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
85 residential sales, compared to 99 one year ago
155 new listings, compared to 137 last year
965 active listings, compared to 908
Average sale price: $429,728, compared to $412,990 in 2025
As September comes to a close, Saskatoon's housing market continues to show signs of improved balance. Sales finished below the same week last year, while new listings were higher and active inventory remained above 2025 levels.
Inventory eased slightly from the previous week, but buyers continue to have more homes to choose from than they did at this point last year.
Key takeaway: Saskatoon is heading into October with more available inventory and slightly softer sales activity than a year ago, creating more choice for buyers and increased competition among sellers.
Sales Activity
A total of 85 residential properties sold during the week, compared to 99 during the same period in 2025—a decline of approximately 14%.
Sales were also slightly lower than the 90 recorded during the previous week.
Year-to-date, our weekly tracking shows 3,830 sales in 2026 compared to 4,023 at this point last year, a difference of just under 5%.
The recent numbers suggest buyer activity remains steady, but isn't absorbing available inventory at quite the same pace we saw during some of the tighter periods earlier in the year.
New Listings & Inventory
New listing activity increased year over year this week, with 155 properties coming to market compared to 137 during the same week in 2025—an increase of approximately 13%.
Active inventory stood at 965 listings, compared to 908 one year ago, putting available supply about 6% above last year's level.
Inventory did ease slightly from 979 listings the previous week, so we're not seeing a straight-line increase. However, the broader shift remains clear: buyers currently have more properties available to them than they did at this point last year.
That's an important change from the more supply-constrained conditions we saw earlier in 2026.
Pricing Trends
The average sale price was $429,728, compared to $412,990 during the same week last year—an increase of approximately 4%.
That's a much smaller year-over-year gap than we saw in some recent weeks.
As always, weekly average sale prices can be influenced by the mix of properties sold, so one week's movement shouldn't be interpreted as an equivalent change in individual home values.
Still, the fact that prices remain above last year's weekly average while inventory has increased is worth noting. More selection has not translated into an obvious decline in selling prices.
What This Means Right Now
For buyers: More active inventory means greater selection heading into October. Buyers may have more opportunity to compare properties and make thoughtful decisions, although well-priced homes can still attract strong interest.
For sellers: There are more properties competing for buyer attention than there were a year ago. Pricing accurately, presenting the home well and having a strong marketing strategy are increasingly important.
What we're watching: Whether inventory begins its typical seasonal decline as we move deeper into fall, or whether softer sales activity keeps the number of available homes elevated compared with last year.
Closing Summary
September ends with Saskatoon's housing market looking more balanced than it did during the tighter periods earlier this year.
Sales were lower than the same week in 2025, while new listings were higher and active inventory remained about 6% above last year's level.
At the same time, the average sale price remained above last year, suggesting the increase in supply has not resulted in a significant shift in pricing.
As we move into October, the relationship between sales and inventory will be particularly important. Buyers currently have more choice, while sellers are operating in a market where standing out from the competition matters more.
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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