, continuing a gradual upward trend seen over the past several weeks.

This pattern suggests that supply is rebuilding at a steady pace, while buyer demand remains consistent but selective.

Pricing Trends

The average sale price came in at $413,746, compared to $420,888 during the same week in 2025. Weekly price measures can vary based on the types of homes selling in a given period, and this change reflects normal fluctuations in sales mix rather than a broad shift in market pricing.

What This Means Right Now

For buyers: Increasing inventory continues to improve choice across the market, particularly in common price ranges.
For sellers: Proper pricing remains essential as buyers have more options and are moving deliberately.
What we’re watching: Whether the inventory build continues into late February and how quickly new supply is absorbed.

Closing Summary

As February progresses, we’ll continue tracking how sales activity, new listings, inventory levels, and pricing trends are evolving across the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a consistent, data-driven snapshot of local conditions each week — without unnecessary noise or speculation.

Saskatoon Deal of the Week - February 17, 2026

Tue, 17 Feb 2026 19:49:18 GMT

This week’s feature is a bungalow in Confederation Park that stood out when compared to similar homes recently sold in the area.

• 853 sq ft
• 3 bedrooms | 2 bathrooms
• Listed at $279,900
• Priced about 11.5% below what similar homes have been selling for recently

A great opportunity for buyers looking for an affordable entry point or investment in an established neighbourhood.

Want more details or thinking about a showing?
📩 Message us or comment on this post to start the conversation.

Saskatoon Real Estate Week in Review - February 5 - 11, 2026

Fri, 13 Feb 2026 14:55:00 GMT

February 5 – 11, 2026

Welcome back to the Saskatoon Real Estate Week in Review. Each week, we take a clear, data-driven look at local real estate activity to help place short-term market movements into proper context.

Executive Snapshot

56 residential sales, down from 78 one year ago
93 new listings, down from 108 last year
587 active listings, relatively unchanged from 584
Average sale price: $387,278, down from $467,750 in 2025

Continuing our weekly look at market activity, sales slowed noticeably this week while inventory held steady, reflecting a more measured pace of buyer engagement in early February.

Sales Activity

Sales activity eased this week, with 56 residential sales recorded compared to 78 during the same period last year. This represents one of the softer weekly sales totals so far this winter and suggests buyers are continuing to move selectively as new inventory comes to market.

New Listings & Inventory

New listing activity also declined, with 93 new listings compared to 108 during the same week in 2025. Despite this, active inventory remained stable at 587 listings, nearly unchanged from 584 one year earlier.

This indicates that while fewer new homes came to market, the balance between supply and demand remained relatively steady overall.

Pricing Trends

The average sale price came in at $387,278, down from $467,750 during the same week in 2025. Weekly price measures can vary significantly based on the mix and type of homes sold in a given period, and this change likely reflects fewer higher-priced transactions rather than a broad shift in underlying market values.

What This Means Right Now

For buyers: Stable inventory levels continue to provide choice, particularly as sales activity slows.
For sellers: Accurate pricing remains critical, as buyers are moving deliberately in the current market environment.
What we’re watching: Whether sales activity rebounds as February progresses and how pricing trends stabilize over the coming weeks.

Closing Summary

As February unfolds, we’ll continue tracking how sales activity, new listings, inventory levels, and pricing trends are shaping the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a consistent, data-driven snapshot of local conditions each week — without unnecessary noise or speculation.

Saskatoon Deal of the Week - February 10, 2026

Tue, 10 Feb 2026 15:00:00 GMT

Each week, we review current listings and recent sales across Saskatoon to spotlight homes that stand out for value and opportunity.

This week’s pick is a two-storey home in Brighton that caught our attention when compared to other similar homes in the area.

• 2,213 sq ft
• 5 bedrooms | 3 bathrooms
• Listed at $649,900
• Priced about 17% below what similar homes have been selling for recently

Opportunities like this don’t come along every week.

Curious to learn more?
Send us a message or leave us a comment — we’re happy to share details and arrange a showing.

Saskatoon Real Estate Week in Review - January 29 – February 4, 2026

Fri, 06 Feb 2026 16:21:01 GMT

January 29 – February 4, 2026

Welcome back to the Saskatoon Real Estate Week in Review. Each week, we take a clear, data-driven look at local real estate activity to help place short-term market movements into proper context.

