Martensville’s housing market in November 2025 continues to show the effects of long-term supply constraints, with fewer sales and listings but continued price growth. Despite a sharp decline in monthly sales activity, the market remains competitive thanks to limited inventory and solid demand.
Below is a detailed breakdown of this month’s numbers and what they mean for homeowners, buyers, and sellers.
Sales & Listings
Martensville recorded 8 residential sales in November, reflecting a 42.9 percent drop year over year. This slow-down is noticeable but expected given seasonal patterns and fewer new listings entering the market.
New listings fell even more dramatically:
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7 new listings
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Down 36.4 percent year over year
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Down 66.3 percent compared to the 10-year average
This significant reduction in new supply continues to tighten Martensville’s market conditions.
Year-to-date activity shows:
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170 total sales, down 4 percent
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193 new listings, down 7 percent
Despite fewer sales, demand remains steady — the challenge is simply the number of available homes.
Prices and Market Balances
Even with lower sales, Martensville continues to experience price growth, driven by persistent inventory shortages.
Total Residential Benchmark Price
✔ $418,900
✔ Up 6.2 percent year over year
Detached Price Points
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Detached Benchmark Price (Nov 2025): $500,300
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Avg Detached Price: $466,817 (up 5 percent)
Row / Townhouse
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Benchmark: $237,300
Apartment
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Benchmark: $262,600
On the inventory side:
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12 active listings remain in Martensville
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Down 40 percent year over year
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Down 82.3 percent compared to the 10-year average
This is one of the lowest inventory levels the city has seen.
As a result, months of supply sits at just 1.50, a 5 percent increase year over year — still deeply in seller-market territory.
Market Trends
Three major themes define Martensville’s market this month:
1. Tight Inventory Drives Competitive Conditions
Only 12 active listings means buyers continue to face limited options, pushing prices upward even as sales decline.
2. Strong Price Growth Across Property Types
Detached homes remain the strongest segment, with year-over-year benchmark gains of 8 percent. Townhomes and apartments also show healthy momentum.
3. Seasonal Slowdown, But Long-Term Strength
Sales dropped this month, but year-to-date activity remains stable. Benchmark prices and inventory trends point toward continued strength heading into 2026.
Whether buying or selling, understanding these supply-driven dynamics is essential for navigating Martensville’s market.
FAQs
Why did Martensville see fewer sales this month?
Sales fell 42.9 percent year over year largely due to seasonal trends and fewer new listings entering the market. Limited inventory continues to restrict overall activity.
Are home prices still rising in Martensville?
Yes. The benchmark price rose to $418,900, up 6.2 percent from last year. Detached benchmark prices also increased to $500,300.
Is it a seller’s market right now?
With only 12 active listings and 1.50 months of supply, Martensville remains a strong seller’s market characterized by tight supply and stable demand.
What does low inventory mean for buyers?
Buyers may encounter fewer choices and faster-moving listings. Being pre-approved and ready to act quickly can help secure a desired property.
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