Saskatchewan Real Estate Market Continues Strong Performance Through August 2025
Saskatchewan’s housing market closed out the summer of 2025 on a high note, with residential real estate activity remaining well above long-term averages. According to the Saskatchewan REALTORS® Association, the province recorded 1,559 residential sales in August 2025, a 4% increase year-over-year, and 15% above the 10-year average.
This marks 26 consecutive months of above-average home sales in Saskatchewan, bucking national trends and keeping the Prairie province in a league of its own.
🏡 Inventory & New Listings: Still Tight
Despite a 5% year-over-year decline in new listings, overall inventory in the Saskatchewan real estate market remained nearly unchanged. As of the end of August:
5,168 active listings were on the market
1,000+ were conditionally sold, leaving 4,137 available units heading into September
“Saskatchewan’s housing market delivered another strong performance in August – not quite matching the record-breaking numbers from July, but clearly maintaining its momentum,” said Saskatchewan REALTORS® Association CEO, Chris Guérette.
Guérette adds, “Year-to-date sales continue to surpass the near-record levels we saw in 2024, and I expect to close our third quarter statistics next month with the same intensity in sales and shortage of inventory.”
📈 Saskatchewan Home Prices in August 2025
The residential benchmark price across Saskatchewan reached $372,200 in August, a slight dip from July’s record-setting $372,700. This minor month-over-month decline follows typical seasonal patterns, but prices remain 8% higher than in August 2024, showcasing the province’s consistent long-term growth.
“Once again, Saskatchewan’s market is outperforming expectations,” said Guérette. “While we anticipate some seasonal slowing in transaction volumes, underlying demand remains strong—and we expect that momentum to carry through the remainder of 2025.”
📍 Regional Housing Market Highlights
Saskatoon Real Estate Market (Saskatoon-Biggar Region)
451 home sales in August (down 1% year-over-year)
Still well above the 10-year average
New listings down 10%, with only 650 homes added
Residential benchmark price: $435,900, setting a new record
Nearly 1 in 3 listings conditionally sold, with 643 homes available heading into September
Regina Real Estate Market (Regina-Moose Mountain Region)
356 sales in August (down 8% YoY, but still 14% above 10-year average)
465 new listings, down 7% compared to last year
Benchmark price: $341,300, slightly down from July’s record of $343,300, but still 7% higher than August 2024
599 active units available heading into September, after conditional sales
🏘️ Price Trends Across Saskatchewan
Saskatchewan real estate prices continued their upward trend, with all regions reporting year-over-year price growth for the fourth month in a row.
Double-Digit Price Growth in August 2025:
Melfort: +19%
Humboldt: +15%
Estevan: +13%
Moose Jaw: +12%
Prince Albert: +12%
Inventory & Supply
Saskatoon-Biggar (2.4 months of supply) and Regina-Moose Mountain (2.9 months) are facing the tightest market conditions in the province
5 of 6 Saskatchewan economic regions are reporting inventory levels at least 40% below the 10-year average
📊 What This Means for Buyers and Sellers
The Saskatchewan housing market in August 2025 remains incredibly active and competitive. Buyers need to be prepared to act quickly, while sellers continue to benefit from strong demand and rising prices.
Whether you're looking to buy a home in Saskatoon, sell property in Regina, or invest elsewhere in the province, understanding local market conditions is key.
➡️ For more insights, personalized advice, and the latest Saskatoon real estate listings, connect with REALTOR® Cindy Savino today. You can also see month-to-month Saskatoon Market Updates here on the Insider.
🏡 Ready to Make a Move?
Explore Cindy’s free buyer and seller resources, or contact her directly for a Saskatoon real estate consultation.
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