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Souris West, PE

Updated: Aug 2016
House
Median price $199,000
Monthly growth
Quarterly trend
Stock on market 0.42%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Souris West Home Price

The median asking price in Souris West is $199,000, pretty close to the median three months ago which was $169,000 .

The median house price listed in Souris West this month is $199,000.

There are 218 neighbourhoods that have more properties on sale than Souris West at the moment in Prince Edward Island which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

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

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 Souris West, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.

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

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $199,000
Demographics
  • Population in 2011806
  • Population in 2006868
  • 2006 to 2011 population change (%)-7.1
  • Total private dwellings475
  • Private dwellings occupied by usual residents305
  • Population density per square kilometre10.4
  • Land area (square km)77.15

Age Characteristics

Total population by age groups 805
0 to 4 years 40
5 to 9 years 40
10 to 14 years 55
15 to 19 years 70
15 years 15
16 years 15
17 years 15
18 years 10
19 years 15
20 to 24 years 45
25 to 29 years 50
30 to 34 years 30
35 to 39 years 35
40 to 44 years 50
45 to 49 years 75
50 to 54 years 70
55 to 59 years 70
60 to 64 years 55
65 to 69 years 60
70 to 74 years 25
75 to 79 years 15
80 to 84 years 10
85 years and over 10
Median age of the population 43.8
% of the population aged 15 and over 84.3

Marital Status

Total population 15 years and over by marital status 675
Married or living with a common-law partner 425
Married (and not separated) 385
Living common-law 40
Not married and not living with a common-law partner 250
Single (never legally married) 175
Separated 15
Divorced 20
Widowed 40

Family Characteristics

Total number of census families in private households 240
Size of census family: 2 persons 105
Size of census family: 3 persons 55
Size of census family: 4 persons 40
Size of census family: 5 or more persons 25
Total number of census families in private households 235
Total couple families by family structure and number of children 210
Married couples 190
Without children at home 80
With children at home 110
1 child 45
2 children 35
3 or more children 25
Common-law couples 20
Without children at home 10
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 5
Male parent 5
1 child 0
2 children 5
3 or more children 0
Total children in census families in private households 265
Under six years of age 45
6 to 14 years 85
15 to 17 years 40
18 to 24 years 60
25 years and over 35
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 795
Number of persons not in census families 85
Living with relatives 5
Living with non-relatives only 5
Living alone 65
Number of census family persons 715
Average number of persons per census family 3
Total number of persons 65 years and over in private households 120
Number of persons not in census families aged 65 years and over 40
Living with relatives 0
Living with non-relatives only 0
Living alone 35
Number of census family persons aged 65 years and over 80
Total number of private households by household type 305
Census-family households 230
One-family-only households 220
Couple-family households 195
Without children 90
With children 110
Lone-parent-family households 25
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 5
Two-or-more-family households 5
Non-census-family households 75
One-person households 70
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 305
Single-detached house 275
Apartment, building that has five or more storeys 0
Movable dwelling 15
Other dwelling 15
Semi-detached house 0
Row house 5
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 5
Total number of private households by household size 305
1 person 65
2 persons 110
3 persons 55
4 persons 45
5 persons 20
6 or more persons 15
Number of persons in private households 795
Average number of persons in private households 2.6

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