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%.
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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
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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 […]

Data shows that County homes sell for less during winter
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County Homes Sell For Less During Winter

Is it true that County homes sell for less during winter? Or is that just an unfounded rumor? Selling To Listing Price Ratio The selling to listing price ratio is a real estate metric which […]

March selling-to-listing price ratio
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Sellers getting closer to listing price

In an earlier posts I discussed how Prince Edward County detach home listings fell to a 5-year low in February and how homes were selling more quickly as a result, particularly in Picton and Wellington. If you are in […]

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Globe & Mail covers Prince Edward County

I was very flattered to be quoted in the lead real estate story in March 9th’s Globe and Mail. Journalist Carolyn Ireland was able to provide a very succinct summary of what’s happened recently in […]

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Disappointed by lack of choice?

In a recent post I documented the continuing slowdown in home sales in the County which started in May. Closer examination shows that overall sales may be down, but lower-priced homes are holding steady while […]

Sales 3rd quarter 2017
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Market Update: July to Sept. 2017

Since peaking in May 2017, the Prince Edward County real estate market has cooled significantly. Since May, the market had largely returned to historical normal by the end of September (though sales actually fell below […]

Home sales 2nd quarter 2017
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County Real Estate: April – June 2017

Summary: After a blistering April and May, the chill from the downturn in the Toronto real estate market reached the County in June when most measures showed a pronounced cooling.   While April and May […]