Prince Edward Island housing market, September 2026
Figures from the Prince Edward Island Real Estate Association for September 2026, and what they mean for the down payment and the cash to close.
What is the average house price in Prince Edward Island?
$409,925 in September 2026, +1.4% on a year earlier, on 201 sales (+6.9%), according to the Prince Edward Island Real Estate Association. The MLS® HPI benchmark, which prices a typical home, was $377,900 (+0.5%). Inventory: 6.8 months.
PEI, September 2026
| Measure | September 2026 | On a year earlier |
|---|---|---|
| Average sale price | $409,925 | +1.4% |
| Homes sold | 201 | +6.9% |
| Benchmark price (MLS® HPI) | $377,900 | +0.5% |
| Months of inventory | 6.8 | — |
Go deeper
The detail, if you want it
What the price means for a buyer
On $409,925 the insured minimum down payment is $20,496 and the transfer tax and registry fees come to $5,027. With legal, appraisal and inspection at Riley’s 1% rule of thumb, the cash to buy is about $29,622.
Average, benchmark and months of inventory
An average sale price moves with the mix of homes that sold that month. The MLS® HPI benchmark prices a typical home of fixed features, so it is steadier. Months of inventory is active listings divided by monthly sales: how long the stock would last at the current pace.
How often this page changes
Monthly, when the Prince Edward Island Real Estate Association publishes. Every figure carries its source and the day it was checked; the board’s own page is linked in the table caption.
Why a broker
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- Licensed across Atlantic Canada Indi Mortgage brokerage licences in NS, NB and NL (PEI has no licensing regime); Riley Oickle, Associate Mortgage Broker, NS 3001134
- $0 broker fee On a standard residential mortgage the lender pays, not you
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Questions people ask
What is the average house price in Prince Edward Island?
$409,925 in September 2026, +1.4% on a year earlier.
Are house prices going up in Prince Edward Island?
In September 2026 the average price was +1.4% on a year earlier and sales were +6.9%. One month is a snapshot; the board’s page shows the trend.
How many homes sold in Prince Edward Island in September 2026?
201 through the board, +6.9% on September 2025.
What is the difference between the average and the benchmark price?
The average divides the value of every sale by the number of sales, so it shifts with the mix. The MLS® HPI benchmark prices a typical home with fixed features, so it shows the underlying change.
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