Saskatchewan’s real estate market continued its strong performance through November 2025, marking the province’s 29th consecutive month of above-average sales, even with a slight seasonal slowdown. While year-over-year sales softened, activity remains well ahead of long-term averages, showcasing continued buyer confidence despite tight supply across much of the province. 1125 Saskatchewan Monthly
Sales and Listings
Saskatchewan recorded 1,073 residential sales, a 9 percent decrease compared to November 2024. Despite this dip, sales remained over 12 percent above 10-year averages, reinforcing the province’s strong demand fundamentals. Year-to-date sales reached 15,430, keeping the province on track to surpass 2024 totals. 1125 Saskatchewan Monthly
New listings saw a modest lift, rising 9.3 percent year-over-year to 1,376 units, providing some relief but still falling well below historical norms. Inventory remains historically low, with 4,165 total properties, nearly 45 percent under the 10-year average. With 708 conditionally sold, the number of truly available listings contracts even further.
The result is a sales environment where properties that are priced well continue to draw interest quickly, and selection remains limited for buyers across many communities.
Prices and Market Balances
The provincial benchmark price reached $360,500, climbing more than seven percent year-over-year, even with a typical seasonal softening from October to November. Saskatchewan remains one of Canada’s most stable pricing environments, and this month’s data further reinforces that trajectory. 1125 Saskatchewan Monthly
Months of supply sits at 3.88, down slightly year-over-year. This level continues to indicate a tight but stable market, leaning modestly toward sellers without entering overheated conditions.
Across the province, every single region posted annual price growth for the seventh straight month, confirming broad market strength:
- Melville: +20 percent
- Estevan: +16 percent
- Swift Current: +15 percent
- Yorkton: +15 percent
- Humboldt: +13 percent
- Weyburn: +13 percent
- Meadow Lake: +11 percent
Major centres such as Saskatoon, Regina, and Moose Jaw continue to post steady, sustainable gains that align with long-term health of the provincial housing landscape.
Market Trends
Inventory challenges remain a defining factor. Regional inventory levels now range from 33 to 71 percent below historical averages, a trend that continues to apply upward pressure on prices and maintain competition among buyers.
Sales declines were recorded year-over-year in every region, but most still performed above their 10-year averages, showing resilience in the face of limited listing supply. Only the Yorkton–Melville and Prince Albert regions fell below their long-term norms. 1125 Saskatchewan Monthly
The Saskatoon–Biggar region continues to exhibit the tightest conditions in the province, driven by strong demand patterns and some of the region’s lowest months-of-supply ratios.
Permit and start figures continue to encourage policymakers, but short-term measures that restrain supply—such as rent control—are noted as potential risks to long-term housing availability.
Looking Ahead
Heading into winter and early 2026, Saskatchewan remains positioned for continued stability. Strong year-to-date sales, rising benchmark prices, and province-wide demand all point toward another solid performance in the coming months.
