FEBRUARY 2026 | REAL ESTATE OVERVIEW
MORRISON 87 REALTY ’s Monthly Real Estate Brief - Your Essential Guide to All Things Real Estate:
Saskatchewan’s housing market continued to face limited supply in February as activity began to resemble more typical long-term trends heading toward spring.
The province recorded 825 home sales, a 16% decline year-over-year and about 2% below the 10-year average. While sales didn’t match the near-record pace of the past two years, overall activity remains in line with historic norms through the early months of 2026.
New listings continued to fall, dropping 7% from last year and sitting 31% below the 10-year average. With supply still constrained, inventory levels barely changed from January. Of the 3,519 listings available at month’s end, more than 700 were already conditionally sold, leaving 2,792 active properties heading into March.
🌆 Regional Notes
The provincial benchmark price climbed to $363,800, and sitting over 6% higher than February 2025. Every Saskatchewan community again reported annual price gains, with some reaching 13%.
Saskatoon: 271 sales (-16% YoY), benchmark $421,600 (+5% YoY), 450 active listings.
Regina: 198 sales (-21% YoY), benchmark $336,400 (+7% YoY), 347 active listings.
Prince Albert Region: 107 Sales, benchmark price $267,000 (+6.4%YoY), 707 active listings.
🧭 What It Means for Buyers & Sellers
Limited inventory continues to define Saskatchewan’s market. Even with slightly slower sales, steady demand and tight supply are still driving price growth across the province.
If you're planning a move or considering investing, now’s a great time to chat strategy — reach out anytime!
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