November brought a mix of strong pricing gains and shifting supply conditions in the Moose Jaw real estate market. While sales activity eased compared to last year, rising benchmark prices and increasing inventory are reshaping opportunities for both buyers and sellers heading into 2026.
Sales and Listings
November recorded 29 residential sales, a 34% year-over-year decline, bringing activity below both last year and the 10-year average. Detached homes made up the majority of sales, with 25 detached sales, down 34% compared to November 2024.
New listings totaled 58, rising 9% year-over-year, helping replenish inventory heading into winter. Year-to-date, new listings sit at 772, nearly identical to last year.
Buyers now have 129 active listings to choose from, up 11% year-over-year, marking a noticeable shift from tighter conditions earlier in the year.
Prices and Market Balances
Despite slower sales, prices continue to trend upward.
The Total Residential Benchmark Price for Moose Jaw in November 2025 reached:
$281,000 — up 9.4% year-over-year
Detached homes saw strong price performance as well:
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Detached Benchmark Price: $256,300 (↑ 10%)
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1-Storey Detached: $299,300
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2-Storey Detached: $265,100
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Apartment Benchmark Price: $183,800
The Average Price for all residential sales in November was $259,890, up 12%.
Supply conditions also shifted:
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Months of Supply: 4.45
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↑ 69% year-over-year
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Still far below the 10-year average of 7.42
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This indicates a market moving toward balance, but still leaning slightly toward sellers in several price bands.
Market Trends
Several key trends shaped the November market:
1. Price Growth Remains Strong
Benchmark prices continue their steady upward trend seen throughout 2024 and 2025.
2. Detached Homes Dominate|
Detached homes represented over 80% of sales and continue to drive local price performance.
3. Inventory Rising but Still Below Typical Levels
While inventory increased 11% year-over-year, it remains 40% below the 10-year average, keeping upward pressure on prices.
4. Apartments Show Slower Price Gains
Apartment benchmark prices dipped slightly year-over-year, offering more affordable entry points.
5. Market is Transitioning
With more listings, softer sales, and rising supply, Moose Jaw is trending toward a more balanced market — beneficial for buyers who need more time and choice.
FAQs
What is the benchmark price in Moose Jaw for November 2025?
The benchmark price for November 2025 is $281,000, an increase of 9.4 percent compared to last year.
Is Moose Jaw currently a buyer’s or seller’s market?
With 4.45 months of supply, the market is shifting toward balance, though inventory levels remain well below long-term averages.
How many homes sold in Moose Jaw in November?
There were 29 residential sales in November, a 34 percent decline year-over-year.
Are home prices expected to rise or stabilize?
Prices continue showing strong upward momentum, driven by low inventory and steady demand, suggesting continued stability into 2026.
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