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Feb 2025 PEI Real Estate Statistics

New Listings February 2025

The number of new listings rose 13.8% from February 2024. There were 231 new residential listings in February 2025. This was the largest number of new listings added in the month of February in more than 15 years!

New listings were 17.9% above the five-year average and 23.3% above the 10-year average for the month of February.

Sales Activity February 2025

The number of homes sold through the MLS® System of the PEIREA totaled 126 units in February 2025. This was a gain of 9.6% (11 sales) from February 2024.

Home sales were 2.3% below the five-year average and 4.6% above the 10-year average for the month of February.

On a year-to-date basis, home sales totaled 237 units over the first two months of the year, up by 8.2% from the same period in 2024.

Active Listings February 2025

Active residential listings numbered 908 units on the market at the end of February, up by 9.5% from the end of February 2024. Active listings haven't been this high in the month of February in more than five years.

Active listings were 35.9% above the five-year average and 8.3% above the 10-year average for the month of February.

The average price of homes sold in February 2025 was $373,993, a decrease of 6.2% from February 2024. This number however is still relatively stable as it has only varied slightly in almost 2.5 years on PEI.

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New property listed in Kingsboro

I have listed a new property at Lot Basin Head Road in Kingsboro. See details here

Welcome to the picturesque community of Kingsboro PEI, with its stunning beaches and beautiful community, ideal location for anyone looking to build their dream home. Close to the Basin Head Park featuring white sandy beaches, known as "the singing sands".Gorgeous small community with many treasures to be found. Enjoy an adventure out on the bike trails or locale restaurants serving up fresh seafood!Imagine making this property your home not only is it stunning with its natural beauty but also close to the vibrate Town of Souris. (id:2493)

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New property listed in North Rustico

I have listed a new property at Lot Cape Road in North Rustico. See details here

Located on the Cape Rd is this beautiful wooded building lot in the Seaside Community of North Rustico. Here you can enjoy many of PEI best golf courses, Cavendish Beach Dunes, North Rustico Boardwalk and scenic views. Here you can build your home or cottage and enjoy the amazing Town of Rustico that has so much to offer, such as beaches, fresh air, sunsets, fresh seafood, deep sea fishing,parks, theatre, bakery, groceries, coffee shops, home hardware store, liquor store, historic sites and delicious restaurants. (id:2493)

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New property listed in Charlottetown

I have listed a new property at 204 1 Haviland Street in Charlottetown. See details here

Exceptional executive condo located in the heart of the downtown waterfront. This stunning two-bedroom, two-bathroom residence offers the perfect blend of luxury, convenience, and breathtaking views. The master bedroom boasts a private ensuite, while the additional bedroom and full bath provide comfort for guests or family. The dedicated laundry room and den with a water-view balcony add to the condo's functionality. The spacious, open-concept kitchen (new stone countertops) features a large eat-in island, seamlessly connecting to the dining and living areas, which also offer access to a second balcony with incredible waterfront views. Storage is abundant, ensuring every space is both beautiful and practical. One of the standout features of this condo is the unmatched panoramic views. Greet the day with an inspiring sunrise from the east-facing balcony and unwind in the evening with picturesque sunsets from the west-facing side. The Paoli's Wharf condominium development is a sought-after address known for its prime location and exceptional amenities. Residents enjoy underground parking, a private elevator shared with neighboring suites, monitored security, sprinkler system, and direct access to the scenic waterfront boardwalk. This remarkable condo offers an unparalleled lifestyle in one of the most desirable locations in the city. Note that this unit features as assigned underground park space and additional outside parking for guests and visitors. All measurements are approximate and should be verified by the purchaser if deemed necessary. (id:2493)

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New property listed in Argyle Shore

I have listed a new property at Lot RTE 19 in Argyle Shore. See details here

Great lot with a view of the Northumberland Strait and the Confederation Bridge located only minutes from Cornwall. This 1.6 acre lot has a category 1 perc test and no covenants and has a direct access to RTE 19. This large lot gives you lots of flexibility on where to place your home and room for a detached shop or garage. Placed at the back of the lot will give you a wonderful view of the water and the evening sunsets. (id:2493)

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New property listed in Murray Harbour

I have listed a new property at 446 Fox River Road in Murray Harbour. See details here

