Question 1

What is the median sold price in Summerside?

Accepted Answer

The median sold price in Summerside is $455,000 based on 533 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Summerside?

Accepted Answer

The average sold price in Summerside is $474,717. Note that the average ($474,717) is higher than the median ($455,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Summerside?

Accepted Answer

Home prices in Summerside range from $157,000 to $2,200,000 based on recent sales data. This $2,043,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Summerside selling above or below asking price?

Accepted Answer

On average, homes in Summerside are selling at 99.1% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Summerside?

Accepted Answer

Homes in Summerside are selling in an average of 87 days. This indicates a buyer's market with more negotiating power for purchasers. Buyers can take their time and carefully evaluate options before making an offer.

Question 6

What is the price per square foot in Summerside?

Accepted Answer

The average price per square foot in Summerside is $296. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $592,000.

Question 7

How active is the real estate market in Summerside?

Accepted Answer

The Summerside market has seen 533 home sales over the past 2 years, with 76 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How many new listings are coming to market in Summerside?

Accepted Answer

There have been 33 new listings in Summerside during February 2026. Monitoring new inventory helps buyers catch fresh opportunities and helps sellers understand their competition.

Question 9

What types of properties are selling in Summerside?

Accepted Answer

The most common property types selling in Summerside are: single family (361 sold, avg $565,352), condo (172 sold, avg $284,490). Each property type has different price points and characteristics to consider when buying or selling.

Question 10

How much do condos cost in Summerside?

Accepted Answer

Condos and apartments in Summerside are selling for an average of $284,490, with 172 sales over the past 2 years. Condos typically offer a more affordable entry point into the Summerside market.

Question 11

Are home prices rising or falling in Summerside?

Accepted Answer

Home prices in Summerside have decreased by 1.6% over the past 2 years. The average sold price moved from $470,600 to $463,040. The relatively stable prices suggest a balanced market.

Question 12

Is Summerside a buyer's or seller's market?

Accepted Answer

Based on current data, Summerside is a buyer's market. Homes are selling in 87 days on average and at 99.1% of asking price. Buyers have leverage to negotiate on price and terms. Sellers may need to price competitively to attract offers.

Question 13

What percentage of homes sell above asking price in Summerside?

Accepted Answer

In Summerside, 30% of homes sold above asking price, while 61% sold below asking. A moderate number of homes attract multiple offers.

Question 14

What size homes are selling in Summerside?

Accepted Answer

Homes selling in Summerside range from 593 to 6,071 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Summerside?

Accepted Answer

Summerside shows moderate price diversity with a standard deviation of $228,763 around the average price of $474,717. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 16

How do I find out how much a house sold for in Summerside?

Accepted Answer

Simply search our Summerside sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 17

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Summerside will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 18

Do you show all MLS® sold listings for Summerside?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Summerside. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Summerside Sold Prices & Sale History

Summerside Sold Data Overview

7 Recently Sold Homes in Summerside (Last 30 days • Updated February 24, 2026 at 1:34 PM)

Summerside Price Trends & Sale Statistics

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2-Year Market Trends: All Property Types

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