The Prince Albert Region wrapped up August 2026 with steady price growth and a market that still leans firmly toward sellers. The total residential benchmark price climbed to $277,200, up 3.4% year-over-year, while inventory remains well below its long-run average and homes are moving faster than the ten-year norm.
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Prince Albert Region Benchmark Home Price
The region-wide benchmark price hit $277,200 in August 2026, a 3.4% gain over August 2025 and roughly 25% above the ten-year average. Property-type benchmarks tell a similar story of measured appreciation:
- Detached: $278,100 benchmark (+4% Y/Y), still the workhorse of the market with 90% share of sales over the last three years.
- Row/Townhouse: $340,700 benchmark (-2% Y/Y).
- Apartment: $251,800 benchmark (+3% Y/Y).
Average sale prices by Census Division for the month were $221,791 in CD 14, $366,832 in CD 15 (Prince Albert proper and surrounding area), $228,151 in CD 16, and $275,435 in CD 17, with a total region average of $305,933.
Sales Held Above the Ten-Year Average
There were 207 residential sales across the Prince Albert Region in August 2026, down 5.0% from August 2025 but 6.6% above the ten-year average. Year-to-date, the region has posted 1,336 sales, off 7.3% from last year and 1.4% ahead of the ten-year YTD pace. By property type, August looked like this:
- Detached: 171 sales (+4% Y/Y).
- Semi-Detached: 3 sales (+50%).
- Row/Townhouse: 10 sales (+25%).
- Apartment: 6 sales (-60%).
- Acreage: 13 sales (-48%).
- Mobile: 2 sales.
- Multi-Family: 2 sales (+100%).
Census Division 15, which contains the City of Prince Albert, led activity with 112 sales in August (+1% Y/Y) and 688 sales year-to-date. CD 14 posted the strongest August gain at +12% (37 sales), while CD 16 (-16%) and CD 17 (-32%) both cooled from a year ago.
Inventory, New Listings, and Days on Market
The supply side is where the seller-tilt really shows. New listings came in at 291 for the month, down 12.3% Y/Y and 15.7% below the ten-year August average. Active inventory finished at 918 properties, off 15.2% from a year ago and a striking 44.9% below the ten-year average. Year-to-date, inventory is running 47.4% below its long-run YTD level.
With supply this tight, the sales-to-new-listings ratio landed at 71%, firmly in seller's-market territory. Months of supply sits at 4.43, down 10.7% Y/Y and roughly 51% below the ten-year average. Homes are also moving quickly: average days on market for August was 53, versus a ten-year August average of 78.
What This Means for Buyers and Sellers
Buyers: There are fewer options on the board than the market is used to, and well-priced homes are moving in under two months. Getting pre-approved, moving fast on showings, and being ready with a clean offer are still the winning combination in this environment.
Sellers: Low inventory, a 71% sales-to-listings ratio, and DOM well below the long-run average continue to favour sellers, especially for detached homes in Prince Albert and the surrounding communities. Accurate pricing and strong first-impression photos still matter, but the conditions to list are as good as they have been all year.
The Bottom Line
Prince Albert Region real estate in August 2026 looks like a healthy, seller-leaning market: prices up 3.4% Y/Y, sales still above the ten-year average, and inventory nearly half of its long-run norm. If you are thinking about buying or selling this fall, connect with the team at CENTURY 21 Fusion – Prince Albert for a look at what the numbers mean for your street, price point, and timing.
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Source: Saskatchewan REALTORS Association (SRA), Prince Albert Region Monthly Market Stats, August 2026.
Related Prince Albert Resources
- All Prince Albert Listings – browse every active MLS listing in Prince Albert.
- River Heights Homes – a popular family neighbourhood with strong resale demand.
- Crescent Acres Homes – newer executive homes on the east side of the city.
- Free Home Evaluation – find out what your Prince Albert home is worth in today's market.
- Mortgage Calculator – estimate a monthly payment before you shop.
- Mortgage Pre-Approval – get pre-approved with a local Prince Albert broker.
FAQs
What is the current benchmark home price in the Prince Albert Region?
The total residential benchmark price in the Prince Albert Region was $277,200 in August 2026, up 3.4% from August 2025 and roughly 25% above the ten-year average.
Is the Prince Albert market a buyer's or seller's market right now?
It leans firmly toward sellers. The sales-to-new-listings ratio was 71% in August 2026, months of supply sits at 4.43 (about 51% below the ten-year average), and inventory is down 15.2% year-over-year.
How long does it take to sell a home in Prince Albert in 2026?
Average days on market for the Prince Albert Region in August 2026 was 53 days, well under the ten-year August average of 78 days. Detached homes averaged 55 days.
Which property types are selling most in Prince Albert?
Detached homes dominated August with 171 of the 207 total residential sales (about 90% share over the last three years), followed by acreages, row/townhouses, apartments, semi-detached, mobile, and multi-family.
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