Real Estate Market Report for
Alberton, PE

Updated : Aug 2016
House
  • Median price $92,500
  • Monthly growth 6.07 %
  • Quarterly trend
  • Stock on market 2.22%
Apartment
  • Median price $110,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.61%
Alberton Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Alberton is number 4794 putting it behind most of Canada .

While the median for Prince Edward Island is $179,600 , which means that Alberton’s median price is $92,500 a lot lower than the rest of the province.

Investors looking for properties in Alberton are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

From our data, it appears that neighbourhood is number 1893th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.

When we look at the data we have, it can help with trying to establish whether or not Alberton is a good investment target.

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 Alberton, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 12, this month we show 11.

Across the country as a whole, Alberton is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Alberton has a median home price of $110,000.

According to our stats, Alberton is the neighbourhood that has the 4th most properties available to real estate investors in Prince Edward Island.

Can we guarantee how well Alberton is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Alberton there is more stock than three months ago. This would indicate pressure on prices easing.

Beds Median price (House) Median price (Apartment)
2 bedrooms $84,900
3 bedrooms $86,200
4 bedrooms $124,450
Demographics
  • Population in 20111135
  • Population in 20061081
  • 2006 to 2011 population change (%)5
  • Total private dwellings495
  • Private dwellings occupied by usual residents465
  • Population density per square kilometre252.1
  • Land area (square km)4.5
  • Age Characteristics
    Total population by age groups 1135
    0 to 4 years 65
    5 to 9 years 55
    10 to 14 years 65
    15 to 19 years 65
    15 years 10
    16 years 10
    17 years 15
    18 years 25
    19 years 10
    20 to 24 years 65
    25 to 29 years 45
    30 to 34 years 50
    35 to 39 years 65
    40 to 44 years 70
    45 to 49 years 60
    50 to 54 years 75
    55 to 59 years 60
    60 to 64 years 95
    65 to 69 years 80
    70 to 74 years 80
    75 to 79 years 45
    80 to 84 years 35
    85 years and over 50
    Median age of the population 46.9
    % of the population aged 15 and over 84.2
  • Marital Status
    Total population 15 years and over by marital status 960
    Married or living with a common-law partner 505
    Married (and not separated) 450
    Living common-law 60
    Not married and not living with a common-law partner 450
    Single (never legally married) 225
    Separated 45
    Divorced 60
    Widowed 125
    Family Characteristics
    Total number of census families in private households 315
    Size of census family: 2 persons 170
    Size of census family: 3 persons 75
    Size of census family: 4 persons 50
    Size of census family: 5 or more persons 20
    Total number of census families in private households 315
    Total couple families by family structure and number of children 245
    Married couples 215
    Without children at home 110
    With children at home 100
    1 child 50
    2 children 35
    3 or more children 15
    Common-law couples 25
    Without children at home 15
    With children at home 20
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 70
    Female parent 60
    1 child 35
    2 children 10
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 5
    3 or more children 5
    Total children in census families in private households 310
    Under six years of age 70
    6 to 14 years 105
    15 to 17 years 35
    18 to 24 years 65
    25 years and over 30
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1040
    Number of persons not in census families 180
    Living with relatives 15
    Living with non-relatives only 15
    Living alone 145
    Number of census family persons 865
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 225
    Number of persons not in census families aged 65 years and over 85
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 70
    Number of census family persons aged 65 years and over 145
    Total number of private households by household type 465
    Census-family households 310
    One-family-only households 295
    Couple-family households 235
    Without children 125
    With children 115
    Lone-parent-family households 60
    Other family households 15
    One-family households with persons not in a census family 15
    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 155
    One-person households 145
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 465
    Single-detached house 275
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 190
    Semi-detached house 30
    Row house 90
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 60
    Other single-attached house 0
    Total number of private households by household size 465
    1 person 145
    2 persons 170
    3 persons 75
    4 persons 55
    5 persons 20
    6 or more persons 5
    Number of persons in private households 1045
    Average number of persons in private households 2.2
Census 2011

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