March brought a softer real estate market across the Quinte region, with declining prices, fewer sales, and longer time on market—creating favourable conditions for buyers.
In Belleville, the average home price dropped to about $532,000 (down nearly 10% year-over-year), while sales fell to 46. Homes are now taking longer to sell, averaging 70 days—over a month longer than last year—giving buyers more negotiating power.
Prince Edward County saw a sharper 37% price drop to around $557,000, though this is influenced by a lower number of sales (just 19). With fewer transactions, a handful of lower-priced homes can skew the average. Notably, homes are selling faster here, with days on market improving to 49.
Quinte West remains a value-driven market, with average prices around $534,000 (down about 10.5%) and 51 sales. While prices dipped from February’s spike, the overall trend is relatively stable. Homes are taking slightly longer to sell, averaging 43 days.
The Bottom Line: The market has shifted in favour of buyers, with more inventory, more time to decide, and greater room to negotiate. Sellers, meanwhile, need to price strategically from the start to stay competitive.