RealEazy market reports · CENTURY 21 Fusion
Saskatoon Real Estate Market Report: August 2026
A little more choice returned to Saskatoon's residential market, while supply remained limited. This report separates the official monthly numbers from the decisions you need to make for your own home.
By Idriss Movahedzadeh, REALTOR® · Published October 9, 2026 · Reporting period: August 2026
August at a glance
City of Saskatoon residential figures. Effective supply excludes conditionally sold properties; it is different from the unadjusted inventory measure.
How the market changed
| Measure | July | August |
|---|---|---|
| Benchmark price | $447,600 | $444,700 |
| Residential sales | 539 | 446 |
| Inventory excluding conditional sales | 684 | 726 |
| Effective months of supply | 1.27 | 1.63 |
August sales were about 1% below a year earlier but 7% above the long-term average. New listings increased by more than 12% year over year. Of 965 month-end listings, 239 were conditionally sold. The benchmark eased $2,900 from July while remaining about 3% above August 2025.
What buyers can do with this
Use the wider selection to compare layout, condition and location rather than treating every new listing as your only chance. Citywide supply does not tell you how competitive a particular street or price range is.
- Set a total monthly budget before booking showings.
- Keep financing ready and decide which features are essential.
- Compare recent sales and current alternatives before choosing an offer price.
What sellers should focus on
More competing homes makes a clear launch more valuable. A city benchmark cannot account for your renovations, maintenance, lot or timing; your pricing range should come from relevant comparable properties.
- Review competing listings in your neighbourhood and property type.
- Prepare the rooms and photos that explain the home's value.
- Use showing feedback to decide whether presentation or price needs adjustment.
Common questions
Is the benchmark the value of my home?
No. The MLS® Home Price Index benchmark represents a typical property and is useful for comparing market trends. Your home's value depends on its own condition, location and comparable sales.
Does more inventory mean every buyer has more negotiating room?
No. Competition varies between homes. A well-presented property with few close alternatives can attract strong interest even when the city has more supply.
Does this report include October sales?
No. It summarizes completed August activity. It is historical context, not a live inventory count or a forecast.
Sources and definitions
Market figures: Saskatchewan REALTORS® Association, August 2026 Residential Market Watch and CREA / SRA statistics. Source checked October 9, 2026.
Commentary is RealEazy's interpretation. Monthly statistics may be revised. A benchmark is not an average sale price or a property appraisal. Effective months of supply uses month-end inventory after excluding conditional sales, divided by monthly sales; it is not a prediction of how long your home will take to sell.