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
99 residential sales, compared to 105 one year ago
163 new listings, compared to 155 last year
934 active listings, compared to 898
Average sale price: $467,463, compared to $478,216 in 2025
Sales activity remained relatively close to last year's pace this week, while new listings edged higher. Active inventory also moved above 2025 levels, giving buyers more selection as we move through the second half of August.
After several weeks of inventory moving back and forth around last year's levels, this week's numbers suggest supply is beginning to build. Buyer demand remains healthy, but the balance between buyers and sellers is becoming more even.
Key takeaway: Buyers are seeing more choice. Inventory is now above last year's level while sales remain relatively steady, pointing toward more balanced conditions as the fall market approaches.
Sales Activity
A total of 99 residential properties sold during the week, compared to 105 during the same period in 2025.
That's a relatively small year-over-year difference and suggests buyer activity remains healthy despite the seasonal transition toward late summer.
Year-to-date, 3,255 sales have been recorded in 2026 compared to 3,426 at this point last year.
New Listings & Inventory
New listing activity reached 163 homes, compared to 155 during the same week last year.
Active inventory finished the week at 934 listings, up from 898 one year ago. This is an important number to watch. Earlier this year, inventory consistently trailed 2025 levels, while recent weeks have seen supply move much closer to—and at times above—last year's levels.
If that continues, buyers could head into the fall market with more choice than they had through much of the spring.
Pricing Trends
The average sale price was $467,463, compared to $478,216 during the same week last year.
That's a relatively modest year-over-year difference, particularly for a weekly average. The mix of homes sold can move this figure considerably from one week to the next, so longer-term trends remain more useful when assessing overall price direction.
What This Means Right Now
For buyers: Inventory has increased, providing more selection and potentially a little more breathing room when considering available properties.
For sellers: Buyers remain active, but increased competition between listings makes accurate pricing and strong presentation increasingly important.
What we're watching: Whether inventory continues to build through late August and into September, which could further shift the market toward more balanced conditions.
Closing Summary
The Saskatoon market appears to be gradually transitioning from the tighter conditions we experienced earlier in the year toward a more balanced late-summer market.
Sales remain healthy, but more listings are available and inventory is now above the same period last year. The next few weeks should tell us whether this is simply a seasonal increase in supply or the beginning of a more sustained shift heading into fall.
We'll continue following the numbers each week.
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 simply 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 year or simply staying informed.
Thanks for following along,
Irwin Realty & Associates
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