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Open House. Open House on Sunday, June 14, 2026 1:00PM - 3:00PM

Please visit our Open House at 233 Main Street in Borden-Carleton. See details here

Open House on Sunday, June 14, 2026 1:00PM - 3:00PM

Income-generating home with a built-in barbershop. This cozy open-concept home offers the perfect opportunity to live and work in one place! Featuring a fenced yard, triple-wide driveway, heat pump, stainless steel appliances, and a rustic touch throughout. The built-in barbershop includes its own half bath, and equipment is included with an accepted offer. Located close to the Confederation Bridge, schools, coffee shops, and amenities. Perfect for a barber, salon, nail studio, office, or home-based business opportunity! (id:2493)

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New property listed in Wheatley River

We have listed a new property at Lot 1 Oyster Bed Park Drive in Wheatley River. See details here

Welcome to this 2 acre Wheatley River waterfront lot. It's located in Oyster Bed Park Drive subdivision. It slopes gently to the water and over looks the widest part of the river where eagles and red tailed hawks soar. You'll wake up to the sound of songbirds. You can slip into your canoe or kayak to paddle a short distance to the famous Blue Mussel Cafe restaurant (everyone's favourite). You'll paddle by oyster beds where fishers are harvesting! The skies are dark for stargazing. There are power lines in place along the access road. This lot is close to Rustico, and Cavendish where you.ll find world renowned beaches and golf courses. Restaurants, groceries, gas and all amenities are close by. This is a beautiful, large property on the water. (id:2493)

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New property listed in Sherwood

We have listed a new property at 280 Mount Edward Road in Sherwood. See details here

Simple Living in the Heart of Sherwood Discover easy, low maintenance living in this well maintained 2 bed, 1 bath duplex located in the desirable community of Sherwood. Designed with comfort and convenience in mind, this home features an open concept layout, high ceilings, and a bright, welcoming atmosphere throughout. The modern kitchen offers ample cabinetry, stainless steel appliances, and a spacious island that's perfect for meal prep, entertaining, or casual dining. The cozy living area provides a comfortable place to relax, while the thoughtful one level design makes everyday living effortless. Attached Single Car Garage for added convenience, storage, and protection from the elements. Whether you're a first time buyer, down sizer, retiree, or investor, this property offers the perfect balance of simplicity and functionality. (id:2493)

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New property listed in Cumberland

We have listed a new property at 3816 RTE 19 in Cumberland. See details here

Take in the panoramic views of the Northumberland Strait from this 68.78 acre property, featuring a 3-bedroom, 2-bathroom farmhouse and extensive agricultural infrastructure. The home welcomes you through a practical side porch with ample storage, leading into a spacious eat-in kitchen with plentiful cabinetry. Off the kitchen, the dining room opens to a covered veranda overlooking the ocean, while a bright foyer guides you down the main hall to a full bathroom, a large living room, and a dedicated laundry room. The upper level houses three comfortable bedrooms and a second full bathroom, all kept exceptionally efficient by a spray-foamed basement, four modern heat pumps, and a cozy supplemental wood stove. Beyond the home, the expansive farm boasts functional outbuildings, including a detached garage, two silos, beef barns, milking barns, a hay barn, a potato warehouse, a wood shed, and a pump house. For interested buyers, an additional Dairy Quota of 21.78 kgs can be purchased separately for $24,000 per kg (totalling $522,720.00 plus HST). Please note that virtual staging has been utilized in some media to showcase the true layout and functionality of the home. 6 (id:2493)

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New property listed in Breadalbane

We have listed a new property at 625 Rattenbury Road - RTE 254 in Breadalbane. See details here

