As we flip the calendar to 2026, the data is in: Saskatoon’s real estate market finished the year with a "bang," not a whimper. While December is traditionally a quiet month for moving trucks and "For Sale" signs, 2025 defied the seasonal norms to post the second-strongest sales year on record.

If you’re wondering what this means for your property value or your plans to buy this spring, here is the breakdown of the December 2025 highlights.

1. Sales Are Defying the "Winter Chill"

Saskatoon recorded 270 residential sales in December. This represents a 6% increase compared to December 2024 and sits nearly 24% above the 10-year average. Throughout the entire year, Saskatoon saw over 5,100 homes change hands, proving that demand for our city remains incredibly high.

2. Inventory Crisis: The Tightest Market in the Province

The biggest story of 2025 continues to be the lack of homes for sale. Saskatoon remains the tightest market in Saskatchewan, with only 2.11 months of supply.

• Total Listings: 569 units at year-end.

• The "Real" Inventory: Of those 569 units, 130 were already conditionally sold, leaving only 439 active units to start the new year.

With inventory levels roughly 50% below long-term norms, competition for well-priced homes remains fierce.

3. Home Prices Remain Resilient

While we saw a very slight seasonal dip from the November peak, year-over-year growth remains robust. The benchmark price for Saskatoon in December was $417,700—a 6.4% increase from this time last year.

A Look at Average Prices by Category: 

Property Type | Estimated Average Price 

Detached Homes | ~$484,100 

Townhomes | ~$350,300 

Apartment Condos | ~$258,700 

4. Hot Neighborhoods

Areas like Stonebridge, Rosewood, and Brighton continue to lead the way in demand, while heritage areas like Nutana SC maintain high values due to limited turnover. For first-time buyers, Kensington and Confederation Park remain the go-to spots for finding value in the $350,000-$500,000 price range.

What This Means for You

For Sellers: You are firmly in the driver’s seat. Low inventory means your home is likely to get significant attention if it’s priced correctly. With less than three months of supply, we are still deep in a sellers market.

For Buyers: Preparation is your best friend. In a market this tight, you need to be pre-approved and ready to act. Many homes are seeing multiple offers or selling conditionally within days of hitting the MLS®.

Looking Ahead to 2026

With steady population growth and a stable local economy driven by the potash and uranium sectors, Saskatoon is positioned for another competitive year. As interest rates continue to stabilize, we expect a very busy spring market. Bueyrs this is the time to get your pre approvals in place, and making your list of needs vs wants; sellers your time is now to get your home in tip top shape so it shines against the competition that is sure to come in the coming weeks to months.

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If you’re searching for "Saskatoon weather" right now, you’re likely seeing a forecast that involves a "brisk" prairie breeze or a sudden shift in temperature. In Saskatoon, we don't just talk about the weather to make conversation—we talk about it because it dictates the rhythm of our daily lives and local real estate market.

Whether you're moving here for the first time or just curious how a -30°C snap impacts home prices, here is how the Saskatoon climate shapes your home-buying journey.

Winter: The "Stress Test" Season (December – February)

While many buyers stay bundled up at home, winter is actually the best time to see a house’s true colors. In Saskatoon, a winter viewing is the ultimate "home inspection" for efficiency.

• The Opportunity: You get to see exactly how well a furnace keeps up and whether the windows are drafty.

• Pro Tip: Look for homes with heated garages and south-facing windows. In January, that natural light isn't just a "nice-to-have"—it's a massive mood booster and a way to lower your heating bill.

• Cons to Consider: air conditioners and underground sprinklers cannot be tested, so you must be wiling to accept this risk. You also can't get a good picture of the conidtion of the driveway or landscape.

Spring: The "Melt" Reality Check (March – May)

As the snow disappears, the Saskatoon market "blooms" with new listings. This is our busiest season, but it’s also the most revealing.

• The Focus: Grading and drainage. This is the only time of year you can see exactly how water moves around a property.