Executive Snapshot

72 residential sales, down from 77 one year ago
82 new listings, up from 78 last year
582 active listings, up modestly from 569
Average sale price: $434,283, up from $406,850 in 2025

Continuing our weekly look at market balance, inventory has now increased for a second consecutive week, reflecting a gradual rebuilding of selection for buyers.

Sales Activity

Sales activity softened slightly during the first week of February, with 72 residential sales compared to 77 during the same period last year. The change is modest and consistent with the measured pace of early-year market activity.

New Listings & Inventory

New listing activity edged higher, with 82 new residential listings coming to market compared to 78 one year earlier. Active inventory increased to 582 listings, up from 569 at this time last year.

Taken together, these figures suggest the market is slowly adding supply without a sharp change in overall conditions — a pattern that has been developing over the past few weeks.

Pricing Trends

The average sale price rose to $434,283, compared to $406,850 during the same week in 2025. As with all weekly price measures, this result reflects the mix of homes sold during the period rather than a sudden shift in broader pricing trends. Nonetheless, prices continue to show resilience as winter market activity progresses.

What This Means Right Now

For buyers: Gradually increasing inventory may improve selection, but well-priced homes can still attract strong interest.
For sellers: Market conditions remain supportive for accurately priced listings, particularly as sales activity holds steady.
What we’re watching: Whether inventory continues to build through February and how buyers respond to additional choice.

Closing Summary

As we move further into February, we’ll continue to track how sales activity, new listings, inventory levels, and pricing trends are evolving across the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a consistent, data-driven snapshot of local conditions each week — without unnecessary noise or speculation. We appreciate you following along and look forward to sharing the next update.

Deal of the Week 🏡

Tue, 03 Feb 2026 21:22:07 GMT

Each week, we compare today’s listings to recent sales in similar Saskatoon neighbourhoods to spotlight homes that stand out for value.

This week’s pick is a two-storey home in Hampton Village that offers strong value compared to recent sales of similar homes in the area.

• Two-storey home
• Approx. 1,657 sq ft
• 3 bedrooms | 3 bathrooms
• Popular west-side neighbourhood

Curious to learn more?
👉 Send us a DM or reply to our email to start the conversation.

Saskatoon Real Estate Week in Review - January 22–28, 2026

Fri, 30 Jan 2026 14:55:00 GMT

January 22–28, 2026

Welcome back to the Saskatoon Real Estate Week in Review. This weekly update provides a clear, data-driven snapshot of Saskatoon real estate activity and market trends, helping place short-term market movements into proper context.

Executive Snapshot

79 residential sales, slightly higher than last year
67 new listings, down sharply from 104 one year ago
596 active listings, down modestly year over year
Average sale price: $412,529, up from $397,028 in 2025

Sales Activity

Sales activity held steady during the final full week of January. Saskatoon REALTORS® reported 79 residential sales, slightly higher than the 77 sales recorded during the same week in 2025.

This stability suggests consistent buyer engagement as the market moves toward the end of the winter season.

New Listings & Inventory

New listing activity slowed significantly, with 67 new residential listings added to the MLS® system compared to 104 during the same week last year. As a result, active inventory declined to 596 listings, down from 626 one year earlier.

The combination of stable sales and reduced new supply contributed to a modest tightening of inventory conditions as January came to a close.

Pricing Trends

The average sale price rose to $412,529, up from $397,028 during the same week in 2025. While weekly pricing measures can fluctuate based on the types of homes selling in a given period, this increase reflects continued price resilience as the market progresses through the winter months.

What This Means Right Now

For buyers: Fewer new listings may limit short-term selection, particularly in popular price ranges.
For sellers: Stable sales and lower listing activity may support favourable conditions for well-priced homes.
What we’re watching: Whether listing activity rebounds as the market transitions into February.

Closing Summary

As January comes to a close, we’ll continue to track how sales activity, new listings, inventory levels, and pricing trends are shaping the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a clear, data-driven snapshot of local conditions each week, without unnecessary noise or speculation. We appreciate you following along and look forward to sharing the next update.

Saskatoon Real Estate Week in Review - January 15–21, 2026

Thu, 22 Jan 2026 19:04:03 GMT

January 15–21, 2026

Executive Snapshot

56 residential sales, up from 48 one year ago
79 new listings, down slightly from 84 last year
621 active listings, essentially unchanged year over year
Average sale price: $502,189, up from $410,105 in 2025

Sales Activity

Sales activity strengthened during the third full week of January. Saskatoon REALTORS® reported 56 residential sales, up from 48 sales during the same week last year.

