Saskatoon Real Estate Market Update: September 2026

by Scott Urbanoski

Saskatoon housing market update, September 2026 – Scott Urbanoski, CENTURY 21 Fusion

Saskatoon recorded 384 residential sales in September 2026. That is 10 per cent fewer than September 2025, but 8 per cent above the 10-year average for the month. New listings rose for a second straight month, inventory climbed 11 per cent year-over-year, and the benchmark price finished at $439,600, up 2.5 per cent from a year ago.

384Sales−9.9% y/y · +8.3% vs 10-yr avg

772New listings+6.3% y/y · +11.2% vs 10-yr avg

1,053Inventory+11.4% y/y · −30.6% vs 10-yr avg

2.74Months of supply+23.6% y/y · −40.5% vs 10-yr avg

$439,600Benchmark price+2.5% y/y · down from $444,700 in Aug

Sales

September sales came in at 384 units. Detached homes made up the largest share at 243 sales (down 5 per cent year-over-year), followed by row/townhouses at 64 (up 8 per cent), apartments at 62 (down 29 per cent) and semi-detached homes at 13 (down 13 per cent). Year-to-date, Saskatoon has recorded 3,815 residential sales, 5 per cent below the same period in 2025 and 11 per cent above the 10-year average.

Saskatoon residential sales, September of each year, 2017–2026. Source: Saskatchewan REALTORS® Association.

Listings and inventory

New listings reached 772 in September, up 6.3 per cent year-over-year and the second consecutive month of gains. Saskatoon remains the most supply-constrained market in the province. There were 1,053 units available at month-end, 236 of which were conditionally sold. That leaves 817 active units, or about 2.13 months of effective supply heading into October. Counting all inventory, months of supply stood at 2.74, up 24 per cent from a year ago but still 40 per cent below the 10-year average of 4.61.

Prices

The total residential benchmark price was $439,600, down from $444,700 in August and 2.5 per cent higher than September 2025. The average sale price was $440,246 (up 6 per cent year-over-year) and the median was $410,000. Homes sold at 99.4 per cent of list price on average, with 29 days on market.

Property type	Sales	Sales y/y	New listings	Inventory	Months of supply	Days on market	Benchmark price	Benchmark y/y
Detached	243	−5%	499	642	2.64	28	$509,500	+3%
Semi-detached	13	−13%	34	48	3.69	24	$522,400	+1%
Row / townhouse	64	+8%	110	164	2.56	29	$359,400	0%
Apartment	62	−29%	123	184	2.97	31	$265,200	+2%
Total residential	384	−10%	772	1,053	2.74	29	$439,600	+3%

Year-to-date (January–September 2026)

Measure	2026 YTD	vs 2025	vs 10-year average
Sales	3,815	−5%	+11%
New listings	6,066	+4%	−6%
Average inventory	814	+3%	−44%
Months of supply	1.92	+9%	−53%
Benchmark price	$436,944	+4%	+26%

What the benchmark home looks like

The Saskatoon benchmark home is a three-bedroom, two-bathroom house built around 1990 with 1,161 square feet above grade and an attached single garage. Benchmark prices by style in September: one-storey detached $442,800, two-storey detached $575,600, semi-detached $522,400, row/townhouse $359,400 and apartment $265,200.

Source: Saskatchewan REALTORS® Association (SRA), Saskatoon monthly statistics, September 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.

Buying, selling or investing in Saskatoon?

Scott Urbanoski works with residential, commercial and investment clients across Saskatchewan.

Call or text 306.202.7791 or email scott.urbanoski@century21.ca.

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