Real Estate Market Report for
Cavendish, PE

Updated : Aug 2016
House
  • Median price $169,900
  • Monthly growth
  • Quarterly trend
  • Stock on market 1.63%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Cavendish Home Price

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In Aug the median listed house price of $169,900 in Cavendish was a below average compared to the rest of Prince Edward Island.

Cavendish’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 3 bedrooms.

From our data, it appears that neighbourhood is number 2904th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 50.

Prince Edward Island has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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.

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

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, Cavendish 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 Cavendish, 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 $229,900
Demographics
  • Population in 2011266
  • Population in 2006272
  • 2006 to 2011 population change (%)-2.2
  • Total private dwellings306
  • Private dwellings occupied by usual residents95
  • Population density per square kilometre7
  • Land area (square km)37.74
  • Age Characteristics
    Total population by age groups 270
    0 to 4 years 10
    5 to 9 years 15
    10 to 14 years 15
    15 to 19 years 15
    15 years 0
    16 years 5
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 10
    25 to 29 years 0
    30 to 34 years 10
    35 to 39 years 10
    40 to 44 years 15
    45 to 49 years 35
    50 to 54 years 25
    55 to 59 years 20
    60 to 64 years 20
    65 to 69 years 20
    70 to 74 years 15
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 5
    Median age of the population 49.3
    % of the population aged 15 and over 82.7
  • Marital Status
    Total population 15 years and over by marital status 225
    Married or living with a common-law partner 150
    Married (and not separated) 135
    Living common-law 10
    Not married and not living with a common-law partner 70
    Single (never legally married) 45
    Separated 10
    Divorced 10
    Widowed 10
    Family Characteristics
    Total number of census families in private households 70
    Size of census family: 2 persons 35
    Size of census family: 3 persons 10
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 10
    Total number of census families in private households 75
    Total couple families by family structure and number of children 65
    Married couples 60
    Without children at home 30
    With children at home 30
    1 child 10
    2 children 20
    3 or more children 5
    Common-law couples 5
    Without children at home 5
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 5
    Female parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 75
    Under six years of age 10
    6 to 14 years 30
    15 to 17 years 5
    18 to 24 years 20
    25 years and over 5
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 240
    Number of persons not in census families 30
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 25
    Number of census family persons 210
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 55
    Number of persons not in census families aged 65 years and over 20
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 40
    Total number of private households by household type 95
    Census-family households 75
    One-family-only households 70
    Couple-family households 65
    Without children 30
    With children 35
    Lone-parent-family households 5
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 25
    One-person households 20
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 95
    Single-detached house 95
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 0
    Semi-detached house 0
    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 95
    1 person 25
    2 persons 35
    3 persons 15
    4 persons 15
    5 persons 5
    6 or more persons 0
    Number of persons in private households 240
    Average number of persons in private households 2.5
Census 2011

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