Saskatchewan Commercial Real Estate Market Update

Sales & Lease Activity | February 2026

The Saskatchewan commercial real estate market continued to show steady activity through February 2026, with a healthy mix of business sales and lease transactions across the province. Whether you are an investor, business owner, or landlord, this snapshot provides a clear look at where the market is today and how properties are performing.

Market Overview

In total, 25 commercial properties and businesses were sold, alongside 9 lease transactions recorded during the month. This balance reflects a market that is still seeing strong ownership interest, while also maintaining consistent leasing demand from business operators.

The average sale price for…

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Saskatoon Surrounding Communities Market Overview

The real estate market in the surrounding communities of Saskatoon remained active during the week of March 16 to March 22 2026, with steady demand across several towns. A total of 13 properties were reported sold, showing continued buyer interest in more affordable and lifestyle-focused markets outside the city.

The average sale price across all properties was $363,485, with homes taking an average of 30 days to sell. These numbers suggest a balanced pace where buyers are still active but taking time to evaluate opportunities.

Breakdown by Property Type

Detached homes continued to dominate the market, accounting for 11 of the 13 sales. Attached properties made up the remaining 2 transactions.…

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Saskatoon New Construction Market Update

Week of March 16 to March 22, 2026

The Saskatoon new construction market continues to show steady activity, with a mix of detached homes and townhomes leading the way. This week’s data reflects a focused snapshot of newly built properties (2025 and 2026 construction), giving a clear picture of pricing, demand, and neighbourhood trends.

Market Activity Overview

During this reporting period, there were 14 new construction properties sold, with no active or conditionally sold listings captured in this dataset.

Detached homes dominated sales activity, followed by row and townhouse properties, while apartment-style units represented a smaller portion of the market.

  • Houses (Detached): 8 sales

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The Saskatoon real estate market continued to show steady activity during the week of March 16 to March 22, 2026, with a total of 89 properties sold across the city. Buyer demand remained consistent, particularly in well-established and growing neighbourhoods, while pricing and days on market indicate a balanced and competitive environment.

Sales Breakdown by Property Type

Detached homes led the market with 47 sales, followed by 26 attached properties, 15 apartment-style condos, and 1 mobile home sale. Detached properties continue to dominate, but the volume of attached and apartment sales highlights ongoing demand for more affordable and low-maintenance options.

Average Price and Days on Market

The average sale price across all property types was…

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If you have spent any time in northern Saskatchewan, you already know that the RM of Lakeland is one of those rare places that feels both untouched and welcoming at the same time. With its chain of pristine lakes, quiet forested shorelines, and endless summer days, Lakeland offers the kind of outdoor experience people come back to year after year.

Whether you are casting a line at sunrise, cruising the lake in the afternoon, or unwinding by the fire in the evening, here are some of the best spots in Lakeland for fishing, boating, and simply relaxing.

Emma Lake

Emma Lake is one of the most well-known and loved destinations in Lakeland, and for good reason. The water is clear, the beaches are sandy, and the lake offers a perfect balance between…

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First-Time Home Buyer Incentives in Saskatoon, SK (2026 Guide)

If you are thinking about buying your first home in Saskatoon, there are more incentives available than most buyers realize. Between federal programs and Saskatchewan-specific benefits, first-time buyers can stack multiple incentives to significantly reduce upfront costs and improve affordability.

Below is a complete breakdown of the most important programs available in 2026, with direct links to official sources for each.

Federal Incentives for First-Time Buyers

First-Time Home Buyers’ Tax Credit

The federal government offers a tax credit to help offset closing costs.

  • Up to $1,500 in tax savings

  • Helps cover legal fees, inspections, and other expenses

 

Learn…

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Borden, Saskatchewan Real Estate & Community Spotlight

Nestled just west of Saskatoon along the banks of the North Saskatchewan River, Borden offers a lifestyle that is becoming increasingly hard to find. It blends small town charm with convenient access to city amenities, making it an appealing option for buyers looking for space, affordability, and a strong sense of community.

As a real estate professional working across Saskatchewan, Borden is one of those hidden gems that continues to attract attention from buyers who want more value for their dollar without sacrificing accessibility.

Location & Accessibility

Borden sits just off Highway 16, roughly 50 km northwest of Saskatoon. The commute into the city is straightforward and typically under…

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Saskatchewan Farmland Market Report – February 2026

Farmland Sales Continue to Show Strength Across Saskatchewan

The Saskatchewan farmland market remained active in February 2026, with strong demand across multiple rural municipalities and continued competition for quality land. Buyers remained focused on productive grain land, while mixed-use and hay properties also contributed to overall activity.

A total of 38 farmland properties sold across the province in February, highlighting continued confidence in Saskatchewan’s agricultural land sector.

Key Market Highlights

The average price per acre across all farmland sales came in at approximately $2,796 per acre, reflecting a stable pricing environment with strong demand for higher-quality…

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If you are searching for a newer, thoughtfully designed community in Saskatoon, Aspen Ridge deserves your attention. Located in the city’s northeast corner, Aspen Ridge blends modern living, natural landscapes, and long term growth potential. It has quickly become one of Saskatoon’s most desirable neighbourhoods for families, professionals, and investors alike.

A Master-Planned Community Designed for Lifestyle

Aspen Ridge is a carefully planned neighbourhood that focuses on balance. You will find wide streets, architectural controls that maintain curb appeal, and a mix of housing styles that create a cohesive and attractive streetscape. From modern single family homes to townhouses and future multi family developments, the area offers options for a…

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Saskatchewan Row/Townhouse Market Overview

February 2026 delivered a steady and competitive market for row and townhouse properties across Saskatchewan, with strong activity concentrated in major urban centres. A total of 94 properties sold, highlighting consistent demand for affordable, low-maintenance housing options across the province.

The average sale price reached $308,155, reinforcing the continued strength of this segment as both a first-time buyer and investment opportunity.

Key Market Statistics

The market maintained a balanced pace in February, with properties averaging 32 days on market, indicating healthy absorption without excessive inventory buildup.

Of the 94 sales:

  • 22 properties included garages, showing a continued…

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