Residential sales activity in Prince Edward Island rose in the first quarter of 2025 compared to the first quarter of 2024.
Residential property sales numbered 397 units in the first quarter of 2025, accelerating 10.3% compared to the same quarter in 2024.
Single detached home sales rose 9.1% in the first quarter of 2025.
| Summary – Sales and Median Price / Single Detached | |||
|---|---|---|---|
| Category | Q1-2025 | Q1-2024 | Year-over-year % change |
| Unit Sales | 277 | 254 | 9.1 |
| Median Sale Price | $410,000 | $390,000 | 5.1 |
| Detailed – Single Detached Sales and Median Price by Area / Single Detached | ||||||
|---|---|---|---|---|---|---|
| By Area | Q1-2025 | Q1-2024 | Year-over-year % change | Q1-2025 | Q1-2024 | Year-over-year % change |
| Western PEI | 30 | 18 | 66.7 | $290,000 | $278,750 | 4.0 |
| Summerside | 37 | 31 | 19.4 | $350,000 | $324,900 | 7.7 |
| North and South Shore | 64 | 59 | 8.5 | $414,500 | $375,000 | 10.5 |
| Cornwall | 24 | 16 | 50.0 | $484,500 | $419,950 | 15.4 |
| Charlottetown | 71 | 63 | 12.7 | $440,000 | $475,000 | -7.4 |
| Stratford | 21 | 27 | -22.2 | $584,900 | $519,000 | 12.7 |
| Eastern PEI | 30 | 40 | -25.0 | $335,000 | $317,500 | 5.5 |
