Total sales 2016
Market Trends 2016

2016 real estate market review

2016 was an extraordinary year for real estate in Prince Edward County, with demand outweighing supply for the first time in a decade. What’s happening to County real estate has become near universal topic of conversion, […]

November 2016 sales
Market Trends 2016

November market update

Prince Edward County stayed firmly in seller’s market territory in November. Forty-four homes sold during the month, a 5-year high representing an increase of 42% over November 2015. The number of homes listed for sale […]

Hillier home sales
Market Trends 2016

Sales take off in Hillier

It’s difficult to measure the appreciation in property values in a small market. The average price is frequently cited, but mainly reflects changes in the product mix (for example, if high-end home buyers are more […]

September 2016 home sales
Market Trends 2016

September sales break seasonal record

September home sales in Prince Edward County followed the same pattern that we’ve seen throughout 2016, smashing all sales records for the month. Fifty-five single family homes were sold in the September just completed, up […]

Listings August 2016
Market Trends 2016

August listings continue to plummet

Single family home listings plummeted in August to the lowest number for the month in the last six years. 270 detached homes were listed for sale at the end of month compared with 420 at […]

August 2016 home sales
Market Trends 2016

August sales break records again

The record-setting market for home sales continued in August. Home sales in Prince Edward County usually begin to fall off in August, but not this year. Instead of tapering off, August detached home sales were […]

Monthly home sales
Market Trends 2016

Shortage of listings limits July sales

The number of detached homes sold in Prince Edward County during July 2016 fell by 14% compared to the same month last year, but this fall in sales does not mean that the County market […]

Sales by segement
Market Trends 2016

The changing face of County real estate

As I have observed before, there are two broad segments in the County market, with the majority of homes priced under $300,000 going to local residents and the majority of homes over that level going […]

Average days on market
Market Trends 2016

County homes selling faster

Residential listings in Prince Edward County fell to a six-year low at the end of June, down 40 percent from the same time last year. The tight market has been most clearly reflected in the […]