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However, the 265 number is an increase from 2023. In January of that year, only 200 farmland properties in Saskatchewan were posted on the MLS.<\/p>\n
Tim Hammond, who runs Hammond Realty<\/a> in Biggar, Sask., and specializes in farmland, said the number of properties for sale could climb this fall and winter.<\/p>\n Hammond wrote about the supply of available farmland in the province this spring in a post on the Hammond Realty website<\/a>.<\/p>\n \u201c(The) gradual rise (in land for sale since 2023) suggests that the supply trend is reversing. We\u2019ve also noticed this in our own business, where total farm sales volume has increased by 50 per cent in the past two years,\u201d he wrote.<\/p>\n \u201cAs inventory continues to grow throughout 2025, sellers may find themselves competing for qualified buyers for the first time in a decade.\u201d<\/p>\n More properties available for sale doesn\u2019t mean prices will suddenly collapse. Farmland is still in high demand<\/a>, but buyer enthusiasm is waning.<\/p>\n \u201cThey (farmers) are still doing deals, but (if) it\u2019s strategic to their farm,\u201d Hammond said Aug. 20.<\/p>\n \u201cTwo years ago, if we had 10 buyers interested in a property, now we might have three. It\u2019s still selling really high, but it\u2019s just thinning out.\u201d<\/p>\n Other real estate agents are also noticing a shift.<\/p>\n Weaker farm profits, combined with the threat of tariffs and the uncertain market for Canadian ag commodities, has rattled farmer confidence on the Prairies.<\/p>\n \u201cI\u2019m having young farmers call me, thinking about selling (their land). Guys who are 38 or 42. They\u2019re highly leveraged, the banks are now backing away from ag.\u2026 They\u2019re having trouble getting credit for next year\u201d said Ted Cawkwell, who runs the Cawkwell Group<\/a>, a Saskatoon real estate agency that specializes in farms and ranches.<\/p>\n \u201cWhen profits are down, people aren\u2019t as excited about owning land.\u201d<\/p>\n Like Hammond, Cawkwell believes the number of Saskatchewan farms for sale on MLS will climb in the next six months.<\/p>\n \u201cMy guess is we\u2019re going to get over 300 (listings) this winter,\u201d he said.<\/p>\n \u201cWho knows how high we will go.\u201d<\/p>\n The MLS isn\u2019t the only platform for selling land in Western Canada because other producers use other services to put their property on the market.<\/p>\n However, Hammond, who has been in the farmland business since the early 1990s, said it\u2019s obvious that something changed in the market around 2010-12.<\/p>\n \u201cWhat I noticed happening \u2026 is that people were retiring from farming but they weren\u2019t selling their land,\u201d he said.<\/p>\n That appears to have been a smart decision.<\/p>\n Land prices on the Prairies have exploded, increasing 200 to 400 percent since 2010.<\/p>\n However, hanging onto land isn\u2019t as lucrative as it once was.<\/p>\n![\"A](\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/08\/SK-MLS-Farm-Listing-2015-2025-arrows-1200.jpg\")
The number of Saskatchewan farm properties for sale on the MLS declined significantly from 2015 to 2023, hitting a low of 200 in January of that year. Listings may be on the rebound because some real estate agents believe more farmland will come up for sale this winter. | Source: Hammond Realty<\/p>\n
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