Real Estate Market Report for
Palmarolle, QC

Updated : Aug 2016
House
  • Median price $174,000
  • Monthly growth -6.70 %
  • Quarterly trend
  • Stock on market 1.40%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Palmarolle Home Price

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

Palmarolle, Quebec has a median house price of $174,000 when compiling all the home listings in Aug .

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.

When we look at the data we have, it can help with trying to establish whether or not Palmarolle 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 Palmarolle, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 13, this month we show 9.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

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

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)
4 bedrooms $169,000
Demographics
  • Population in 20111465
  • Population in 20061453
  • 2006 to 2011 population change (%)0.8
  • Total private dwellings642
  • Private dwellings occupied by usual residents569
  • Population density per square kilometre12.5
  • Land area (square km)117.4
  • Age Characteristics
    Total population by age groups 1465
    0 to 4 years 100
    5 to 9 years 80
    10 to 14 years 85
    15 to 19 years 105
    15 years 15
    16 years 25
    17 years 25
    18 years 20
    19 years 20
    20 to 24 years 65
    25 to 29 years 85
    30 to 34 years 95
    35 to 39 years 65
    40 to 44 years 90
    45 to 49 years 115
    50 to 54 years 140
    55 to 59 years 130
    60 to 64 years 95
    65 to 69 years 85
    70 to 74 years 40
    75 to 79 years 30
    80 to 84 years 35
    85 years and over 25
    Median age of the population 42.9
    % of the population aged 15 and over 81.6
  • Marital Status
    Total population 15 years and over by marital status 1195
    Married or living with a common-law partner 845
    Married (and not separated) 500
    Living common-law 345
    Not married and not living with a common-law partner 345
    Single (never legally married) 235
    Separated 15
    Divorced 45
    Widowed 55
    Family Characteristics
    Total number of census families in private households 450
    Size of census family: 2 persons 235
    Size of census family: 3 persons 95
    Size of census family: 4 persons 80
    Size of census family: 5 or more persons 50
    Total number of census families in private households 455
    Total couple families by family structure and number of children 425
    Married couples 245
    Without children at home 155
    With children at home 95
    1 child 35
    2 children 30
    3 or more children 25
    Common-law couples 170
    Without children at home 60
    With children at home 115
    1 child 45
    2 children 45
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 30
    Female parent 15
    1 child 5
    2 children 15
    3 or more children 0
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 435
    Under six years of age 120
    6 to 14 years 150
    15 to 17 years 60
    18 to 24 years 85
    25 years and over 25
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 1440
    Number of persons not in census families 130
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 110
    Number of census family persons 1310
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 190
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons aged 65 years and over 145
    Total number of private households by household type 565
    Census-family households 455
    One-family-only households 450
    Couple-family households 415
    Without children 215
    With children 200
    Lone-parent-family households 35
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 120
    One-person households 110
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 570
    Single-detached house 485
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 80
    Semi-detached house 25
    Row house 0
    Apartment, duplex 15
    Apartment, building that has fewer than five storeys 45
    Other single-attached house 0
    Total number of private households by household size 570
    1 person 110
    2 persons 235
    3 persons 95
    4 persons 75
    5 persons 40
    6 or more persons 10
    Number of persons in private households 1445
    Average number of persons in private households 2.5
Census 2011

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