As autumn settled over Saskatchewan, Martensville’s real estate market remained resilient in October 2025, delivering strong sales numbers despite lower inventory. With supply sitting well below typical fall levels, prices continued their steady climb, reinforcing Martensville’s position as one of the province’s most active and stable housing markets. Buyers remain eager, sellers are benefiting from faster transactions, and the community continues to experience healthy growth as it moves toward the end of the year.
Sales & Listings
October saw 14 residential sales, marking a 17 percent increase year-over-year and showcasing continued demand even as the fall market typically cools.
At the same time, 16 new listings entered the market — down 16 percent from last year — leaving buyers with fewer options to choose from.
With only 15 active listings on the market at month’s end (a 44 percent decline year-over-year), Martensville’s months of supply dropped to 1.07, further tightening market conditions and giving sellers a strong advantage.
Prices and Market Balances
The benchmark price climbed to $412,500, representing a 4.3 percent increase from October 2024. Detached homes continue to lead the market with benchmark values around $420,000, supported by sustained local demand and limited available inventory.
Homes are selling quickly — the average property spends just 24 days on market, reflecting both buyer urgency and well-priced listings moving efficiently. While affordability pressures are noticeable across the province, Martensville continues to deliver strong value within commuting distance of Saskatoon.
Market Trends
Martensville’s housing market remains one of the most balanced and active among Saskatchewan’s smaller cities. Low supply continues to shape the market, driving modest price appreciation while maintaining stability. Year-to-date sales are down slightly (–1%), but overall performance remains ahead of historical averages.
Strong employment, infrastructure investment, and quality-of-life appeal have made Martensville an attractive option for both first-time buyers and families upgrading to newer homes.
Looking Ahead
As 2025 winds down, Martensville’s market shows no signs of instability. The combination of limited inventory, healthy price growth, and consistent buyer demand positions the city well for a balanced transition into 2026. Sellers can expect continued activity through winter, while buyers who remain active may benefit from slightly reduced competition before spring listings ramp up.
FAQs
How many homes sold in Martensville in October 2025?
There were 14 sales in October 2025, a 17 percent increase compared to October 2024.
What was the benchmark home price in Martensville?
The benchmark price reached $412,500 in October 2025, up 4.3 percent year-over-year.
Is Martensville currently a buyer’s or seller’s market?
With only 1.07 months of supply and inventory down 44 percent, Martensville remains a strong seller’s market.
How are home prices expected to trend heading into 2026?
Prices are expected to stay stable or rise modestly through early 2026 due to low inventory and steady demand.
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