Saskatoon's benchmark home price rose nearly three percent year-over-year to $444,700 in August 2026, while new listings jumped over 12 percent, a welcome development for the province's most supply-constrained market.

Here is a look at the latest Saskatchewan REALTORS Association (SRA) figures for the Saskatoon market, straight from the August 2026 monthly report.

Saskatoon Benchmark Home Price in August 2026

The Saskatoon residential benchmark home price rose to $444,700 in August 2026, 2.8% higher than August 2025. The average sale price for the month was $463,480, up 2% year-over-year.

Benchmark and average prices by property type:

  • Detached: $515,300
  • Semi-Detached: $532,700
  • Row/Townhouse: $367,200
  • Apartment: $264,400
  • Mobile: $65,900
  • Multi-Family: $564,600

Saskatoon Home Sales in August 2026

Saskatoon recorded 446 residential sales in August 2026, which eased 0.9% versus the same month last year. That level sits 6.6% above the 10-year average for August, signalling ongoing strength in the local market.

Sales by property type in August:

  • Detached: 286 sales (-1% Y/Y)
  • Semi-Detached: 14 sales (8% Y/Y)
  • Row/Townhouse: 60 sales (-6% Y/Y)
  • Apartment: 76 sales (-3% Y/Y)
  • Mobile: 5 sales (67% Y/Y)
  • Multi-Family: 5 sales (67% Y/Y)

Year-to-date through August 2026, Saskatoon has posted 3434 residential sales, 4% below the same period in 2025.

Inventory, New Listings and Days on Market

New listings in Saskatoon totalled 730 in August, up 12.3% year-over-year. Active inventory climbed to 965 listings, 5.7% above August 2025. Months of supply climbed to 2.16, which points to a balanced-to-seller-leaning market this month.

Homes are selling faster than the long-term norm, with an average of 28 days on market, versus a 10-year August average of about 42 days.

What This Means for Buyers and Sellers

Buyers: Selection is thinner than average, so being pre-approved and ready to view new listings promptly still matters.

Sellers: Demand remains healthy. Realistic pricing and strong presentation still lead to fast, clean deals.

The Bottom Line

The Saskatoon market in August 2026 shows rising values, above-average sales activity, and days on market well inside the 10-year norm. Whether you are thinking about buying, selling, or just watching your neighbourhood's numbers, I can help you turn this data into a plan. Get in touch with Kent Braaten for a no-pressure conversation.

Source: Saskatchewan REALTORS Association (SRA), Saskatoon Monthly Market Stats, August 2026

Related Links

FAQs

What is the benchmark home price in Saskatoon for August 2026?

The Saskatoon residential benchmark home price was $444,700 in August 2026, 2.8% higher than August 2025.

Is Saskatoon currently a buyer's or seller's market?

With 2.16 months of supply in August 2026, Saskatoon is best described as a balanced market with a slight seller lean.

How many homes sold in Saskatoon in August 2026?

There were 446 residential sales in Saskatoon in August 2026, with year-to-date sales at 3434 through August.

How long does it take to sell a home in Saskatoon?

Homes sold in an average of 28 days in August 2026, well below the 10-year August average of about 42 days for Saskatoon.

Posted on

Enjoy this blog post? Click here to subscribe for updates

Tags

Email Send a link to post via Email

Leave A Comment

e.g. yourwebsitename.com
Please note that your email address is kept private upon posting.