JULY 2026 | REAL ESTATE OVERVIEW
MORRISON 87 REALTY’s Monthly Real Estate Brief - Your Essential Guide to All Things Real Estate:
If you've been house-hunting this summer, you've probably felt it: plenty of competition, not a lot to choose from. July's numbers back that up. Saskatchewan saw 1,653 homes change hands — fewer than last July's record, but still about 13 percent busier than a typical July over the past decade. With roughly 3,858 truly available listings province-wide (after removing homes already conditionally sold), supply sits at less than half of what's normal for this time of year. The provincial benchmark price landed at $383,500, up 3.6 percent from last summer.
🌆 Regional Notes
Saskatoon & Area
Saskatoon recorded 539 sales in July. On paper, that's an 11 percent drop from a year ago — but last July set a record, so the better comparison is the 10-year average, which this July beat by 18 percent. Demand hasn't gone anywhere.
The benchmark price came in at $447,600, essentially unchanged from June's all-time high and 3.6 percent above last July. Homes averaged just 26 days on market. And while total inventory nudged up to 928 units, a quarter of those were already conditionally sold — leaving buyers with about 1.3 months of real supply. That's still deep seller's-market territory.
One bright spot for buyers: townhouse inventory is up 45 percent from a year ago, making it the friendliest segment in the city right now. Benchmark prices by type: detached $520,900, semi-detached $539,800, townhouse $368,600, and condo $262,800 — all up 2 to 4 percent on the year.
The wider Saskatoon-Biggar region followed the same script: 675 sales (15 percent above the decade norm), a benchmark of $452,000, and just over two months of supply. Outside the city, rural areas offer noticeably more room to negotiate — and rural prices are climbing as value-hunters catch on.
Prince Albert Region
Prince Albert's story this month is a market quietly firming up. The region posted 214 sales — nearly 9 percent above its 10-year average — while the benchmark price rose 2.5 percent to $276,900. Homes moved in an average of 49 days, quicker than earlier this year.
The number we're watching: inventory fell almost 15 percent year-over-year to 919 units, pulling months of supply down to 4.29. Buyers here still enjoy more selection and leverage than anywhere near Saskatoon, but the cushion is shrinking. The most surprising corner of the region was the northwest, where sales jumped 55 percent, and average prices rose 19 percent — the strongest momentum in the area.
🧭 What It Means for Buyers & Sellers
Sellers in Saskatoon are still holding most of the cards, though with inventory inching up, sharp pricing and presentation matter more than they did in spring. Buyers should give townhouses and condos a serious look — that's where the selection is. In the Prince Albert area, the balance still tilts toward buyers, but the trend says don't count on that lasting into 2027.
As always, these are regional averages — your neighbourhood and property type have their own story. If you'd like to know what July means for your home specifically, reach out anytime.
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