• The Strategy: A smart Saskatoon buyer looks at the downspouts and the slope of the yard during the spring melt to ensure the basement stays dry for the years to come.

Summer: Curb Appeal & Lifestyle (June – August)

Summer in Saskatoon is world-class, and our real estate market reflects that. This is the season when families try to settle in before the new school year.

• The Focus: Outdoor living. We spend every possible second outside in July. Listings with decks, pergolas, and underground sprinklers command a premium right now. 

• The Strategy: Check the age of the central air conditioner. Saskatoon summers hit +30°C easily, and you’ll want to know that your cooling system is ready for the heatwave.

Fall: The Window of Opportunity (September – November)

As the leaves turn in Nutana and Silverspring, the market usually offers a "second wind."

• The Opportunity: Sellers who didn't move their into their homes in the summer are often more motivated to close before the first snowfall.

• The Focus: Roof and attic. Fall is the time to ensure the insulation is top-notch and the shingles are ready to handle the weight of a Saskatchewan winter.

The Bottom Line

In Saskatoon, the weather doesn't stop the market; it just changes the strategy. Whether it’s a +30°C summer day or a -30°C winter morning, there is always a way to find a great deal if you know what the local climate is testing.

Thinking of making a move regardless of the forecast? I’ve helped individulas & families navigate the YXE market in every season. Reach out today for a weather-proof real estate strategy!

If you live in Saskatoon, you likely just received (or are about to receive) an envelope from the City of Saskatoon. It’s the 2026 Property Assessment Notice, and with a projected 6.7% property tax increase recently passed by Saskatoon City Council, homeowners are paying closer attention than ever. Saskatoon's 2026 Property Taxes are not going to be pretty -still better than Regina though?

But before you panic about the "Assessed Value" number on that page, there are a few things you need to know about how Saskatoon handles property taxes—and why you only have until February 6, 2026, to do anything about it.

1. Assessment Value vs. Market Value

The most common mistake homeowners make is assuming their Assessed Value is what they could sell their house for today. It isn't.

In Saskatchewan, assessments are based on a "Base Date" of January 1, 2023. The City’s assessors look at what homes in your neighborhood were selling for three years ago. If your assessment looks lower than what you think your house is worth in today’s 2026 market, that is actually normal. However, if your assessment is higher than what similar homes were selling for in early 2023, you might have grounds for an appeal.

2. The "30-Day Window" is Shrinking

Saskatoon has a very strict 30-day "Review and Appeal" period. For 2026, that window runs from January 5 to February 6.

If you believe there is an error in your assessment—perhaps the square footage is wrong, the basement is listed as finished when it isn't, or the "quality" grade is too high—you must file your formal appeal by the February 6th deadline. After that, your tax share for the year is locked in.

3. Will Your Taxes Go Up?

A high assessment doesn't always mean a massive tax hike. Think of property tax like a pie:

• The City decides how much money it needs (the size of the pie).

• The Assessment decides how big your "slice" of that pie is relative to your neighbors.

Last year was a reassessment year where the average residential property value went up by 13%. If your home’s value increased by more than the average, your taxes likely went up. If it increased less than the average, your taxes may have actually stayed flat or gone down, even with the City's overall 6.7% budget increase.

4. How to Check Your Neighbours

Before filing an appeal (which comes with a fee), use the City of Saskatoon Property Assessment & Tax Tool. You can search any address in the city to see their assessment. If your neighbor has a nearly identical house but your assessment is $40,000 higher, it’s time to ask the City Assessor some questions. We personally had to do this last year and discovered the city had the "quality" grade higher than it should be. This lead to an approved reduced pre indpe

The Bottom Line

Don't ignore that property assessment notice from the City of Saskatoomn. Review it for accuracy now. If you’re unsure if your assessment reflects the reality of the 2023 base-date market, reach out. I can pull the actual 2022-2023 sales data for your specific street so you can compare "apples to apples" before you decide to file an appeal.

Questions about your 2026 assessment? Drop me a line or send me a DM—I’m happy to help you navigate the YXE tax maze!