Prince Albert's benchmark home price edged up 1.5 percent year-over-year to $280,700 in August 2026, with inventory tightening more than a quarter and new listings falling nearly a third.
Here is a look at the latest Saskatchewan REALTORS Association (SRA) figures for the Prince Albert market, straight from the August 2026 monthly report.
Prince Albert Benchmark Home Price in August 2026
The Prince Albert residential benchmark home price rose to $280,700 in August 2026, 1.5% higher than August 2025. The average sale price for the month was $294,290, up 8% year-over-year.
Benchmark and average prices by property type:
- Detached: $281,600
- Semi-Detached: $195,000
- Row/Townhouse: $330,400
- Apartment: $251,100
Prince Albert Home Sales in August 2026
Prince Albert recorded 43 residential sales in August 2026, which eased 6.5% versus the same month last year. That level sits 1.9% above the 10-year average for August, signalling ongoing strength in the local market.
Sales by property type in August:
- Detached: 38 sales (12% Y/Y)
- Semi-Detached: 1 sales (0% Y/Y)
- Row/Townhouse: 3 sales (0% Y/Y)
- Apartment: 1 sales (-80% Y/Y)
Year-to-date through August 2026, Prince Albert has posted 289 residential sales, 11% below the same period in 2025.
Inventory, New Listings and Days on Market
New listings in Prince Albert totalled 42 in August, down 32.3% year-over-year. Active inventory tightened to 106 listings, 26.4% below August 2025. Months of supply eased to 2.47, which points to a balanced-to-seller-leaning market this month.
Homes are selling faster than the long-term norm, with an average of 36 days on market, versus a 10-year August average of about 64 days.
What This Means for Buyers and Sellers
Buyers: Selection is thinner than average, so being pre-approved and ready to view new listings promptly still matters.
Sellers: Demand remains healthy. Realistic pricing and strong presentation still lead to fast, clean deals.
The Bottom Line
The Prince Albert market in August 2026 shows rising values, above-average sales activity, and days on market well inside the 10-year norm. Whether you are thinking about buying, selling, or just watching your neighbourhood's numbers, I can help you turn this data into a plan. Get in touch with Kent Braaten for a no-pressure conversation.
Source: Saskatchewan REALTORS Association (SRA), Prince Albert Monthly Market Stats, August 2026
Related Links
- Search All Saskatoon MLS Listings – browse every active listing on the Saskatoon MLS.
- Saskatoon Recently Sold Homes – see what has actually been selling across the Saskatoon area.
- Free Home Evaluation – find out what your home is worth in today's market.
- Mortgage Calculator – estimate your monthly payment before you shop.
- Home Buyers Guide – a step-by-step walkthrough for buyers.
- Saskatoon Communities – explore neighbourhood profiles across the city.
FAQs
What is the benchmark home price in Prince Albert for August 2026?
The Prince Albert residential benchmark home price was $280,700 in August 2026, 1.5% higher than August 2025.
Is Prince Albert currently a buyer's or seller's market?
With 2.47 months of supply in August 2026, Prince Albert is best described as a balanced market with a slight seller lean.
How many homes sold in Prince Albert in August 2026?
There were 43 residential sales in Prince Albert in August 2026, with year-to-date sales at 289 through August.
How long does it take to sell a home in Prince Albert?
Homes sold in an average of 36 days in August 2026, well below the 10-year August average of about 64 days for Prince Albert.
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