Active listings were up in Prince Edward County during the 3rd quarter of 2019, fueled by new homes.
All Homes

3rd Quarter 2019: New Home Sales Continue to Grow

Prince Edward County new home sales continued to grow between June and September 2019, while the median price for homes sold during the quarter continued to increase. Listings Grow, Fueled by New Homes Far more […]

Table shows the average price per acre for waterfront and other vacant land in Prince Edward County, broken down by parcel size.
Vacant Land

Prices Are Increasing For Vacant Land

Summary Although sales have fallen since the bubble market of 2017, prices are increasing for vacant land in Prince Edward County. Historical Sales Sales of vacant properties in the County stagnated for six years following […]

Existing home sales fell in Prince Edwad County during the second quarter 2019 while new build sales were up.
All Homes

2nd Quarter: Existing Home Sales Down, Prices Up

Summary The key housing metrics gave a mixed message in the second quarter of this year, with some pointing to stronger demand and others suggesting the opposite. On another front, new home sales continued to […]

Active listings for re-sale homes were up 11% in the first quarter of 2019, but when new construction is included, total listings are up 68%.
All Homes

New construction impacting County real estate

The big news in the first quarter of 2019 is that new construction is impacting County real estate, a trend which will continue for years to come. Supply The number of re-sale homes actively listed […]

Prince Edward County median house prices doubled between 2009 and 2018
All Homes

Interpreting Median Prices

If the median price for a single-family home in the County doubled between 2009 and 2018 (which they did), does that mean my house doubled in value? Answer: maybe. First, a few definitions. Most of […]