Saskatoon New Construction Market Update
Week of March 16 to March 22, 2026
The Saskatoon new construction market continues to show steady activity, with a mix of detached homes and townhomes leading the way. This week’s data reflects a focused snapshot of newly built properties (2025 and 2026 construction), giving a clear picture of pricing, demand, and neighbourhood trends.
Market Activity Overview
During this reporting period, there were 14 new construction properties sold, with no active or conditionally sold listings captured in this dataset.
Detached homes dominated sales activity, followed by row and townhouse properties, while apartment-style units represented a smaller portion of the market.
- Houses (Detached): 8 sales
- Row/Townhouses: 5 sales
- Apartment Units: 1 sale
Pricing Trends
The average sale price across all new construction properties came in at $520,237, reflecting strong demand for newer inventory in Saskatoon.
Detached homes continued to command a premium, with an average sale price of $579,980.
The price range for new construction this week was wide:
- Most expensive sale: $968,250
- Least expensive sale: $225,000
Despite competitive pricing, only 5 properties sold over asking price, with an overall list-to-sale price ratio of 93.40%, indicating some negotiation room in the new construction segment.
Days on Market
New builds are moving at a moderate pace, with an average of 33 days on market. This suggests buyers are taking time to evaluate options, especially with multiple new builds available in key neighbourhoods.
Basement Suites
Basement suites remain a notable feature in new construction:
- Regulation suites: 2 properties
- Non-regulation suites: 0 identified
- No suite: 12 properties
This continues to highlight a smaller but important segment of builders catering to income-generating opportunities.
Top Neighbourhoods for Sales
New construction activity remains concentrated in a few high-growth communities:
- Brighton: 6 sales
- Rosewood: 4 sales
- Kensington: 2 sales
- Exhibition & Hampton Village: 1 sale each
Brighton continues to lead the way as Saskatoon’s most active new construction hub, driven by ongoing development and strong buyer demand.
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. 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.
FAQs
What qualifies as new construction in Saskatoon?
New construction refers to homes built in 2025 or 2026 in this report.
Which neighbourhood has the most new construction activity?
Brighton had the highest number of new construction sales during this reporting period.
Are new homes selling above list price?
Some are, but fewer than before. 5 out of 14 homes sold above asking price this week.
Are basement suites common in new builds?
Basement suites are still limited, with only a small number of new homes offering legal suites.
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