October 2025 brought a slower pace of sales to Prince Albert’s real estate market, but prices continued to climb. Inventory remains tight, keeping the city balanced between buyer and seller conditions. 

Sales & Listings

Prince Albert recorded 40 home sales in October 2025, a 14.9 percent drop year-over-year. New listings also fell to 51 properties (−9.6%), indicating some seasonal slowing as sellers wait for spring.

At month’s end, the city had 121 active listings, down 36 percent from last year. This low inventory continues to keep the market competitive, with limited choices for buyers and steady conditions for sellers.

Prices and Market Balances

The benchmark home price in Prince Albert rose to $275,400, a 6.5 percent increase year-over-year. While sales activity softened, tight supply kept prices resilient.

With 3.03 months of supply (−24.8% Y/Y), the market leans toward sellers but is more balanced than earlier in the year. Detached homes remain the most active segment, while affordable condos and townhomes continue to draw first-time buyers.

Market Trends

Prince Albert continues to benefit from affordability and steady demand from local buyers. Lower inventory is helping sustain home values even as sales slow. Properties priced near market value still move quickly, and homes in move-in-ready condition remain highly sought after.

The balance of rising prices and fewer listings signals a healthy, sustainable market environment heading into winter.

Looking Ahead

As winter approaches, Prince Albert’s market should remain steady with prices holding firm. While activity may cool seasonally, low supply will continue to support home values into early 2026. Buyers who enter the market now can take advantage of slightly less competition before spring activity returns.

Tags

• Saskatchewan housing market (25)
• Prince Albert real estate (15)
• benchmark price (11)
• home sales (8)
• market trends (5)
• real estate update (3)
• property values (1)
• YPA homes (1)