Real Estate Market Report for
Head of Cardigan, PE

Updated : Jun 2016
House
  • Median price $216,950
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.53%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Head of Cardigan Home Price

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Canada’s national median home listing price this month is $310,000, which means that Head of Cardigan is close to average for Canada.

The $216,950 price tag on the median Head of Cardigan home means that it is about average price.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Across Prince Edward Island Head of Cardigan has the 113th most properties on offer with 188.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

When we look at the data we have, it can help with trying to establish whether or not Head of Cardigan 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 Head of Cardigan 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 $216,950
Demographics
  • Population in 2011798
  • Population in 2006823
  • 2006 to 2011 population change (%)-3
  • Total private dwellings375
  • Private dwellings occupied by usual residents322
  • Population density per square kilometre9.7
  • Land area (square km)82.22
  • Age Characteristics
    Total population by age groups 800
    0 to 4 years 35
    5 to 9 years 30
    10 to 14 years 40
    15 to 19 years 60
    15 years 10
    16 years 15
    17 years 10
    18 years 15
    19 years 15
    20 to 24 years 70
    25 to 29 years 50
    30 to 34 years 35
    35 to 39 years 25
    40 to 44 years 45
    45 to 49 years 75
    50 to 54 years 70
    55 to 59 years 65
    60 to 64 years 65
    65 to 69 years 35
    70 to 74 years 35
    75 to 79 years 25
    80 to 84 years 25
    85 years and over 20
    Median age of the population 46.1
    % of the population aged 15 and over 87.2
  • Marital Status
    Total population 15 years and over by marital status 695
    Married or living with a common-law partner 380
    Married (and not separated) 340
    Living common-law 45
    Not married and not living with a common-law partner 315
    Single (never legally married) 210
    Separated 20
    Divorced 35
    Widowed 50
    Family Characteristics
    Total number of census families in private households 235
    Size of census family: 2 persons 125
    Size of census family: 3 persons 45
    Size of census family: 4 persons 50
    Size of census family: 5 or more persons 20
    Total number of census families in private households 235
    Total couple families by family structure and number of children 190
    Married couples 170
    Without children at home 85
    With children at home 80
    1 child 30
    2 children 40
    3 or more children 15
    Common-law couples 20
    Without children at home 10
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 50
    Female parent 35
    1 child 20
    2 children 5
    3 or more children 10
    Male parent 10
    1 child 5
    2 children 0
    3 or more children 5
    Total children in census families in private households 260
    Under six years of age 40
    6 to 14 years 60
    15 to 17 years 35
    18 to 24 years 80
    25 years and over 45
    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 110
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 80
    Number of census family persons 690
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 135
    Number of persons not in census families aged 65 years and over 55
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 40
    Number of census family persons aged 65 years and over 80
    Total number of private households by household type 325
    Census-family households 235
    One-family-only households 215
    Couple-family households 175
    Without children 95
    With children 85
    Lone-parent-family households 40
    Other family households 20
    One-family households with persons not in a census family 15
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 90
    One-person households 85
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 325
    Single-detached house 265
    Apartment, building that has five or more storeys 0
    Movable dwelling 15
    Other dwelling 45
    Semi-detached house 0
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 0
    Total number of private households by household size 325
    1 person 85
    2 persons 115
    3 persons 45
    4 persons 50
    5 persons 15
    6 or more persons 10
    Number of persons in private households 795
    Average number of persons in private households 2.5
Census 2011

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