Saskatoon Real Estate Quarterly Review - Q1 2026 (January – March)

Now that the first quarter of 2026 is behind us and the spring market is underway, it’s a good time to step back and look at how the Saskatoon real estate market has performed so far this year.

Big Picture

The first quarter of 2026 showed a market transitioning from typical winter conditions into a more active spring environment. Inventory levels began to rise through February and into early March, while sales activity strengthened later in the quarter as buyers returned to the market.

Overall, conditions remain relatively tight, with demand continuing to keep pace with new supply.

Key Stats (Q1 2026 vs Q1 2025)

• Sales: Slightly lower than last year, but consistent with long-term trends

• New Listings: Varied throughout the quarter, with a noticeable increase in March

• Inventory: Higher than early-year levels, but still relatively tight overall

• Average Price: Stable, with weekly fluctuations largely driven by the mix of homes sold

Key Trends

• Inventory began building in February as more sellers entered the market ahead of spring

• Sales activity strengthened in March, indicating increasing buyer engagement

• Supply and demand moved closer to balance by the end of the quarter

What This Means Right Now

• For buyers: More options are becoming available, but competition remains in many segments

• For sellers: Demand is still strong, though increased inventory means strategic pricing is key

• What we’re watching: Whether sales continue to keep pace with new listings as the spring market progresses

Looking Ahead

As we move further into the spring market, we’ll be watching closely to see whether the recent increase in sales activity begins to put pressure on inventory levels, or if additional new listings continue to keep conditions balanced.

Weekly updates will continue to track these trends as they evolve.

How We Can Help

If you’re considering buying or selling and want to understand how these 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.

Thanks for following along,
Irwin Realty & Associates