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Prince Edward County, Ontario Real Estate Market Report

Bay of Quinte, Ontario, Canada · Market data as of

Buyer's Market
SellerBalancedBuyer
8.9 mo
Buyer's Market

Prince Edward County is currently a buyer’s market with 8.9 months of inventory and a 12-month median sale price of $607K. Higher inventory gives buyers more options and room to negotiate.

Price Trajectory

How Prince Edward County's median sold price is moving — year-over-year, by property type, and most recently.

$607Kmedian (12 mo)-0.5% YoYdown 0.5 percent year over year
$640Kmost-recent-quarter median (n=163)+5.4% vs the 12-month median

Recent sales are pricing above the trailing-year benchmark — momentum is building.

Median sold price by property type (12 mo)
Property TypeMedianYoY
Freehold$610K
Condo$448K

Sold residential · trailing 12 months · aggregated MLS data. Property types with fewer than 10 sales are omitted.

Most market reports are old by the time you read them. Boards publish monthly, usually two weeks after the month closes. Every figure on this page is calculated daily from live MLS data, so you're seeing today's market, not last month's summary.

Based on 454 sales and 540active listings · Data refreshes every morning

BWhat This Means for Buyers

With 8.9 months of inventory, buyers have more options and negotiating power in Prince Edward County.

There are 540 active listings to choose from, giving you time to find the right fit.

Prices have been trending down, which may create opportunities for patient buyers.

SWhat This Means for Sellers

Higher inventory means sellers need to work harder to stand out in Prince Edward County.

Homes are selling at 95% of list price, so pricing accurately from day one is critical.

454 homes sold in the past 12 months. Presentation and pricing strategy matter more in this environment.

Filters apply to statistics and charts below. Other sections show all property types.

540
Active Listings
454
Sold (12 mo)
$609K
Median Price
65 days
Avg DOM
95%
SP/LP Ratio
8.9
Months of Inventory
Updated daily
$706K
Average Price
Influenced by outliers
$609K
Median Price
Middle value of all sales
$477K
Benchmark Price
Tracks a typical home (CREA HPI)
$22K
Median Bid Delta
8%
Sold Above Asking
82%
Sold Below Asking

Prices have been trending downward over the past 12 months. Here's how that breaks down across price ranges and time.

How fast are homes selling?

Average days on market over time. Lower numbers mean homes are selling faster.

Under 20 = Hot Market Over 60 = Slow Market
Average days on market by period
PeriodAvg Days on Market
2025-0864 days
2025-0964 days
2025-1048 days
2025-1193 days
2025-1265 days
2026-01101 days
2026-02130 days
2026-0355 days
2026-0461 days
2026-0562 days
2026-0650 days
2026-0762 days

How does this month compare?

Month-over-month and year-over-year changes in key metrics.

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$650K$601K+8.2%$555K+17.1%
Sales Count4653-13.2%9+411.1%
Avg DOM6250+24%68-8.8%

What's selling?

Breakdown of sales by property type over the past 12 months.

Listings by property type
Property TypeCountShare
Residential Freehold46486%
Residential Condo & Other6312%
Single Family132%

The monthly stats tell one story. The daily trajectory tells another — here's how inventory is moving day by day.

Daily Market Trajectory

Updated daily

Most market reports use 30-day rolling averages. By the time you see a shift, it already happened weeks ago. This chart tracks inventory daily so you can spot trajectory changes as they happen.

Under 4 mo = Seller'sOver 6 mo = Buyer's

Last 30 days · updated daily

Speed and competitiveness are two sides of the same coin. Here's how aggressively homes are trading.

How competitive is this market?

Absorption rate and sale-to-list price ratio show how aggressively homes are trading.

Absorption Rate SP/LP Ratio

Last 30 days · updated daily

Just Listed

Just Sold

Communities & Neighbourhoods in Prince Edward County

Detailed market data for 3 areas within Prince Edward County.

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of Prince Edward County and surrounding areas.

