Saskatchewan Is Heading into Fall with More Listings, But Is It Actually Getting Easier to Buy?

After a particularly busy spring and summer market, Saskatchewan is finally starting to see some signs of breathing room for home buyers. More homes are showing up on the market, improving the inventory in a number of areas, and easing some of the frantic pace in a lot of communities. However, more listings do not mean a buyer’s market is on the horizon. In fact, heading into fall, the housing market remains quite tight, with prices still up from a year ago and well-priced homes still selling quickly. So does this mean it is actually easier to buy a home in Saskatchewan?

More homes are hitting the market

August brought 2,277 new residential listings to the Saskatchewan market, a 4% increase compared with August 2025. Listings, however, were still 8% below the province’s long-term average for August, meaning the current market conditions have eased slightly, but overall the market is still tight.

At the same time, Saskatchewan recorded 1,510 home sales during the month. This is approximately 3% lower than last August but more than 8% above the 10-year average. In other words, more homes are becoming available but the demand remains strong enough that competition is still high.

Saskatoon & Regina are tight markets

While more inventory doesn’t necessarily mean lots of inventory, an increase can be a positive thing for buyers searching for the right home. Saskatoon saw 446 residential sales in August, with a more than 12% increase in new listings. Even with that increase, supply remains tight heading into the fall.

Regina had a similar trend with nearly 500 new listings. However, high buyer demand absorbed much of the increased inventory. For buyers, this means that more homes are becoming available but those listed in desirable neighbourhoods and priced well will continue to move quickly.

Are home prices in Saskatchewan starting to come down?

While home prices have softened slightly since the high of the spring and summer months, benchmark prices remain higher than they were a year ago. Saskatoon’s residential benchmark price was $444,700 in August, which is down slightly from the high of $447,600 in July but still approximately 3% higher than August 2025. Regina’s benchmark prices followed a similar pattern with a decrease from $349,800 in July to $348,900 in August but remained more than 3% higher than August 2025.

This small month-to-month decrease is not a signal for falling home prices, but likely a seasonal cooling as the market heads into the fall and winter months. Buyers waiting for a major price correction may find that Saskatchewan’s ongoing inventory shortage continues to support higher prices.

Could fall be the time to buy?

While the market has not tipped dramatically in favour of buyers, there are some signs of improvement. More listings mean more choices and slightly slower fall activity may give some buyers better opportunities to find the property they are looking for.

Saskatchewan has a variety of different communities, each with their own real estate trends. It is worth considering the city, area and property type as conditions in Saskatoon will look different from those of Regina, Moose Jaw and smaller Saskatchewan communities.

One price range and property type may have an abundance of buyers vying for it while another has properties sitting on the market considerably longer.

Be prepared before the right property becomes available

One of the biggest takeaways for buyers this fall is that while there may be more opportunities for properties, being prepared still matters.

Getting a pre-approval provides a clearer understanding of the available budget, potential financing amount, mortgage options and estimated payments before considering any properties. It also allows time to consider any financing issues or deadlines before making an offer.

Understanding exactly what the must-haves and nice-to-haves of a property are will help considerably with narrowing down the properties that will work and the ones that might not be worth the effort.

While Saskatchewan’s market may be giving buyers a bit of breathing room, properties will still continue to move quickly due to demand. Having financing organized ahead of time, understanding what the property should include and being in a position to move quickly are all beneficial advantages when home buying.

Thinking about buying in Saskatchewan this fall? Get in touch with our team to have your pre-approval in place before the right property comes along.