Prince Edward Island Real Estate Association

Market Conditions


Single Detached

Months of inventory for single detached homes numbered 6.7 at the end of the first quarter of 2026, up from the 5.2 months recorded at the end of the first quarter of 2025.

The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

Despite a more balanced market, homes spent less time on the market in the first quarter of 2026 than they had a year earlier.

The median number of days on market for sold single detached homes was 53.5 in the first quarter of 2026, down from 66 days in the first quarter of 2025.






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