Prince Edward Island Real Estate Association

{"source_url":"https://members.peirea.com/public-statistics/Details/august-2026-market-activity-and-mls-home-price-index-report-355180","source_sha256":"b949191743012c981f6fce4be5edcd7c2d0e58406718da23fa799e18378c0da9","period":"2026-08-01","geography":{"key":"peirea:prince-edward-island","name":"Prince Edward Island","kind":"province"},"property_basis":"residential","stats":{"sales":188,"avgPrice":420819,"newListings":360,"activeListings":1384,"medianPrice":380000,"medianDom":62,"saleToListPct":95.6,"sourcePage":2},"source_pages":["Prepared for the Prince Edward Island Real Estate Association by the Canadian Real Estate Association. All present and historical\ninformation contained within this report is based on the full set of data collected on the first calendar day of the month, and cannot be directly compared to previous\nreports due to possible revisions in the data.\nPrince Edward Island\nResidential Market Activity and\nMLS® Home Price Index Report\nAugust 2026","Prince Edward Island\nMLS® Residential Market Activity\nCompared to 8\nActual\nAugust\n2026 August\n2025\nAugust\n2024\nAugust\n2023\nAugust\n2021\nAugust\n2019\nAugust\n2016\nSales Activity 188 -5.5% -12.6% -7.8% -17.2% -14.9% -24.5%\nDollar Volume $79,114,036 -0.8% -8.1% 0.2% 2.8% 63.0% 68.0%\nNew Listings 360 7.5% 0.8% 0.8% 3.7% 6.8% 22.4%\nActive Listings 1,384 1.9% 4.4% 32.2% 91.7% 27.8% -24.2%\nSales to New Listings Ratio 1 52.2 59.4 60.2 57.1 65.4 65.6 84.7\nMonths of Inventory 2 7.4 6.8 6.2 5.1 3.2 4.9 7.3\nAverage Price $420,819 5.0% 5.1% 8.7% 24.1% 91.7% 122.5%\nMedian Price $380,000 0.5% 0.0% 0.1% 20.3% 91.1% 123.5%\nSale to List Price Ratio 3 95.6 96.7 96.3 96.6 98.3 95.7 94.2\nMedian Days on Market 62.0 60.0 54.0 44.0 30.0 47.0 75.0\nCompared to 8\nYear-to-Date\nAugust\n2026 August\n2025\nAugust\n2024\nAugust\n2023\nAugust\n2021\nAugust\n2019\nAugust\n2016\nSales Activity 1,286 -11.6% -3.2% 0.3% -21.1% 0.7% -8.7%\nDollar Volume $528,232,715 -8.7% 3.0% 6.9% -3.6% 80.6% 104.4%\nNew Listings 2,749 -3.8% 4.3% 19.4% 20.6% 21.5% 0.2%\nActive Listings 4 1,131 -0.6% 6.4% 32.0% 109.5% 24.8% -36.2%\nSales to New Listings Ratio 5 46.8 50.9 50.4 55.7 71.5 56.5 51.4\nMonths of Inventory 6 7.0 6.3 6.4 5.3 2.6 5.7 10.1\nAverage Price $410,756 3.3% 6.5% 6.6% 22.1% 79.3% 123.9%\nMedian Price $389,500 3.2% 6.0% 5.3% 25.6% 81.2% 142.7%\nSale to List Price Ratio 7 95.9 96.3 96.4 96.6 99.1 96.0 93.7\nMedian Days on Market 49.0 55.0 53.0 46.0 29.0 47.0 76.0\n1 Sales / new listings * 100; compared to levels from previous periods.\n2 Active listings at month end / monthly sales; compared to levels from previous periods.\n3 Sale price / list price * 100; average for all homes sold in the current month.\n4 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.\n5 Sum of sales from January to current month / sum of new listings from January to current month.\n6 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.\n7 Sale price / list price * 100; average for all homes sold so far this year.