Prince Edward County Real Estate Statistics

Prince Edward County real estate average sold price in the last 30 days (January 21 - February 19) was $847,960, which is $107,241 (12.6%) higher than the average price of $740,719 in the previous 30 day period (December 22 - January 20), and $68,442 (8.1%) up from the same period 1 year ago ($779,518). Prince Edward County real estate prices over the last 30 days are also $93,640 (11.0%) higher than the average selling price of $754,320 over the past year.

Prince Edward County average sold price for homes was $870,826 in the last 30 days (January 21 - February 19), which is $88,142 (10.1%) up from the average home price of $782,684 in the previous 30 day period (December 22 - January 20), and $91,308 (10.5%) higher than the same period 1 year ago ($779,518). In the last 30 days Prince Edward County the average home price was $97,687 (11.2%) higher than the average selling price of $773,139 over the last 12 months.

Average selling price for Prince Edward County real estate was $847,960 in the last 30 days (January 21 - February 19), which is collectively $72,227 (8.7%) lower than the average asking price of $832,618. This represents a decline of $30,408 (72.7%) compared to $41,819 (4.6%) Sold-Under-Asking price from the previous 30 day period (December 22 - January 20).

The maximum Sold Over/Under Asking ratio in Prince Edward County during the last 12 months was recorded in July, 2024 with an average of $21,490 under the asking price, while the minimum occurring in December, 2024 with $62,747 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 38.5% with 25 properties sold and 43 new properties listed in the past 30 days (January 21 - February 19). This represents a decrease from 41.9% recorded during the previous 30 day period (December 22 - January 20), and an increase from 27.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Prince Edward County was 68.0% recorded in December 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 25 properties that were successfully sold in Prince Edward County in the last 30 days (January 21 - February 19) was 147 days, which is 73 days more than 74 days average in the previous 30 day period (December 22 - January 20) and 78 days longer than during the same period a year ago (69 days).

There were 37 delisted properties in Prince Edward County, those that got either Expired, Suspended or Terminated over the last 30 days (January 21 - February 19) with an average of 125 days on the market. This is 2 days longer than the average of 123 days during the previous 30 day period (December 22 - January 20) and 34 days more compared to the same period last year average of 91 days on the market.

37 Prince Edward County properties that didn't sell stayed on the market 15.0% longer than 25 that sucessfully sold over the last 30 days - 147 days when sold vs 125 days when delisted respectively.

Average Days on the Market in Prince Edward County over the past 12 months for properties that have sold was 59.4 days, with 99.7 days for those properties that did not sell.

65 new properties were listed on the market in Prince Edward County in the last 30 days (January 21 - February 19). During the same time 25 properties were sold and 37 listings were removed from the market (Expired, Suspended or Terminated), which represents an increase in total inventory by 3 properties (or 4.6%).

During the previous 30 day period (December 22 - January 20) there were 43 new properties listed, 18 sold and 66 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 25 new listings and a yearly average of 95 new listings per month.

There were a total of 57 homes listed during the last 30 days (January 21 - February 19), which is 87.7% of all properties listed in Prince Edward County. This is a 72.7% increase compared with a previous 30 day period (December 22 - January 20) and 0.0% down from the same period a year ago. Over the past year an average of 84 homes are were listed per month.

4 condo units were listed in the last 30 days (January 21 - February 19) in Prince Edward County, which represents 6.2% of all new listings. This is down 50.0% from the prior 30 day period (December 22 - January 20) and 55.6% less compared to the same period last year. There were 6 condos listed per month on average during the last 12 months.

4 townhomes were listed over the last 30 days (January 21 - February 19) in Prince Edward County, which is 6.2% of all new real estate inventory. This is a 100.0% more than during the previous 30 day period (December 22 - January 20) and 0.0% 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 23 homes sold during the last 30 days (January 21 - February 19), which is 92.0% of all properties sold in Prince Edward County. This is a 43.8% increase compared with a previous 30 day period (December 22 - January 20) and 21.1% up from the same period a year ago. Over the past year an average of 36 homes are were sold per month.