County real estate listings
All Homes

Listings fall to 6-year low in March

Tight market conditions continued in Prince Edward County in March, with detached home listed for sale down 28% compared to the end of March last year. At the end of March 2016, there were 257 […]

Home sales for March 2016
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 […]

Investment property six plex
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 land prices
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 […]

Home sales by price segment
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 […]

Picton inventory 5-year low
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 […]

2015 commercial sales up
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 […]

Teranet National Bank housing price incex
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 […]

2015 property appreciation
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 […]