Martensville Real Estate Market Update – May 2025
Posted by Kent Braaten on
May 2025 proved to be a dynamic month for the Martensville real estate market. According to data from the Saskatchewan REALTORS® Association, the benchmark residential price rose to $437,800—an impressive 10.1% increase year-over-year. However, this growth came amid a sharp decline in market activity.
Only 21 properties were sold in Martensville during the month, representing a 22.2% drop in sales compared to May 2024. New listings also plummeted by 45.7%, contributing to a months of supply figure of just 0.71—indicating a continued seller's market.
Inventory levels dropped by 55.9%, reflecting the intense demand and limited housing options in the city. With fewer choices available and strong buyer interest, homes are selling quicker and closer to…
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