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 put short-term market movements into context.
Executive Snapshot
93 residential sales, exactly matching the same week last year
189 new listings, compared to 164 last year
941 active listings, compared to 904
Average sale price: $454,447, compared to $417,895 in 2025
This week's numbers point to a Saskatoon market offering buyers more selection without a significant change in sales activity. Sales matched last year's level exactly, while both new listings and overall inventory moved higher.
That combination continues to suggest a more balanced environment than we saw during the tighter periods earlier this year, but buyer activity remains steady.
Key takeaway: Buyers have more homes to choose from than they did at this time last year, but sales are keeping pace—suggesting that additional supply is creating more balance rather than signalling a significant slowdown in demand.
Sales Activity
A total of 93 residential properties sold during the week, exactly matching the 93 sales recorded during the same period in 2025.
After some week-to-week swings recently, an identical year-over-year sales result gives us a useful reminder not to place too much emphasis on any single week's movement.
Year-to-date, our weekly tracking now shows 3,655 sales in 2026 compared to 3,817 at this point last year, a difference of about 4%. So while this week's activity matched last year, overall sales for the year continue to run modestly behind 2025.
New Listings & Inventory
New listing activity was considerably stronger this week, with 189 properties coming to market compared to 164 during the same week last year—an increase of approximately 15%.
Active inventory also moved above last year's level, reaching 941 listings compared to 904.
For buyers, that's an encouraging development. More fresh listings combined with a larger overall pool of available properties can mean more choice and potentially a little more time to make decisions.
For sellers, however, increased inventory means more competition. As selection improves, accurate pricing, presentation and positioning become increasingly important.
Pricing Trends
The average sale price was $454,447, compared to $417,895 during the same week last year.
That's an increase of approximately 9%, but weekly average prices can move significantly depending on the mix of properties that happened to sell. A greater share of higher-priced homes in any given week can pull the average upward without indicating an equivalent increase in individual home values.
For broader perspective, Saskatoon's residential benchmark price was $444,700 in August, approximately 3% higher than August 2025.
That broader measure continues to suggest year-over-year price growth, but at a much more moderate pace than this week's average-price comparison alone would imply.
What This Means Right Now
For buyers: Inventory is now above last year's level and new listings remain healthy, creating more choice as we move further into the fall market. Competition hasn't disappeared, but buyers may find they have more options than they did earlier in the year.
For sellers: Buyers are still active—sales matched last year's pace exactly—but they're shopping in a market with more inventory. Pricing correctly from the beginning and presenting a property well are increasingly important.
What we're watching: Whether inventory continues to build through the second half of September, and whether sales remain steady as buyers gain more selection.
Closing Summary
This week's numbers continue to point toward a Saskatoon market that is becoming more balanced.
Sales matched last year's level exactly, while new listings increased and active inventory moved above 2025 levels. That means buyers have more selection without an obvious deterioration in demand.
The next few weeks should help clarify how far that shift toward balance goes. If inventory continues to rise while sales remain steady, buyers could gain additional breathing room this fall. If sales strengthen alongside the additional supply, market conditions may remain competitive even with more homes available.
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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