NOVEMBER 2025 | 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 show impressive strength in November, marking 29 straight months of above-average sales. The province recorded 1,073 sales, down 9% from November 2024, yet still over 12% above the 10-year average. Year-to-date sales now sit at 15,430, putting 2025 on pace to exceed 2024, the province’s second-strongest year on record.
New listings totalled 1,376, slightly higher than last year but still well below historical norms. Inventory remains extremely tight at 45% below the 10-year average. With 708 of 4,165 listings conditionally sold, only 3,457 homes remained available heading into December.
The provincial benchmark price came in at $360,500, a small seasonal dip from October but still over 7% higher year-over-year.
🌆 Regional Notes
All regions saw year-over-year sales declines, though most remain above long-term averages. Inventory shortages persist across the province, ranging from 33% to 71% below normal.
Melville led price growth again at +20%, followed by Estevan (+16%), Swift Current (+15%), Yorkton (+15%), Humboldt (+13%), Weyburn (+13%) and Meadow Lake (+11%).
Regina: Benchmark $329,300 (- from Oct, +6% YoY)
Saskatoon: 372 sales (+25% vs 10-yr avg), benchmark $421,000 (+6% YoY), only 591 active listings entering December.
🧭 What It Means for Buyers & Sellers
Low supply, strong demand, and continued population growth are keeping Saskatchewan’s market stable, competitive, and resilient as we head into winter.
If you're planning a move or considering investing, now’s a great time to chat strategy — reach out anytime!
For more information, contact Your family real estate team:
