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Alma, PE

Updated: Jun 2016
House
Median price $79,950
Monthly growth -27.31 %
Quarterly trend
Stock on market 0.50%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Alma Home Price

Alma was Canada’s 4811th most expensive suburb by listed median house price this month.

With Alma’s median house price at $79,950 in Jun , it is one of the cheapest neighbourhoods compared to the rest of Prince Edward Island.

From our data, it appears that neighbourhood is number 4155th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.

Is Alma a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Alma there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Alma will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $102,450
Demographics
  • Population in 2011860
  • Population in 2006899
  • 2006 to 2011 population change (%)-4.3
  • Total private dwellings401
  • Private dwellings occupied by usual residents304
  • Population density per square kilometre9.9
  • Land area (square km)86.81

Age Characteristics

Total population by age groups 860
0 to 4 years 50
5 to 9 years 60
10 to 14 years 70
15 to 19 years 80
15 years 10
16 years 15
17 years 15
18 years 15
19 years 15
20 to 24 years 35
25 to 29 years 45
30 to 34 years 50
35 to 39 years 55
40 to 44 years 65
45 to 49 years 70
50 to 54 years 65
55 to 59 years 60
60 to 64 years 50
65 to 69 years 25
70 to 74 years 30
75 to 79 years 25
80 to 84 years 10
85 years and over 5
Median age of the population 37.9
% of the population aged 15 and over 78.7

Marital Status

Total population 15 years and over by marital status 675
Married or living with a common-law partner 455
Married (and not separated) 420
Living common-law 40
Not married and not living with a common-law partner 220
Single (never legally married) 150
Separated 20
Divorced 30
Widowed 25

Family Characteristics

Total number of census families in private households 255
Size of census family: 2 persons 110
Size of census family: 3 persons 60
Size of census family: 4 persons 65
Size of census family: 5 or more persons 30
Total number of census families in private households 260
Total couple families by family structure and number of children 225
Married couples 210
Without children at home 80
With children at home 130
1 child 45
2 children 60
3 or more children 30
Common-law couples 20
Without children at home 5
With children at home 10
1 child 10
2 children 0
3 or more children 5
Total lone-parent families by sex of parent and number of children 30
Female parent 25
1 child 15
2 children 5
3 or more children 5
Male parent 10
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 310
Under six years of age 60
6 to 14 years 115
15 to 17 years 45
18 to 24 years 60
25 years and over 25
Average number of children at home per census family 1.2

Household And Dwelling Characteristics

Total number of persons in private households 860
Number of persons not in census families 65
Living with relatives 15
Living with non-relatives only 10
Living alone 45
Number of census family persons 790
Average number of persons per census family 3.1
Total number of persons 65 years and over in private households 100
Number of persons not in census families aged 65 years and over 25
Living with relatives 0
Living with non-relatives only 5
Living alone 20
Number of census family persons aged 65 years and over 70
Total number of private households by household type 305
Census-family households 255
One-family-only households 240
Couple-family households 215
Without children 80
With children 135
Lone-parent-family households 25
Other family households 15
One-family households with persons not in a census family 10
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 5
Two-or-more-family households 0
Non-census-family households 50
One-person households 45
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 300
Single-detached house 280
Apartment, building that has five or more storeys 0
Movable dwelling 20
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 305
1 person 45
2 persons 105
3 persons 55
4 persons 70
5 persons 25
6 or more persons 5
Number of persons in private households 860
Average number of persons in private households 2.9

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