Saskatoon Real Estate Market - February Snapshot

Saskatoon Real Estate Market - February Snapshot

In February 2024, the Saskatoon real estate market showed significant activity, with some notable trends in sales, listings, and average sale prices.

Sales Volume

Compared to the previous year, sales saw a substantial increase both for the month and year-to-date (YTD), with a 22% rise. Specifically, there were 309 properties sold, marking an increase of 56 units or 22% over the 253 sales recorded during the same period last year.


The market had a total of 548 active MLS listings. The number of new listings in Saskatoon also experienced a slight change, totaling 434 for the month. This represents a modest 2% increase from the previous February, which had 426 new listings. However, when looking at the year-to-date figures, there's a slight decrease of 5%, indicating a mixed trend in new market entrants.

Average Price

The average sale price for homes in Saskatoon during February 2024 was $366,485, which is a 2.8% increase from the $356,597 average sale price recorded in February of the previous year. Moreover, the year-to-date average sale price showed more substantial growth, reaching $374,787. This marks a 6.3% increase from the $352,601 average in February 2023, showcasing a healthy appreciation in property values over the year.


Overall, the Saskatoon real estate market in February 2024 demonstrated robust sales growth and a slight increase in new listings, alongside a notable rise in average sale prices both monthly and year-to-date, reflecting a positive trend for the local real estate landscape.

Saskatoon Real Estate Market Statistics at a glance:

Active Listings: 548

Sales Increase: +22% (Month and YTD)

Sold Properties: 309

Comparison to Last Year: +56 units sold

New Listings: 434, up 2% for the Month and down 5% YTD

Average Sale Price (YTD): $374,787, up 6.3% from last year

🏡 Tait Real Estate - Realty Executives Saskatoon 🌟

Saskatoon's Premier Real Estate Experts

Jamie Tait
📞 Phone: 306-203-0004
📧 Email:

Ross Tait
📞 Phone: 306-230-2338
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