Saskatoon Real Estate Market Sets New Price Record in March 2025 Amid Low Supply

The Saskatoon real estate market came in strong this March 2025, showing signs of tight inventory and rising demand. With 403 residential sales recorded, activity surged 11% compared to March 2024 and sits 13% above the 10-year average.

Despite stronger sales, new listings were slightly down—just 1% lower year-over-year and 27% below the 10-year average. That drop in new inventory has pushed supply down to just 1.49 months, the lowest level seen entering April since 2007. Of the 602 units available at month’s end, 195 were already conditionally sold, leaving buyers with a razor-thin selection of active listings.

As demand continues to outpace supply, prices have climbed…

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The real estate market in Moose Jaw saw some shifts in February 2025, with property prices rising but sales volume declining. If you're considering buying or selling, staying informed about these trends can help you make the best decisions. Let's dive into the latest market statistics.

Market Overview

  • Total Residential Benchmark Price: $255,100 (↑ 8.3% year-over-year)
  • Total Sales: 28 (↓ 37.8% year-over-year)
  • New Listings: 47 (↓ 19.0% year-over-year)
  • Inventory: 112 active listings (↓ 3.4% year-over-year)
  • Months of Supply: 4.00 months (↑ 55.2% year-over-year)

Price Trends

The benchmark price for homes in Moose Jaw rose to $255,100, an 8.3% increase compared to February 2024. This steady appreciation indicates a competitive market despite…

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