Saskatoon Real Estate Market Report - December 2025: Benchmark Price Rises 6.4% Year-Over-Year

Saskatoon (MLS® HPI) — December 2025

In December 2025, Saskatoon's composite benchmark price reaches $417,700, reflecting a 6.4% increase from $392,500 in December 2024. The market remains balanced, indicating stable conditions for both buyers and sellers.

Market Analysis

The Saskatoon real estate market demonstrates resilience as it closes out 2025 with a composite benchmark price of $417,700. This figure represents a slight decrease from November's benchmark of $421,000, yet the year-over-year growth of 6.4% signals a robust market recovery. With the current market condition classified as balanced, supply and demand appear to be in equilibrium, suggesting that neither buyers nor sellers have a distinct advantage at this time.

Property Type Analysis

When examining property types, the detached homes segment shows a benchmark price of $483,000, while attached/townhouse properties are priced at $349,300, and apartments at $253,300. This variation in pricing reflects differing demand levels across property types, with detached homes typically commanding higher prices due to their larger size and greater amenities.

Regional Highlights

Regional trends indicate that the overall stability in the Saskatoon market is supported by consistent demand across various neighborhoods. While specific sales and listing data are not available for December, the balanced market condition suggests that buyers are actively seeking properties, contributing to the upward pressure on prices compared to the previous year.

For Buyers

Prospective buyers are encouraged to remain vigilant and prepared, as the balanced market conditions may present opportunities for negotiation. With benchmark prices on the rise, it is advisable for buyers to secure financing and be ready to act quickly when suitable properties become available.

For Sellers

Sellers should take advantage of the current market conditions by pricing their homes competitively. Given the year-over-year price increase, presenting properties in excellent condition and utilizing effective marketing strategies will be crucial to attracting potential buyers in this balanced market.