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Alberton, PE

Updated: Aug 2016
House
Median price $92,500
Monthly growth 6.07 %
Quarterly trend
Stock on market 2.22%
Apartment
Median price $110,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.61%

Alberton Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Alberton is number 4794 putting it behind most of Canada .

While the median for Prince Edward Island is $179,600 , which means that Alberton’s median price is $92,500 a lot lower than the rest of the province.

Investors looking for properties in Alberton are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

From our data, it appears that neighbourhood is number 1893th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.

When we look at the data we have, it can help with trying to establish whether or not Alberton is a good investment target.

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Alberton, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 12, this month we show 11.

Across the country as a whole, Alberton is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Alberton has a median home price of $110,000.

According to our stats, Alberton is the neighbourhood that has the 4th most properties available to real estate investors in Prince Edward Island.

Can we guarantee how well Alberton is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Alberton there is more stock than three months ago. This would indicate pressure on prices easing.

Find a mortgage broker in Alberton, PE
Beds Median price (House) Median price (Apartment)
2 bedrooms $84,900
3 bedrooms $86,200
4 bedrooms $124,450
Demographics
  • Population in 20111135
  • Population in 20061081
  • 2006 to 2011 population change (%)5
  • Total private dwellings495
  • Private dwellings occupied by usual residents465
  • Population density per square kilometre252.1
  • Land area (square km)4.5

Age Characteristics

Total population by age groups 1135
0 to 4 years 65
5 to 9 years 55
10 to 14 years 65
15 to 19 years 65
15 years 10
16 years 10
17 years 15
18 years 25
19 years 10
20 to 24 years 65
25 to 29 years 45
30 to 34 years 50
35 to 39 years 65
40 to 44 years 70
45 to 49 years 60
50 to 54 years 75
55 to 59 years 60
60 to 64 years 95
65 to 69 years 80
70 to 74 years 80
75 to 79 years 45
80 to 84 years 35
85 years and over 50
Median age of the population 46.9
% of the population aged 15 and over 84.2

Marital Status

Total population 15 years and over by marital status 960
Married or living with a common-law partner 505
Married (and not separated) 450
Living common-law 60
Not married and not living with a common-law partner 450
Single (never legally married) 225
Separated 45
Divorced 60
Widowed 125

Family Characteristics

Total number of census families in private households 315
Size of census family: 2 persons 170
Size of census family: 3 persons 75
Size of census family: 4 persons 50
Size of census family: 5 or more persons 20
Total number of census families in private households 315
Total couple families by family structure and number of children 245
Married couples 215
Without children at home 110
With children at home 100
1 child 50
2 children 35
3 or more children 15
Common-law couples 25
Without children at home 15
With children at home 20
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 70
Female parent 60
1 child 35
2 children 10
3 or more children 5
Male parent 10
1 child 10
2 children 5
3 or more children 5
Total children in census families in private households 310
Under six years of age 70
6 to 14 years 105
15 to 17 years 35
18 to 24 years 65
25 years and over 30
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 1040
Number of persons not in census families 180
Living with relatives 15
Living with non-relatives only 15
Living alone 145
Number of census family persons 865
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 225
Number of persons not in census families aged 65 years and over 85
Living with relatives 10
Living with non-relatives only 10
Living alone 70
Number of census family persons aged 65 years and over 145
Total number of private households by household type 465
Census-family households 310
One-family-only households 295
Couple-family households 235
Without children 125
With children 115
Lone-parent-family households 60
Other family households 15
One-family households with persons not in a census family 15
Couple-family households 5
Without children 0
With children 0
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 155
One-person households 145
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 465
Single-detached house 275
Apartment, building that has five or more storeys 0
Movable dwelling 0
Other dwelling 190
Semi-detached house 30
Row house 90
Apartment, duplex 5
Apartment, building that has fewer than five storeys 60
Other single-attached house 0
Total number of private households by household size 465
1 person 145
2 persons 170
3 persons 75
4 persons 55
5 persons 20
6 or more persons 5
Number of persons in private households 1045
Average number of persons in private households 2.2

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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