Real Estate Market Report for
Glenella, MB

Updated : Dec 2015
House
  • Median price $62,500
  • Monthly growth 25.00 %
  • Quarterly trend
  • Stock on market 1.03%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Glenella Home Price

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When looking across the province, Glenella is the 210th most expensive in Manitoba.

With Glenella’s median house price at $62,500 in Dec , it is one of the cheapest neighbourhoods compared to the rest of Manitoba.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Dec this neighbourhood’s most common listing has properties with fewer bedrooms.

There are 215 neighbourhoods that have more properties on sale than Glenella at the moment in Manitoba which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Can we guarantee how well Glenella 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.

If you are looking at investment properties in Glenella, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $62,500
Demographics
  • Population in 2011522
  • Population in 2006517
  • 2006 to 2011 population change (%)1
  • Total private dwellings194
  • Private dwellings occupied by usual residents168
  • Population density per square kilometre1.1
  • Land area (square km)497.14
  • Age Characteristics
    Total population by age groups 525
    0 to 4 years 40
    5 to 9 years 45
    10 to 14 years 45
    15 to 19 years 35
    15 years 5
    16 years 15
    17 years 5
    18 years 5
    19 years 0
    20 to 24 years 10
    25 to 29 years 15
    30 to 34 years 35
    35 to 39 years 35
    40 to 44 years 35
    45 to 49 years 20
    50 to 54 years 25
    55 to 59 years 40
    60 to 64 years 40
    65 to 69 years 35
    70 to 74 years 20
    75 to 79 years 15
    80 to 84 years 15
    85 years and over 10
    Median age of the population 40.3
    % of the population aged 15 and over 74.3
  • Marital Status
    Total population 15 years and over by marital status 390
    Married or living with a common-law partner 265
    Married (and not separated) 245
    Living common-law 20
    Not married and not living with a common-law partner 125
    Single (never legally married) 75
    Separated 15
    Divorced 10
    Widowed 25
    Family Characteristics
    Total number of census families in private households 120
    Size of census family: 2 persons 75
    Size of census family: 3 persons 5
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 15
    Total number of census families in private households 120
    Total couple families by family structure and number of children 110
    Married couples 100
    Without children at home 65
    With children at home 40
    1 child 5
    2 children 15
    3 or more children 20
    Common-law couples 10
    Without children at home 5
    With children at home 5
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 10
    Female parent 5
    1 child 5
    2 children 5
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 120
    Under six years of age 35
    6 to 14 years 55
    15 to 17 years 20
    18 to 24 years 10
    25 years and over 5
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 410
    Number of persons not in census families 55
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 50
    Number of census family persons 355
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 95
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons aged 65 years and over 70
    Total number of private households by household type 170
    Census-family households 120
    One-family-only households 110
    Couple-family households 105
    Without children 65
    With children 40
    Lone-parent-family households 10
    Other family households 5
    One-family households with persons not in a census family 0
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 50
    One-person households 50
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 170
    Single-detached house 165
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 5
    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 165
    1 person 50
    2 persons 75
    3 persons 10
    4 persons 15
    5 persons 10
    6 or more persons 10
    Number of persons in private households 410
    Average number of persons in private households 2.5
Census 2011

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