Primrose, PE

Updated: Nov 2015
House
Median price $74,500
Monthly growth -25.49 %
Quarterly trend
Stock on market 0.97%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Primrose Home Price

While the median for Prince Edward Island is $177,700 , which means that Primrose’s median price is $74,499 a lot lower than the rest of the province.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.

From our data, it appears that neighbourhood is number 3849th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

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

Over the last three months in Primrose, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Primrose there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 2011415
  • Population in 2006435
  • 2006 to 2011 population change (%)-4.6
  • Total private dwellings207
  • Private dwellings occupied by usual residents150
  • Population density per square kilometre5.3
  • Land area (square km)78.15