Saskatchewan Real Estate Market Update: September 2026

Saskatchewan reported 1,361 residential sales in September 2026, 11 per cent below last year but 9 per cent above the 10-year average for the month. New listings rose 5 per cent year-over-year to 2,182, inventory edged up slightly, and months of supply improved to 3.63. The provincial benchmark price was $376,700, up 2.8 per cent from September 2025.

Sales and demand

There were 1,361 residential sales across the province in September. That is 11 per cent fewer than September 2025, which was a near-record year, but 9 per cent above the 10-year average. Through the first nine months of 2026, provincial sales total 12,109, 6 per cent below last year’s pace and nearly 10 per cent above the 10-year average.

Listings and supply

New listings reached 2,182 for the month, up 5 per cent year-over-year. Of the 4,940 units available at month-end, more than 900 were conditionally sold. Accounting for those, the province entered October with 4,035 available residential units, or 2.96 months of effective supply. Including all inventory, months of supply was 3.63, up nearly 13 per cent from a year ago. Inventory remains nearly 40 per cent below the 10-year average for September, and months of supply is 48 per cent below historical norms.

In its release, the Saskatchewan REALTORS® Association described the month as the second in a row with “encouraging signs of more choice returning” to the market, while noting that the supply challenge has not been solved.

Prices

The provincial residential benchmark price stood at $376,700, down from $381,600 in August and 2.8 per cent higher than September 2025. The month-over-month decline follows the usual seasonal pattern. All but three Saskatchewan communities reported year-over-year benchmark price gains. North Battleford posted the largest increase at 11.5 per cent, followed by Meadow Lake (10.3 per cent), Weyburn (8.7 per cent) and Humboldt (6.0 per cent).

Regional breakdown

Swift Current–Moose Jaw was the only region to post a year-over-year sales gain in September, up 1 per cent and 25 per cent above its 10-year average. Four of the six regions reported sales well above their 10-year averages for the month. Inventory remains below historical levels in every region, from 32 per cent below in Swift Current–Moose Jaw to 43 per cent below in the Prince Albert, Regina–Moose Mountain and Yorkton–Melville regions.

For a closer look at the city, see the Saskatoon market update for September 2026.

Source: Saskatchewan REALTORS® Association (SRA), Saskatchewan monthly statistics and news release, September 2026 (released October 9, 2026). Benchmark prices are from the MLS® Home Price Index. Figures are reported as published by the SRA and are not an opinion or forecast.