Sales Activity April 2025
As you can see from the chart this month had no surprises based on the past few years of April sales numbers.
The number of homes sold through the MLS® System totaled 184 units in April 2025. This was an increase of 4% (seven sales) from last year. A pretty solid month on PEI for the spring market except for outliers in 2020 and 2021.
New Listings April 2025
New listings are on par with last year’s numbers, but a small increase this April is the record for most new listings in the month in history on PEI. This means stable inventory numbers with no extreme swings though since there’s lots of product out there for buyers to shop for.
Active Listings April 2025
Active residential listings numbered 1,067 units on the market at the end of April, a moderate gain of 8% from the end of April 2024. Active listings haven't been thishigh in the month of April in more than five years.
So Inventory is good and stable, and has been for quite a while, though home prices have not really decreased as a result they remain on their slow and steady climb.
The average price of a home sold on Prince Edward Island last month was $417,794. Down slightly from last month but as the chart below indicates this number has been relatively stable since late 2022. See you next month!
