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 | |||
---|---|---|---|
Category | Q3-2025 | Q3-2024 | Year-over-year % change |
Unit Sales | 402 | 397 | 1.3 |
Median Sale Price | $389,500 | $398,000 | -2.1 |
Detailed – Single Detached Sales and Median Price by Area / Single Detached | ||||||
---|---|---|---|---|---|---|
By Area | Q3-2025 | Q3-2024 | Year-over-year % change | Q3-2025 | Q3-2024 | Year-over-year % change |
Western PEI | 53 | 34 | 55.9 | $262,500 | $295,500 | -11.2 |
Summerside | 41 | 52 | -21.2 | $370,000 | $356,500 | 3.8 |
North and South Shore | 97 | 97 | 0.0 | $400,000 | $400,000 | 0.0 |
Cornwall | 15 | 21 | -28.6 | $480,000 | $510,000 | -5.9 |
Charlottetown | 74 | 81 | -8.6 | $460,000 | $469,000 | -1.9 |
Stratford | 40 | 36 | 11.1 | $540,000 | $527,000 | 2.5 |
Eastern PEI | 82 | 76 | 7.9 | $310,100 | $351,500 | -11.8 |