Real Estate Market Report for
Park Corner, PE

Updated : Aug 2016
House
  • Median price $229,450
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.35%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Park Corner Home Price

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With a median listing price of $229,450, Park Corner is Canada’s 2397th most expensive when ordered by median listing price.

With Park Corner’s median house price at $229,450 in Aug , it is above average compared to the rest of Prince Edward Island.

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

This month we track 140th neighbourhoods in Prince Edward Island, and Park Corner has the 140th most choice available for real estate investors.

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

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.

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

Over the last three months in Park Corner, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
3 bedrooms $229,450
Demographics
  • Population in 2011847
  • Population in 2006798
  • 2006 to 2011 population change (%)6.1
  • Total private dwellings566
  • Private dwellings occupied by usual residents308
  • Population density per square kilometre11.4
  • Land area (square km)74.08
  • Age Characteristics
    Total population by age groups 845
    0 to 4 years 25
    5 to 9 years 35
    10 to 14 years 45
    15 to 19 years 70
    15 years 20
    16 years 10
    17 years 15
    18 years 15
    19 years 20
    20 to 24 years 50
    25 to 29 years 25
    30 to 34 years 30
    35 to 39 years 40
    40 to 44 years 55
    45 to 49 years 75
    50 to 54 years 85
    55 to 59 years 60
    60 to 64 years 65
    65 to 69 years 50
    70 to 74 years 25
    75 to 79 years 40
    80 to 84 years 20
    85 years and over 40
    Median age of the population 48.2
    % of the population aged 15 and over 87.3
  • Marital Status
    Total population 15 years and over by marital status 735
    Married or living with a common-law partner 470
    Married (and not separated) 425
    Living common-law 45
    Not married and not living with a common-law partner 265
    Single (never legally married) 170
    Separated 10
    Divorced 35
    Widowed 50
    Family Characteristics
    Total number of census families in private households 250
    Size of census family: 2 persons 130
    Size of census family: 3 persons 45
    Size of census family: 4 persons 50
    Size of census family: 5 or more persons 20
    Total number of census families in private households 250
    Total couple families by family structure and number of children 225
    Married couples 200
    Without children at home 100
    With children at home 105
    1 child 40
    2 children 45
    3 or more children 25
    Common-law couples 25
    Without children at home 15
    With children at home 5
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 25
    Female parent 15
    1 child 15
    2 children 5
    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 240
    Under six years of age 35
    6 to 14 years 75
    15 to 17 years 45
    18 to 24 years 60
    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 785
    Number of persons not in census families 70
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 60
    Number of census family persons 710
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 130
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 105
    Total number of private households by household type 305
    Census-family households 245
    One-family-only households 235
    Couple-family households 215
    Without children 110
    With children 105
    Lone-parent-family households 20
    Other family households 10
    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 0
    Two-or-more-family households 5
    Non-census-family households 60
    One-person households 60
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 310
    Single-detached house 300
    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 310
    1 person 60
    2 persons 125
    3 persons 45
    4 persons 55
    5 persons 20
    6 or more persons 5
    Number of persons in private households 785
    Average number of persons in private households 2.5
Census 2011

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