Saskatchewan Real Estate Market Update – May 2025
Posted by Kent Braaten on
Saskatchewan Real Estate Market Update – May 2025
The Saskatchewan real estate market continues to outperform national trends, showing remarkable resilience amid tight inventory and economic uncertainty. According to the latest statistics for May 2025, the province recorded 1,750 residential sales, a slight 4.6% year-over-year decrease, but still 16.4% above the 10-year average for May.
Inventory rose slightly to 5,008 active listings, offering modest relief to buyers. However, with over 900 conditionally sold units, true inventory remains exceptionally tight—over 40% below the 10-year average. New listings reached 2,898, helping to inject some supply into a fast-paced market.
The benchmark price reached a record-high $369,500, up 8.5%…
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