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Mill River East, PE

Updated: Aug 2016
House
Median price $251,394
Monthly growth
Quarterly trend
Stock on market 0.46%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Mill River East Home Price

Across the country as a whole, Mill River East is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $251,394 price tag on the median Mill River East home means that it is above the cost of most houses in the country.

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

In Mill River East, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Mill River East will hopefully provide an indicator to help you where to research in-depth

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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $209,700
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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