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French River, PE

Updated: Aug 2016
House
Median price $205,000
Monthly growth 215.87 %
Quarterly trend
Stock on market 0.76%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

French River Home Price

When looking across the province, French River is the 90th most expensive in Prince Edward Island.

The $205,000 price tag on the median French River home means that it is about average price.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

This month we track 52th neighbourhoods in Prince Edward Island, and French River has the 52th most choice available for real estate investors.

It’s never an exact art, but to try to forecast how property is going to appreciate in French River for investors, it’s important to look at data like:

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 French River, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 3, this month we show 5.

Can we guarantee how well French River is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $154,950
Demographics
  • Population in 2011855
  • Population in 2006920
  • 2006 to 2011 population change (%)-7.1
  • Total private dwellings659
  • Private dwellings occupied by usual residents336
  • Population density per square kilometre11.1
  • Land area (square km)76.77

Age Characteristics

Total population by age groups 855
0 to 4 years 45
5 to 9 years 30
10 to 14 years 40
15 to 19 years 55
15 years 15
16 years 5
17 years 10
18 years 15
19 years 10
20 to 24 years 45
25 to 29 years 25
30 to 34 years 35
35 to 39 years 45
40 to 44 years 45
45 to 49 years 80
50 to 54 years 80
55 to 59 years 80
60 to 64 years 70
65 to 69 years 65
70 to 74 years 45
75 to 79 years 30
80 to 84 years 20
85 years and over 15
Median age of the population 48.6
% of the population aged 15 and over 86.4

Marital Status

Total population 15 years and over by marital status 735
Married or living with a common-law partner 520
Married (and not separated) 475
Living common-law 50
Not married and not living with a common-law partner 215
Single (never legally married) 155
Separated 5
Divorced 25
Widowed 30

Family Characteristics

Total number of census families in private households 280
Size of census family: 2 persons 155
Size of census family: 3 persons 60
Size of census family: 4 persons 40
Size of census family: 5 or more persons 25
Total number of census families in private households 280
Total couple families by family structure and number of children 260
Married couples 235
Without children at home 125
With children at home 110
1 child 50
2 children 35
3 or more children 25
Common-law couples 25
Without children at home 15
With children at home 10
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 20
Female parent 15
1 child 10
2 children 0
3 or more children 0
Male parent 10
1 child 5
2 children 0
3 or more children 0
Total children in census families in private households 235
Under six years of age 50
6 to 14 years 65
15 to 17 years 30
18 to 24 years 65
25 years and over 30
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 855
Number of persons not in census families 80
Living with relatives 10
Living with non-relatives only 15
Living alone 55
Number of census family persons 775
Average number of persons per census family 2.8
Total number of persons 65 years and over in private households 175
Number of persons not in census families aged 65 years and over 30
Living with relatives 5
Living with non-relatives only 5
Living alone 25
Number of census family persons aged 65 years and over 145
Total number of private households by household type 335
Census-family households 275
One-family-only households 260
Couple-family households 245
Without children 130
With children 110
Lone-parent-family households 15
Other family households 15
One-family households with persons not in a census family 5
Couple-family households 5
Without children 0
With children 0
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 60
One-person households 55
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 335
Single-detached house 325
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 335
1 person 55
2 persons 155
3 persons 65
4 persons 40
5 persons 20
6 or more persons 5
Number of persons in private households 855
Average number of persons in private households 2.5

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