Souris West, Prince Edward Island, Canada
As of August 12, 2026, the median asking price in Souris West is $292,900, across 6 active MLS® listings.
Those listings have been on the market an average of 155 days.
1 new listing came to market in Souris West in the last 30 days.
Souris West is a small-town residential area on the west side of the Town of Souris, Prince Edward Island, with a mix of older detached homes, modest bungalows, and some newer infill on larger lots. The neighbourhood tends to attract local families, retirees, and seasonal residents who value the walkable/driveable access to the harbour, beaches, and a quieter pace than Charlottetown. Day-to-day amenities are concentrated around central Souris (groceries, pharmacy, banking, restaurants, marina services), with larger-format shopping and many professional services requiring a drive to Montague or Charlottetown.
Schools serving the area are the local Souris schools (including Souris Regional School for elementary/middle and Souris Consolidated School for high school, depending on catchments and program availability), and the community benefits from recreation tied to the waterfront, trails, and seasonal events. Public transit is limited; most households rely on personal vehicles, which shapes tenant demand toward renters with cars and employers in town or along regional routes. Real estate trends have been supported by PEI-wide in-migration and limited inventory, but price sensitivity is higher than in Charlottetown and Stratford; the market can be more seasonal and property-specific. From an investment lens, returns are typically driven by stable long-term rentals (and selective seasonal/short-term demand where permitted), with yields moderate due to smaller rent pools and maintenance/utility costs that can be higher for older housing stock.
Souris West currently has 20 active listings with a median asking price of $349,900, averaging $235 per square foot and about 96 days on market, suggesting a steady pace where buyers have time to compare options and negotiate. With only 3 new listings in the past 30 days, fresh supply is limited, so investors and buyers looking for value may find opportunities in longer-sitting homes, while well-priced properties can still stand out quickly.
The median asking price in Souris West is $292,900, across 6 active MLS® listings as of August 12, 2026. The average asking price is $362,617. These are list prices on homes currently for sale, not sale prices.
There are 6 active MLS® listings in Souris West as of August 12, 2026. 1 of them came to market in the last 30 days.
Homes currently listed in Souris West have been on the market an average of 155 days as of August 12, 2026. This measures how long active listings have been available so far, not how long they take to sell.