FOREST & LAKE PEI COTTAGES & BED & BREAKFAST, a 4-Star, nature-lover's lakeside retreat is available for your purchasing pleasure! Here is your dream, turnkey, investment property, with a gorgeous home, offering 4 large bedrooms, 4 bathrooms (3 with ensuite), an amazing hot tub room, on a lake, ready to move into & generate good revenues. This 20 acre estate, with a gorgeous lake & stream, also includes 5 cottages (2- one Bed, 1- one bed & 2- two bedroom), a 3 bedroom/2 bath house & a 1 bedroom, 2 bath, apartment above the double car garage! The location is excellent, being in the popular tourist area of Murray Harbour & so close to the Confederation Trail - snowmobilers, bikers & hikers are frequent guests! You are 3 minutes to the Village of Murray Harbour, 5 minutes to Murray River, 15 Minutes to the Wood Islands Ferry, 20 minutes to Montague at a mere 40 minutes to Charlottetown, PEI's capital city! There are already bookings for 2025 at this tourist haven! If not a business, this would make the perfect retreat for a multi-generational family, with the stunning waterview, docks, blue herons, hummingbirds & eagles ready to captivate you & yours! This property has too many features to list here and really must be viewed to be appreciated. (id:2493)

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Open House. Open House on Saturday, March 15, 2025 1:00PM - 3:00PM

Please visit our Open House at 77 Parkside Drive in Charlottetown. See details here

Open House on Saturday, March 15, 2025 1:00PM - 3:00PM

Welcome to 77 Parkside Drive. This immaculate executive rancher is located in the highly sought-after neighbourhood of Lewis Point, known for its quiet tree-lined streets, scenic water views and convenient access to shopping, sports and recreational activities, and schools, including the University. The home is set on a professionally landscaped lot, with mature trees and a very private hedged backyard. The quality, high-end finishes found throughout, including quartz counter tops, hardwood flooring, superior trims and moldings, demonstrate the sophistication and care with which the property has been maintained. Thoughtfully laid out, this home features warm and inviting spaces for the family to gather or to entertain guests including the large kitchen with island, window seat and breakfast nook, and which is connected to the living room and dining room by double French doors. You can also enjoy some fresh air and sunshine or the evening stars from the screened-in sunroom and large outdoor deck. At the end of the day, you will find privacy and comfort for your rest and rejuvenation as you retire to a large primary bedroom, with an ensuite and walk-in closet. Also found in this quiet zone are 3 more bedrooms, an additional full bath and laundry room. This home offers even more useful space on the lower level. It is already finished with an expansive family room, a home gym, bathroom with shower, and an overflow guest room. There is also a spacious games room and tons of additional storage. No detail has been overlooked as the home has been meticulously maintained or recently upgraded, including bathrooms and kitchen, the heated 2 car garage, Central Vac system, water softener, installation of a new 3-zone, ducted heat pump heating and cooling system and propane water heater. What you will love about this property: *Privacy and tranquility inside and out *Like -new condition*Upscale neighbourhood with green space and shor (id:2493)

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New property listed in Charlottetown

I have listed a new property at 308 Fitzroy Street in Charlottetown. See details here

An exceptional investment opportunity in the heart of Charlottetown! This well-maintained triplex offers three fully rented units with reliable long-term tenants, making it a turnkey addition to any investor?s portfolio. Recent updates ensure low maintenance and modern appeal, while the property?s prime location allows for effortless access to all downtown amenities, including shops, restaurants, parks, and entertainment. Off-street parking provides added convenience for tenants?an invaluable feature in the downtown core. Whether you?re expanding your rental portfolio or looking for a solid income-generating property, this triplex delivers on both location and value. Don?t miss out. All measurements are approximate. (id:2493)

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Open House. Open House on Sunday, March 16, 2025 1:00PM - 3:00PM

