Real Estate Market Report for
Mount Royal, PE

Updated : Aug 2016
House
  • Median price $282,450
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.65%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Mount Royal Home Price

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Across the country as a whole, Mount Royal is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $282,450 this month, Mount Royal, Prince Edward Island is definitely not for you price wise.

From our data, it appears that neighbourhood is number 4285th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

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

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 Mount Royal, 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.

Is Mount Royal a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

If you are looking at investment properties in Mount Royal, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
4 bedrooms $339,950
Demographics
  • Population in 2011596
  • Population in 2006668
  • 2006 to 2011 population change (%)-10.8
  • Total private dwellings310
  • Private dwellings occupied by usual residents236
  • Population density per square kilometre7.1
  • Land area (square km)84.29
  • Age Characteristics
    Total population by age groups 600
    0 to 4 years 35
    5 to 9 years 45
    10 to 14 years 40
    15 to 19 years 30
    15 years 5
    16 years 5
    17 years 5
    18 years 10
    19 years 5
    20 to 24 years 30
    25 to 29 years 25
    30 to 34 years 40
    35 to 39 years 35
    40 to 44 years 45
    45 to 49 years 45
    50 to 54 years 45
    55 to 59 years 45
    60 to 64 years 50
    65 to 69 years 30
    70 to 74 years 30
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 5
    Median age of the population 43.2
    % of the population aged 15 and over 80.2
  • Marital Status
    Total population 15 years and over by marital status 475
    Married or living with a common-law partner 310
    Married (and not separated) 270
    Living common-law 45
    Not married and not living with a common-law partner 170
    Single (never legally married) 100
    Separated 15
    Divorced 20
    Widowed 30
    Family Characteristics
    Total number of census families in private households 185
    Size of census family: 2 persons 95
    Size of census family: 3 persons 35
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 20
    Total number of census families in private households 180
    Total couple families by family structure and number of children 155
    Married couples 130
    Without children at home 75
    With children at home 60
    1 child 20
    2 children 25
    3 or more children 15
    Common-law couples 20
    Without children at home 10
    With children at home 10
    1 child 0
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 25
    Female parent 25
    1 child 10
    2 children 10
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 185
    Under six years of age 45
    6 to 14 years 70
    15 to 17 years 10
    18 to 24 years 35
    25 years and over 20
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 595
    Number of persons not in census families 80
    Living with relatives 20
    Living with non-relatives only 10
    Living alone 50
    Number of census family persons 520
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 90
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 65
    Total number of private households by household type 235
    Census-family households 180
    One-family-only households 170
    Couple-family households 150
    Without children 80
    With children 65
    Lone-parent-family households 20
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 0
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 55
    One-person households 45
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 240
    Single-detached house 220
    Apartment, building that has five or more storeys 0
    Movable dwelling 15
    Other dwelling 5
    Semi-detached house 5
    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 240
    1 person 50
    2 persons 100
    3 persons 35
    4 persons 35
    5 persons 15
    6 or more persons 5
    Number of persons in private households 595
    Average number of persons in private households 2.5
Census 2011

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