Saskatchewan’s real estate market remained strong through October 2025, marking the province’s second-best October on record. Despite global economic headwinds, the housing market continues to show remarkable stability and confidence, driven by solid demand and historically low inventory levels.
Sales & Listings
The province recorded 1,433 residential sales in October 2025—down slightly from last year’s record-breaking month but still 5.7% higher year-over-year and well above the 10-year average1025 Saskatchewan Monthly.
Meanwhile, 1,922 new listings were introduced to the market, an 11% increase year-over-year, showing that more homeowners are feeling confident about selling. However, listings remain below long-term averages, continuing the tight conditions that have characterized the Saskatchewan market throughout the year.
Prices and Market Balances
The benchmark price across Saskatchewan reached $362,700, a 5.6% increase from October 2024, while the average home price hovered around $339,5881025 Saskatchewan Monthly. Although this is slightly lower than September’s average due to normal seasonal trends, the overall price growth reflects a consistent upward trajectory throughout 2025.
The months of supply metric stood at 3.13, down 6.3% year-over-year, underscoring the province’s low inventory and sustained demand. Inventory levels, at 4,483 active listings, remain nearly 50% below the 10-year average—a clear sign of a competitive housing environment.
Market Trends
October marked the 28th consecutive month of above-average sales activity in Saskatchewan, a trend that began in mid-2023 and shows no sign of slowing down. Demand remains especially strong in regions like Saskatoon-Biggar and Regina-Moose Mountain, both reporting the tightest market conditions with less than three months of supply1025 Saskatchewan Monthly.
All regions across the province reported year-over-year benchmark price gains, with notable increases in Melville (+22%), Yorkton (+15%), and Swift Current (+13%).
This province-wide growth reflects strong buyer confidence, steady population gains, and Saskatchewan’s affordable relative pricing compared to other Canadian provinces.
Looking Ahead
As Saskatchewan approaches the end of 2025, market activity is expected to remain steady. While sales may ease slightly during the winter months, ongoing demand and low inventory are likely to keep prices stable heading into early 2026.
As Association CEO Chris Guérette noted, “What we’re seeing right now really speaks to the confidence people have in Saskatchewan’s housing market, and in our province as a whole.”
