Trending

Market saturation is when the supply of products or services outweighs the demand. Understand what market saturation means for your investment properties.

Ads Google

Launching Place, PE

Updated: Aug 2016
House
Median price $213,800
Monthly growth
Quarterly trend
Stock on market 0.74%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Launching Place Home Price

Want a cheaply priced house? Then at $213,800 this month, Launching Place, Prince Edward Island is probably not for you price wise.

Across Prince Edward Island Launching Place has the 140th most properties on offer with 218.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Launching Place 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.

In Launching Place, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

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

If you are looking at investment properties in Launching Place, 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.

Demographics
  • Population in 2011378
  • Population in 2006397
  • 2006 to 2011 population change (%)-4.8
  • Total private dwellings271
  • Private dwellings occupied by usual residents152
  • Population density per square kilometre4.4
  • Land area (square km)86.89

Age Characteristics

Total population by age groups 380
0 to 4 years 15
5 to 9 years 10
10 to 14 years 20
15 to 19 years 25
15 years 5
16 years 5
17 years 10
18 years 5
19 years 5
20 to 24 years 30
25 to 29 years 10
30 to 34 years 15
35 to 39 years 25
40 to 44 years 30
45 to 49 years 40
50 to 54 years 30
55 to 59 years 30
60 to 64 years 40
65 to 69 years 10
70 to 74 years 15
75 to 79 years 10
80 to 84 years 5
85 years and over 5
Median age of the population 46.6
% of the population aged 15 and over 88.1

Marital Status

Total population 15 years and over by marital status 335
Married or living with a common-law partner 215
Married (and not separated) 175
Living common-law 35
Not married and not living with a common-law partner 115
Single (never legally married) 80
Separated 5
Divorced 15
Widowed 15

Family Characteristics

Total number of census families in private households 125
Size of census family: 2 persons 75
Size of census family: 3 persons 20
Size of census family: 4 persons 20
Size of census family: 5 or more persons 5
Total number of census families in private households 120
Total couple families by family structure and number of children 110
Married couples 90
Without children at home 50
With children at home 40
1 child 15
2 children 15
3 or more children 5
Common-law couples 20
Without children at home 10
With children at home 5
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 15
Female parent 10
1 child 5
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 105
Under six years of age 10
6 to 14 years 30
15 to 17 years 20
18 to 24 years 25
25 years and over 15
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 375
Number of persons not in census families 45
Living with relatives 5
Living with non-relatives only 0
Living alone 35
Number of census family persons 335
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 50
Number of persons not in census families aged 65 years and over 15
Living with relatives 5
Living with non-relatives only 0
Living alone 10
Number of census family persons aged 65 years and over 40
Total number of private households by household type 155
Census-family households 120
One-family-only households 110
Couple-family households 95
Without children 55
With children 35
Lone-parent-family households 15
Other family households 10
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 0
Two-or-more-family households 5
Non-census-family households 30
One-person households 30
Two-or-more-person households 0
Total number of occupied private dwellings by structural type of dwelling 155
Single-detached house 140
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 150
1 person 30
2 persons 65
3 persons 20
4 persons 25
5 persons 5
6 or more persons 0
Number of persons in private households 375
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.

Useful Links

Advertisement

Website Managed By

© 2021 Canadian Estate Wealth. All Rights Reserved by Merged Media