This 3-bedroom, 1-bathroom gem is perfectly situated in the ultimate sweet spot of PEI convenience, just 15 minutes from Kensington, 25 minutes from Summerside, and 35 minutes from Charlottetown. You?re close to everything, yet far enough away that no one will hear you practicing your off-key karaoke. Plus, you aren't just getting a yard here; you're getting two parcels of land and a detached garage for all your tools, toys, or unfinished hobbies. Step through the front entrance and prepare for a floor plan that flows smoother than your morning coffee. The living room leads right into a large eat-in kitchen, which steps out onto a massive deck, which leads straight into your above-ground pool. Yes, it?s a direct highway from the couch to a refreshing splash! Down the hall, a second entrance boasts two storage closets (perfect for hiding the clutter you swore you'd organize last weekend), while the rest of the main floor features a spacious primary bedroom, a cozy guest bedroom, and a full bathroom. If you venture downstairs, the lower level opens up into a generous rec room for movie nights, a dedicated laundry room, and a third bedroom, ideal for that teenager who wants their space, or the guest who refuses to leave. Most affordable homes come with a never-ending to-do list, but this one comes with bragging rights. Enjoy major upgrades like a durable steel roof, spray foamed basement, two heat pumps for efficient year-round comfort, and an 8KW solar system to keep your electric bills delightfully low. To top it all off, the house comes equipped with a central vacuum system, a laundry chute, and, get this a recyclables chute. Because honestly, carrying things downstairs is so yesterday. If you love summer pool parties, low utility bills, and gravity doing your chores for you, your search ends right here. (id:2493)

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MAY 2026 PEI REAL ESTATE STATISTICS

Residential Sales in May

The number of homes sold through the MLS® System of the PEI REA totalled 176 units in May 2026. This was a decrease of 19.3% from May 2025, a pretty dramatic drop year over year, but also a drop from last month.

Home sales were 11% below the five-year average and 10.7% below the 10-year average for the month of May.

New Listings in May

The number of new listings saw a minor decrease of 3.7% from May 2025. There were 412 new residential listings in the month.

New listings were 2.5% above the five-year average and 7% above the 10-year average for the month of May. New Listings were up slightly from April too.

Active Listings in May

Active residential listings numbered 1,159 units on the market at the end of May, a small reduction of 2.1% from the end of May 2025.

Active listings were 18.2% above the five-year average and 22.3% above the 10-year average for the month of May.

This number is average post-covid.

Finally the average price of a home in PEI in May was $404,284. This is down slightly from last May by 1.5% but up slightly from last month by about $6K. The average home price on PEI has been in the range of 375-400K now for almost 4 years.

See you next month!

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Open House. Open House on Sunday, June 14, 2026 1:00PM - 3:00PM

Please visit our Open House at 233 Main Street in Borden-Carleton. See details here

Open House on Sunday, June 14, 2026 1:00PM - 3:00PM

Income-generating home with a built-in barbershop. This cozy open-concept home offers the perfect opportunity to live and work in one place! Featuring a fenced yard, triple-wide driveway, heat pump, stainless steel appliances, and a rustic touch throughout. The built-in barbershop includes its own half bath, and equipment is included with an accepted offer. Located close to the Confederation Bridge, schools, coffee shops, and amenities. Perfect for a barber, salon, nail studio, office, or home-based business opportunity! (id:2493)

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New property listed in Launching

We have listed a new property at 2404 Primrose Road in Launching. See details here

This beautifully restored farmhouse at 2404 Primrose Road in Launching, offers many updates & lots of original woodwork & charm! Enter the home through the bright entry, which conveniently connects to the main level laundry room. Head into the warm & welcoming kitchen, where the custom cabinets & pantry, well-sized butcher block island & wood stove will wow you, as will the large propane stove- a chef's delight! The formal dining room, living room, (complete with wood mantle & propane stove), full bath, and the amazing sunroom round out the lower level. Up the gorgeous wood staircase, you will discover five bedrooms with many unique features. The 2 plus acre lot has a 2 storey garage with it's own electric panel, a wood stove, generator plug, an overhead door & the upper level is an open canvas-craft shop, storage, whatever you wish. The wood shed holds your winter wood & has room for extra storage. The property offers privacy, with mature trees, a greenhouse, a dog pen and a lovely firepit area. You can hear the waves hitting the beach & you can search for sea shells, at low tide, as the beach is a kilometer walk away! This home awaits a new family- don't delay in booking your showing today. All measurements are to be verified by purchaser. (id:2493)

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New property listed in Little Pond

We have listed a new property at Lot 04-5 Bloomfield Subdivision Road in Little Pond. See details here