\n8 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.","Prince Edward Island\nMLS® Residential Market Activity\nSales Activity\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n249\n256\n245\n221\n288\n227\n188\n204\n215\n199\n188\nNew Listings\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n294\n328\n319\n337\n356\n347\n324\n357\n357\n335\n360\nActive Listings\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n1,825\n1,336\n1,156\n1,083\n780\n722\n948\n1,047\n1,326\n1,358\n1,384\nMonths of Inventory\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n7.3\n5.2\n4.7\n4.9\n2.7\n3.2\n5.0\n5.1\n6.2\n6.8\n7.4\nMLS® HPI Composite Benchmark Price and Average Price\nJan 2016\nJul 2016\nJan 2017\nJul 2017\nJan 2018\nJul 2018\nJan 2019\nJul 2019\nJan 2020\nJul 2020\nJan 2021\nJul 2021\nJan 2022\nJul 2022\nJan 2023\nJul 2023\nJan 2024\nJul 2024\nJan 2025\nJul 2025\nJan 2026\nJul 2026\nJan 2027\n$150,000\n$200,000\n$250,000\n$300,000\n$350,000\n$400,000\n$450,000","Prince Edward Island\nMLS® Residential Market Activity\nSales Activity\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n1,409\n1,458\n1,391\n1,277\n1,278\n1,630\n1,417\n1,282\n1,329\n1,455\n1,286\nNew Listings\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n2,743\n2,330\n2,257\n2,262\n1,915\n2,279\n2,361\n2,303\n2,636\n2,858\n2,749\nActive Listings 1\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n1,772\n1,290\n1,002\n906\n709\n540\n624\n857\n1,062\n1,138\n1,131\nMonths of Inventory 2\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n10.1\n7.1\n5.8\n5.7\n4.4\n2.6\n3.5\n5.3\n6.4\n6.3\n7.0\n1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.\n2 Average active listings January to the current month / average sales January to the current month.","Prince Edward Island\nMLS® Single Family Market Activity\nCompared to 8\nActual\nAugust\n2026 August\n2025\nAugust\n2024\nAugust\n2023\nAugust\n2021\nAugust\n2019\nAugust\n2016\nSales Activity 162 6.6% -9.5% -3.6% -16.1% -17.3% -23.6%\nDollar Volume $69,359,968 7.9% -8.0% 2.2% 1.1% 58.3% 67.9%\nNew Listings 298 4.9% 7.2% -1.0% -2.0% -1.0% 14.2%\nActive Listings 1,138 -0.4% 3.5% 26.6% 80.3% 20.7% -28.9%\nSales to New Listings Ratio 1 54.4 53.5 64.4 55.8 63.5 65.1 81.2\nMonths of Inventory 2 7.0 7.5 6.1 5.4 3.3 4.8 7.6\nAverage Price $428,148 1.2% 1.7% 6.0% 20.5% 91.5% 119.7%\nMedian Price $389,500 -4.9% -2.4% 0.1% 19.1% 92.8% 122.6%\nSale to List Price Ratio 3 95.3 96.5 95.9 96.8 98.4 95.6 94.4\nMedian Days on Market 60.0 55.0 53.0 44.0 30.0 45.0 77.5\nCompared to 8\nYear-to-Date\nAugust\n2026 August\n2025\nAugust\n2024\nAugust\n2023\nAugust\n2021\nAugust\n2019\nAugust\n2016\nSales Activity 1,076 -10.8% -1.1% 0.6% -23.4% -3.3% -12.9%\nDollar Volume $462,736,291 -7.3% 4.3% 7.5% -4.9% 76.1% 96.1%\nNew Listings 2,265 -5.3% 4.6% 19.0% 15.6% 15.0% -5.8%\nActive Listings 4 910 -1.4% 3.7% 26.4% 96.9% 15.8% -41.4%\nSales to New Listings Ratio 5 47.5 50.4 50.3 56.2 71.7 56.5 51.4\nMonths of Inventory 6 6.8 6.1 6.5 5.4 2.6 5.6 10.1\nAverage Price $430,052 3.9% 5.4% 6.9% 24.2% 82.1% 125.1%\nMedian Price $406,000 4.1% 5.5% 6.2% 27.3% 81.3% 141.7%\nSale to List Price Ratio 7 95.9 96.2 96.6 96.6 99.1 95.9 94.0\nMedian Days on Market 48.0 53.0 52.5 47.5 29.0 48.0 76.0\n1 Sales / new listings * 100; compared to levels from previous periods.