AUGUST 2025 | REAL ESTATE OVERVIEW
MORRISON 87 REALTY ’s Monthly Real Estate Brief - Your Essential Guide to All Things Real Estate:
After a record-breaking July, Saskatchewan’s real estate market maintained its momentum in August, marking 26 straight months of above-average sales. The province recorded 1,559 sales, up 4% from last year and nearly 15% above the 10-year average, capping off an exceptionally busy summer compared to most provinces.
New listings fell 5% year-over-year, but inventory levels remained stable with 5,168 units on the market. More than 1,000 of those were conditionally sold, leaving just 4,137 active listings moving into September.
The benchmark price slipped slightly to $372,200, down from July’s peak of $372,700, but still 8% higher than August 2024. Saskatoon set a new benchmark high at $435,900, while Regina reported 356 sales and a price of $341,300, up 7% year-over-year.
Several communities saw double-digit price gains, led by Melfort (+19%), Humboldt (+15%), and Estevan (+13%), underscoring the province-wide demand.
With supply well below historical norms and demand holding firm, Saskatchewan’s housing market remains one of the country’s strongest performers heading into fall.
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