Real Estate Market Report for
New Dominion, PE

Updated : Aug 2016
House
  • Median price $257,450
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.35%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
New Dominion Home Price

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New Dominion was Canada’s 1989th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $257,450 in New Dominion was an impressive compared to the rest of Prince Edward Island.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then New Dominion has more than the average number to choose from compared to the rest of the province

Can we guarantee how well New Dominion 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in New Dominion there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Can we guarantee how well New Dominion 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in New Dominion 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 $315,000
Demographics
  • Population in 20112200
  • Population in 20062051
  • 2006 to 2011 population change (%)7.3
  • Total private dwellings1153
  • Private dwellings occupied by usual residents834
  • Population density per square kilometre25.9
  • Land area (square km)84.8
  • Age Characteristics
    Total population by age groups 2200
    0 to 4 years 125
    5 to 9 years 135
    10 to 14 years 150
    15 to 19 years 145
    15 years 35
    16 years 30
    17 years 30
    18 years 25
    19 years 25
    20 to 24 years 110
    25 to 29 years 105
    30 to 34 years 135
    35 to 39 years 140
    40 to 44 years 135
    45 to 49 years 155
    50 to 54 years 200
    55 to 59 years 200
    60 to 64 years 180
    65 to 69 years 85
    70 to 74 years 80
    75 to 79 years 65
    80 to 84 years 35
    85 years and over 15
    Median age of the population 41.8
    % of the population aged 15 and over 81.3
  • Marital Status
    Total population 15 years and over by marital status 1790
    Married or living with a common-law partner 1230
    Married (and not separated) 1090
    Living common-law 140
    Not married and not living with a common-law partner 560
    Single (never legally married) 360
    Separated 40
    Divorced 85
    Widowed 75
    Family Characteristics
    Total number of census families in private households 680
    Size of census family: 2 persons 340
    Size of census family: 3 persons 145
    Size of census family: 4 persons 125
    Size of census family: 5 or more persons 65
    Total number of census families in private households 685
    Total couple families by family structure and number of children 605
    Married couples 535
    Without children at home 260
    With children at home 275
    1 child 115
    2 children 110
    3 or more children 55
    Common-law couples 65
    Without children at home 40
    With children at home 30
    1 child 20
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 75
    Female parent 65
    1 child 40
    2 children 15
    3 or more children 10
    Male parent 15
    1 child 5
    2 children 0
    3 or more children 5
    Total children in census families in private households 690
    Under six years of age 145
    6 to 14 years 265
    15 to 17 years 90
    18 to 24 years 130
    25 years and over 55
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 2185
    Number of persons not in census families 210
    Living with relatives 40
    Living with non-relatives only 25
    Living alone 150
    Number of census family persons 1975
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 280
    Number of persons not in census families aged 65 years and over 65
    Living with relatives 15
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons aged 65 years and over 215
    Total number of private households by household type 830
    Census-family households 670
    One-family-only households 625
    Couple-family households 570
    Without children 280
    With children 285
    Lone-parent-family households 60
    Other family households 40
    One-family households with persons not in a census family 30
    Couple-family households 20
    Without children 5
    With children 15
    Lone-parent-family households 10
    Two-or-more-family households 15
    Non-census-family households 165
    One-person households 155
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 835
    Single-detached house 795
    Apartment, building that has five or more storeys 0
    Movable dwelling 40
    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 835
    1 person 155
    2 persons 325
    3 persons 145
    4 persons 130
    5 persons 65
    6 or more persons 15
    Number of persons in private households 2190
    Average number of persons in private households 2.6
Census 2011

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