Real Estate Market Report for
Cranberry Portage, MB

Updated : Oct 2015
House
  • Median price $300,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.20%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Cranberry Portage Home Price

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Last month, Cranberry Portage was Canada’s 1322th priciest – this month at number 1322 it’s gained 41 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the improvement continues.

In Oct the median listed house price of $300,000 in Cranberry Portage was an impressive compared to the rest of Manitoba.

Cranberry Portage’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 3922th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 40.

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

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

It’s never an exact art, but to try to forecast how property is going to appreciate in Cranberry Portage for investors, it’s important to look at data like:

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $300,000
Demographics
  • Population in 20112272
  • Population in 20062453
  • 2006 to 2011 population change (%)-7.4
  • Total private dwellings981
  • Private dwellings occupied by usual residents851
  • Population density per square kilometre2.6
  • Land area (square km)867.64
  • Age Characteristics
    Total population by age groups 2270
    0 to 4 years 145
    5 to 9 years 155
    10 to 14 years 185
    15 to 19 years 200
    15 years 40
    16 years 45
    17 years 45
    18 years 35
    19 years 30
    20 to 24 years 90
    25 to 29 years 90
    30 to 34 years 115
    35 to 39 years 140
    40 to 44 years 140
    45 to 49 years 185
    50 to 54 years 215
    55 to 59 years 195
    60 to 64 years 165
    65 to 69 years 130
    70 to 74 years 75
    75 to 79 years 35
    80 to 84 years 15
    85 years and over 5
    Median age of the population 40.5
    % of the population aged 15 and over 78.7
  • Marital Status
    Total population 15 years and over by marital status 1785
    Married or living with a common-law partner 1160
    Married (and not separated) 965
    Living common-law 200
    Not married and not living with a common-law partner 625
    Single (never legally married) 460
    Separated 35
    Divorced 60
    Widowed 70
    Family Characteristics
    Total number of census families in private households 680
    Size of census family: 2 persons 335
    Size of census family: 3 persons 145
    Size of census family: 4 persons 130
    Size of census family: 5 or more persons 75
    Total number of census families in private households 675
    Total couple families by family structure and number of children 575
    Married couples 475
    Without children at home 245
    With children at home 230
    1 child 85
    2 children 100
    3 or more children 50
    Common-law couples 100
    Without children at home 40
    With children at home 60
    1 child 30
    2 children 10
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 105
    Female parent 80
    1 child 35
    2 children 25
    3 or more children 20
    Male parent 25
    1 child 15
    2 children 10
    3 or more children 5
    Total children in census families in private households 750
    Under six years of age 165
    6 to 14 years 290
    15 to 17 years 120
    18 to 24 years 120
    25 years and over 50
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 2265
    Number of persons not in census families 270
    Living with relatives 60
    Living with non-relatives only 25
    Living alone 180
    Number of census family persons 2000
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 255
    Number of persons not in census families aged 65 years and over 70
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 65
    Number of census family persons aged 65 years and over 185
    Total number of private households by household type 850
    Census-family households 660
    One-family-only households 600
    Couple-family households 525
    Without children 260
    With children 265
    Lone-parent-family households 75
    Other family households 55
    One-family households with persons not in a census family 35
    Couple-family households 25
    Without children 10
    With children 15
    Lone-parent-family households 10
    Two-or-more-family households 20
    Non-census-family households 195
    One-person households 185
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 850
    Single-detached house 755
    Apartment, building that has five or more storeys 0
    Movable dwelling 75
    Other dwelling 25
    Semi-detached house 20
    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 855
    1 person 185
    2 persons 305
    3 persons 130
    4 persons 135
    5 persons 55
    6 or more persons 40
    Number of persons in private households 2265
    Average number of persons in private households 2.7
Census 2011

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