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PEI Residential Housing Market Update — September 2026
Here’s what happened across the Island last month:
188 homes sold (down 5.5% from last August)
360 new listings hit the market (up 7.5%) — more inventory for buyers to choose from
Average price: $420,819 (up 5.0% year-over-year)
Homes selling at 95.6% of asking price on average
Median 62 days on market island-wide
By community:
• Charlottetown: 44 sales, avg. price $452,170 (essentially flat, -0.1%), homes moving in a median of 59.5 days
• Cornwall: 15 sales (+25%), avg. price $556,267 — up a striking 34.5% — with homes selling in just 56 days
• Stratford: 9 sales, avg. price $550,767 (+9.2%), and the fastest-moving market at a median of just 28 days
The big picture: buyers have more to choose from than they did a year ago, and sellers are still getting strong offers close to asking — but every community on the Island is telling its own story right now. If you want to know what these numbers mean for your specific street, that’s a conversation I’d genuinely love to have.
