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
82 residential sales, compared to 95 one year ago
122 new listings, compared to 129 last year
935 active listings, compared to 875
Average sale price: $413,055, compared to $370,327 in 2025
Sales and new listing activity were both lower than the same week last year, while active inventory remained higher. Buyers continue to have more selection than they did in October 2025, even as fewer new properties enter the market.
The average sale price was also higher year over year, although weekly pricing figures can be influenced by the types and price ranges of properties sold.
Key takeaway: Saskatoon's fall market continues to offer buyers more selection, while sales activity remains below last year's pace. With inventory holding above 2025 levels, pricing and presentation are becoming increasingly important for sellers.
Sales Activity
A total of 82 residential properties sold during the week, compared to 95 during the same period in 2025 - a decline of approximately 14%.
That's slightly below the 86 sales recorded during the previous reporting period, although that period covered a different number of days.
Year-to-date, our weekly tracking now shows 3,998 sales in 2026 compared to 4,239 at this point last year, a difference of approximately 5.7%.
While buyers remain active, the year-to-date figures reinforce what we've been seeing in recent weeks: sales activity is running modestly behind 2025.
The question as we move further into October is whether that slower pace will continue or whether buyers will take advantage of the additional inventory available.
New Listings & Inventory
New listing activity totalled 122 properties this week, compared to 129 during the same week last year - a decline of approximately 5%.
Despite fewer new listings, active inventory stood at 935 properties, compared to 875 one year ago. That's an increase of nearly 7%.
Inventory also rose slightly from 921 listings the previous week.
This is an important development because it shows that the larger selection available to buyers isn't simply the result of more homes coming onto the market.
With sales running below last year's pace, properties may be remaining available longer, contributing to the higher inventory levels we're seeing.
However, inventory remains relatively limited by historical standards, and increased selection doesn't necessarily mean the market has shifted decisively in favour of buyers.
Pricing Trends
The average sale price was $413,055, compared to $370,327 during the same week last year—an increase of approximately 11.5%.
That's a substantial year-over-year difference, particularly during a period when sales activity has softened.
However, weekly average sale prices are sensitive to the mix of properties sold. A greater proportion of higher-priced homes can push the average upward without indicating an equivalent increase in individual property values.
For broader perspective, the Saskatchewan REALTORS® Association reported a residential benchmark price of $444,700 in August, approximately 3% higher than August 2025.
The broader pricing picture therefore suggests more moderate year-over-year appreciation than this week's average alone might indicate.
What This Means Right Now
For buyers: Active inventory remains higher than last year, providing more selection as we move through October. Buyers may have additional opportunities to compare properties and make informed decisions, particularly when homes have been available for longer periods.
For sellers: Buyer activity remains present, but there are more properties competing for attention. Accurate pricing, strong presentation and an effective marketing strategy are especially important when buyers have more options.
What we're watching: Whether inventory continues to remain elevated as we move toward November, and whether slower sales activity begins to influence pricing or the length of time homes remain on the market.
Closing Summary
Saskatoon's fall housing market continues to show signs of improved balance between supply and demand.
Sales and new listings were both lower than the same week last year, while active inventory remained nearly 7% higher.
Buyers have more selection, but the market hasn't experienced a dramatic shift in pricing. Weekly average sale prices remain variable, reinforcing the importance of looking at broader trends rather than individual weekly results.
As October progresses, we'll be watching whether the additional inventory continues to provide buyers with more breathing room or whether seasonal declines in new listings begin to tighten available supply again.
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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