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New property listed in Avondale

We have listed a new property at Lot 72 O'Keefe's Lane in Avondale. See details here

Discover a private and serene escape on this buildable lot, perfectly situated on the peaceful shores of O'Keefe's Lake. This property is a blank canvas, ready for you to create your dream home or a tranquil cottage for weekend getaways. Enjoy the best of both worlds: a quiet, natural setting with convenient access to nearby amenities. The lot is just a short drive from the charming communities of Montague and Avondale, as well as the city of Charlottetown. Outdoor enthusiasts will love the proximity to Bonshaw Hills Provincial Park, which offers an extensive network of hiking and mountain biking trails. Recent upgrades to the road in 2020 ensure smooth and easy access to the property. A natural buffer zone to the water provides a protected boundary, preserving the lake's integrity and offering an added layer of privacy and natural beauty. Embrace the opportunity to design a space that perfectly complements this breathtaking setting and live the lifestyle you've always dreamed of. (id:2493)

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New property listed in Gaspereaux

We have listed a new property at 3976 Rte 17 in Gaspereaux. See details here

Older home currently undergoing some renovations on one acre with frontage on Graham?s Pond in Gaspereaux. Downstairs is a kitchen, separate dining and a large living room as well as a laundry room. Upstairs there are three bedrooms and one bathroom. One car garage with heat pump, wood stove and large work area. There is also a storage shed and a sea can that will remain on the property. The owner will upgrade the electrical service to 200 amps, install a heat pump and new dishwasher before closing. Gaspereaux is 15 minutes from Montague and five minutes to Panmure Island Beach and Provincial Park. This is a great starter home or cottage. (id:2493)

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New property listed in Avondale

We have listed a new property at Lot 36 O'Keefe Lane in Avondale. See details here

Build Your Dream Home or Cottage on O'Keefe's Lake This cleared lot is the perfect spot for your summer retreat or a year-round residence, offering deeded access to beautiful O'Keefe's Lake. Enjoy all the best parts of lakeside living, from boating and swimming to simply relaxing by the water. Nestled among the trees, the property offers plenty of privacy while still being close to all the essentials. Access is a breeze thanks to an almost $40,000 upgrade to the peaceful road in 2020. The location is ideal for summer fun or everyday life, situated just 20 minutes from both Charlottetown and Montague, and only a short drive from the Avondale Golf Course. This is your chance to create a private getaway with all the convenience you need. (id:2493)

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July 2025 PEI Real Estate Statistics

Sales Activity in July

The number of homes sold through the MLS® System of the Prince Edward Island Real Estate Association totaled 225 units in July 2025. This was a gain of 5.6% (12 sales) from July 2024. Residential sales haven't hit this level in the month of July in five years.

Home sales were 12.1% above the five-year average and 7.4% above the 10-year average for the month.

New Listings July 2025

The number of new listings saw a gain of 9.5% from July 2024. There were 437 new residential listings in July 2025. This was the largest number of new listings added in the month of July in a decade.

New listings were 14.3% above the five-year average and 19.1% above the 10-year average for the month.

Active Listings

Active residential listings numbered 1,359 units on the market at the end of July, up by 4.3% from the end of July 2024. Active listings haven't been this high in the month of July in more than five years.

Active listings were 29% above the five-year average and 16.6% above the 10-year average for the month.

Inventory is climbing slowly but steadily.

Months of Inventory

Months of inventory numbered 6 at the end of July 2025, down from the 6.1 months recorded at the end of July 2024 and above the long-run average of 5.6 months for this time of year.

The number of months of inventory is the number of months it would take to sell our existing supply of homes at the current rate of sales activity.

Finally the average price of homes on PEI took a dip last month to land at $378,252. That’s down a little more than $25K from last month and about 1.5% from this time last year.

See you next month!