\n2 Active listings at month end / monthly sales; compared to levels from previous periods.\n3 Sale price / list price * 100; average for all homes sold in the current month.\n4 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.\n5 Sum of sales from January to current month / sum of new listings from January to current month.\n6 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.\n7 Sale price / list price * 100; average for all homes sold so far this year.\n8 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.","Prince Edward Island\nMLS® Single Family Market Activity\nSales Activity\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n212\n223\n218\n196\n250\n193\n162\n168\n179\n152\n162\nNew Listings\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n261\n287\n277\n301\n303\n304\n270\n301\n278\n284\n298\nActive Listings\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n1,601\n1,174\n1,019\n943\n673\n631\n796\n899\n1,100\n1,143\n1,138\nMonths of Inventory\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n7.6\n5.3\n4.7\n4.8\n2.7\n3.3\n4.9\n5.4\n6.1\n7.5\n7.0\nMLS® HPI Single Family Benchmark Price and Average Price\nJan 2016\nJul 2016\nJan 2017\nJul 2017\nJan 2018\nJul 2018\nJan 2019\nJul 2019\nJan 2020\nJul 2020\nJan 2021\nJul 2021\nJan 2022\nJul 2022\nJan 2023\nJul 2023\nJan 2024\nJul 2024\nJan 2025\nJul 2025\nJan 2026\nJul 2026\nJan 2027\n$150,000\n$200,000\n$250,000\n$300,000\n$350,000\n$400,000\n$450,000","Prince Edward Island\nMLS® Single Family Market Activity\nSales Activity\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n1,235\n1,288\n1,208\n1,113\n1,094\n1,405\n1,189\n1,070\n1,088\n1,206\n1,076\nNew Listings\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n2,405\n2,050\n1,977\n1,970\n1,651\n1,960\n1,981\n1,903\n2,165\n2,393\n2,265\nActive Listings 1\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n1,553\n1,126\n878\n786\n606\n462\n518\n720\n878\n923\n910\nMonths of Inventory 2\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n10.1\n7.0\n5.8\n5.6\n4.4\n2.6\n3.5\n5.4\n6.5\n6.1\n6.8\n1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.\n2 Average active listings January to the current month / average sales January to the current month.","Prince Edward Island\nMLS® Condominium Market Activity\nCompared to 8\nActual\nAugust\n2026 August\n2025\nAugust\n2024\nAugust\n2023\nAugust\n2021\nAugust\n2019\nAugust\n2016\nSales Activity 4 -66.7% -76.5% -33.3% -63.6% -60.0% -66.7%\nDollar Volume $1,773,900 -53.9% -67.5% -7.1% -48.5% -29.7% -39.4%\nNew Listings 23 15.0% -8.0% 43.8% 228.6% 228.6% 155.6%\nActive Listings 98 -3.0% 5.4% 63.3% 444.4% 69.0% 100.0%\nSales to New Listings Ratio 1 17.4 60.0 68.0 37.5 157.1 142.9 133.3\nMonths of Inventory 2 24.5 8.4 5.5 10.0 1.6 5.8 4.1\nAverage Price $443,475 38.4% 38.1% 39.3% 