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January 2026 PEI Real Estate Statistics

Residential Sales in January

The number of homes sold through the MLS® System of the Prince Edward Island Real Estate Association totalled 88 units in January 2026. This was a sharp decrease of 20.7% from January 2025.

That may sound drastic but put in perspective it’s a below average January, but not necessarily an indicator of how 2026 will go!

New Listings

The number of new listings saw a decrease of 12.5% from January 2025. There were 232 new residential listings last month.

New listings were 8.8% above the five-year average and 23.1% above the 10-year average for the month of January. You can see the more varied historical trend in the chart but it seems to average out!

Active Listings

January’s active listings were in line with the last few years so not many surprises there!

Active residential listings numbered 923 units on the market at the end of January, nearly unchanged, down only 0.4% (four listings) from the same time last year.

Active listings were 19.3% above the five-year average and 18.7% above the 10-year average for the month of January.

Finally the average home price in PEI was $417,803. Up 11.2% from 2025 and about $10K from last month. January is traditionally the slowest month for the PEI Real Estate market. Expect things to pick up as we move into the Spring Market!

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New property listed in North Rustico

We have listed a new property at 7207 Main Street - RTE 6 in North Rustico. See details here

Amazing turn key restaurant that has an occupancy permit to seat 87+ customers. Prime location situated on Route 6 Main Street, North Rustico. This wonderful well-established, family restaurant that features three dining rooms, large equipped kitchen, snack bar, 3 bathrooms, walk-in freezer, vinyl windows, durable, ceramic flooring, metal roof, and 3 newer heat pumps, great lighting throughout and paved parking area. This property is being sold turnkey. It includes the ownership of the land, ownership of the building, ownership of all of the restaurant equipment ( see equipment list), ownership of the business name, business signage, business website, and business phone number. A great investment in one of PEI?s best tourist destinations. By the Bay Family Restaurant is a close proximity to the Sea Walk Park, North Rustico lighthouse, North Shore Beaches, outside expeditions, deep-sea fishing, golf courses, parks, trails, Small Halls, Watermark Theatre, shops and many other surrounding businesses and attractions. The restaurant has over 2,900 square feet and has around 20 parking spaces with easy access with its 3 entrances, also wheelchair accessible and a drive through window. This restaurant has it all, including a large storage room, office and staff room in the lower level. Has a wonderful open concept floor plan that flows beautifully and works well to sit all customers very comfortably with lots of space to add more tables. Everything is ready for the new owners to take over and incorporate their own personal touches & ideas and enjoy this fantastic investment opportunity. All measurements are approximately and should be checked by the purchasers, if deemed necessary. (id:2493)

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New property listed in Stanley Bridge

We have listed a new property at Lot 22-4 Trout River Road in Stanley Bridge. See details here

Discover an exceptional opportunity to own 7.73 acres on Trout River Road in the heart of the highly sought-after community of Stanley Bridge. Ideally located just 5 minutes from Cavendish and PEI?s renowned North Shore, this property offers convenient access to world-class beaches, golf courses, fine dining, and scenic nature trails?while remaining only 20 minutes from Summerside. Set on high ground with sweeping views of the Trout River Valley and its rolling hills, the land is surrounded by a diverse mix of mature trees, offering both privacy and natural beauty. A clearing at the top of the property creates an ideal lookout, providing breathtaking views and endless possibilities for a future home, private retreat, or hobby farm. Note that the adjacent 8.12 acre lot is available for purchase as well. Whether you?re looking to reconnect with nature, enjoy the privacy an acreage can provide, or secure land in one of Prince Edward Island?s most desirable locations, this property represents a rare and exciting opportunity. (id:2493)

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New property listed in Cavendish

We have listed a new property at Lot 11 Brianna Street in Cavendish. See details here

