Brae, PE

Updated: Aug 2016
House
Median price $94,900
Monthly growth 5.56 %
Quarterly trend
Stock on market 1.69%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Brae Home Price

Canada’s national median home listing price this month is $290,900, which means that Brae is in the cheapest 20% for Canada.

With Brae’s median house price at $94,900 in Aug , it is one of the cheapest neighbourhoods compared to the rest of Prince Edward Island.

Across Prince Edward Island Brae has the 87th most properties on offer with 218.

Prince Edward Island has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

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

If you are looking at investment properties in Brae, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $129,450
Demographics
  • Population in 2011306
  • Population in 2006362
  • 2006 to 2011 population change (%)-15.5
  • Total private dwellings177
  • Private dwellings occupied by usual residents126
  • Population density per square kilometre4.1
  • Land area (square km)74.15