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Cambridge, PE

Updated: Aug 2016
House
Median price $211,900
Monthly growth
Quarterly trend
Stock on market 0.46%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cambridge Home Price

Cambridge was Canada’s 2695th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Cambridge has a median home price of $211,900.

There are 218 neighbourhoods that have more properties on sale than Cambridge at the moment in Prince Edward Island which puts the neighbourhood bottom 40% when looking at the number of properties to choose from.

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

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 Cambridge, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.

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

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

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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $62,450
Demographics
  • Population in 2011915
  • Population in 2006901
  • 2006 to 2011 population change (%)1.6
  • Total private dwellings435
  • Private dwellings occupied by usual residents361
  • Population density per square kilometre8.9
  • Land area (square km)103.02

Age Characteristics

Total population by age groups 915
0 to 4 years 45
5 to 9 years 50
10 to 14 years 65
15 to 19 years 75
15 years 10
16 years 15
17 years 10
18 years 15
19 years 15
20 to 24 years 50
25 to 29 years 35
30 to 34 years 45
35 to 39 years 60
40 to 44 years 55
45 to 49 years 80
50 to 54 years 75
55 to 59 years 70
60 to 64 years 70
65 to 69 years 55
70 to 74 years 30
75 to 79 years 35
80 to 84 years 15
85 years and over 5
Median age of the population 42.3
% of the population aged 15 and over 82.3

Marital Status

Total population 15 years and over by marital status 755
Married or living with a common-law partner 465
Married (and not separated) 415
Living common-law 50
Not married and not living with a common-law partner 285
Single (never legally married) 200
Separated 20
Divorced 30
Widowed 35

Family Characteristics

Total number of census families in private households 275
Size of census family: 2 persons 150
Size of census family: 3 persons 45
Size of census family: 4 persons 45
Size of census family: 5 or more persons 30
Total number of census families in private households 275
Total couple families by family structure and number of children 230
Married couples 205
Without children at home 105
With children at home 100
1 child 35
2 children 40
3 or more children 25
Common-law couples 25
Without children at home 10
With children at home 15
1 child 10
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 40
Female parent 25
1 child 25
2 children 0
3 or more children 5
Male parent 20
1 child 15
2 children 0
3 or more children 0
Total children in census families in private households 290
Under six years of age 55
6 to 14 years 105
15 to 17 years 35
18 to 24 years 60
25 years and over 30
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 915
Number of persons not in census families 120
Living with relatives 20
Living with non-relatives only 30
Living alone 75
Number of census family persons 795
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 135
Number of persons not in census families aged 65 years and over 40
Living with relatives 5
Living with non-relatives only 5
Living alone 30
Number of census family persons aged 65 years and over 95
Total number of private households by household type 360
Census-family households 270
One-family-only households 255
Couple-family households 225
Without children 105
With children 115
Lone-parent-family households 35
Other family households 15
One-family households with persons not in a census family 15
Couple-family households 5
Without children 0
With children 5
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 90
One-person households 80
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 360
Single-detached house 320
Apartment, building that has five or more storeys 0
Movable dwelling 40
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 360
1 person 75
2 persons 145
3 persons 50
4 persons 50
5 persons 30
6 or more persons 10
Number of persons in private households 915
Average number of persons in private households 2.5

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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