Please visit our Open House at 53 Kingsway Drive in New Perth. See details here

Open House on Sunday, March 16, 2025 1:00PM - 3:00PM

Step into serenity with this stunning, two year old contemporary home, situated on a .79 of an acre lot in a peaceful countryside subdivision just minutes to Montague. Offering a perfect blend of modern design and rural charm, this property provides the tranquility of country living while being conveniently close to all town amenities and a 30 min drive to Charlottetown. Let?s start with the Exterior Features: - A sleek sloped metal roof and black-accented windows make a striking architectural statement. - Fully fenced-in yard, ideal for pets, gardening, or entertaining. - Single-and-a-half garage for added storage or workspace. Interior Highlights: - Open Concept Living: Bright, airy, and flowy with a natural, calming aesthetic. - Modern Kitchen: Quartz counter tops, contemporary cabinetry, and ample space for cooking and gathering. A nice pantry is also here for added space. Custom blinds are found throughout the home adding beauty and privacy. - Bedrooms: Three upstairs, including a spacious primary suite with a luxurious ensuite featuring a beautifully tiled shower. A primary balcony is also available for morning coffee or star gazing. - An upstairs Main Bath: Conveniently includes laundry for ease of living. - A Fully finished basement offers a versatile space. A great media area or family fun room. A fourth bath is easy to add as roughed-in plumbing for a bathroom is ready. A fourth bedroom is also on the lower level and a storage area. - Large windows throughout provide picturesque countryside views, blending indoor comfort with outdoor beauty. This is more than a home - it?s a lifestyle. With its sophisticated design, thoughtful layout, and unbeatable location, this property perfectly captures the essence of "modern meets country." If you are golfer you are in a prime location Just 10 minutes to the first tee off at Dundarave and Brudenell. Or head to the beach just a short drive to Panmure Island or Basin Head. (id:2493)

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Open House. Open House on Sunday, March 16, 2025 1:00PM - 3:00PM

Please visit our Open House at 62 Kingsway Drive in New Perth. See details here

Open House on Sunday, March 16, 2025 1:00PM - 3:00PM

This brand new rancher is near completion. Located only a few minutes from Montague and 40 minutes from Charlottetown. This home has a great lay out. There is a mud room off the garage which leads you into the open concept kitchen, living, dining room. The master bedroom is on one side of the house with an ensuite bathroom and walk in closet. The other two bedrooms and second full bathroom are on the other side of the home. The kitchen features custom built cabinets with quartz countertops. The home is on a large 1.13 acre lot and will be turn key. There are covenants in place to protect your investment. HST rebate to be signed back to the builder at closing. Measurements are approximate and should be verified by purchaser if deemed necessary. (id:2493)

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New property listed in Lower Rollo Bay

I have listed a new property at 665 Lower Rollo Bay Road in Lower Rollo Bay. See details here

Peace, privacy and stunning views await you at 665 Lowe Rollo Bay Road! This 2.5 acre property, offers approximately 240'of water frontage, on a year round, paved road, overlooking the ocean and is minutes from the town of Souris. The land has a former cottage on site (last used in 1989). Property is being sold "as is where is" and seller makes no guarantees of working order of well or septic. The huge bonus here? There are no restrictive covenants-come and build your dream property! (id:2493)

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New property listed in Uigg

I have listed a new property at 172 & 176 Robbins Road in Uigg. See details here

This 3-bedroom, 3-bathroom home is the definition of privacy, nestled at the end of a paved public road on a total of 3.48 acres. As you step inside, you?re welcomed by a spacious porch with built-in storage, leading to the attached heated single garage with its own heat pump, access to the lower level, or the main living area. The heart of the home is the large eat-in kitchen, offering plenty of cabinetry and storage. Flowing seamlessly from the kitchen is the family room, which includes a 3-piece bathroom and provides access to the beautiful above-ground pool, making it a perfect space for entertaining. The dining room is generously sized, ideal for hosting family gatherings. Adjacent to it is the living room, featuring a propane fireplace for cozy warmth, complemented by a heat pump for efficient heating and cooling. The family room also provides a secondary access to the lower level. Upstairs, the primary bedroom is a true retreat, complete with a private Juliet balcony overlooking the serene property and heat pump. On this level, you?ll find a 4-piece bathroom with a stackable laundry set, along with an additional well-sized bedroom. The lower level offers incredible versatility, featuring a large bedroom with an egress window, a full bathroom, a kitchenette area, another heat pump, and an additional laundry set. Beyond the main home, the second lot is fully equipped with a well and septic system, making it an excellent option for an RV, cottage, or secondary dwelling. The property also includes a double detached garage, a single-car outbuilding, and a silo. For those seeking rental potential or additional storage, the 125? x 30? barn offers parking for 20 cars and features a full loft waiting to be developed. This home also comes with a Winco Automatic Propane Generator and numerous updates over the last 5 years. 3 RV Hookups, 200AMP service, 4 Heat Pumps, Pool Liner, New Deck Boards, Hot Water Boiler, Detached Garage Insulated, New (id:2493)

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