11/06/2026
🏡 SASKATOON RESIDENTIAL REAL ESTATE MARKET UPDATE | OCTOBER 2026
📉 Residential Sales: 363 residential sales were recorded in October, down 20% compared to October 2025.
Despite the year-over-year decline, sales remain in line with the 10-year historical average, while year-to-date sales are still more than 10% above long-term trends!
🏠 New Listings: New listings were down 9% year over year, while overall inventory saw a modest increase.
📈 Active Listings: 780 active residential listings were available heading into November, representing 2.14 months of effective supply.
💰 Benchmark Price: $431,700 — down from $439,600 in September, but still nearly 3% higher than October 2025!
✨ WHAT DOES THIS MEAN FOR BUYERS & SELLERS?
🏠 Saskatoon's real estate market is showing signs of moving toward more balanced conditions!
🔑 Buyers may have a little more breathing room, more choices, and potentially more negotiating opportunities.
📈 Sellers can take comfort in the fact that home values continue to show year-over-year growth, despite some month-to-month adjustments.
Whether you're considering buying your first home, upgrading, downsizing, selling, or simply keeping an eye on the market, I would be happy to help you with any of your real estate needs.
📩 Curious about what your home is worth in today's market? Or wondering whether now is the right time to make a move?
I'd be happy to help you navigate the Saskatoon market. 🏡