Saskatchewan Lakes Real Estate Market Stats, Q1 2026 Sold Report 

The first quarter of 2026 gave us a useful snapshot of lake property activity across Saskatchewan. Based on the sold data in this report, 22 properties sold across 13 different waterbodies, showing that buyer demand was spread across a wide mix of recreational and year-round lake communities.

The busiest waterbodies for sales in Q1 were Last Mountain Lake with 5 sales and Candle Lake with 4 sales. Little Manitou Lake and Turtle Lake followed with 2 sales each, while the remaining waterbodies each recorded 1 sale. Even though activity was spread out, these top-performing lake communities clearly led the market in early 2026.

Across all sold lake properties in the report, the average days on market was 105.3 days, while the average sale price came in at $330,923. That tells us the quarter included a broad range of inventory, from more affordable seasonal properties to higher-end cabins and lake homes.

The highest sale price in the quarter was $675,000 at Candle Lake, while the lowest sale price was $56,000 at Marean Lake. That pricing spread shows just how varied Saskatchewan’s lake property market can be depending on the waterbody, property type, lot, improvements, and year-round usability.

When we look at the top communities by number of sales, here is how Q1 2026 shaped up:

• Last Mountain Lake: 5 sales
• Candle Lake: 4 sales
• Little Manitou Lake: 2 sales
• Turtle Lake: 2 sales
• Crooked Lake: 1 sale
• Emma Lake: 1 sale
• Humboldt Lake: 1 sale
• Lake Diefenbaker: 1 sale
• Little Bear Lake: 1 sale
• Lower Fishing Lake: 1 sale
• Marean Lake: 1 sale
• McPhee Lake: 1 sale
• Wakaw Lake: 1 sale

Among the leading waterbodies, Candle Lake posted the strongest average sale price at $402,250 across 4 sales, while Last Mountain Lake led in total number of transactions. Turtle Lake also stood out with a quicker pace, averaging 52 days on market, which was noticeably faster than the overall quarterly average.

This quarter also highlights an important trend in Saskatchewan’s lake market. Sales are not concentrated in just one or two well-known destinations. Instead, activity is happening across a broad range of waterbodies, giving buyers options at several price points and giving sellers in many lake communities reason to stay confident about market visibility.

For buyers, this kind of market means there are still opportunities, especially in communities where pricing remains more approachable. For sellers, the data shows that properly priced lake properties are still moving, but timing and presentation remain important, especially in markets where days on market can stretch longer.

If you are thinking about buying or selling at the lake, understanding what has actually sold is one of the best ways to measure value. Looking at sold data by waterbody helps paint a much clearer picture than broad provincial averages, especially in a market as diverse as Saskatchewan lake real estate.

Disclaimer: All statistics and market data referenced in this report are based on MLS® information available as of the date and time of publication, using Saskatchewan (CST) time. Click here to discover which Lakes are included in the market snapshot. Data is subject to change and may be revised as listings are updated, corrected, or reported. This information is provided for general market insight only and should not be relied upon as a substitute for professional real estate advice.

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