Real Estate Market Report for
North Granville, PE

Updated : Aug 2016
House
  • Median price $367,500
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.46%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
North Granville Home Price

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In Aug the median listed house price of $367,500 in North Granville was an impressive compared to the rest of Prince Edward Island.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

There are 218 neighbourhoods that have more properties on sale than North Granville at the moment in Prince Edward Island which puts the neighbourhood middle range when looking at the number of properties to choose from.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, North Granville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

It’s never an exact art, but to try to forecast how property is going to appreciate in North Granville for investors, it’s important to look at data like:

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in North Granville 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)
4 bedrooms $384,450
Demographics
  • Population in 2011855
  • Population in 2006920
  • 2006 to 2011 population change (%)-7.1
  • Total private dwellings659
  • Private dwellings occupied by usual residents336
  • Population density per square kilometre11.1
  • Land area (square km)76.77
  • Age Characteristics
    Total population by age groups 855
    0 to 4 years 45
    5 to 9 years 30
    10 to 14 years 40
    15 to 19 years 55
    15 years 15
    16 years 5
    17 years 10
    18 years 15
    19 years 10
    20 to 24 years 45
    25 to 29 years 25
    30 to 34 years 35
    35 to 39 years 45
    40 to 44 years 45
    45 to 49 years 80
    50 to 54 years 80
    55 to 59 years 80
    60 to 64 years 70
    65 to 69 years 65
    70 to 74 years 45
    75 to 79 years 30
    80 to 84 years 20
    85 years and over 15
    Median age of the population 48.6
    % of the population aged 15 and over 86.4
  • Marital Status
    Total population 15 years and over by marital status 735
    Married or living with a common-law partner 520
    Married (and not separated) 475
    Living common-law 50
    Not married and not living with a common-law partner 215
    Single (never legally married) 155
    Separated 5
    Divorced 25
    Widowed 30
    Family Characteristics
    Total number of census families in private households 280
    Size of census family: 2 persons 155
    Size of census family: 3 persons 60
    Size of census family: 4 persons 40
    Size of census family: 5 or more persons 25
    Total number of census families in private households 280
    Total couple families by family structure and number of children 260
    Married couples 235
    Without children at home 125
    With children at home 110
    1 child 50
    2 children 35
    3 or more children 25
    Common-law couples 25
    Without children at home 15
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 20
    Female parent 15
    1 child 10
    2 children 0
    3 or more children 0
    Male parent 10
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 235
    Under six years of age 50
    6 to 14 years 65
    15 to 17 years 30
    18 to 24 years 65
    25 years and over 30
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 855
    Number of persons not in census families 80
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 55
    Number of census family persons 775
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 175
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 25
    Number of census family persons aged 65 years and over 145
    Total number of private households by household type 335
    Census-family households 275
    One-family-only households 260
    Couple-family households 245
    Without children 130
    With children 110
    Lone-parent-family households 15
    Other family households 15
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 60
    One-person households 55
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 335
    Single-detached house 325
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    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 335
    1 person 55
    2 persons 155
    3 persons 65
    4 persons 40
    5 persons 20
    6 or more persons 5
    Number of persons in private households 855
    Average number of persons in private households 2.5
Census 2011

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