Residential Market Watch – January 2026
As 2026 kicks off, Saskatchewan’s real estate market is proving once again why it stands apart from many other parts of Canada. While national headlines focus on corrections and slowdowns in major centres like Toronto and Vancouver, Saskatoon and much of the province are seeing steady, above-average sales, tight inventory conditions, and continued affordability—three key pillars that set a positive tone for the year ahead.
31 Straight Months of Strong Sales Across Saskatchewan
Saskatchewan recorded 712 home sales in January, marking 31 consecutive months of above-average activity. Inventory remains tight, with nearly 700 of the 3,508 active listings conditionally sold, leaving only 2,855 properties available across the province going into February.
While new listings declined by 4% compared to last January—and remained 27% below the 10-year average—buyer demand shows no signs of slowing down. The province continues to experience a supply crunch, with inventory levels sitting nearly 50% below historical norms.
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Benchmark Prices Up Across the Province
Saskatchewan’s residential benchmark price reached $359,500 in January, up from $359,000 in December and nearly 6% higher than January 2025. Every region in the province reported year-over-year price growth, with four areas showing double-digit gains.
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Spotlight on Saskatoon
While Saskatoon sales dipped 6% year-over-year, they still landed 7% above the 10-year average for January. With 635 active listings at month’s end, and 187 conditionally sold, only 448 homes remained available heading into February.
The benchmark price for houses in Saskatoon hit $417,800, a slight increase from December and 4% higher than this time last year—a clear sign of buyer confidence and ongoing market stability.
🔍 Thinking about buying in Saskatoon this year? Browse available houses for sale in Saskatoon, or check out Cindy’s Mortgage Calculator to see what fits your budget.
Regional Market Highlights
Regina reported 172 sales (up 1% YoY), with inventory 50% below long-term averages and a benchmark price of $330,600.
Swift Current-Moose Jaw, Saskatoon-Biggar, and Regina-Moose Mountain regions all posted sales above their 10-year averages.
Melville, Yorkton, Humboldt, and Swift Current led the province in benchmark price gains, with increases of 11–15%.
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A Positive Outlook for Saskatchewan Buyers and Sellers
“Saskatchewan continues to offer something that is increasingly rare in Canada,” said Saskatchewan REALTORS® Association CEO, Chris Guérette. “While market conditions will evolve throughout 2026, the combination of steady demand, tight supply, and relative affordability points to a promising year ahead.”
If you’re thinking about making a move this year—whether buying or selling—Cindy Savino is here to help you navigate the Saskatoon real estate market with confidence.
📞 Call or Text: 306-222-2207
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