Real Estate Market Report for
Kensington, PE

Updated : Aug 2016
House
  • Median price $164,900
  • Monthly growth 26.94 %
  • Quarterly trend
  • Stock on market 3.83%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Kensington Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Across the nation CREW lists data for 5162 neighbourhoods, and this month Kensington is number 3610 putting it in the bottom half of the country .

The $164,900 price tag on the median Kensington home means that it is below the national norm.

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

Prince Edward Island has the fourth least amount of properties available to property investors, with Kensington having 6th most in the province, out of a total of 218.

Can we guarantee how well Kensington 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.

In Kensington, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Kensington 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)
2 bedrooms $144,900
3 bedrooms $157,400
4 bedrooms $169,900
Demographics
  • Population in 20111496
  • Population in 20061485
  • 2006 to 2011 population change (%)0.7
  • Total private dwellings705
  • Private dwellings occupied by usual residents664
  • Population density per square kilometre495.4
  • Land area (square km)3.02
  • Age Characteristics
    Total population by age groups 1495
    0 to 4 years 70
    5 to 9 years 85
    10 to 14 years 85
    15 to 19 years 105
    15 years 15
    16 years 20
    17 years 20
    18 years 20
    19 years 20
    20 to 24 years 75
    25 to 29 years 55
    30 to 34 years 60
    35 to 39 years 95
    40 to 44 years 95
    45 to 49 years 120
    50 to 54 years 125
    55 to 59 years 110
    60 to 64 years 95
    65 to 69 years 80
    70 to 74 years 65
    75 to 79 years 75
    80 to 84 years 45
    85 years and over 60
    Median age of the population 46.8
    % of the population aged 15 and over 84.4
  • Marital Status
    Total population 15 years and over by marital status 1255
    Married or living with a common-law partner 720
    Married (and not separated) 640
    Living common-law 80
    Not married and not living with a common-law partner 535
    Single (never legally married) 280
    Separated 50
    Divorced 70
    Widowed 135
    Family Characteristics
    Total number of census families in private households 430
    Size of census family: 2 persons 235
    Size of census family: 3 persons 85
    Size of census family: 4 persons 85
    Size of census family: 5 or more persons 25
    Total number of census families in private households 430
    Total couple families by family structure and number of children 350
    Married couples 310
    Without children at home 170
    With children at home 145
    1 child 50
    2 children 70
    3 or more children 20
    Common-law couples 40
    Without children at home 25
    With children at home 20
    1 child 5
    2 children 10
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 80
    Female parent 60
    1 child 30
    2 children 20
    3 or more children 5
    Male parent 15
    1 child 15
    2 children 5
    3 or more children 0
    Total children in census families in private households 415
    Under six years of age 85
    6 to 14 years 155
    15 to 17 years 60
    18 to 24 years 80
    25 years and over 35
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1470
    Number of persons not in census families 275
    Living with relatives 20
    Living with non-relatives only 30
    Living alone 225
    Number of census family persons 1195
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 305
    Number of persons not in census families aged 65 years and over 130
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 120
    Number of census family persons aged 65 years and over 180
    Total number of private households by household type 665
    Census-family households 420
    One-family-only households 395
    Couple-family households 335
    Without children 180
    With children 150
    Lone-parent-family households 65
    Other family households 25
    One-family households with persons not in a census family 15
    Couple-family households 10
    Without children 0
    With children 10
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 240
    One-person households 225
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 665
    Single-detached house 400
    Apartment, building that has five or more storeys 0
    Movable dwelling 65
    Other dwelling 195
    Semi-detached house 50
    Row house 60
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 85
    Other single-attached house 5
    Total number of private households by household size 665
    1 person 225
    2 persons 230
    3 persons 80
    4 persons 95
    5 persons 25
    6 or more persons 5
    Number of persons in private households 1475
    Average number of persons in private households 2.2
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?