Residential Sales in April
The number of homes sold through the MLS® System of the PEIREA totalled 184 units in April 2026. This was a small gain of 1.1% (two sales) from April 2025.
Home sales were 4.5% above the five-year average and 8% above the 10-year average for the month of April. On a year-to-date basis, home sales totalled 529 units over the first four months of the year. This decreased by 8.3% from the same period in 2025.
New Listings in April
The number of new listings saw a small reduction of 3.1% (12 listings) from April 2025. There were 377 new residential listings in April 2026.
New listings were 14.5% above the five-year average and 30.2% above the 10-year average for the month of April.
Active residential listings numbered 1,046 units on the market at the end of the month, decreasing by 2.5% from the end of April 2025.
Active Listings in April
Active residential listings numbered 1,046 units on the market at the end of April, decreasing by 2.5% from the end of April 2025.
Active listings were 20.3% above the five-year average and 23.7% above the 10-year average for the month of April.
Finally the average price of a home on PEI was $398,673 at the end of April. Down slightly from last month and down 5.2% from this month last year.
