All Homes
March homes sales up by one-third
March was an other month of strong sales for detached homes in Prince Edward County, with unit sales 33 homes, up 32% compared to last March. This represented a 6-year high in unit sales. The […]
Market Trends
Investment Properties
Quinte offers superior returns
Small-scale real estate investors -both new and experienced- often include low-rise multi-residential buildings in their portfolios, but is this an effective place to invest money? I recently analyzed the rate of return on such investment […]
Waterfront
Waterfront land prices
I was recently asked about the price of waterfront land in Prince Edward so I dug out a pricing study which I had done for a client in May 2014 for some guidance. The data […]
Homes Over $300,000
Sales grow for higher priced homes
Home sales were down slightly in February, but the total value of homes sold increased? How is that possible? This is a reflection of a long term trend in the market, where the mix of homes […]
All Homes
County listings hit 5-year low
Following in the pattern established in January, the inventory of real estate listings available for sale in Prince Edward County remained at 5-year low levels in February as shown below. Home sales in the County were off […]
All Homes
Lowest Picton inventory in 5 years
Real estate listings usually fall in the County during the winter but this year the inventory of detached homes is extraordinarily low. In Picton, for example, listings fell to a 5-year low for the end […]
Investment Properties
Commercial sales rebounded in 2015
The County market for MLS commercial properties rebounded in 2015 with 13 sales totaling near $7.3 million, the strongest result since 2011. The value of commercial properties sold was up almost 300% in 2015 and […]
Outside Influences
Housing sales mixed across Canada
Statisticians have a saying which illustrates how averages can sometimes obscure what’s really going on: “head in the oven, feet in the fridge, but on average, the temperature is OK.” This is a pretty good […]
All Homes
Has real estate appreciated 12%?
The average price of homes sold in the County in 2015 increased 12% over the year before. This would appear to be bad news for buyers, but it would be misleading to conclude that properties […]
All Homes
2015 sales reach 5-year high
Real estate sales in were up significantly in Prince Edward County in 2015, with 474 detached homes sold on MLS, up 12% from 2014 to a 5-year record high. The total value of all homes […]