The August 2025 real estate market in Prince Albert continues to show resilience and strength despite seasonal shifts.

  • Benchmark Price: The total residential benchmark price rose to $279,800, marking an 11.5% year-over-year increase

    This steady growth reflects buyer confidence and continued demand.

  • Sales: There were 46 sales, up 7.0% from last year and slightly higher than year-to-date averages

    0825 Prince Albert Monthly

  • New Listings: At 62 new listings, supply is down 17.3% year-over-year, tightening options for buyers

    0825 Prince Albert Monthly

  • Inventory: Inventory fell to 144 units, down nearly 21% compared to last year, which further strengthens seller positioning

    0825 Prince Albert Monthly

  • Months of Supply:…

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Saskatchewan Housing Market: Strong Sales and Tight Inventory in August 2025

Saskatchewan’s housing market closed out the summer of 2025 with remarkable strength. According to the Saskatchewan REALTORS® Association, 1,559 residential sales were reported in August – up nearly 4% year-over-year and well above the 10-year average by 15%

0825 Saskatchewan Monthly

. This marks the 26th consecutive month of above-average sales across the province.

Sales Momentum Carries Through the Summer

While July set record-breaking numbers, August sales demonstrated that momentum is holding steady. Even as new listings fell by 5% year-over-year, Saskatchewan buyers remained active, keeping demand ahead of supply.

Provincial inventory ended the month at 5,168…

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August 2025 was another historic month for Saskatoon’s real estate market. The city reported 451 sales, a slight 1% decrease year-over-year, but still well above the 10-year average.

New listings fell 10% year-over-year, with 650 properties brought to market. Inventory closed the month at 910 units, down 4% from last year. Notably, nearly one-third of those listings were already conditionally sold, leaving just 643 available heading into September.

The biggest story is pricing. Saskatoon’s benchmark residential price climbed to $435,900, up from $432,700 in July and 7.7% higher than August 2024. This marks yet another all-time high, reflecting continued buyer demand in the face of limited supply.

Detached homes led the way with a benchmark of …

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Understanding the Saskatchewan Option Clause in Real Estate Transactions

When buying or selling a property in Saskatchewan, it’s important to understand every clause in your real estate contract—especially the Option Clause. This clause, outlined in the Saskatchewan REALTORS® Association Form 801, plays a critical role in situations where a property remains on the market while a conditional offer is in place.

What is the Option Clause?

The Option Clause allows a seller to continue showing their property and receive other offers even after accepting an initial offer with conditions. If the seller accepts another offer, they can give written notice to the first buyer, triggering a set number of hours for that buyer to remove all conditions.

How It…

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A Record-Breaking Month for Regina Real Estate

July 2025 was a landmark month for the Regina housing market, setting new records in sales and prices despite ongoing inventory challenges. The city reported 412 sales, an 8% increase year-over-year and over 30% above the 10-year average. This strong demand underscores the confidence buyers have in Regina’s real estate market.

Limited Inventory Fuels Price Growth

Although 530 new listings hit the market in July—down 1% from last year—strong sales activity kept supply tight. Inventory closed the month at 827 units, 5% lower than July 2024. With over 200 of these properties already conditionally sold, the effective active inventory heading into August sat at just 607 homes.

Benchmark Price Reaches New…

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When selling or leasing property in Saskatchewan, situations may arise where you need to stop marketing your property or completely end your brokerage agreement. The Saskatchewan REALTORS® Association’s Withdrawal or Cancellation of a Seller’s/Landlord’s Brokerage Contract form (Form 902) outlines two key options: Withdrawal and Cancellation.

Understanding these options ensures you protect your rights while meeting your contractual obligations.

Option A – Withdrawal

Withdrawal means marketing activities for your property stop immediately, but your listing agreement remains in place until it naturally expires or is formally cancelled. This may be the right choice if you plan to resume selling or leasing later but want to pause marketing for now.

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