The Martensville real estate market continued its balanced momentum in September 2025, maintaining steady sales and price growth even as new listings began to taper off for the season.
According to the Saskatchewan REALTORS® Association, Martensville’s benchmark home price reached $428,000, up 7.3% year-over-year, reflecting ongoing buyer demand and sustained confidence in the market.
Sales and Listings
Home sales in Martensville totaled 13 in September, down slightly from last year but still 11% above the 10-year average. Meanwhile, new listings fell 8% year-over-year, leading to tighter conditions for buyers as fewer homes entered the market.
Inventory and Supply
Active listings dipped to 16 properties, resulting in 2.5 months of supply—a 36% decline from 2024. This low level of supply indicates the market remains firmly in seller’s territory, with well-priced homes continuing to move quickly.
Price Trends
The average home price in Martensville rose modestly to $403,100, maintaining upward pressure driven by demand for family homes and limited inventory. Detached properties continue to dominate local sales, reflecting the city’s popularity among growing families seeking space and community convenience near Saskatoon.
Outlook
As fall continues, Martensville’s real estate market is expected to see typical seasonal moderation. However, strong economic fundamentals and limited inventory should help keep prices stable through the end of 2025.
“Martensville continues to be a sought-after market for buyers looking for affordability and proximity to Saskatoon,” said a local REALTOR®. “Even with fewer new listings, demand has remained consistent, showing confidence in the community’s long-term appeal.”
FAQs
What was Martensville’s benchmark home price in September 2025?
The benchmark price in Martensville was $428,000, marking a 7.3% increase compared to September 2024.
How many homes sold in Martensville during September 2025?
There were 13 home sales in Martensville, slightly below last year but still above the 10-year average.
Is Martensville currently a buyer’s or seller’s market?
With only 2.5 months of supply and steady demand, Martensville remains a seller’s market.
What’s the outlook for Martensville’s real estate market going into late 2025?
Prices are expected to remain stable through the rest of 2025, supported by strong demand and limited new listings.
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