Prince Edward County Real Estate Statistics

Prince Edward County real estate average sold price in the last 30 days (October 21 - November 19) was $685,560, which is $130,337 (19.0%) lower than the average price of $815,897 in the previous 30 day period (September 21 - October 20), and $114,738 (16.7%) down from the same period 1 year ago ($800,298). Prince Edward County real estate prices over the last 30 days are also $84,308 (12.3%) lower than the average selling price of $769,868 over the past year.

Prince Edward County average sold price for homes was $688,870 in the last 30 days (October 21 - November 19), which is $151,242 (22.0%) down from the average home price of $840,112 in the previous 30 day period (September 21 - October 20), and $123,440 (17.9%) lower than the same period 1 year ago ($812,310). In the last 30 days Prince Edward County the average home price was $99,536 (14.4%) lower than the average selling price of $788,406 over the last 12 months.

Average selling price for Prince Edward County real estate was $685,560 in the last 30 days (October 21 - November 19), which is collectively $39,991 (4.8%) lower than the average asking price of $830,947. This represents an increase of $1,498 (3.6%) compared to $41,489 (4.9%) Sold-Under-Asking price from the previous 30 day period (September 21 - October 20).

The maximum Sold Over/Under Asking ratio in Prince Edward County during the last 12 months was recorded in January, 2024 with an average of $16,744 under the asking price, while the minimum occurring in February, 2024 with $60,991 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Prince Edward County was 65.8% with 48 properties sold and 84 new properties listed in the past 30 days (October 21 - November 19). This represents an increase from 52.4% recorded during the previous 30 day period (September 21 - October 20), and an increase from 38.8% compared to the same period one year ago.

Over the the last year the highest SNLR in Prince Edward County was 1,306.1% recorded in January and the lowest was in May at 27.1%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 48 properties that were successfully sold in Prince Edward County in the last 30 days (October 21 - November 19) was 67 days, which is 12 days more than 55 days average in the previous 30 day period (September 21 - October 20) and 40 days shorter than during the same period a year ago (107 days).

There were 88 delisted properties in Prince Edward County, those that got either Expired, Suspended or Terminated over the last 30 days (October 21 - November 19) with an average of 112 days on the market. This is 3 days longer than the average of 109 days during the previous 30 day period (September 21 - October 20) and 2 days more compared to the same period last year average of 110 days on the market.

88 Prince Edward County properties that didn't sell stayed on the market 67.2% longer than 48 that sucessfully sold over the last 30 days - 67 days when sold vs 112 days when delisted respectively.

Average Days on the Market in Prince Edward County over the past 12 months for properties that have sold was 63.1 days, with 101.2 days for those properties that did not sell.

73 new properties were listed on the market in Prince Edward County in the last 30 days (October 21 - November 19). During the same time 48 properties were sold and 88 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 63 properties (or 86.3%).

During the previous 30 day period (September 21 - October 20) there were 84 new properties listed, 44 sold and 80 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was May with 144 new properties listed, the slowest - December with 37 new listings and a yearly average of 93 new listings per month.

There were a total of 66 homes listed during the last 30 days (October 21 - November 19), which is 90.4% of all properties listed in Prince Edward County. This is a 5.7% decline compared with a previous 30 day period (September 21 - October 20) and 8.2% up from the same period a year ago. Over the past year an average of 83 homes are were listed per month.

3 condo units were listed in the last 30 days (October 21 - November 19) in Prince Edward County, which represents 4.1% of all new listings. This is down 40.0% from the prior 30 day period (September 21 - October 20) and 200.0% more compared to the same period last year. There were 5 condos listed per month on average during the last 12 months.

4 townhomes were listed over the last 30 days (October 21 - November 19) in Prince Edward County, which is 5.5% of all new real estate inventory. This is a 55.6% less than during the previous 30 day period (September 21 - October 20) and 20.0% decrease compared to the same period a year ago. During the last year the average number of townhomes listed stood at 5 a month.

There were a total of 47 homes sold during the last 30 days (October 21 - November 19), which is 97.9% of all properties sold in Prince Edward County. This is a 17.5% increase compared with a previous 30 day period (September 21 - October 20) and 88.0% up from the same period a year ago. Over the past year an average of 79 homes are were sold per month.