Saskatoon Average Detached Home Price in May over 500K
Posted by Kent Braaten on
Saskatoon Real Estate Update: Single-Family Home Prices Hit $507,000 in May
The Saskatoon housing market continues its record-setting trajectory with the average sale price of a single-family home hitting $507,500 in May 2025. This marks a substantial jump from May 2024’s average of $475,000—an increase of $32,000 year-over-year.
Tight inventory remains the driving force behind this price growth. With more buyers than available listings, bidding wars and upward pressure on prices are becoming increasingly common. This imbalance between demand and supply is a key factor contributing to the month-over-month increases we’ve seen throughout 2025.
As a local real estate professional who began their career in 2010, I missed the last major boom in…
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