The increase suggests improving buyer engagement as the market moves deeper into the winter season, building on the more measured activity observed earlier in the month.

New Listings & Inventory

New listing activity moderated slightly, with 79 new residential listings coming to market compared to 84 one year earlier. Despite fewer new listings, active inventory remained stable at 621 listings, nearly identical to last year’s level.

This balance between sales and new supply kept inventory conditions relatively steady heading into the second half of January.

Pricing Trends

The average sale price rose to $502,189, compared to $410,105 during the same week in 2025. This increase reflects the composition of homes sold during the week, including several higher-value properties.

Weekly pricing measures can fluctuate meaningfully based on sales mix, particularly in lower-volume periods, and should be viewed in the context of broader monthly and quarterly trends.

What This Means Right Now

For buyers: Sales activity has picked up, suggesting increased competition in certain segments of the market.
For sellers: Stable inventory combined with stronger sales may improve conditions for well-priced homes.
What we’re watching: Whether sales momentum continues through late January and how pricing trends evolve as more listings come to market.

As January progresses, we’ll continue to monitor how sales activity, new listings, inventory levels, and pricing trends are shaping the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a clear, data-driven snapshot of local conditions each week, without unnecessary noise or speculation. We appreciate you following along and look forward to sharing the next update.

Saskatoon Real Estate Week in Review - Jan 8 - 14, 2026

Fri, 16 Jan 2026 14:39:42 GMT

January 8–14, 2026

Executive Snapshot

38 residential sales, down from 45 one year ago
90 new listings, down from 144 last year
616 active listings, essentially unchanged year over year
Average sale price: $390,792, down 3.1% from 2025

Sales Activity

Saskatoon REALTORS® reported 38 residential sales during the second full week of January, down from 45 sales over the same period in 2025. While sales activity softened year over year, this decline aligns with typical seasonal patterns seen in early winter market conditions.

New Listings & Inventory

New listing activity slowed noticeably, with 90 new residential listings added to the MLS® system compared to 144 during the same week last year. Despite the reduction in new supply, active inventory remained stable at 616 listings, nearly identical to levels observed one year earlier.

This balance suggests that slower listing activity was largely offset by fewer sales, resulting in relatively steady inventory conditions.

Pricing Trends

The average sale price declined modestly to $390,792, down from $403,301 during the same week in 2025. Weekly pricing measures can be influenced by the mix of homes selling in a given period, particularly early in the year, but the change reflects a market where buyers and sellers are continuing to adjust expectations gradually rather than reacting to abrupt shifts.

What This Means Right Now

For buyers: Fewer new listings may limit short-term selection, but stable inventory suggests opportunities remain.
For sellers: Pricing accuracy remains important as buyers continue to act selectively.
What we’re watching: Whether listing activity rebounds later in January and how pricing responds as additional inventory comes to market.

As the market settles into mid-January, we’ll continue to monitor how sales activity, new listings, inventory levels, and pricing trends are shaping the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a clear, data-driven snapshot of local conditions each week, without unnecessary noise or speculation. We appreciate you following along and look forward to sharing the next update.

Saskatoon Real Estate Week in Review - Jan 1-7, 2026

Sat, 10 Jan 2026 01:16:56 GMT

Welcome back to the Saskatoon Real Estate Week in Review. This weekly update returns with a continued focus on providing clear, data-driven insight into Saskatoon real estate activity and market trends. Each week, we’ll examine sales, listings, inventory, and pricing to help place current market conditions into proper context.

The Saskatoon real estate market opened the year with a familiar early-January pattern: sales activity eased modestly compared to last year, while new listings moved higher and inventory rebuilt slightly. Pricing, however, continued to show resilience as average sale prices edged higher year over year.

Below is a snapshot of how the market performed during the first full week of 2026.

Executive Snapshot

34 residential sales, down from 40 one year ago
118 new listings, up from 103 last year
601 active listings, compared to 559 at this time in 2025
Average sale price: $417,271, up 2.3% year over year

Sales Activity

Saskatoon REALTORS® reported 34 residential sales during the first week of January. This represents a modest decline from the 40 sales recorded during the same week in 2025.

Early January is traditionally a slower period for sales, as many buyers and sellers pause activity around the holidays. While the year-over-year decline is notable, it is consistent with typical seasonal behaviour and does not, on its own, signal a shift in underlying market conditions.

New Listings & Inventory

New listing activity moved higher to begin the year. 118 residential properties were added to the MLS® system during the week, compared to 103 new listings during the same period last year.

