Grand River, PE

Updated: Aug 2016
House
Median price $244,900
Monthly growth 78.17 %
Quarterly trend
Stock on market 2.72%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Grand River Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Grand River is number 2155 putting it in the top half of the country .

When our research team crunched the numbers we calculated that Grand River has a median home price of $244,900.

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

Across Prince Edward Island Grand River has the 27th most properties on offer with 218.

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

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.

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.

When we look at the data we have, it can help with trying to establish whether or not Grand River is a good investment target.

Over the last three months in Grand River, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $167,400
Demographics
  • Population in 2011763
  • Population in 2006760
  • 2006 to 2011 population change (%)0.4
  • Total private dwellings331
  • Private dwellings occupied by usual residents281
  • Population density per square kilometre8.7
  • Land area (square km)87.97