Prince Albert Real Estate Market Stats for April 2026
The Prince Albert real estate market continued to show signs of tight conditions in April 2026, with inventory remaining well below historical levels while benchmark prices moved higher year over year.
According to the April 2026 market stats for Prince Albert, there were 36 residential sales during the month, which was unchanged compared to April 2025. While sales were flat year over year, year-to-date sales were down 12.9%, showing that overall 2026 activity has been slightly slower than the same period last year.
New listing activity improved slightly in April, with 42 new listings, up 7.7% year over year. However, year-to-date new listings were still down 1.9%, meaning the market has not seen a major increase in available supply so far in 2026.
One of the most important numbers in the report is inventory. Prince Albert had 96 residential properties in inventory at the end of April, down 23.2% year over year. This is also well below the 10-year average, which continues to create a more competitive environment for buyers.
Prince Albert Benchmark Price Increased Year Over Year
The total residential benchmark price in Prince Albert was $270,100 in April 2026, up 2.6% year over year. This indicates that even though sales activity has not increased, lower inventory levels are continuing to support prices.
The average residential sale price for April was $266,452, while the median price was $252,250. The average price was up 1.6% year over year, while the median price was down 4.8% year over year.
Months of Supply Remain Low
Prince Albert had 2.67 months of supply in April 2026, down 23.2% year over year. Months of supply measures how long it would take to sell all current listings at the current pace of sales. A lower number often points to tighter market conditions, especially when inventory is also down.
With fewer properties available compared to longer-term averages, buyers may still need to act quickly when well-priced homes come on the market. For sellers, the lower inventory environment may create an advantage, especially for homes that are priced accurately and presented well.
Homes Are Selling Close to List Price
The sales-to-list price ratio for April 2026 was 96.4%, meaning homes sold for an average of 96.4% of their list price. The average days on market was 48 days, which gives both buyers and sellers useful context when setting expectations.
Year-to-Date Prince Albert Market Overview
Through the end of April 2026, Prince Albert recorded 115 residential sales, down 13% compared to the same period in 2025. There were 158 new listings, down 2%, and average inventory was 101 properties, down 19% year over year.
The year-to-date benchmark price was $271,375, up 4.4%, while the year-to-date average price was $265,822, up 15.0%.
What This Means for Buyers and Sellers
For buyers, the Prince Albert market remains competitive in certain price ranges because inventory is still low. Being prepared with financing, knowing your budget, and watching new listings closely can make a big difference.
For sellers, the market is still showing supportive conditions. Lower inventory, steady monthly sales, and rising benchmark prices can create a good opportunity, but pricing strategy remains important. Homes that are priced too high may still sit, while well-positioned listings are more likely to attract serious buyers.
Overall, April 2026 shows a Prince Albert real estate market that is not necessarily booming in terms of sales volume, but remains tight due to limited supply. That limited inventory continues to support home values and keeps the market moving.
FAQs
Is the Prince Albert real estate market strong in April 2026?
The Prince Albert market remains relatively tight due to low inventory. Sales were unchanged year over year, but inventory was down 23.2%, which continues to support home prices.
What was the benchmark price in Prince Albert in April 2026?
The total residential benchmark price in Prince Albert was $270,100 in April 2026, up 2.6% compared to April 2025.
How many homes sold in Prince Albert in April 2026?
There were 36 residential sales in Prince Albert in April 2026, which was unchanged compared to April 2025.
Is Prince Albert a buyer’s market or seller’s market?
With only 2.67 months of supply and inventory well below the 10-year average, Prince Albert is showing tighter market conditions that may favour sellers in some price ranges.
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