JANUARY 2026 | REAL ESTATE OVERVIEW
MORRISON 87 REALTY ’s Monthly Real Estate Brief - Your Essential Guide to All Things Real Estate:
Saskatchewan began 2026 on solid footing, continuing to stand apart from the cooling trends seen in several major Canadian markets. While January reflected normal seasonal patterns, activity remained strong and supply stayed exceptionally tight.
The province recorded 712 home sales in January, extending Saskatchewan’s run to 31 consecutive months of above-average sales. Inventory remains a key constraint, sitting nearly 50% below the 10-year average. Of the 3,508 active listings at month-end, nearly 700 were conditionally sold, leaving just 2,855 available properties heading into February.
New listings declined 4% year-over-year and were 27% below historical norms, offering little relief to supply levels. Despite this, Saskatchewan continues to benefit from relative affordability compared to larger urban centres.
🌆 Regional Notes
The provincial benchmark price rose to $359,500, up slightly from December and nearly 6% higher than January 2025. Every community in the province reported year-over-year price gains, with Melville (+15%), Yorkton (+13%), Humboldt (+11%), and Swift Current (+11%) leading the way.
Saskatoon: 237 January sales, benchmark $417,800 with only 448 active listings.
Regina: 172 December sales (+1% YoY), benchmark $330,600, just 362 active listings.
Prince Albert Region: 80 Sales, benchmark price $263,800 (+6.6%YoY), 134 active listings.
🧭 What It Means for Buyers & Sellers
Steady demand, limited supply, and continued affordability position Saskatchewan for a positive and resilient 2026.
If you're planning a move or considering investing, now’s a great time to chat strategy — reach out anytime!
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