Found 14 blog entries tagged as Saskatoon real estate market.

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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Charming 2-Bedroom Condo in the Heart of Nutana – Walk to Broadway!

If you’re looking for the perfect blend of convenience, comfort, and modern living in Saskatoon, 410 Main Street #212 in Nutana is an excellent choice! This beautifully updated 2-bedroom, 2-bathroom condo offers 1,025 sq. ft. of thoughtfully designed living space, just steps from the vibrant Broadway district.

Modern Updates & Spacious Living

Step inside to find new flooring throughout (excluding the laundry room), creating a fresh and inviting atmosphere. The open-concept living and dining area is bathed in natural light, offering a great space for entertaining or unwinding after a busy day. The kitchen is well-appointed with ample cabinetry, a built-in oven, and essential…

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As you may have heard in the news, on social media, or even from a friend, the Saskatoon real estate market in 2021 was unlike any other we have ever seen. With record-breaking sales, low inventory, and high demand, it was the perfect recipe for a seller's market, which, thankfully, many were happy to take advantage of! So what exactly was the breakdown of the real estate market statistics? Here are the highlights:

2021 Home Sales in Saskatoon

Saskatoon closed out the 2021 real estate market at the end of December with 5,403 sales. Not only was this 27% above the sales seen in 2020 and 36.8% above the 10-year average, but it was actually record-breaking for the city's industry. In fact, we didn't just surpass the previous sales record set in…

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If you’re at all interested in economics, supply and demand, or market behaviours, the past 9 months will likely have intrigued you. It was almost like the boomer effect, only this time it would be more aptly named the “pandemic effect”—a storm of supply shortages, making it hard to find a wide variety of things, ranging from toilet paper to RV’s.

Many who were lucky enough to make the transition to working from home in March were buying up all the computers and laptops, while others were hoping to find a new gaming system to use while they were stuck at home with nothing to do. There were so many home renovation projects happening this spring that the price of lumber was the highest it’s been, ever. And the warmer weather created a wave of people…

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Whether you’re planning on buying a home or selling your property, staying up to date on your local real estate market is essential in any housing transaction. And I’m not just talking about watching for other new listings and recent sales in the neighbourhood. While those are important market indicators to watch, more pertinent data that can give you a clearer picture of current trends can actually be found in market statistics released in reports every month.

Reading these statistics, however, can feel a bit like reading an astrophysics equation if you’re not sure what they mean. It may seem like a jumble of words and numbers that you know are supposed to make sense...but they don’t. Luckily, you don’t need to understand them all. And the few…

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There are hundreds of Saskatoon REALTORS® to choose from, so when the time comes to buy or sell your house, it can be incredibly overwhelming to know where to start. We’ve all heard the horror stories of terrible real estate agents and when it comes to one of the largest transactions of your life, that’s one nightmare you don’t want to become your reality. So how do you decide? How do you figure out who will be the right fit for you?

Start With Referrals & Reviews

The best place to start your search for the best Saskatoon REALTOR® for you is to go straight to the source—past clients. If your friends and family own homes, there’s a pretty good chance that they had to work with a real estate agent to get there, which means they either have a…

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Choosing the right neighbourhood for you and your family is just as—if not more—important than choosing the right home. Unless you plan on spending every waking minute confined within the four walls of your new house, knowing your neighbourhood and where you live is an essential part of your lifestyle. This is where your kids may go to school or where you’ll walk the dog. This is where you’ll start your morning commute and drink your afternoon tea. Whatever this new home is for you, the location is an integral part of that. So, how do you choose the right neighbourhood for you?

Schools

Regardless of whether you have kids or you don’t—or you’re expecting (congratulations!)—one of the most important things to consider in choosing the right…

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Saskatoon Weekly Stats

  • Their were 135 new residential listings this past week, which is down from the previous week of 162.  But is down compared to this time last year when 140 properties were listed.
  • A total of 2251 residential properties are currently on the market.
  • 84 residential properties sold this week, similar to last week which saw 86 sold.  One year ago this week there were 54 listings sold.

Surrounding Area Stats ( with in 50km of Saskatoon )

  • 28 properties were listed in the surrounding areas of Saskatoon, which is down from the previous week of 33 residential properties.  Its down slightly from last year's total of 36.
  • To start the week their are 728 residential properties listed.
  • 15 properties sold this week…

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Saskatoon Weekly Stats

  • Their were 162 new residential listings this past week, which is an increase from the previous week of 142.  Which comparable to this time last year when 165 properties were listed.
  • A total of 2270 residential properties are currently on the market.
  • 86 residential properties sold this week, down from last week which saw 88 sold.  One year ago this week there were 67 listings sold.

Surrounding Area Stats ( with in 50km of Saskatoon )

  • 33 properties were listed in the surrounding areas of Saskatoon, which is down from the previous week of 52 residential properties. 
  • To start the week their are 726 residential properties listed.
  • 12 properties sold this week compared to 14 last week.

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Saskatoon Weekly Stats

  • Their were 142 new residential listings this past week, quite a drop off from the previous week of 188.  Which is also down compared to this time last year when 220 properties were listed.
  • A total of 2264 residential properties are currently on the market.
  • 88 residential properties sold this week, down from last week which saw 97 sold.  One year ago this week there were 78 listings sold.

Surrounding Area Stats ( with in 50km of Saskatoon )

  • 52 properties were listed in the surrounding areas of Saskatoon, which is up from the previous week of 37 residential properties.  Its a large decrease from last of 89.
  • To start the week their are 718 residential properties listed.
  • 14 properties sold this week…

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