Prince Edward Island Real Estate Association

Residential Activity


Residential sales activity in Prince Edward Island slowed in the third quarter of 2025 compared to the third quarter of 2024.

Residential property sales numbered 613 units in the third quarter of 2025, down 10 sales compared to the same quarter in 2024.

Single detached home sales rose 1.3% in the third quarter of 2025.

Summary – Sales and Median Price / Single Detached
CategoryQ3-2025Q3-2024Year-over-year % change
Unit Sales402 397 1.3
Median Sale Price$389,500$398,000-2.1

Detailed – Single Detached Sales and Median Price by Area / Single Detached
By AreaQ3-2025Q3-2024Year-over-year % changeQ3-2025Q3-2024Year-over-year % change
Western PEI53 34 55.9 $262,500$295,500-11.2
Summerside41 52 -21.2 $370,000$356,5003.8
North and South Shore97 97 0.0 $400,000$400,0000.0
Cornwall15 21 -28.6 $480,000$510,000-5.9
Charlottetown74 81 -8.6 $460,000$469,000-1.9
Stratford40 36 11.1 $540,000$527,0002.5
Eastern PEI82 76 7.9 $310,100$351,500-11.8




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