Saskatoon market report — June 2026. All figures from the Saskatchewan REALTORS® Association.
Hope your summer is off to a good start. If you have been waiting for the Saskatoon market to loosen up, June gave you the closest thing to good news we have seen in a while. It just did not last the month.
- Sellers listed 920 homes in June — up 17% and the busiest June since 2022
- Buyers bought 589 of them
- The city finished the month with 919 homes for sale, still 43% below the ten-year average
More supply came. It got taken.
June 2026 at a glance
| Measure | June 2026 | Year over year | vs. 10-yr June avg |
|---|---|---|---|
| Sales | 589 | +2.6% | +22.3% |
| New listings | 920 | +16.6% | +9.2% |
| Inventory | 919 | −2.3% | −42.5% |
| Months of supply | 1.56 | −4.8% | −56.9% |
| Benchmark price | $448,400 | +4.4% | +28% |
| Average price | $454,776 | +4.2% | +23% |
| Days on market | 23 | — | 10-yr avg: 39 |
| Sale-to-list price | 101.8% | — | — |
The listing surge was real. It just did not stick.
Saskatoon added 920 new listings in June and finished the month with 919 homes for sale in total.
That is the whole story in one line. Nearly everything that came on the market found a buyer or is about to.
The supporting math: inventory is still down 2% from last June, even after a 17% listing increase. Months of supply came in at 1.56 — the tightest June in the ten years of data in front of me. For comparison: 1.64 in 2025, 1.63 in 2024, 2.14 in 2021.
Supply improved on the surface. Underneath, it did not really move.
How fast homes are selling
The report shows 23 days on market. The number you actually care about is closer to nine.
Days on market is measured to a firm sale. Most Saskatoon deals sit conditional for about two weeks while financing and inspection get sorted. Strip that out and the realistic time from listing to accepted offer lands around nine days.
A record price, and a steadier climb
The benchmark price hit $448,400 in June — a new record for Saskatoon, up from $444,400 in May.
Growth has also settled into a different gear. Benchmark price is running around 4% year over year through the first half of 2026. Through most of 2025 it was running 6 to 9%.
Here is how I would read that, and I want to be careful not to oversell it in either direction.
A 4% gain on a record price is a good year. It is ahead of inflation, it is on top of a benchmark that has climbed 28% above its ten-year average, and it is happening while the market sets supply records in the other direction. What changed is not the direction. It is the pace.
Markets that climb 8 or 9% a year tend to be running on scarcity and urgency. Markets that climb 4% tend to be running on people who actually want to live there. The second one is the more durable version — and honestly the more pleasant one to buy in.
One number that needs a caveat
Detached average price for June was $525,050, flat at zero percent. The detached benchmark rose 4.9%.
Those look like they contradict each other. They do not.
Average price reflects what mix of homes happened to sell that month. Benchmark price tracks a consistent home type over time. When more mid-range homes sell in a given month, the average dips even if every individual home is worth more than it was last year.
The benchmark is the number to trust for what happened to values. The average tells you what sold, not what things are worth. Worth knowing, because average price is usually the one that ends up in a headline.
Where the market is soft, and where it is not
| Segment | Sales | Y/Y | Inventory Y/Y | Months supply | Benchmark | Benchmark Y/Y |
|---|---|---|---|---|---|---|
| Detached | 375 | +9% | −8% | 1.41 | $520,900 | +4.9% |
| Apartment | 105 | −3% | −16% | 1.75 | $263,000 | +4% |
| Row / Townhouse | 90 | −17% | +50% | 1.69 | $371,700 | +4% |
| Semi-detached | 15 | +36% | +6% | 2.27 | $543,100 | +5% |
Detached is the pressure point. Tightest supply of any segment, 22 days on market — realistically about a week to an accepted offer.
Apartments are quietly tightening while nobody talks about them. Inventory down 16%, new listings down 13%, and still the most accessible entry point in the city by a wide margin.
Row and townhouse is the one segment loosening up. New listings up 38%, inventory up 50%, sales down 17%. At 1.69 months of supply it is still tight historically, but this is the only place a buyer has meaningfully more to choose from than last year. The benchmark is still up 4%, so this is normalization, not weakness.
Semi-detached had 15 sales. That is too small a sample to draw conclusions from, and I would not read anything into the price swings at that volume.
The mix is shifting upward
Compared to the first half of 2025, Saskatoon has sold more homes above $600,000 this year and fewer below $400,000.
That is not a price increase on any individual home. It is a change in what is trading. It also explains why the year-to-date average price is up 7.3% while the benchmark is up 4.2%. Fewer entry-level homes available. More activity at the top. That gap is worth watching.
What this means over the next 30 to 60 days
- The listing surge helped. It did not create slack. You are still competing in a nine-day, over-asking market — especially for detached.
- Have financing fully arranged before you view anything.
- Be ready to see a home the day it hits, not the weekend after.
- Look at townhouses if the layout works — that is the one segment with real choice right now.
- Do not assume "more listings" means "more time."
- Pricing conditions are as strong as they have been. But 920 new listings in a month means you have more company than you did a year ago.
- Homes are still selling over list, so preparation and accurate pricing get rewarded.
- Overreaching does not. An overpriced listing will sit even in a 1.5-month supply market.
- Apartments: declining inventory, declining new listings, $263,000 benchmark.
- Detached: where the appreciation is, but at $520,900 the entry math has changed from a few years ago.
- Both are defensible. They are different bets.
The honest summary
June was a strong month by nearly every measure — record price, sales 22% above the ten-year average, the tightest June supply in a decade.
Underneath that: growth has moved from 7% to 4%, year-to-date sales are down 3%, and one segment is starting to loosen. None of those are warning signs. They are signals that the market is changing shape, and I would rather point them out than hand you one clean story that ignores half the data.
If you want to know what this looks like in your specific neighbourhood, or for a specific type of home, the citywide numbers only get you so far. A few options:
- Send me a message and I will run the numbers for your area
- If you are thinking about listing in the next few months, I can put together a realistic pricing range based on what is actually selling near you
- If you just want the monthly report in your inbox, let me know and I will add you
All figures from the Saskatchewan REALTORS® Association, June 2026.