The May 2025 housing statistics for Prince Albert, Saskatchewan, highlight a balanced yet active market with steady price appreciation and healthy sales levels.
According to the Saskatchewan REALTORS® Association, 53 residential properties sold in Prince Albert in May. While this is down slightly from last year, it's 12% above the 10-year average, showing long-term market resilience.
A notable highlight is the benchmark price of $247,100, marking a 1.8% year-over-year increase. This steady appreciation reflects both market confidence and affordability for buyers compared to other urban centres.
Inventory remains balanced, with 2.77 months of supply. While listings were slightly higher than last year, demand kept pace, preventing any significant oversupply. This stability helps sustain price growth while giving buyers some breathing room.
Prince Albert continues to offer value, space, and opportunity in the Saskatchewan housing market—ideal for first-time buyers, investors, and growing families alike.
FAQs
What was the benchmark home price in Prince Albert in May 2025?
The benchmark price was $247,100, up 1.8% compared to May 2024.
How many properties sold in Prince Albert in May 2025?
53 homes sold, 12% above the 10-year average despite a slight drop from last year.
Is the market in Prince Albert balanced?
Yes, with 2.77 months of supply, Prince Albert’s market is considered balanced.
What does the current market mean for buyers?
It means buyers have more options without extreme competition while still investing in a steadily growing market.
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