February 2026 Real Estate Report

As we shake off the winter frost, we’re looking back at the January data to see how the local real estate landscape is shaping up. Whether you are eyeing a move this spring or just keeping tabs on your biggest investment, here is what you need to know about Belleville, Prince Edward County, and Quinte West.

Belleville: Steady Growth

Belleville is currently the "bright spot" in our local data. With an average price of $499,000, we saw a healthy 9% increase compared to this time last year. However, patience is still required for sellers, as homes are averaging about 58 days on the market.

Prince Edward County: A Selective Market

The County saw prices dip to just over $602,000. While a 19% year-over-year drop sounds significant, the 3% slide from December to January is fairly typical for the winter season. The big takeaway here? Fewer homes are selling, meaning buyers are being much more selective. To get a "Sold" sign in the yard, pricing strategy is more critical than ever.

Quinte West: Finding the Floor

Quinte West experienced the sharpest adjustment, with prices down 20% compared to January 2025. With fewer homes being listed and sold, it is a quieter market that reflects a cautious approach from both buyers and sellers.

What This Means for You

The market is proving to be a bit tougher than many anticipated heading into 2026. Here is our advice for the current climate:

  • For Sellers: If you’re planning a spring move, start preparing now. In a market where buyers are being picky, your home needs to stand out through condition and realistic pricing.

  • For Buyers: This "calmer" season is your golden opportunity. With less competition and prices struggling to climb in certain areas, you may have more leverage now than you will once the spring rush begins.

The Bottom Line: Real estate is local—and even neighbourhood specific. If you want to know exactly what these numbers mean for your specific home or situation, we are here to help!