Saskatoon Real Estate Week in Review - January 29 – February 4, 2026

January 29 – February 4, 2026

Welcome back to the Saskatoon Real Estate Week in Review. Each week, we take a clear, data-driven look at local real estate activity to help place short-term market movements into proper context.

Executive Snapshot

• 72 residential sales, down from 77 one year ago

• 82 new listings, up from 78 last year

• 582 active listings, up modestly from 569

• Average sale price: $434,283, up from $406,850 in 2025

Continuing our weekly look at market balance, inventory has now increased for a second consecutive week, reflecting a gradual rebuilding of selection for buyers.

Sales Activity

Sales activity softened slightly during the first week of February, with 72 residential sales compared to 77 during the same period last year. The change is modest and consistent with the measured pace of early-year market activity.

New Listings & Inventory

New listing activity edged higher, with 82 new residential listings coming to market compared to 78 one year earlier. Active inventory increased to 582 listings, up from 569 at this time last year.

Taken together, these figures suggest the market is slowly adding supply without a sharp change in overall conditions — a pattern that has been developing over the past few weeks.

Pricing Trends

The average sale price rose to $434,283, compared to $406,850 during the same week in 2025. As with all weekly price measures, this result reflects the mix of homes sold during the period rather than a sudden shift in broader pricing trends. Nonetheless, prices continue to show resilience as winter market activity progresses.

What This Means Right Now

• For buyers: Gradually increasing inventory may improve selection, but well-priced homes can still attract strong interest.

• For sellers: Market conditions remain supportive for accurately priced listings, particularly as sales activity holds steady.

• What we’re watching: Whether inventory continues to build through February and how buyers respond to additional choice.

Closing Summary

As we move further into February, we’ll continue to track how sales activity, new listings, inventory levels, and pricing trends are evolving across the Saskatoon real estate market. The Saskatoon Real Estate Week in Review is designed to provide a consistent, data-driven snapshot of local conditions each week — without unnecessary noise or speculation. We appreciate you following along and look forward to sharing the next update.