YORKTON REAL ESTATE MARKET REPORT 2025

Your Local Market Guide by Core Real Estate Inc.

WELCOME! Thinking of buying or selling in Yorkton? You're not alone. The market is moving fast, and having up-to-date info is your competitive edge. Here, you'll find stats, trends and local advice from Corey Werner and the Core Real Estate Team, so you can make the smartest move possible.

Sales Growth: The Yorkton-Melville region led Saskatchewan in sales growth during March 2025, with a 13% year-over-year increase, indicating strong buyer demand in the area.

Price Trends: The median list price in Yorkton saw a slight uptick, reaching $249,002 in March 2025, up from $248,552 in February—a 0.18% month-over-month increase. For single-family homes, the median list price rose to $256,071, marking a 1.65% increase from the previous month.

Inventory Levels: The number of homes for sale in Yorkton increased by 13.21% month-over-month in March, totaling 60 listings. Despite this rise, inventory remains tight, contributing to competitive market conditions. ​

Days on Market: Homes in Yorkton are selling faster, with the median days on market decreasing to 67 days in March, down from 95 days in February—a 29.47% reduction. This trend reflects heightened buyer activity and demand.

Implications for Buyers and Sellers

For Buyers: The market's competitiveness necessitates prompt decision-making and readiness to act swiftly when desirable properties become available. Engaging with a local real estate professional can provide valuable guidance in navigating bidding wars and price negotiations.​

For Sellers: The current market conditions favor sellers, with properties moving more quickly and often receiving multiple offers. Accurate pricing and strategic marketing are essential to capitalize on the strong demand.​

Looking Ahead

With the 2025 property assessment roll opening in March, homeowners should review their assessments, as changes may impact property taxes. The City of Yorkton allows appeals within 60 days of the roll opening, providing an opportunity for property owners to contest assessments if necessary. Yorkton​

Overall, Yorkton's real estate market in early 2025 demonstrates robust activity, with increasing sales and prices amid limited inventory. Both buyers and sellers should stay informed and prepared to navigate the evolving market landscape.