Prince Edward Island Real Estate Association

Residential Activity


Residential sales activity in Prince Edward Island slowed in the first quarter of 2026 compared to the first quarter of 2025.

Residential property sales numbered 345 units in the first quarter of 2026, down 12.7% compared to the same quarter in 2025.

Single detached home sales slowed 10.5% in the first quarter of 2026.

Summary – Sales and Median Price / Single Detached
CategoryQ1-2026Q1-2025Year-over-year % change
Unit Sales248 277 -10.5
Median Sale Price$415,000$410,0001.2

Detailed – Single Detached Sales and Median Price by Area / Single Detached
By AreaQ1-2026Q1-2025Year-over-year % changeQ1-2026Q1-2025Year-over-year % change
Western PEI24 30 -20.0 $259,500$290,000-10.5
Summerside31 37 -16.2 $335,000$350,000-4.3
North and South Shore56 64 -12.5 $450,000$414,5008.6
Cornwall10 24 -58.3 $491,250$484,5001.4
Charlottetown71 71 0.0 $465,000$440,0005.7
Stratford19 21 -9.5 $535,000$584,900-8.5
Eastern PEI37 30 23.3 $335,000$335,0000.0




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