Market Insight: Martensville Real Estate in July 2025
July 2025 was a strong month for the Martensville real estate market, marked by a sharp increase in sales and ongoing inventory constraints. With year-over-year sales growth of over 40% and fewer homes available for buyers, the market continues to lean heavily in favour of sellers.
???? Sales Surge
Martensville recorded 37 home sales in July 2025—an increase of 42% year-over-year. This growth highlights continued demand in one of Saskatchewan’s most attractive bedroom communities.
Fewer Listings, Lower Inventory
While 39 new listings came to market, active inventory dropped to just 45 units—down 26% from last July. That’s the lowest level of July inventory Martensville has seen since 2009.
Home Prices Holding Strong
The benchmark price for a home in Martensville held steady at $390,000, a slight decrease of 1.5% from July 2024. Despite the minor dip, pricing remains elevated due to the scarcity of supply.
Tight Seller’s Market
With a sales-to-new listings ratio of 0.95 and just over one month of inventory, Martensville is firmly in seller’s market territory. Homes are moving quickly with the median days on market well below seasonal averages.
FAQs
How many homes were sold in Martensville in July 2025?
37 homes were sold, which is a 42% increase compared to July 2024.
Is Martensville currently in a seller’s market?
Yes, with only one month of inventory and a 0.95 sales-to-new listing ratio, it's a strong seller’s market.
What is the current benchmark home price in Martensville?
The benchmark home price is $390,000, slightly down by 1.5% from the previous year.
What does low inventory mean for home buyers?
Low inventory means more competition among buyers and quicker home sales, often with less negotiating room.
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