Saskatoon Real Estate Market Update – August 2025 Sets New Price Record
Posted by Kent Braaten on
August 2025 was another historic month for Saskatoon’s real estate market. The city reported 451 sales, a slight 1% decrease year-over-year, but still well above the 10-year average.
New listings fell 10% year-over-year, with 650 properties brought to market. Inventory closed the month at 910 units, down 4% from last year. Notably, nearly one-third of those listings were already conditionally sold, leaving just 643 available heading into September.
The biggest story is pricing. Saskatoon’s benchmark residential price climbed to $435,900, up from $432,700 in July and 7.7% higher than August 2024. This marks yet another all-time high, reflecting continued buyer demand in the face of limited supply.
Detached homes led the way with a benchmark of …
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