Saskatchewan Apartment-Style Condo Market Report

February 2026 | MLS® Sales Analysis

The Saskatchewan apartment-style condo market remained active through February 2026, with steady buyer demand across major urban centres. Based on MLS® data for the month, this segment continues to appeal to first-time buyers, investors, and downsizers seeking affordability, convenience, and low-maintenance living.

A total of 110 apartment-style condos sold across Saskatchewan in February, with activity heavily concentrated in Saskatoon and Regina.

Key Market Highlights

The average days on market came in at 42 days, reflecting a balanced pace of sales—properties are moving, but buyers still have some room to evaluate options.

The average sale price of condos was $232,409, with pricing varying significantly based on location, building type, and amenities.

Breaking this down further:

• 1-bedroom condos averaged $180,905

• 2-bedroom condos averaged $256,860

This price spread continues to highlight strong demand for functional, multi-bedroom layouts.

The average condo size was approximately 805 sq. ft., aligning with typical apartment-style living in Saskatchewan markets.

Pricing Trends & Negotiation Insights

Out of all sales:

• 13 properties sold above list price

• The average list-to-sale price ratio was 97.48%

This indicates a relatively balanced market, with occasional competitive situations—particularly for well-priced units in desirable neighbourhoods.

Condo Fees & Affordability

The average condo fee was $476/month, which typically includes maintenance, insurance, and shared amenities. This remains an important consideration for buyers evaluating total monthly housing costs.

Building Features & Buyer Preferences

• 41 condos sold in buildings with elevators, highlighting demand for accessibility and higher-density living.

• All 110 condos allowed pets (with or without restrictions), reinforcing the growing importance of pet-friendly housing.

• The most common parking type was underground parking, offering security and convenience—especially in urban centres.

Top Locations & Neighbourhoods

The majority of sales occurred in:

• Saskatoon (62 sales)

• Regina (34 sales)

• Prince Albert (3 sales)

Top-performing neighbourhoods included:

• Hillsdale (Regina)

• Stonebridge (Saskatoon)

• Wildwood (Saskatoon)

• Central Business District (Saskatoon)

• University Heights (Saskatoon)

These areas continue to attract buyers due to proximity to amenities, transit, and employment hubs.

Price Range & Market Extremes

• Highest sale price: $726,000

• Lowest sale price: $43,000

This wide range reflects the diversity of Saskatchewan’s condo market—from entry-level units to luxury high-rise properties.

Newer Construction Activity

There were 3 condos sold built between 2020–2026, indicating limited new inventory in the apartment-style segment. This low supply may continue to support pricing stability moving forward.

Tags

• saskatchewan real estate trends (12)
• Saskatoon condo market (2)
• condo fees Saskatchewan (2)
• condo stats February 2026 (1)
• Regina condo market (1)
• Regina Hillsdale condos (1)
• condo investment Saskatchewan (1)
• apartment condos Saskatchewan (1)
• Saskatchewan condos for sale (1)
• Saskatoon Stonebridge condos (1)