Saskatoon Real Estate Week in Review

September 17–23, 2026

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

• 90 residential sales, compared to 107 one year ago

• 170 new listings, compared to 193 last year

• 979 active listings, compared to 909

• Average sale price: $447,538, compared to $411,656 in 2025

Sales activity slowed compared to the same week last year, while active inventory continued to build. Despite fewer new listings entering the market, buyers now have a larger selection of available properties than they did at this time in 2025.

The latest figures suggest that Saskatoon's fall market is moving toward a more balanced environment, although broader market conditions remain relatively tight and one week's activity does not establish a long-term trend.

Key takeaway: Active inventory is increasing while weekly sales are running below last year's pace. Buyers have more selection, and sellers are facing greater competition as the fall market progresses.

Sales Activity

A total of 90 residential properties sold during the week, compared to 107 during the same period in 2025, a decline of approximately 16%.

Sales were also slightly below the 93 recorded during the previous week, suggesting a quieter stretch of activity as we move further into September.

Year-to-date, our weekly tracking shows 3,745 sales in 2026 compared to 3,924 at this point last year, a difference of approximately 5%.

Although buyer activity remains present, the combination of softer weekly sales and a growing number of available homes is worth watching over the coming weeks.

New Listings & Inventory

New listing activity totaled 170 properties this week, compared to 193 during the same week last year, a decline of approximately 12%.

Despite fewer new listings, active inventory climbed to 979 properties, compared to 909 one year ago. That's an increase of nearly 8% year over year.

Inventory also increased from 941 listings the previous week, giving buyers an additional 38 properties to choose from.

This is an important development. More inventory isn't simply the result of more homes being listed. With sales running below last year's pace, available properties appear to be accumulating, creating a larger selection for buyers.

That doesn't necessarily mean Saskatoon has shifted into a buyer's market. It does suggest that the exceptionally tight conditions experienced earlier in the year may be easing as we move into the fall.

Pricing Trends

The average sale price was $447,538, compared to $411,656 during the same week last year, an increase of approximately 9%.

However, weekly average sale prices can fluctuate considerably depending on the types, sizes and price ranges of homes sold. A higher average in one week does not mean that individual property values have increased by the same percentage.

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 points to more moderate year-over-year growth than this week's average sale price alone might suggest.

What This Means Right Now

For buyers: Active inventory is increasing, creating more selection and potentially more opportunities to compare properties before making a decision. Well-priced homes may still attract competition, but buyers have more options than they did during the tighter periods earlier this year.

For sellers: Buyers are shopping in a market with more available properties. Accurate pricing, strong presentation and a thoughtful marketing strategy are becoming increasingly important as competition between listings grows.

What we're watching: Whether active inventory continues to build through the remainder of September and whether sales activity strengthens enough to absorb the additional supply.

Closing Summary

Saskatoon's fall market is beginning to show a different balance between supply and demand.

Sales were lower than the same week last year, new listings also declined, and active inventory climbed nearly 8% above 2025 levels.

The increase in available homes is particularly noteworthy because it has occurred without a corresponding increase in new listing activity. Buyers are gaining more selection, while sellers are facing a more competitive environment.

The next few weeks will help determine whether this is a temporary seasonal adjustment or a more sustained shift toward balanced market conditions.

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