Real Estate Market Report for
Miminegash, PE

Updated : Dec 2015
House
  • Median price $37,200
  • Monthly growth -8.59 %
  • Quarterly trend
  • Stock on market 2.82%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Miminegash Home Price

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Miminegash was Canada’s 4097th most expensive suburb by listed median house price this month.

With Miminegash’s median house price at $37,200 in Dec , it is one of the cheapest neighbourhoods compared to the rest of Prince Edward Island.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Dec this neighbourhood’s most common listing the same as the national average.

Prince Edward Island has the fifth least amount of properties available to property investors, with Miminegash having 114th most in the province, out of a total of 186.

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

One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Miminegash, the amount of stock on the market is about the same which is neither good nor bad indicator for house prices. Three months ago there were 2, this month we show 2.

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.

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.

Beds Median price (House) Median price (Apartment)
3 bedrooms $54,850
Demographics
  • Population in 2011173
  • Population in 2006176
  • 2006 to 2011 population change (%)-1.7
  • Total private dwellings71
  • Private dwellings occupied by usual residents69
  • Population density per square kilometre93.4
  • Land area (square km)1.85
  • Age Characteristics
    Total population by age groups 175
    0 to 4 years 5
    5 to 9 years 5
    10 to 14 years 10
    15 to 19 years 15
    15 years 5
    16 years 5
    17 years 0
    18 years 0
    19 years 5
    20 to 24 years 5
    25 to 29 years 5
    30 to 34 years 10
    35 to 39 years 20
    40 to 44 years 10
    45 to 49 years 15
    50 to 54 years 10
    55 to 59 years 15
    60 to 64 years 20
    65 to 69 years 25
    70 to 74 years 10
    75 to 79 years 5
    80 to 84 years 5
    85 years and over 0
    Median age of the population 48.4
    % of the population aged 15 and over 84.2
  • Marital Status
    Total population 15 years and over by marital status 150
    Married or living with a common-law partner 80
    Married (and not separated) 70
    Living common-law 10
    Not married and not living with a common-law partner 70
    Single (never legally married) 40
    Separated 5
    Divorced 5
    Widowed 20
    Family Characteristics
    Total number of census families in private households 50
    Size of census family: 2 persons 25
    Size of census family: 3 persons 10
    Size of census family: 4 persons 5
    Size of census family: 5 or more persons 5
    Total number of census families in private households 50
    Total couple families by family structure and number of children 40
    Married couples 30
    Without children at home 15
    With children at home 20
    1 child 10
    2 children 5
    3 or more children 5
    Common-law couples 5
    Without children at home 5
    With children at home 5
    1 child 0
    2 children 0
    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 0
    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 60
    Under six years of age 10
    6 to 14 years 15
    15 to 17 years 5
    18 to 24 years 10
    25 years and over 20
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 170
    Number of persons not in census families 25
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 20
    Number of census family persons 150
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 40
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 30
    Total number of private households by household type 70
    Census-family households 50
    One-family-only households 45
    Couple-family households 35
    Without children 15
    With children 20
    Lone-parent-family households 5
    Other family households 5
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 20
    One-person households 20
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 65
    Single-detached house 70
    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 70
    1 person 20
    2 persons 25
    3 persons 10
    4 persons 5
    5 persons 5
    6 or more persons 0
    Number of persons in private households 170
    Average number of persons in private households 2.6
Census 2011

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