From Saskatchewan Realtors Association:
Sales in North Battleford were up 112.5 per cent (going from 16 to 34), up 100 per cent in Meadow Lake (going from 5 to 10), and up 75.9 per cent in the overall region, going from 54 to 95. In North Battleford, sales were 30.8% above the 5-year average (and 10.7 per cent above the 10-year average), and were 78.6 per cent above the 5-year average (and 47.1 per cent above the 10-year average) in Meadow Lake, while in the larger region, sales were 36.5 per cent above the 5-year average (and 23.4 per cent above the 10-year average). Year-to-Date (YTD) sales in North Battleford rose 67.9 per cent over last year, increasing from 81 to 136, rose 140 per cent in Meadow Lake (going from 15 to 36), and rose 82.1 per cent in the larger region, going from 207 to 377.
Sales volume was up 158.2 per cent in North Battleford, going from $3.2M to $8.4M in 2021 (37.1 per centabove the 5-year average, and 16.9 per cent above the 10-year average), and was up 83.5 per cent in Meadow Lake, going from $1.6M to $2.9M (85.3 per cent above the 5-year average, and 71.4 per cent above the 10-year average). In the region, sales volume was up 112.3 per cent, going from $10.9M to $23.2M (43.2 per cent above the 5-year average, and 36.3 per cent above the 10-year average). YTD sales volume in North Battleford was $31M, an increase of 122 per cent from last year, $10.4M in Meadow Lake, an increase of 187.4 per cent, and was $88.6M in the larger region (an increase of 131.7 per cent from last year).
 In North Battleford, the number of new listings in May 2021 fell 5 per cent, going from 40 to 38 (30.4 per cent below the 5-year average and 35.8 per cent below the 10-year average), but rose 50 per cent in Meadow Lake, going from 8 last year to 12 (14.3 per cent below the 5-year average and 19.5 per cent below the 10-year average). In the region, new listings fell 3.4 per cent, going from 148 last year to 143 this year (21.8 per cent below the 5-year average and 28.2 per cent below the 10-year average). YTD new listings in North Battleford rose 20.3 per cent, going from 38 to 46, but rose 58.8 per cent in Meadow Lake, going from 7 to 11, while in the larger region, the number of new listings to date rose 22.5 per cent, going from 114 to 139. Active listings fell 32.5 per cent in North Battleford (down from 194 to 131), fell 9.3 per cent in Meadow Lake (down from 43 to 39), and fell 22% in the region (down from 760 to 593).
Inventory in North Battleford stood at 3.9 months (which is 68.2 per cent below the level last year and 49.8 per cent below the 5-year average), while the sales to listing ratio was 89.5 per cent, suggesting that market conditions favour sellers. Inventory in Meadow Lake stood at 3.9 months (which is 54.7 per cent below the level last year and 59.1 per cent below the 5-year average), while the sales to listing ratio was 83.3 per cent, suggesting that market conditions favour sellers. Inventory in the larger region stood at 6.2 months (which is 55.6 per cent below the level last year and 44.2 per cent below the 5-year average), while the sales to listing ratio was 66.4 per cent, suggesting that market conditions favour sellers.
Homes in North Battleford stayed on the market an average of 84 days in May, down 35.4 per cent from 130 days last year (but below the 5-year average of 90 days and above the 10-year average of 72 days). Homes in Meadow Lake stayed on the market an average of 41 days in May, down 65.3 per cent from 118 days last year (but below the 5-year average of 81 days and below the 10-year average of 75 days). Homes in the region stayed on the market for 100 days on average in 2021, also down from an average of 118 days last year (and 1.6 per cent below the 5-year average).
The MLS® Home Price Index (HPI)—a more accurate measure of house price trends—varied across different centres in the region. North Battleford saw the price of the benchmark single family home rise 20.8 per cent year-over-year, going from $181,000 to $218,600 while the price of the benchmark single family home in Meadow Lake rose 20.9 per cent (going from $229,400 to $277,300).
