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Point Prim, PE

Updated: Aug 2016
House
Median price $274,900
Monthly growth
Quarterly trend
Stock on market 0.68%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Point Prim Home Price

The median asking price in Point Prim is $274,900, an improvement on the median three months ago which was $274,900 .

When our research team crunched the numbers we calculated that Point Prim has a median home price of $274,900.

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

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Point Prim has a pretty average amount compared to the rest of the province

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Point Prim, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 5, this month we show 3.

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

If you are looking at investment properties in Point Prim, 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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $459,000
Demographics
  • Population in 2011987
  • Population in 2006999
  • 2006 to 2011 population change (%)-1.2
  • Total private dwellings439
  • Private dwellings occupied by usual residents361
  • Population density per square kilometre10.2
  • Land area (square km)96.44

Age Characteristics

Total population by age groups 985
0 to 4 years 45
5 to 9 years 45
10 to 14 years 45
15 to 19 years 75
15 years 20
16 years 10
17 years 15
18 years 20
19 years 10
20 to 24 years 55
25 to 29 years 40
30 to 34 years 25
35 to 39 years 50
40 to 44 years 50
45 to 49 years 80
50 to 54 years 90
55 to 59 years 70
60 to 64 years 70
65 to 69 years 55
70 to 74 years 45
75 to 79 years 45
80 to 84 years 30
85 years and over 55
Median age of the population 48.5
% of the population aged 15 and over 86.4

Marital Status

Total population 15 years and over by marital status 850
Married or living with a common-law partner 495
Married (and not separated) 445
Living common-law 50
Not married and not living with a common-law partner 355
Single (never legally married) 205
Separated 10
Divorced 50
Widowed 90

Family Characteristics

Total number of census families in private households 260
Size of census family: 2 persons 135
Size of census family: 3 persons 50
Size of census family: 4 persons 40
Size of census family: 5 or more persons 35
Total number of census families in private households 260
Total couple families by family structure and number of children 235
Married couples 210
Without children at home 100
With children at home 110
1 child 40
2 children 35
3 or more children 30
Common-law couples 20
Without children at home 15
With children at home 10
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 25
Female parent 20
1 child 15
2 children 5
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 275
Under six years of age 50
6 to 14 years 85
15 to 17 years 40
18 to 24 years 65
25 years and over 25
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 910
Number of persons not in census families 145
Living with relatives 30
Living with non-relatives only 25
Living alone 85
Number of census family persons 765
Average number of persons per census family 3
Total number of persons 65 years and over in private households 160
Number of persons not in census families aged 65 years and over 60
Living with relatives 15
Living with non-relatives only 0
Living alone 40
Number of census family persons aged 65 years and over 105
Total number of private households by household type 360
Census-family households 255
One-family-only households 240
Couple-family households 220
Without children 110
With children 115
Lone-parent-family households 15
Other family households 15
One-family households with persons not in a census family 15
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 105
One-person households 90
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 360
Single-detached house 295
Apartment, building that has five or more storeys 0
Movable dwelling 45
Other dwelling 25
Semi-detached house 5
Row house 5
Apartment, duplex 0
Apartment, building that has fewer than five storeys 10
Other single-attached house 0
Total number of private households by household size 360
1 person 90
2 persons 140
3 persons 50
4 persons 40
5 persons 25
6 or more persons 10
Number of persons in private households 910
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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