A beautiful large Lot located only five minutes from the town of North Rustico. This stunning property is perfect to build your dream home and enjoy your peaceful oasis. The lot is located in a close proximity to Cavendish beaches, boardwalk shops, restaurants, biking trails, hiking trails, and some of the Island best golf courses. There are some covenants and restrictions in place to protect your investment, however the covenants do allow the convenience of long and short term rentals on your investment. Some of the best things about this beautiful lot it is situated on a beautiful ocean view Lot with year round government maintained roads, the Canada Post community mail boxes are located inside the subdivision plus each home features underground power to keep everything looking beautiful and clean. This lot backs upto a wonderful green space which gives the benefit of more privacy where no one can build directly behind the lot. Must see! (id:2493)

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New property listed in West Covehead

We have listed a new property at Lot Garden Shore Road in West Covehead. See details here

Stunning Lot in Wild Duck Cove subdivision. This wonderful building lot is on Garden Shore Road, just a short distance off the MacMillan Point Road RTE 252. This large lot is almost an acre and would make the perfect location to build your home situated only 15 minutes from Charlottetown and yet very close to the North Shore Beaches and Golfing. Here you can have your own slice of PEI paradise and experience the warm and friendly Island Hospitality, coastal shops and freshly caught seafood. (id:2493)

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New property listed in Stanley Bridge

We have listed a new property at Acreage Trout River Road in Stanley Bridge. See details here

Discover an exceptional opportunity to own 15.85 acres on Trout River Road in the heart of the highly sought-after community of Stanley Bridge. Ideally located just 5 minutes from Cavendish and PEI?s renowned North Shore, this property offers easy access to world-class beaches, golf courses, fine dining, and scenic nature trails?while remaining only 20 minutes from Summerside. This expansive parcel can be enjoyed as a single private estate, making it ideal for those seeking space, privacy, or the opportunity to create a hobby farm or nature-inspired retreat. Set on high ground with sweeping views of the Trout River Valley and its rolling hills, the land features a beautiful mix of mature trees and a natural clearing at the top?perfectly positioned to create a stunning lookout with breathtaking vistas. A rare chance to secure a large, versatile piece of land in one of Prince Edward Island?s most desirable locations?where privacy, scenery, and convenience come together. (id:2493)

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New property listed in Stratford

We have listed a new property at 20 Ducks Landing in Stratford. See details here

Welcome to this inviting Stratford home, ready for its next owners. Offering 3 bedrooms, 2 full bathrooms, and over 1,600 sq. ft. of finished living space, this home features a bright open-concept layout with excellent flow for everyday living and entertaining. The main level includes a spacious living room and kitchen with a large pantry, a comfortable primary bedroom with an oversized custom closet, and a generously sized second bedroom sharing a full main bathroom. The lower level adds even more living space with a large rec room, a third bedroom, and a full bathroom combined with laundry. A utility room provides excellent storage and potential for further development. Outside, enjoy summer gatherings on the large deck and take advantage of the storage shed for seasonal items. Two heat pumps offer efficient heating and cooling year-round. Conveniently located steps from the T3 bus stop, minutes to shopping and downtown Charlottetown, and within walking distance to the new Stratford Community Campus, this home checks all the boxes for comfort and convenience. (id:2493)

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New property listed in Summerside

We have listed a new property at 159 Walker Avenue in Summerside. See details here

Located on a quiet street in Summerside, 159 Walker Avenue offers a well-maintained semi-detached home designed for comfortable, everyday living. With two bedrooms and one full bathroom, this property is ideally situated near shopping, schools, and healthcare services. The interior features a bright open concept layout that brings together the kitchen, dining, and living areas, creating a welcoming and functional space. From the kitchen, step directly onto a spacious 8' x 12' deck, perfect for enjoying the outdoors or hosting casual gatherings. The home includes two generously sized bedrooms, along with convenient hallway storage. A full bathroom with a tub and shower combination is centrally located, and a separate laundry room adds to the home?s practical layout. An oversized single car garage provides additional storage and everyday convenience. Recent updates include a 200Amp electrical service upgrade, added heat pumps and electric heaters with the removal of the oil furnace, offering added efficiency and peace of mind. This property presents an excellent opportunity for those seeking a low maintenance home in a convenient location. (id:2493)

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Open House. Open House on Sunday, February 8, 2026 1:00PM - 3:00PM

Please visit our Open House at 34 Spring Park Road in Charlottetown. See details here

