Found 135 blog entries tagged as Saskatoon real estate.

Saskatoon Real Estate Market Update – April 2025 Sets New Price Record Despite Inventory Challenges

April 2025 brought notable shifts in Saskatoon’s real estate market, with the city reporting 440 residential sales—a 16% decline year-over-year, yet still 11% above the 10-year average. This signals ongoing demand despite tightening supply.

New listings also dropped by 12%, continuing the trend of low inventory. Of the 681 units on the market at the end of April, 230 were conditionally sold, leaving only 451 actively available. That translates to just 1.55 months of supply, well below balanced market conditions.

Despite fewer listings and sales, prices continue to climb. The benchmark price hit $422,600, surpassing March’s previous record. That’s a…

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Saskatoon Real Estate Market Sets New Price Record in March 2025 Amid Low Supply

The Saskatoon real estate market came in strong this March 2025, showing signs of tight inventory and rising demand. With 403 residential sales recorded, activity surged 11% compared to March 2024 and sits 13% above the 10-year average.

Despite stronger sales, new listings were slightly down—just 1% lower year-over-year and 27% below the 10-year average. That drop in new inventory has pushed supply down to just 1.49 months, the lowest level seen entering April since 2007. Of the 602 units available at month’s end, 195 were already conditionally sold, leaving buyers with a razor-thin selection of active listings.

As demand continues to outpace supply, prices have…

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