Nestled in a quiet subdivision, this waterfront parcel is a rare opportunity to own land on an Iconic stretch of the PEI shoreline. Lot 04-5 is a 1.68-acre parcel on the water in Little Pond, a stunning inlet offering panoramic views. This cottage subdivision is a quiet community for those looking for a private, idyllic summer home away from home. Lot 04-5 is cleared, surveyed, and comes with deeded access to both Little Pond and Spry Cove. Calling all ocean lovers! Opportunities like this do not come every day. No covenants! Located 20 minutes to Souris and 30 minutes to Montague. (id:2493)

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Open House. Open House on Saturday, June 13, 2026 1:00PM - 3:00PM

Please visit our Open House at 206 Main Street in Mount Stewart. See details here

Open House on Saturday, June 13, 2026 1:00PM - 3:00PM

Welcome to year round waterfront living in a friendly, quaint community where comfort meets modern design. This beautifully maintained 3 bedroom, 2 bath home offers a bright, contemporary layout designed to maximize natural light and stunning water views. The thoughtfully designed living space is ideal for both everyday living and entertaining, featuring clean lines, modern finishes, and seamless flow throughout. The kitchen is thoughtfully designed with ample storage and workspace, while the spacious bedrooms provide comfort and privacy for family or guests. Step outside and enjoy peaceful waterfront surroundings in every season?perfect for morning coffees, evening sunsets, or outdoor recreation right at your doorstep. A detached two car garage offers plenty of space for vehicles, storage, or hobby equipment. Whether you?re searching for a full time residence or a serene retreat, this property delivers the perfect balance of modern living, natural beauty, and small community charm. (id:2493)

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Open House. Open House on Saturday, June 13, 2026 1:00PM - 3:00PM

Please visit our Open House at 206 Main Street in Mount Stewart. See details here

Open House on Saturday, June 13, 2026 1:00PM - 3:00PM

Welcome to year round waterfront living in a friendly, quaint community where comfort meets modern design. This beautifully maintained 3 bedroom, 2 bath home offers a bright, contemporary layout designed to maximize natural light and stunning water views. The thoughtfully designed living space is ideal for both everyday living and entertaining, featuring clean lines, modern finishes, and seamless flow throughout. The kitchen is thoughtfully designed with ample storage and workspace, while the spacious bedrooms provide comfort and privacy for family or guests. Step outside and enjoy peaceful waterfront surroundings in every season, perfect for morning coffees, evening sunsets, or outdoor recreation right at your doorstep. A detached two car garage offers plenty of space for vehicles, storage, or hobby equipment. Whether you?re searching for a full time residence or a serene retreat, this property delivers the perfect balance of modern living, natural beauty, and small community charm. (id:2493)

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New property listed in Anglo Rustico

We have listed a new property at 131 Bayview Drive in Anglo Rustico. See details here

Experience the pinnacle of contemporary living in this custom-built sanctuary, where every detail is thoughtfully designed for comfort, style, and efficiency. Soaring cathedral ceilings and 24-foot Koller windows with custom blinds flood the interiors with natural light, while spray foam insulation, in-floor hot water loop heating, and a fully automated system, powered by a 200 AMP electric boiler, 1400W generator, and EV charger hookup to ensure year-round ease and peace of mind. The gourmet kitchen blends beauty with function, boasting a professional-grade 5-foot gas stove with double ovens, industrial vent fan, and pot filler. A walnut waterfall island anchors the space, complemented by electronic Capstone cabinets, under/over cabinet lighting, and a custom cherry wood focal light. The entire home is fully wired for integrated wireless speakers, allowing music and sound to flow seamlessly from room to room. The outdoor living area is a showstopper, an all-season retreat for grand entertaining or quiet relaxation. A professional-grade Vulcan gas range, French door refrigerator, and electric fireplace sit within sleek Capstone cabinetry, while a massive 12-foot garage door opens fully to the waterfront. A stone patio with wood-burning fireplace, covered roof with automated blinds, built-in BBQ hookup, and full irrigation system make outdoor living effortless. The primary suite is a serene escape with a walk-in closet and spa-like ensuite featuring five shower heads and a separate water closet. Additional bedrooms offer engineered wood floors, and TV wiring, while the main bath impresses with a walk-in shower and feature tile wall. The two-car garage is both stylish and functional, finished with a pristine epoxy floor, custom Capstone cabinets, built-in sink, and automatic lighting. With four decks, multiple fireplaces, and seamless indoor-outdoor flow, this home is as breathtaking as it is functional. A must see property to (id:2493)

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