Found 58 blog entries tagged as Saskatchewan real estate.

 Martensville Real Estate Market – June 2025

The Martensville housing market in June 2025 showed a notable shift. The benchmark price for total residential properties climbed to $439,800, representing a 10.3% year-over-year increase, highlighting continued price appreciation in the city despite a slowdown in transactions.

Sales activity fell by 18.2% compared to June 2024, with just 18 sales recorded, while new listings rose sharply, up 43% over the 10-year average. This increase in listings paired with declining sales pushed the months of supply up to 1.11, suggesting more choices for buyers.

Inventory also increased year-over-year by 16.7%, a positive sign for those searching for homes. However, the balance is still leaning toward a seller’s…

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June 2025 proved to be a dynamic month for Regina’s real estate market. According to the latest Saskatchewan REALTORS® Association statistics, Regina recorded 402 residential sales, marking a 6% year-over-year increase and an impressive 17% rise above the 10-year average. This strong sales performance underscores robust demand despite tight inventory.

New listings climbed to 568, up 8% from June 2024, offering a modest boost to available housing options. Yet inventory remained tight, with 818 active listings at month’s end—207 of which were conditionally sold—effectively leaving only 611 active units heading into July.

This competitive environment continues to fuel rising prices. June’s benchmark price reached $343,200, up nearly 8% year-over-year and…

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In Saskatchewan real estate, a Limited Dual Agency arrangement arises when a brokerage represents both the buyer and the seller in the same transaction. This scenario is governed by the Saskatchewan REALTORS® Association's Limited Dual Agency Acknowledgement Form (Form 204, revised 01/2023), which outlines how these relationships are managed to ensure fairness, transparency, and compliance with legal obligations.

What is Limited Dual Agency?

Limited dual agency occurs when:

  • The same brokerage represents both the buyer and seller.

  • The same salesperson, or different salespeople from the same or different branches of the brokerage, act for both parties.

This situation requires explicit acknowledgment from both buyer and seller, ensuring…

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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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Despite a 10% year-over-year decline in home sales, April 2025 marked Saskatchewan’s second-strongest April on record. With 1,470 sales reported, this is the 22nd consecutive month that activity has outpaced the 10-year average, showing the market's underlying strength. However, this drop isn’t about demand—it’s about availability.

New listings were down 7% compared to April 2024, and active inventory sat at 4,371—down 18% year-over-year and a staggering 47% below the 10-year average. These persistent shortages continue to shape Saskatchewan’s real estate landscape.

“We’re not seeing a decline in buyer interest,” explains SRA CEO Chris Guérette. “It’s an inventory issue, not a demand one.”

This tightening has pushed benchmark home prices to a new…

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Prince Albert Real Estate Market Update: April 2025 Shows Resilience Amid Fewer Listings

The April 2025 housing statistics for Prince Albert, Saskatchewan, reveal a continued trend of tight supply and climbing home values — a dynamic that’s shaping the real estate landscape in the region.

Market Highlights:

  • Sales: 36 homes sold in April, down 12% compared to April 2024.

  • New Listings: Just 39 properties hit the market, a notable 30% year-over-year drop.

  • Benchmark Price: The total residential benchmark price reached $265,600, marking an 8% increase from April 2024.

  • Inventory: Active listings stood at 125, down 11% from the previous year.

  • Months of Supply: 3.47 months, reflecting a continued seller’s market.

Despite…

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38 2nd Avenue N #1 blog post has been removed to follow the advertising guidelines of the Saskatchewan Real Estate Commission bylaws. The MLS listing the blog was written about is no longer on the market. If you're looking for more homes in Martensville, see below:

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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 totaled 64,…

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