Residential sales activity in Prince Edward Island rose in the second quarter of 2025 compared to the second quarter of 2024.
Residential property sales numbered 643 units in the second quarter of 2025, accelerating 18.9% compared to the same quarter in 2024.
Single detached home sales rose 20.2% in the second quarter of 2025.
Summary – Sales and Median Price / Single Detached | |||
---|---|---|---|
Category | Q2-2025 | Q2-2024 | Year-over-year % change |
Unit Sales | 441 | 367 | 20.2 |
Median Sale Price | $410,000 | $387,000 | 5.9 |
Detailed – Single Detached Sales and Median Price by Area / Single Detached | ||||||
---|---|---|---|---|---|---|
By Area | Q2-2025 | Q2-2024 | Year-over-year % change | Q2-2025 | Q2-2024 | Year-over-year % change |
Western PEI | 34 | 32 | 6.3 | $312,500 | $275,000 | 13.6 |
Summerside | 59 | 44 | 34.1 | $370,000 | $341,250 | 8.4 |
North and South Shore | 108 | 90 | 20.0 | $432,500 | $372,750 | 16.0 |
Cornwall | 25 | 16 | 56.3 | $480,000 | $512,500 | -6.3 |
Charlottetown | 93 | 75 | 24.0 | $475,000 | $485,000 | -2.1 |
Stratford | 35 | 41 | -14.6 | $508,000 | $455,000 | 11.6 |
Eastern PEI | 87 | 69 | 26.1 | $315,000 | $323,000 | -2.5 |