Prince Edward Island Real Estate Association

Residential Activity


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
CategoryQ2-2025Q2-2024Year-over-year % change
Unit Sales441 367 20.2
Median Sale Price$410,000$387,0005.9

Detailed – Single Detached Sales and Median Price by Area / Single Detached
By AreaQ2-2025Q2-2024Year-over-year % changeQ2-2025Q2-2024Year-over-year % change
Western PEI34 32 6.3 $312,500$275,00013.6
Summerside59 44 34.1 $370,000$341,2508.4
North and South Shore108 90 20.0 $432,500$372,75016.0
Cornwall25 16 56.3 $480,000$512,500-6.3
Charlottetown93 75 24.0 $475,000$485,000-2.1
Stratford35 41 -14.6 $508,000$455,00011.6
Eastern PEI87 69 26.1 $315,000$323,000-2.5




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