Found 3 blog entries tagged as March 2025 housing market.

Saskatchewan Real Estate Market Update – March 2025

Surging Sales, Shrinking Supply: A Spring Market Like No Other

March 2025 proved once again that Saskatchewan’s housing market is in a league of its own, defying national trends with strength and consistency. With 1,277 sales across the province, activity was up 8.4% year-over-year and 13.4% above the 10-year average, signaling a bustling early spring market.

Inventory at Record Lows

Despite the uptick in sales, new listings fell 2% compared to March 2024, leaving many regions scrambling for inventory. The total number of homes available sat at 4,023, which is 21% lower than last year and a stunning 47.7% below the 10-year average. This ongoing supply crunch has created some of the tightest…

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Prince Albert Real Estate Market Update – March 2025

The Prince Albert housing market in March 2025 showed a strong year-over-year performance with notable gains in property values and a shift toward a more balanced market environment.

Home Prices Continue to Rise

The total residential benchmark price reached $262,500, marking an 11.7% increase year-over-year. This rise in value signals continued demand and confidence in the local market despite slight dips in sales activity.

Sales See a Small Dip

There were 39 residential sales in March, a 4.9% decrease compared to March 2024 and a 1.0% decline year-to-date. This slight slowdown could be attributed to tightening inventory and rising prices.

 New Listings on the Rise

New listings…

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Saskatoon Real Estate Market Sets New Price Record in March 2025 Amid Low Supply

The Saskatoon real estate market came in strong this March 2025, showing signs of tight inventory and rising demand. With 403 residential sales recorded, activity surged 11% compared to March 2024 and sits 13% above the 10-year average.

Despite stronger sales, new listings were slightly down—just 1% lower year-over-year and 27% below the 10-year average. That drop in new inventory has pushed supply down to just 1.49 months, the lowest level seen entering April since 2007. Of the 602 units available at month’s end, 195 were already conditionally sold, leaving buyers with a razor-thin selection of active listings.

As demand continues to outpace supply, prices have…

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