Saskatchewan homebuyers are seeing more choice heading into the fall market, with new listings and inventory increasing in September, although supply remains well below historical levels.
According to the Saskatchewan Realtors Association (SRA), 2,182 new listings came onto the market in September, up five per cent from a year earlier. Provincial inventory also increased slightly year over year, while months of supply rose nearly 13 per cent to 3.63 months.
Despite those improvements, inventory remained nearly 40 per cent below the 10-year average.
“For the second consecutive month, we’re seeing encouraging signs of more choice returning to Saskatchewan’s housing market,” said Chris Guérette, CEO of the SRA. “New listings increased, inventory improved slightly from last year, and months of supply continued to move in the right direction. At the same time, sales remain above historical averages, which tells us demand for Saskatchewan housing remains healthy.”
Sales remain above historical averages
The province recorded 1,361 residential sales in September, down 11 per cent year over year but nine per cent above the 10-year average.
Of the 4,940 properties available at month-end, more than 900 were conditionally sold. Excluding those properties, Saskatchewan entered October with 4,035 available units, representing 2.96 months of supply.
“We’re not declaring the supply challenge solved,” said Guérette. “Inventory remains nearly 40 per cent below what we’d typically expect for September. But after spending much of this year watching buyers navigate historically tight conditions, continued movement toward greater choice is good news.”
The provincial benchmark price reached $376,700, down from $381,600 in August but nearly three per cent higher than September 2025.
Regina and Saskatoon see sales decline
Regina recorded 327 sales in September, down 13 per cent year over year but nearly 15 per cent above its 10-year average. Its benchmark price reached $343,900, up three per cent annually.
Saskatoon reported 384 sales, down 10 per cent from September 2025 but more than eight per cent above historical averages. Its benchmark price was $439,600, nearly three per cent higher year over year.
Both cities recorded increases in new listings, although supply remained tight.
North Battleford posted the province’s strongest annual benchmark price growth at nearly 12 per cent, followed by Meadow Lake at 10 per cent and Humboldt at six per cent.