As a result, active residential inventory increased to 601 listings, up from 559 listings at the start of 2025. This increase provides buyers with more choice entering the new year, though overall inventory levels remain relatively low by longer-term standards.

Pricing Trends

Despite fewer sales, pricing continued to trend higher. The average sale price for homes sold between January 1 and 7 reached $417,271, up from $407,950 during the same week in 2025.

This year-over-year increase suggests that buyer demand remains steady for well-positioned properties, even as sales volumes fluctuate seasonally. Composition effects - such as the mix of homes selling in a given week - can influence short-term pricing measures, but early indicators point to continued price stability as the year begins.

What This Means Right Now

For buyers: New listings are coming to market, creating more selection, but competition remains for homes that are priced appropriately.
For sellers: Pricing accuracy continues to matter. Homes that align with current buyer expectations are better positioned to attract attention early in the year.
What we’re watching: Whether elevated new-listing activity continues through January and how quickly buyers respond as winter activity picks up.

As we move through the early weeks of the year, we’ll continue to monitor how sales activity, new listings, inventory levels, and pricing trends are shaping the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a clear, data-driven snapshot of local market conditions each week, without unnecessary noise or speculation. We appreciate you taking the time to read and look forward to sharing the next update as the year unfolds.

Saskatoon Real Estate Year in Review

Tue, 06 Jan 2026 19:53:16 GMT

What Changed in 2025 — and What It Means for 2026

In many ways, 2025 didn’t feel dramatic on the surface. Homes continued to sell. New listings came to market. Buyers and sellers stayed active.

But beneath that calm exterior, the Saskatoon real estate market tightened significantly.

Prices rose faster. Competition intensified. And a growing share of homes sold over asking — not because demand surged, but because supply never truly caught up.

This year-in-review looks at what actually changed, why it mattered, and what the data suggests comes next.

The Big Picture: Steady Sales, Rising Prices

At first glance, sales activity alone wouldn’t suggest a major shift. Overall transaction volumes in 2025 were broadly similar to 2024, following typical seasonal patterns.

What did change meaningfully was pricing.

Median and average sale prices climbed throughout the year, even without a surge in sales. That combination — steady volume alongside rising prices — is a classic signal of supply-side pressure rather than speculative demand.

Sales volumes remained relatively stable year over year, while median sale prices trended higher throughout 2025 — an early signal of tightening market conditions.

Supply Increased — But Not Enough

One of the most common questions we hear is: “Didn’t more homes come on the market in 2025?”

Yes — they did.

New listing activity was generally higher in 2025, particularly during the spring and early summer months.

New listing activity increased in several key months during 2025, especially in the spring and early summer. However, higher listing volume alone did not translate into a looser market.

On its own, that chart might suggest improving buyer choice. But listings are only half the equation.

Why Buyers Still Faced Limited Choice

Despite more homes entering the market, total inventory levels remained low.

Month-end inventory followed normal seasonal patterns and never showed a sustained build-up. In practical terms, this means that homes were selling almost as quickly as they were being listed.

Even with increased listing activity, total inventory levels remained constrained, indicating that new supply was absorbed quickly by buyer demand.

This dynamic — listings rising without inventory accumulation — is one of the clearest signs of an undersupplied market.

The Metric That Explains Everything: Months of Inventory

If there is one chart that explains 2025, it’s this one.

Months of Inventory (MOI) measures how long it would take to sell all active listings at the current pace of sales. Rough benchmarks:

3-6 months = balanced market
Below 3 months = seller’s market

Throughout both 2024 and 2025, Saskatoon remained firmly in seller-market territory.

Months of inventory remained well below balanced-market levels throughout both years, dipping to roughly one month during parts of 2025 — a strong indicator of persistent supply constraints.

This explains nearly everything that followed.

How Tight Supply Changed Buyer and Seller Behaviour

As months of inventory compressed, competition increased — and it showed up clearly in how homes sold.

A much larger share of properties sold above their asking price in 2025 compared to 2024, particularly in the single-family detached and townhouse segments.

As inventory tightened, a significantly higher percentage of homes sold above asking price — clear evidence of intensified buyer competition.

This wasn’t limited to a few standout properties. It was a broad behavioural shift driven by limited alternatives.

A Closer Look at Single-Family Homes

Detached homes felt these pressures most acutely.

When we look at the distribution of sale-to-list price ratios, it becomes clear that selling over asking was not an exception — it was increasingly common.

