Bay of Quinte Market Update: February

The Central Lakes Association of REALTORS® has released its February 2026 Housing Market Statistics, reflecting price adjustments across several Regions while sales activity eased in some areas compared to both the previous month and last year. New listing activity varied across markets, and inventory levels rose across most areas — continuing the theme of a market working through evolving conditions.

“With last year being a period of adjustment, we’re continuing to see a market that is working through evolving conditions,” said CLAR President Christine Riley. “While sales volumes have eased in some areas, pricing trends are varying by Region, and the long-term economic drivers across our communities — including major infrastructure and energy investments — position us well for sustained demand. Buyers and sellers who are well prepared and working with a REALTOR® are finding meaningful opportunities.”

Below is a closer look at what happened in your area:

Hastings County

Hastings County reported 82 home sales in February, down 4.7% month-over-month. The average selling price was $555,798 — up 11.4% from January’s $499,005 and 7.3% higher than February 2025.

New listings reached 247, slightly down 4.6% from January but up 8.3% year-over-year. Homes spent an average of 51 days on the market, reflecting steady buyer activity despite moderated sales volume.

Northumberland County

Northumberland County recorded 71 sales in February — a significant 47.9% increase from January’s 48 sales. The average selling price was $693,431, down 8.5% month-over-month, but still 2.5% higher year-over-year.

New listings declined 10.7% from January to 183, with homes spending an average of 59 days on the market.

Prince Edward County

Prince Edward County saw 11 home sales in February, down 8.3% month-over-month. The average sale price was $662,409 — up 1.8% from January but down 16.5% compared to February 2025.

New listings totalled 50, up 4.2% from January. Homes spent an average of 140 days on the market, reflecting a more deliberate pace of transactions in the County.

“The housing crisis cannot be solved in isolation by any one level of government. February’s data reinforces the need for coordinated, cross-jurisdictional action that prioritizes speed, supply, and affordability,” said CLAR CEO Wendy Giroux. “CLAR will continue ensuring that housing policy decisions reflect market conditions and support sustainable growth across our Region.”

If you’re wondering what these shifting numbers mean for your specific property — or whether this spring could present an opportunity — we are always happy to provide a personalized market update tailored to your neighbourhood and goals.