Real Estate Blog

Saskatoon Housing Market Update: December 2025 Stats & What They Mean for 2026

As we close out 2025, the Saskatoon housing market continues to show impressive strength. December’s numbers confirm what many buyers and sellers have been experiencing firsthand: tight inventory, strong pricing, and a highly competitive environment heading into 2026.

Below is a breakdown of the December 2025 market statistics and how they shape the outlook for the year ahead, based on the latest Saskatoon market data

Saskatoon December 2025 Market …

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???? December 2025 Market Snapshot

• 270 residential sales in December

  • ⬆️ 6% year-over-year

  • Nearly 24% above the 10-year average

• 5,113 total sales in 2025, making it the second-strongest year on record

• 249 new listings in December

• 569 total listings at month-end

  • Inventory is about 50% below the 10-year average

• Months of supply: 2.11

  • Confirms Saskatoon remains the tightest market in Saskatchewan

These numbers highlight a market where demand continues to outpace supply

Saskatoon December 2025 Market …

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???? Home Prices Remain Strong

• Benchmark residential price: $417,700

  • ⬆️ 6.4% year-over-year

• Slight dip from November’s peak, but prices remain well above December 2024 levels

• Annual benchmark price for 2025 averaged over $420,000, reflecting steady upward momentum

This price stability heading into winter is a strong signal for continued growth in 2026, rather than a seasonal slowdown

Saskatoon December 2025 Market …

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???? Inventory Constraints Driving Competition

At the end of December:

• Only 439 active units were truly available once conditional sales were removed

• Inventory remains critically low, especially for well-priced single-family homes

Low supply continues to support:

• Faster sales

• Strong sale-to-list price ratios

• Competitive conditions for buyers

Unless listing activity increases significantly, this pressure is expected to persist into 2026

Saskatoon December 2025 Market …

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???? What This Means for the 2026 Outlook

Based on December’s data, Saskatoon is entering 2026 with:

• Strong price support, following a ~6–7% annual increase

• Sustained buyer demand, even during winter months

• Seller-favourable conditions, driven by low months of supply

• Continued competition in the detached home segment

If interest rates stabilize or ease, buyer activity could increase further—placing even more upward pressure on prices in the first half of 2026.

???? Strategic Takeaways

For Sellers:
With inventory sitting well below historical norms, properly prepared homes are commanding strong interest. Early 2026 could be an ideal window for sellers who want maximum exposure before spring competition increases.

For Buyers:
Preparation is key. Tight supply means fewer choices and less room to hesitate. Securing financing and understanding neighbourhood-level trends will be critical moving forward.

???? Final Thoughts

December 2025 confirms that Saskatoon’s housing market is not slowing down—it’s stabilizing at a high level. With strong sales, rising prices, and limited inventory, the foundation for another active year in 2026 is firmly in place.

If you’d like a neighbourhood-specific breakdown or want to discuss how these trends affect your buying or selling plans, feel free to reach out anytime.

Jill Bird

306-221-1350

RE/MAX Saskatoon