June 2025 proved to be a strong month for Saskatoon’s real estate market. According to the Saskatchewan REALTORS® Association, Saskatoon recorded 575 sales, making it the second-highest June on record. This marks a 7% year-over-year increase and a substantial 22% above the 10-year average, indicating robust buyer activity.

New listings surged 18% year-over-year with 789 properties hitting the market. Yet, inventory levels remain 45% below historical averages, showing a market still tight on supply. Of the 937 units listed by month-end, over one-third are already conditionally sold, leaving only about 600 active properties heading into July.

After a series of record benchmark gains, Saskatoon’s market cooled slightly in June, with the benchmark price settling at $432,700, down just $1,000 from May but still over 7% higher than June 2024. This indicates continued resilience in home values despite a modest month-over-month dip.

Overall, the market balance remains tilted towards sellers, with months of supply at 1.63, far below typical balanced market levels.

For buyers and sellers alike, these stats highlight ongoing competition in Saskatoon’s market. Whether you’re considering buying, selling, or simply watching market trends, June’s figures confirm strong demand and limited supply are defining the landscape as we move into summer.

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