41.7% 75.7% 81.7%\nMedian Price $362,500 35.5% 30.4% 10.2% 13.3% 58.6% 91.8%\nSale to List Price Ratio 3 98.0 96.4 98.5 98.9 99.1 96.6 97.1\nMedian Days on Market 99.0 82.5 84.0 40.5 27.0 99.5 39.0\nCompared to 8\nYear-to-Date\nAugust\n2026 August\n2025\nAugust\n2024\nAugust\n2023\nAugust\n2021\nAugust\n2019\nAugust\n2016\nSales Activity 73 -21.5% -21.5% 1.4% 14.1% 30.4% 40.4%\nDollar Volume $24,260,230 -20.1% -17.5% 1.0% 25.6% 87.4% 148.8%\nNew Listings 182 -6.2% -2.2% 21.3% 160.0% 67.0% 136.4%\nActive Listings 4 88 -11.2% 7.2% 60.5% 384.8% 94.2% 77.1%\nSales to New Listings Ratio 5 40.1 47.9 50.0 48.0 91.4 51.4 67.5\nMonths of Inventory 6 9.6 8.5 7.1 6.1 2.3 6.5 7.6\nAverage Price $332,332 1.7% 5.0% -0.3% 10.1% 43.7% 77.2%\nMedian Price $305,000 5.2% 9.3% -4.5% 14.9% 36.6% 93.7%\nSale to List Price Ratio 7 96.9 97.2 97.6 97.7 100.3 97.7 93.9\nMedian Days on Market 70.0 78.0 60.0 43.0 33.5 53.5 78.0\n1 Sales / new listings * 100; compared to levels from previous periods.\n2 Active listings at month end / monthly sales; compared to levels from previous periods.\n3 Sale price / list price * 100; average for all homes sold in the current month.\n4 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.\n5 Sum of sales from January to current month / sum of new listings from January to current month.\n6 The year-to-date months of inventory figure is calculated as average active listings from January to current month / average sales from January to current month.\n7 Sale price / list price * 100; average for all homes sold so far this year.\n8 Sales to new listings ratio, months of inventory, sale to list price ratio, and days on market shown as levels; all others calculated as percentage changes.","Prince Edward Island\nMLS® Condominium Market Activity\nSales Activity\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n12\n5\n2\n10\n13\n11\n5\n6\n17\n12\n4\nNew Listings\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n9\n14\n7\n7\n16\n7\n19\n16\n25\n20\n23\nActive Listings\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n49\n49\n30\n58\n37\n18\n61\n60\n93\n101\n98\nMonths of Inventory\n(August only)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n4.1\n9.8\n15.0\n5.8\n2.8\n1.6\n12.2\n10.0\n5.5\n8.4\n24.5\nAverage Price and Median Price\nJan 2016\nJul 2016\nJan 2017\nJul 2017\nJan 2018\nJul 2018\nJan 2019\nJul 2019\nJan 2020\nJul 2020\nJan 2021\nJul 2021\nJan 2022\nJul 2022\nJan 2023\nJul 2023\nJan 2024\nJul 2024\nJan 2025\nJul 2025\nJan 2026\nJul 2026\nJan 2027\n$0\n$100,000\n$200,000\n$300,000\n$400,000\n$500,000","Prince Edward Island\nMLS® Condominium Market Activity\nSales Activity\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n52\n40\n41\n56\n67\n64\n76\n72\n93\n93\n73\nNew Listings\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n77\n72\n52\n109\n89\n70\n119\n150\n186\n194\n182\nActive Listings 1\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n50\n42\n33\n45\n45\n18\n40\n55\n82\n99\n88\nMonths of Inventory 2\n(August Year-to-Date)\n2016\n2017\n2018\n2019\n2020\n2021\n2022\n2023\n2024\n2025\n2026\n7.6\n8.4\n6.3\n6.5\n5.3\n2.3\n4.2\n6.1\n7.1\n8.5\n9.6\n1 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year.