May 2026 Real Estate Report

📊 May 2026 Quinte Region Real Estate Market Update

The Quinte region real estate market showed some interesting contrasts this past April, with each area telling a slightly different story. While sales activity slowed in some markets, prices remained surprisingly resilient overall. Here’s a closer look at what happened across Belleville, Prince Edward County, and Quinte West. 🏡

📍 Belleville: Slower Activity, Stable Prices

In Belleville, the average sale price came in just under $550,000 — essentially unchanged from April of last year. While pricing remained steady, market activity slowed noticeably.

There were 69 sales in April compared to 85 during the same month last year, representing a decline of nearly 19%. Homes are also taking longer to sell, sitting on the market for an average of 45 days compared to just 26 days a year ago. ⏳

What does this mean for sellers? Although the market is still leaning in favour of buyers, properly priced homes are continuing to sell. Stable pricing in a slower market is actually encouraging news for homeowners considering listing this spring. 🌷

🌊 Prince Edward County: More Balance Returning

Prince Edward County saw average sale prices land around $652,000, down from last April’s unusually high average of $824,000. However, these numbers need context.

With relatively low monthly sales volume in the County — typically between 30 and 36 sales per month — just a few luxury waterfront sales can significantly influence the average price. Last year’s numbers were heavily impacted by higher-end properties. 🏖️

What’s more important is that buyer activity increased. Sales volume rose 20% year-over-year, and homes sold faster than they did last April, averaging 54 days on market compared to 66 days previously. 📈

This suggests buyers are returning to the market, but they’re purchasing at more typical price points rather than chasing luxury inventory.

🏘️ Quinte West: The Most Stable of the Three

Quinte West delivered the most straightforward market story this month.

Average sale prices rose to approximately $574,000, up 7.5% compared to last year. Sales activity remained steady, with 75 sales this April versus 74 a year ago.

Homes are taking slightly longer to sell, with days on market increasing from 28 to 41 days, but Quinte West still remains the tightest market among the three regions. 🔑

💡 What This Means for Buyers and Sellers

Overall, the Quinte region market appears to be finding its footing this spring. 🌱

Buyers now have more time, more inventory, and more negotiating power than they did during the fast-paced markets of recent years. At the same time, sellers who price strategically are still successfully closing deals. 🤝

The market may be more balanced than before, but pricing and presentation continue to matter more than ever.

If you’re curious about what these trends mean for your specific situation — whether you’re buying, selling, or simply watching the market — Team Lyons is always happy to help.