Charlottetown Real Estate Market Report
Executive Summary
Dan BraunLocal expert · CharlottetownThe Charlottetown, Newfoundland & Labrador real estate market is currently classified as a balanced market. The MLS composite benchmark price is $383K, up 1.4% year-over-year.
There are currently 2 active listings. Inventory has decreased 99.2% compared to last month.
Currently, listings spend an average of 40 days on market and the average price per square foot is $224.
Board Data vs Our Listings
| Metric | Prince Edward Island (MLS® HPI) | Our Listings |
|---|---|---|
| Benchmark / Median Price | $383K | $65K |
| Active Listings | 2 | 2 |
| Detached Benchmark | $383K | $539K |
Detached properties make up the largest share of the Charlottetown market at 93% of active listings with an average price of $539K. Condo listings follow at 7% (avg $331K).
Sales Activity & Absorption
Volume
Market Signals
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Charlottetown | 6 | $702K |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
The market is relatively balanced between buyers and sellers. The Charlottetown market currently has 2 active listings with a median price of $65K.
According to Prince Edward Island (MLS® HPI), the composite benchmark price is $383K (+1.4% year-over-year).
- Low price reduction rate (0% of listings)
- Average price per square foot is $224
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily, with board statistics from Prince Edward Island (MLS® HPI). Prepared by Dan Braun with AI assistance, reviewed by our team.
Monthly Reports Archive
Market data is calculated from active and recently sold MLS® listings as of July 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.