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Head of Cardigan, PE

Updated: Jun 2016
House
Median price $216,950
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.53%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Head of Cardigan Home Price

Canada’s national median home listing price this month is $310,000, which means that Head of Cardigan is close to average for Canada.

The $216,950 price tag on the median Head of Cardigan home means that it is about average price.

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 Head of Cardigan has the 113th most properties on offer with 188.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Head of Cardigan 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 $216,950
Demographics
  • Population in 2011798
  • Population in 2006823
  • 2006 to 2011 population change (%)-3
  • Total private dwellings375
  • Private dwellings occupied by usual residents322
  • Population density per square kilometre9.7
  • Land area (square km)82.22

Age Characteristics

Total population by age groups 800
0 to 4 years 35
5 to 9 years 30
10 to 14 years 40
15 to 19 years 60
15 years 10
16 years 15
17 years 10
18 years 15
19 years 15
20 to 24 years 70
25 to 29 years 50
30 to 34 years 35
35 to 39 years 25
40 to 44 years 45
45 to 49 years 75
50 to 54 years 70
55 to 59 years 65
60 to 64 years 65
65 to 69 years 35
70 to 74 years 35
75 to 79 years 25
80 to 84 years 25
85 years and over 20
Median age of the population 46.1
% of the population aged 15 and over 87.2

Marital Status

Total population 15 years and over by marital status 695
Married or living with a common-law partner 380
Married (and not separated) 340
Living common-law 45
Not married and not living with a common-law partner 315
Single (never legally married) 210
Separated 20
Divorced 35
Widowed 50

Family Characteristics

Total number of census families in private households 235
Size of census family: 2 persons 125
Size of census family: 3 persons 45
Size of census family: 4 persons 50
Size of census family: 5 or more persons 20
Total number of census families in private households 235
Total couple families by family structure and number of children 190
Married couples 170
Without children at home 85
With children at home 80
1 child 30
2 children 40
3 or more children 15
Common-law couples 20
Without children at home 10
With children at home 10
1 child 5
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 50
Female parent 35
1 child 20
2 children 5
3 or more children 10
Male parent 10
1 child 5
2 children 0
3 or more children 5
Total children in census families in private households 260
Under six years of age 40
6 to 14 years 60
15 to 17 years 35
18 to 24 years 80
25 years and over 45
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 795
Number of persons not in census families 110
Living with relatives 10
Living with non-relatives only 15
Living alone 80
Number of census family persons 690
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 55
Living with relatives 5
Living with non-relatives only 0
Living alone 40
Number of census family persons aged 65 years and over 80
Total number of private households by household type 325
Census-family households 235
One-family-only households 215
Couple-family households 175
Without children 95
With children 85
Lone-parent-family households 40
Other family households 20
One-family households with persons not in a census family 15
Couple-family households 5
Without children 5
With children 0
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 90
One-person households 85
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 325
Single-detached house 265
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 45
Semi-detached house 0
Row house 0
Apartment, duplex 5
Apartment, building that has fewer than five storeys 40
Other single-attached house 0
Total number of private households by household size 325
1 person 85
2 persons 115
3 persons 45
4 persons 50
5 persons 15
6 or more persons 10
Number of persons in private households 795
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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