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Nine Mile Creek, PE

Updated: Aug 2016
House
Median price $158,950
Monthly growth 55.22 %
Quarterly trend
Stock on market 0.35%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Nine Mile Creek Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Nine Mile Creek is number 3746 putting it in the bottom half of the country .

With Nine Mile Creek’s median house price at $158,950 in Aug , it is below average compared to the rest of Prince Edward Island.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Nine Mile Creek has more than the average number to choose from compared to the rest of the province

When we look at the data we have, it can help with trying to establish whether or not Nine Mile Creek 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 Nine Mile Creek there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Nine Mile Creek 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)
4 bedrooms $164,900
Demographics
  • Total private dwellings1153
  • Private dwellings occupied by usual residents834
  • Population density per square kilometre25.9
  • Land area (square km)84.8
  • Population in 20112200
  • Population in 20062051
  • 2006 to 2011 population change (%)7.3

Age Characteristics

Total population by age groups 2200
0 to 4 years 125
5 to 9 years 135
10 to 14 years 150
15 to 19 years 145
15 years 35
16 years 30
17 years 30
18 years 25
19 years 25
20 to 24 years 110
25 to 29 years 105
30 to 34 years 135
35 to 39 years 140
40 to 44 years 135
45 to 49 years 155
50 to 54 years 200
55 to 59 years 200
60 to 64 years 180
65 to 69 years 85
70 to 74 years 80
75 to 79 years 65
80 to 84 years 35
85 years and over 15
Median age of the population 41.8
% of the population aged 15 and over 81.3

Marital Status

Total population 15 years and over by marital status 1790
Married or living with a common-law partner 1230
Married (and not separated) 1090
Living common-law 140
Not married and not living with a common-law partner 560
Single (never legally married) 360
Separated 40
Divorced 85
Widowed 75

Family Characteristics

Total number of census families in private households 680
Size of census family: 2 persons 340
Size of census family: 3 persons 145
Size of census family: 4 persons 125
Size of census family: 5 or more persons 65
Total number of census families in private households 685
Total couple families by family structure and number of children 605
Married couples 535
Without children at home 260
With children at home 275
1 child 115
2 children 110
3 or more children 55
Common-law couples 65
Without children at home 40
With children at home 30
1 child 20
2 children 5
3 or more children 5
Total lone-parent families by sex of parent and number of children 75
Female parent 65
1 child 40
2 children 15
3 or more children 10
Male parent 15
1 child 5
2 children 0
3 or more children 5
Total children in census families in private households 690
Under six years of age 145
6 to 14 years 265
15 to 17 years 90
18 to 24 years 130
25 years and over 55
Average number of children at home per census family 1

Household And Dwelling Characteristics

Total number of persons in private households 2185
Number of persons not in census families 210
Living with relatives 40
Living with non-relatives only 25
Living alone 150
Number of census family persons 1975
Average number of persons per census family 2.9
Total number of persons 65 years and over in private households 280
Number of persons not in census families aged 65 years and over 65
Living with relatives 15
Living with non-relatives only 0
Living alone 45
Number of census family persons aged 65 years and over 215
Total number of private households by household type 830
Census-family households 670
One-family-only households 625
Couple-family households 570
Without children 280
With children 285
Lone-parent-family households 60
Other family households 40
One-family households with persons not in a census family 30
Couple-family households 20
Without children 5
With children 15
Lone-parent-family households 10
Two-or-more-family households 15
Non-census-family households 165
One-person households 155
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 835
Single-detached house 795
Apartment, building that has five or more storeys 0
Movable dwelling 40
Other dwelling 5
Semi-detached house 5
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 835
1 person 155
2 persons 325
3 persons 145
4 persons 130
5 persons 65
6 or more persons 15
Number of persons in private households 2190
Average number of persons in private households 2.6

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