The distribution of sale-to-list price ratios shows a meaningful shift toward over-asking outcomes, particularly in 2025.

This is what a tight market looks like at ground level.

Why Neighbourhoods Matter More Than Ever

One of the clearest lessons from 2025 is that the market didn’t move as a single unit.

In a low-inventory environment, small differences in location translated into very different outcomes. In neighbourhoods like Holliston, Adelaide/Churchill, and Queen Elizabeth, competition remained consistently strong, with homes selling 4–5% over asking on average — a sign that limited local supply left buyers with few alternatives.

Meanwhile, areas such as Pleasant Hill, Riversdale, and the Central Business District told a different story, where sales typically closed below asking, reflecting greater price sensitivity and more buyer leverage. The result was a market where city-wide averages mattered less, and neighbourhood-level dynamics mattered more than ever.

What This Suggests for 2026

Based on inventory dynamics alone, several conclusions stand out:

Without a meaningful increase in supply, price pressure is likely to persist.
Small changes in demand or supply can have outsized effects in a low-inventory market.
Sellers retain the advantage — but only with correct pricing. Overpricing still leads to longer market times.

2025 was not driven by speculation or exuberance. It was driven by scarcity.

And unless that scarcity eases, its effects are likely to continue.

The bottom line:
2025 wasn’t defined by speculation or dramatic swings — it was defined by persistent scarcity. Even as more homes came to market, inventory remained tight, competition increased, and pricing pressure followed. For buyers, this meant acting decisively and understanding neighbourhood-level dynamics. For sellers, it meant opportunity — but only with correct pricing and strong presentation. As we move into 2026, the key variable to watch isn’t demand, but supply. Until that changes meaningfully, the market is likely to remain competitive, selective, and highly localized.

Thank you for reading our Saskatoon Real Estate Year in Review. We’ll soon be re-introducing the Saskatoon Real Estate Week in Review, a weekly summary designed to cut through the noise and highlight what’s actually changing in the local market. If you’d like to receive it, you can subscribe here:
Saskatoon Real Estate Week in Review

The Saskatoon Real Estate Week in Review Is Returning

Mon, 15 Dec 2025 21:17:09 GMT

For nearly 15 years, the Saskatoon Real Estate Week in Review was a weekly ritual for many homeowners, buyers, sellers, and real estate professionals across our city.

Authored faithfully every single week for 14.5 years by our former team leader, Norm Fisher, the Week in Review became a trusted source for understanding what was happening in the Saskatoon real estate market. It wasn’t about hype or headlines—it was about the numbers, the trends behind them, and what they meant for people making real decisions.

Over time, it became more than a blog. It sparked conversations, built connections, and helped many people better understand the market they lived in.

We’re excited to share that the Saskatoon Real Estate Week in Review is coming back.

Why Bring It Back Now?

The real estate market has become more complex—not less.

Buyers and sellers are navigating changing interest rates, shifting inventory levels, and headlines that don’t always reflect what’s happening locally. At the same time, information is everywhere, but clear, consistent context can be hard to find.

We believe there’s still real value in a simple, weekly snapshot of Saskatoon real estate activity, presented in a way that’s easy to understand and grounded in local data.

That’s what this revival is about.

What the Week in Review Will Include

Each week, the Saskatoon Real Estate Week in Review will provide:

A summary of weekly listing and sales activity
Key market trends we’re watching
Context around pricing, inventory, and demand
Straightforward commentary on what the numbers may mean

This is not a list of properties.
This is not a sales pitch.

It’s an overview designed to help readers stay informed about the Saskatoon real estate market—whether they’re actively buying or selling, or simply paying attention.

Delivered by Blog and Email

In addition to being published on our website, the Week in Review will now also be available by email subscription.

Subscribers will receive the weekly update directly in their inbox, making it easy to stay informed without having to search for updates or filter through noise.

You can unsubscribe at any time.

A Familiar Name, A Modern Format

While the market has evolved, the goal remains the same as it always was:
to provide consistent, reliable insight into Saskatoon real estate.

We’re proud to carry forward a local tradition that many in our community valued, while adapting it to how people consume information today.

Subscribe to the Saskatoon Real Estate Week in Review

If you’d like to receive the Saskatoon Real Estate Week in Review by email, we invite you to subscribe below.

Whether you’re a longtime reader or discovering it for the first time, we’re glad to have you along.

We intend to begin with a wrap-up of 2025, with the first edition of the Week in Review following the next week.