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Fortune Cove, PE

Updated: Aug 2016
House
Median price $189,900
Monthly growth
Quarterly trend
Stock on market 0.35%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Fortune Cove Home Price

Across the country as a whole, Fortune Cove is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Fortune Cove has a median home price of $189,900.

There are 218 neighbourhoods that have more properties on sale than Fortune Cove at the moment in Prince Edward Island which puts the neighbourhood middle range when looking at the number of properties to choose from.

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.

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 Fortune Cove, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 6, this month we show 3.

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

If you are looking at investment properties in Fortune Cove, 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)
4 bedrooms $339,450
Demographics
  • Population in 20111337
  • Population in 20061253
  • 2006 to 2011 population change (%)6.7
  • Total private dwellings869
  • Private dwellings occupied by usual residents499
  • Population density per square kilometre16.6
  • Land area (square km)80.61

Age Characteristics

Total population by age groups 1335
0 to 4 years 60
5 to 9 years 80
10 to 14 years 95
15 to 19 years 100
15 years 25
16 years 25
17 years 15
18 years 20
19 years 20
20 to 24 years 75
25 to 29 years 55
30 to 34 years 75
35 to 39 years 100
40 to 44 years 90
45 to 49 years 90
50 to 54 years 110
55 to 59 years 105
60 to 64 years 130
65 to 69 years 80
70 to 74 years 40
75 to 79 years 30
80 to 84 years 10
85 years and over 10
Median age of the population 42.6
% of the population aged 15 and over 82.5

Marital Status

Total population 15 years and over by marital status 1105
Married or living with a common-law partner 765
Married (and not separated) 695
Living common-law 65
Not married and not living with a common-law partner 340
Single (never legally married) 235
Separated 30
Divorced 30
Widowed 45

Family Characteristics

Total number of census families in private households 420
Size of census family: 2 persons 220
Size of census family: 3 persons 75
Size of census family: 4 persons 80
Size of census family: 5 or more persons 45
Total number of census families in private households 420
Total couple families by family structure and number of children 375
Married couples 345
Without children at home 170
With children at home 170
1 child 55
2 children 75
3 or more children 40
Common-law couples 30
Without children at home 20
With children at home 15
1 child 10
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 40
Female parent 35
1 child 20
2 children 10
3 or more children 5
Male parent 5
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 425
Under six years of age 75
6 to 14 years 160
15 to 17 years 60
18 to 24 years 90
25 years and over 45
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 1335
Number of persons not in census families 110
Living with relatives 20
Living with non-relatives only 15
Living alone 75
Number of census family persons 1225
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 175
Number of persons not in census families aged 65 years and over 40
Living with relatives 10
Living with non-relatives only 0
Living alone 30
Number of census family persons aged 65 years and over 135
Total number of private households by household type 500
Census-family households 415
One-family-only households 390
Couple-family households 355
Without children 185
With children 175
Lone-parent-family households 35
Other family households 20
One-family households with persons not in a census family 10
Couple-family households 10
Without children 5
With children 10
Lone-parent-family households 0
Two-or-more-family households 5
Non-census-family households 85
One-person households 75
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 495
Single-detached house 475
Apartment, building that has five or more storeys 0
Movable dwelling 25
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 500
1 person 80
2 persons 210
3 persons 70
4 persons 85
5 persons 40
6 or more persons 10
Number of persons in private households 1335
Average number of persons in private households 2.7

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