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Blooming Point, PE

Updated: Aug 2016
House
Median price $169,900
Monthly growth 41.87 %
Quarterly trend
Stock on market 1.55%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Blooming Point Home Price

Blooming Point was Canada’s 3482th most expensive suburb by listed median house price this month.

Blooming Point, Prince Edward Island has a median house price of $169,900 when compiling all the home listings in Aug .

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

This month we track 36th neighbourhoods in Prince Edward Island, and Blooming Point has the 36th most choice available for real estate investors.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Will prices rise across the next year in in Blooming Point? There are a number of real estate indicators to consider.

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)
3 bedrooms $169,900
Demographics
  • Population in 2011743
  • Population in 2006761
  • 2006 to 2011 population change (%)-2.4
  • Total private dwellings386
  • Private dwellings occupied by usual residents280
  • Population density per square kilometre8.7
  • Land area (square km)84.92

Age Characteristics

Total population by age groups 740
0 to 4 years 60
5 to 9 years 50
10 to 14 years 45
15 to 19 years 45
15 years 20
16 years 10
17 years 5
18 years 5
19 years 10
20 to 24 years 35
25 to 29 years 50
30 to 34 years 50
35 to 39 years 45
40 to 44 years 45
45 to 49 years 55
50 to 54 years 50
55 to 59 years 65
60 to 64 years 60
65 to 69 years 45
70 to 74 years 25
75 to 79 years 10
80 to 84 years 5
85 years and over 0
Median age of the population 38.5
% of the population aged 15 and over 80.1

Marital Status

Total population 15 years and over by marital status 590
Married or living with a common-law partner 400
Married (and not separated) 350
Living common-law 50
Not married and not living with a common-law partner 190
Single (never legally married) 135
Separated 15
Divorced 15
Widowed 20

Family Characteristics

Total number of census families in private households 230
Size of census family: 2 persons 110
Size of census family: 3 persons 60
Size of census family: 4 persons 35
Size of census family: 5 or more persons 25
Total number of census families in private households 230
Total couple families by family structure and number of children 200
Married couples 175
Without children at home 85
With children at home 90
1 child 45
2 children 30
3 or more children 20
Common-law couples 25
Without children at home 10
With children at home 10
1 child 5
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 35
Female parent 25
1 child 10
2 children 10
3 or more children 0
Male parent 5
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 240
Under six years of age 65
6 to 14 years 85
15 to 17 years 25
18 to 24 years 40
25 years and over 25
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 745
Number of persons not in census families 70
Living with relatives 15
Living with non-relatives only 15
Living alone 40
Number of census family persons 670
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 90
Number of persons not in census families aged 65 years and over 20
Living with relatives 5
Living with non-relatives only 0
Living alone 10
Number of census family persons aged 65 years and over 70
Total number of private households by household type 280
Census-family households 230
One-family-only households 220
Couple-family households 190
Without children 95
With children 100
Lone-parent-family households 25
Other family households 10
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 5
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 55
One-person households 40
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 280
Single-detached house 245
Apartment, building that has five or more storeys 0
Movable dwelling 30
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 280
1 person 45
2 persons 115
3 persons 55
4 persons 40
5 persons 20
6 or more persons 5
Number of persons in private households 745
Average number of persons in private households 2.7

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