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Open House. Open House on Sunday, August 17, 2025 1:00PM - 3:00PM

Please visit our Open House at 59 Celtic Lane in Stratford. See details here

Open House on Sunday, August 17, 2025 1:00PM - 3:00PM

Welcome to this beautifully maintained and thoughtfully updated four-bedroom home, ideally situated in one of Stratford's most desirable and established neighbourhoods. Set on a mature, oversized lot, larger than most in the area, this property offers extra outdoor space for gardening, entertaining, or simply enjoying the privacy and tranquility of your surroundings. Inside, you'll find a bright and spacious eat-in kitchen, perfect for everyday family meals, along with a formal dining room for special occasions. The large living room features a cozy electric fireplace, while the separate family room boasts a propane fireplace, providing multiple inviting spaces to relax and entertain. Upstairs, the primary bedroom includes a private ensuite with a stunning custom-tiled shower. Three additional generously sized bedrooms provide plenty of room for a growing family. This home is also equipped with efficient heat pumps and an 8.10KW solar panel system, ensuring year-round comfort, cooling in the summer months, and energy savings throughout the seasons. Located just minutes from top-rated schools, shopping, parks, walking trails, golf courses, and beautiful beaches, this home combines convenience with comfort in a family-friendly community. Don't miss your opportunity to own this charming, functional home on one of the best lots in the neighbourhood. Virtual Staging used in some photos to show layout and use of rooms. (id:2493)

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Open House. Open House on Sunday, August 17, 2025 1:00PM - 3:00PM

Please visit our Open House at 361 Winsloe Road in Winsloe South. See details here

Open House on Sunday, August 17, 2025 1:00PM - 3:00PM

Stunning Custom-Built 3600 sq ft Home just minutes from Charlottetown. Don't miss the opportunity to own this beautifully crafted custom home located just a short drive from Charlottetown. Enjoy the tranquility of a country setting with the convenience of being close to all the city's amenities. This spacious home features 5 generously sized bedrooms and 3 full bathrooms, perfect for a growing family or those who love to entertain. The open-concept kitchen and living area is ideal for hosting and everyday living, while the large basement offers a large family room with oversized windows that let in plenty of natural light. You'll also find two dedicated storage rooms to meet all your family's needs Designed with quality and detail in mind, the home boasts coffered ceilings, elegant wainscoting, stylish trim, high-end fixtures, and a soothing, modern color palette. The luxurious primary suite features a spa-inspired ensuite bathroom, creating a perfect retreat at the end of the day. Every bedroom is thoughtfully laid out and generously sized for comfort and functionality. The oversized two-car garage provides ample room for your vehicles - including a truck - and plenty of additional storage space. This home is a rare blend of style, space, and location. (id:2493)

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New property listed in Cavendish

We have listed a new property at 8 Brianna Street in Cavendish. See details here

Brand new modern semi-detached home located in Cavendish Horizons Estates on a large beautiful lot featuring stunning indoor and outdoor living spaces with a gorgeous water view and a vibrant boating activity. Inside you will find vaulted ceilings, top of the line finishes a spacious floor plan that includes an inviting white kitchen with quartz counter tops, a dining room and living room with large windows and a patio door unto a expansive back deck to maximize the ocean views, plus lots of green space for a fire pit, barbecuing and entertaining. This home is light and bright with beautiful life proof flooring that is water resistant vinyl click.The home features three bedrooms, two bathrooms with the primary bedroom having a lovely ensuite bathroom and walk in closet. This home comes complete with beautiful stainless steel appliances and side by side washer and dryer. Outside the grounds will be landscaped and a new paved double driveway up to the attached garage for the new owners to enjoy. Here you can have the natural scenic beauty with the back of the home is facing the ocean. No need for a vacation, you have it all here, only minutes away from dining, shopping, golf courses, North Shore beaches, music venues, shops, deep sea fishing, biking trails, parks, and nearby pubs and Towns for groceries and all of the amenities and yet only 30 minutes to the city of Charlottetown and the airport. This home comes with underground wiring for a pristine look, 7 year home warranty plan, your own drilled well for drinking water and shared septic, no fee subdivision allows you to enjoy your property without being charge any road or water or green space maintenance fees. There are covenants and restrictions in place to protect your investment and allows long term and short term rentals, to give you the advantage to generate revenue on your investment. This home is perfect for retirees, vacation home, family or investment property. (id:2493)

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New property listed in Millview

We have listed a new property at 367 Millview Road in Millview. See details here

367 Millview Road is an old PEI farmhouse built in 1850, with original trim and loads of character. Large eat in kitchen downstairs with a separate dining room with built ins. Large living room with fireplace and original hardwood floors. Downstairs there is a porch with attached mudroom and  a small office. There is a laundry room and half bath on the first floor. Upstairs you will find 4 bedrooms and a full bathroom with additional storage in the hallway. The property is just under one acre with lots of room for a garden. Ideal home for a family with young children looking for a new home. Located in Millview midway between Charlottetown and Montague. The house has a new roof in the spring of 2025 and a new fiberglass Oil tank. (id:2493)