Open House on Sunday, February 8, 2026 1:00PM - 3:00PM

Affordable Downtown Living with a Private Yard! A Rare Find in Charlottetown Welcome to an exceptional opportunity to own a detached home in the heart of downtown Charlottetown at a price point rarely seen. This 1-bedroom, 1-bathroom, 1.5-storey loft-style home offers a smart and efficient layout, with the bedroom and bathroom located upstairs and an open-concept living and kitchen area on the main level. Designed for comfort and function, the home is ideal for a single professional, couple, or investor looking for strong rental potential. Stay comfortable year-round with two heat pumps complemented by two electric radiators, providing efficient heating and cooling. The home features a brand-new fridge, as well as a stove, microwave, range hood, washer, and dryer ? move in or rent out with confidence. Step outside to enjoy a private backyard oasis, complete with a large patio, beautifully landscaped gardens, and a garden shed ? something condo living simply can?t offer. All of this is located in a highly walkable downtown neighbourhood, close to shops, restaurants, waterfront amenities, and everything Charlottetown has to offer. Street parking is available. (id:2493)

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New property listed in Donagh

We have listed a new property at 39 Pleasant View Drive in Donagh. See details here

Experience the ultimate in peaceful country living with this modern 3 bed, 2 bath mini home. 5 years old and situated on its own 0.81 acre lot. This property features a bright, open concept interior with stylish wide plank flooring, a rustic exposed beam, and a contemporary kitchen. The exterior is a true summer retreat, boasting an expansive rear deck that leads to an above ground pool and a large detached shed for all your storage needs. Perfectly located near Donagh School, you can enjoy the serenity of the countryside while remaining just 15 minutes from Stratford and 20 minutes from downtown Charlottetown. (id:2493)

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New property listed in Stanley Bridge

We have listed a new property at Lot 22-3 Trout River Road in Stanley Bridge. See details here

Discover an exceptional opportunity to own 8.12 acres on Trout River Road in the heart of the highly sought-after community of Stanley Bridge. Ideally located just 5 minutes from Cavendish and PEI?s renowned North Shore, this property offers convenient access to world-class beaches, golf courses, fine dining, and scenic nature trails?while remaining only 20 minutes from Summerside. Set on high ground with sweeping views of the Trout River Valley and its rolling hills, the land is surrounded by a diverse mix of mature trees, offering both privacy and natural beauty. A clearing at the top of the property creates an ideal lookout, providing breathtaking views and endless possibilities for a future home, private retreat, or hobby farm. Whether you?re looking to reconnect with nature, enjoy the privacy an acreage can provide, or secure land in one of Prince Edward Island?s most desirable locations, this property represents a rare and exciting opportunity. Note that the adjacent 7.73 acre lot is availible for purchase as well. (id:2493)

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New property listed in Stratford

We have listed a new property at 85 Keppoch Road in Stratford. See details here

Set on a spacious 0.47-acre lot, this impressive 7-bedroom, 4-bathroom home is a striking showcase of modern design and architectural detail. High-end finishes are found throughout, including Joe Dunphy stone countertops, custom cabinetry, and Chianti engineered hardwood floors. The exterior welcomes you with a stamped walkway, stone façade, double paved driveway, and an expansive 8' x 25' covered veranda overlooking the private lot. Inside, a bright and airy open-concept layout connects the living room, dining area, and kitchen?ideal for entertaining. Design features include 3D shadow box wainscoting, recessed and halogen LED lighting, and European-imported fixtures. The chef-inspired kitchen offers quartz countertops with a waterfall island, herringbone tile backsplash, matching fixtures, and a butler?s pantry complete with butcher block counter and microwave. The main level also includes a slate-floored mudroom with built-in storage, laundry area, full bathroom, an office or bedroom, and a Napoleon electric fireplace. Upstairs, five bedrooms are anchored by a luxurious primary suite featuring tray ceilings, a soaker tub, and a marble-accented walk-in glass shower. The fully finished lower level provides a large rec room, custom bar, additional bedroom, full bathroom, and ample storage?offering exceptional space for family living and entertaining. (id:2493)

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