Saskatoon Real Estate Market Update

Week of February 23rd – March 1st, 2026

The Saskatoon real estate market remained active this past week, with strong buyer engagement across detached homes, townhouses, and apartment-style properties.

A total of 82 properties sold in Saskatoon between February 23rd and March 1st, 2026, demonstrating steady demand as we move deeper into the spring market.

Total Properties Sold: 82

Breakdown by Building Type

• 42 Detached Houses

• 14 Row/Townhouses

• 14 Low-Rise Apartments (3 floors and under)

• 8 High-Rise Apartments (4+ floors)

• 3 Semi-Detached (1/2 Duplex)

• 1 Full Duplex (both units)

Detached homes continue to lead the market, representing just over half of all sales.

Average Days on Market (DOM)

• 33.4 days

Homes are selling in just over a month on average, indicating balanced but active conditions.

Pricing Overview

• Average Sold Price (All Property Types): $386,576

• Average Sold Price (Detached Homes Only): $477,240

• Highest Sale Price: $1,450,000

• Lowest Sale Price: $90,000

Detached homes continue to command strong pricing, while the lower end of the market remains accessible for entry-level buyers and investors.

List-to-Sale Performance

• 30 properties sold above list price

• Overall List-to-Sale Price Ratio: 99.91%

Nearly one-third of properties sold above asking price, highlighting competitive segments of the market.

Basement Suites

• 5 Non-Regulation Suites Sold

• 2 Regulation Suites Sold

Basement suites continue to be a sought-after feature, particularly for buyers looking for mortgage helpers or investment potential.

Garages & Parking

• 55 properties sold with garage parking

Garage space remains a highly desirable feature in Saskatoon, especially for detached homes.

Pet-Friendly Properties (Non-Detached)

• 34 non-detached properties allowed pets

Condos and townhomes that allow pets continue to be attractive to buyers, particularly first-time purchasers and downsizers.

New Construction (Built 2025 or 2026)

• 10 newly built homes sold

New construction remains an active segment, particularly among buyers seeking modern layouts, energy efficiency, and warranty coverage.

Neighbourhood Insights

Sales were distributed city-wide across Saskatoon, with no single neighbourhood dominating total sales volume this week. Market activity remains broad and balanced across multiple areas of the city.

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• Saskatoon housing market 2026 (4)
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