\n2 Average active listings January to the current month / average sales January to the current month.","Prince Edward Island\nMLS® HPI Benchmark Price\nMLS® Home Price Index Benchmark Price\npercentage change vs.\nBenchmark\nType: August 2026 1 month ago\n3 months\nago\n6 months\nago\n12 months\nago 3 years ago 5 years ago\nComposite $372,800 -4.0 -2.7 1.0 -1.3 -0.1 15.9\nSingle Family $372,800 -4.0 -2.7 1.0 -1.3 -0.1 15.9\nOne Storey $378,900 -2.8 -1.5 3.9 0.9 4.3 19.5\nTwo Storey $362,800 -6.0 -4.7 -3.6 -5.0 -6.4 10.7\nMLS® HPI Benchmark Price\nJan 2016 Jan 2018 Jan 2020 Jan 2022 Jan 2024 Jan 2026\n$150,000\n$200,000\n$250,000\n$300,000\n$350,000\n$400,000\n2 Storey\n1 Storey\nSingle Family\nComposite","Prince Edward Island\nMLS® HPI Benchmark Descriptions\nComposite\nFeatures Value\nAbove Ground\nBedrooms 3\nBedrooms 3\nBelow Ground\nBedrooms 0\nExterior Walls Siding\nFreshwater Supply Municipal\nwaterworks\nFull Bathrooms 2\nGarage Description Attached, Single\nwidth\nGross Living Area\n(Above Ground; in\nsq. ft.)\n1417\nHalf Bathrooms 0\nHeating Baseboards\nHeating Fuel Electricity, Oil\nNumber of\nFireplaces 0\nTotal Number Of\nRooms 7\nType Of Foundation Basement, Poured\nconcrete\nWastewater\nDisposal Municipal sewers\nYear Built 1991\nSingle Family\nFeatures Value\nAbove Ground\nBedrooms 3\nBedrooms 3\nBelow Ground\nBedrooms 0\nExterior Walls Siding\nFreshwater Supply Municipal\nwaterworks\nFull Bathrooms 2\nGarage Description Attached, Single\nwidth\nGross Living Area\n(Above Ground; in\nsq. ft.)\n1417\nHalf Bathrooms 0\nHeating Baseboards\nHeating Fuel Electricity, Oil\nLot Size 15299\nNumber of\nFireplaces 0\nTotal Number Of\nRooms 7\nType Of Foundation Basement, Poured\nconcrete\nType of Property Detached\nWastewater\nDisposal Municipal sewers\nYear Built 1991","Prince Edward Island\nMLS® HPI Benchmark Descriptions\n1 Storey\nFeatures Value\nAbove Ground\nBedrooms 3\nBedrooms 3\nBelow Ground\nBedrooms 0\nExterior Walls Siding\nFreshwater Supply Municipal\nwaterworks\nFull Bathrooms 2\nGarage Description Attached, Single\nwidth\nGross Living Area\n(Above Ground; in\nsq. ft.)\n1292\nHalf Bathrooms 0\nHeating Baseboards\nHeating Fuel Electricity, Oil\nLot Size 16441\nNumber of\nFireplaces 0\nTotal Number Of\nRooms 6\nType Of Foundation Basement, Poured\nconcrete\nType of Property Detached\nWastewater\nDisposal Municipal sewers\nYear Built 1995\n2 Storey\nFeatures Value\nAbove Ground\nBedrooms 3\nBedrooms 3\nBelow Ground\nBedrooms 0\nExterior Walls Siding\nFreshwater Supply Private supply\nFull Bathrooms 2\nGarage Description Attached, Single\nwidth\nGross Living Area\n(Above Ground; in\nsq. ft.)\n1703\nHalf Bathrooms 1\nHeating Fuel Electricity, Oil\nLot Size 18066\nNumber of\nFireplaces 0\nTotal Number Of\nRooms 7\nType Of Foundation Basement, Poured\nconcrete\nType of Property Detached\nWastewater\nDisposal Municipal sewers\nYear Built 1985"]}