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Elmsdale, PE

Updated: Aug 2016
House
Median price $99,900
Monthly growth 12.62 %
Quarterly trend
Stock on market 0.61%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Elmsdale Home Price

While the median for Prince Edward Island is $179,600 , which means that Elmsdale’s median price is $99,900 a lot lower than the rest of the province.

Prince Edward Island has the fourth least amount of properties available to property investors, with Elmsdale having 87th most in the province, out of a total of 218.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Elmsdale needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

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 Elmsdale, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 3, this month we show 3.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

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

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

Find a mortgage broker in Elmsdale, PE
Beds Median price (House) Median price (Apartment)
3 bedrooms $77,500
Demographics
  • Population in 20111100
  • Population in 20061175
  • 2006 to 2011 population change (%)-6.4
  • Total private dwellings488
  • Private dwellings occupied by usual residents419
  • Population density per square kilometre10.7
  • Land area (square km)102.83

Age Characteristics

Total population by age groups 1100
0 to 4 years 50
5 to 9 years 65
10 to 14 years 80
15 to 19 years 80
15 years 20
16 years 25
17 years 20
18 years 15
19 years 10
20 to 24 years 60
25 to 29 years 55
30 to 34 years 55
35 to 39 years 60
40 to 44 years 75
45 to 49 years 100
50 to 54 years 90
55 to 59 years 75
60 to 64 years 70
65 to 69 years 60
70 to 74 years 45
75 to 79 years 45
80 to 84 years 20
85 years and over 15
Median age of the population 42.7
% of the population aged 15 and over 82.5

Marital Status

Total population 15 years and over by marital status 905
Married or living with a common-law partner 615
Married (and not separated) 565
Living common-law 50
Not married and not living with a common-law partner 295
Single (never legally married) 190
Separated 20
Divorced 35
Widowed 50

Family Characteristics

Total number of census families in private households 355
Size of census family: 2 persons 185
Size of census family: 3 persons 75
Size of census family: 4 persons 65
Size of census family: 5 or more persons 30
Total number of census families in private households 355
Total couple families by family structure and number of children 305
Married couples 280
Without children at home 135
With children at home 140
1 child 55
2 children 55
3 or more children 30
Common-law couples 25
Without children at home 15
With children at home 15
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 45
Female parent 40
1 child 30
2 children 10
3 or more children 0
Male parent 10
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 350
Under six years of age 65
6 to 14 years 125
15 to 17 years 55
18 to 24 years 65
25 years and over 40
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 1100
Number of persons not in census families 90
Living with relatives 15
Living with non-relatives only 10
Living alone 65
Number of census family persons 1010
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 185
Number of persons not in census families aged 65 years and over 35
Living with relatives 5
Living with non-relatives only 0
Living alone 30
Number of census family persons aged 65 years and over 150
Total number of private households by household type 420
Census-family households 345
One-family-only households 335
Couple-family households 295
Without children 145
With children 150
Lone-parent-family households 40
Other family households 15
One-family households with persons not in a census family 10
Couple-family households 5
Without children 5
With children 0
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 70
One-person households 65
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 420
Single-detached house 410
Apartment, building that has five or more storeys 0
Movable dwelling 10
Other dwelling 0
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 415
1 person 65
2 persons 175
3 persons 75
4 persons 65
5 persons 25
6 or more persons 10
Number of persons in private households 1095
Average number of persons in private households 2.6

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