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New property listed in Charlottetown

We have listed a new property at 6 Spinnaker Crescent in Charlottetown. See details here

Welcome 6 Spinnaker Crescent, Charlottetown, beautifully updated three-bedroom, one-bath mini home located in the most desirable park in Charlottetown! This move-in-ready home has seen numerous upgrades, including a new roof with shingles, newer windows, all new flooring throughout, fresh paint, and a new washer and dryer. Enjoy year-round comfort with a heat pump, and a newer propane furnace for added efficiency. Situated on a fantastic lot, this property offers both privacy and space in a well-managed, sought-after community. An ideal opportunity for first-time buyers, down-sizers, or investors, don't miss your chance to own in this prime location! All measurements are approximate. (id:2493)

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New property listed in Cavendish

We have listed a new property at 10 Brianna Street in Cavendish. See details here

Brand new modern semi-detached home located in Cavendish Horizons Estates on a large beautiful lot featuring stunning indoor and outdoor living spaces with a gorgeous waterview and a vibrant boating activity. Inside you will find vaulted ceilings, top of the line finishes a spacious floor plan that includes an inviting white kitchen with quartz countertops, a dining room and living room with large windows and a patio door unto a expansive back deck to maximize the ocean views, plus lots of green space for a firepit, barbecuing and entertaining. This home is light and bright with beautiful life proof flooring that is water resistant vinyl click. The home features three bedrooms, two bathrooms with the primary bedroom having a lovely ensuite bathroom and walk in closet. This home comes complete with beautiful stainless steel appliances and side by side washer and dryer.  Outside the grounds will be landscaped and a new paved double driveway up to the attached garage for the new owners to enjoy. Here you can have the natural scenic beauty with the back of the home is facing the ocean. No need for a vacation, you have it all here, only minutes away from dining, shopping, golf courses, North Shore beaches, music venues, shops, deep sea fishing, biking trails, parks, and nearby pubs and Towns for groceries and all of the amenities and yet only 30 minutes to the city of Charlottetown and the airport. This home comes with underground wiring for a pristine look, 7 year home warranty plan, no fee subdivision allows you to enjoy your property without being charge any road or water or green space maintenance fees. There are covenants and restrictions in place to protect your investment and allows long term and short term rentals, to give you the advantage to generate revenue on your investment. This home is perfect for retirees, young families or investment property. (id:2493)

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New property listed in Chelton

We have listed a new property at 59 Gordon Cove Road in Chelton. See details here

This inviting year-round home is nestled in a peaceful waterfront subdivision, perfectly situated along the sought-after Charlotte's Shore centrally located between Summerside and Charlottetown and just a short drive from the Confederation Bridge. Set on a spacious double lot that borders a common area, the property offers privacy, convenience, and multiple driveways for ample parking. An underground wired fence is in place perfect for your pets to stay within the the property boundaries. Outdoor living is at its best with a large back deck, wired gazebo, cozy fire pit, and beach access just steps away. The double detached garage is wired, heated, and features a dedicated workshop and rear storage area, ideal for hobbyists or extra space. A charming Bunkie (dedicated parking), currently a successful Airbnb rental, offers flexibility as a guest suite, income property, or accommodation for a family member. Inside, the home boasts a bright and modern kitchen with quartz countertops, patio doors to the back deck, and French doors opening to the sun-filled living room with vaulted ceilings and oversized windows. A double-sided propane fireplace adds warmth and ambiance, connecting the living space to the spacious primary suite.The primary bedroom offers its own patio doors to the deck, two walk-in closets, and a full ensuite bath for ultimate comfort. Two additional bedrooms, a second full bathroom, and a utility/laundry room complete the main level. One of the bedrooms features a separate exterior entrance, perfect for a home office or studio. Flooring and trim had just been updated in two bedrooms, this home is move-in ready and full of possibility for families, retirees, or anyone seeking peaceful coastal living with modern comforts. (id:2493)

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New property listed in Montague

We have listed a new property at Lot Douses Road in Montague. See details here

This pinned and surveyed .77 of an acre is located on Douses Road in the bustling Town of Montague- within walking distance to all eastern PEI?s largest community has to offer: schools, a vibrant waterfront, breweries, rink, library, fitness facilities, splash park, shopping hospital, great restaurants & more! What will you develop here? Please see documents for survey. (id:2493)

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