Jeff Chisholm, Sales Representative
Chisholm Real Estate Team
Direct Realty Ltd., Brokerage

Get in Touch

Top Rated Schools

C M L Snider Elementary School
PublicElementary
8.3
EQAO /10
Prince Edward Collegiate Institute
PublicSecondary
7.5
EQAO /10
Sophiasburgh Central Public School
PublicElementary
7.1
EQAO /10
Prince Edward Collegiate Institute Elementary School
PublicElementary
6.4
EQAO /10
St Gregory Catholic School
CatholicElementary
3.9
EQAO /10

Source: EQAO provincial assessment results

How does Prince Edward County compare?

Key metrics for nearby cities in Bay of Quinte. All figures are for residential properties over the past 12 months.

Market Pulse Score

83
Strong Buyer's Market
Mixed Signals

Driving factor: Months of inventory (14.6)

MOI
25%
Absorption
20%
SP/LP
20%
DOM
15%
Price Cuts
10%

Price Outlook

12-Month Projection
$519,626$616,896
Low confidence (24 months)Model: linear-trend-v1

Market forecasts are statistical estimates based on historical MLS trend data, months of inventory, and Bank of Canada rate data. This information is provided for general informational purposes only, does not constitute financial, investment, or professional real estate advice, and should not be relied upon for making purchasing or investment decisions. Forecasts do not replace a professional Comparative Market Analysis or certified appraisal by a licensed appraiser.

Frequently Asked Questions

What is the average home price in Prince Edward County, Ontario?
The median home price in Prince Edward County, Ontario is $609K based on 454 sales over the past 12 months. The average price is $706K. There are currently 540 active listings in Prince Edward County.
Is Prince Edward County a buyer's or seller's market?
Prince Edward County is currently a buyer's market with 8.9 months of inventory. Higher inventory gives buyers more options and negotiating leverage.
How long do homes take to sell in Prince Edward County?
Homes in Prince Edward County take an average of 65 days to sell (days on market). The median days on market is 38. Longer days on market suggest buyers have more time to consider their options.
What is the months of inventory in Prince Edward County?
Prince Edward County currently has 8.9 months of inventory, calculated daily from live listing data. Months of inventory measures how long it would take to sell all current listings at the current sales rate. Under 4 months typically indicates a seller's market, while over 6 months indicates a buyer's market.
How much do homes sell above or below asking in Prince Edward County?
In Prince Edward County, the median sale price is $22K below asking price. 8% of homes sold above asking and 82% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 95%.
What are the real estate market trends in Prince Edward County, Ontario?
The Prince Edward County real estate market has prices trending downward with a median price of $650K in the most recent month. Prices changed +8.2% compared to the previous month. There were 46 sales in the month with an average of 62 days on market.

Current Mortgage Rates in Ontario

1 year fixed

2.50%

Bank of Canada Posted Rate

3 year fixed

5.19%

Bank of Canada Posted Rate

5 year fixed

6.09%

Bank of Canada Posted Rate

Prime (variable)

2.65%

Posted rates from Bank of Canada · Updated July 21, 2026

Stale

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Jeff Chisholm, Sales Representative, Chisholm Real Estate Team, Direct Realty Ltd., Brokerage

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MLS Data Provider
RECO Registered

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How We Calculate These Statistics

Data source: Statistics are calculated from MLS listing data provided under license from the Canadian Real Estate Association (CREA) and participating real estate boards.

Months of Inventory (MOI):Active listings divided by the monthly sales rate for the selected period (1, 3, 6, or 12 months). Under 4 months generally indicates a seller's market; over 6 months indicates a buyer's market.

SP/LP Ratio: Sale Price to List Price ratio calculated as the median of (sale price / list price) across all sold properties with valid pricing data.

Home Price Index (HPI):CREA's aggregate composite benchmark index tracking price changes for a typical home, adjusted for property mix differences over time.

Update frequency: Data refreshes every 30 minutes via Incremental Static Regeneration (ISR). Daily snapshot metrics update once per day.

Coverage: Includes all residential property types listed on the MLS for Prince Edward County and surrounding areas.

Jeff Chisholm, Sales Representative

Chisholm Real Estate Team at Direct Realty Ltd., Brokerage

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Data provided by REintel. Statistics are aggregated from MLS data under license. Reproduction or redistribution of this data is prohibited without written consent. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA).

REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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