Real Estate Market Report for
Pelee, ON

Updated : Aug 2016
House
  • Median price $778,000
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.80%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Pelee Home Price

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Across the country as a whole, Pelee is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

While the median for Ontario is $349,900 , which means that Pelee’s median price is $778,000 considerably better than the rest of the province.

According to our stats, Pelee is the neighbourhood that has the 861th most properties available to real estate investors in Ontario.

Can we guarantee how well Pelee 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.

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 Pelee, 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 3, this month we show 3.

Is Pelee 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)
3 bedrooms $324,500
Demographics
  • Population in 2011171
  • Population in 2006287
  • 2006 to 2011 population change (%)-40.4
  • Total private dwellings377
  • Private dwellings occupied by usual residents79
  • Population density per square kilometre4.1
  • Land area (square km)41.79
  • Age Characteristics
    Total population by age groups 170
    0 to 4 years 10
    5 to 9 years 5
    10 to 14 years 5
    15 to 19 years 5
    15 years 0
    16 years 0
    17 years 0
    18 years 5
    19 years 0
    20 to 24 years 5
    25 to 29 years 15
    30 to 34 years 10
    35 to 39 years 5
    40 to 44 years 10
    45 to 49 years 15
    50 to 54 years 25
    55 to 59 years 25
    60 to 64 years 10
    65 to 69 years 10
    70 to 74 years 10
    75 to 79 years 0
    80 to 84 years 10
    85 years and over 0
    Median age of the population 51.4
    % of the population aged 15 and over 86.9
  • Marital Status
    Total population 15 years and over by marital status 150
    Married or living with a common-law partner 105
    Married (and not separated) 95
    Living common-law 10
    Not married and not living with a common-law partner 50
    Single (never legally married) 25
    Separated 0
    Divorced 10
    Widowed 15
    Family Characteristics
    Total number of census families in private households 50
    Size of census family: 2 persons 35
    Size of census family: 3 persons 15
    Size of census family: 4 persons 5
    Size of census family: 5 or more persons 0
    Total number of census families in private households 55
    Total couple families by family structure and number of children 50
    Married couples 45
    Without children at home 30
    With children at home 15
    1 child 10
    2 children 5
    3 or more children 5
    Common-law couples 5
    Without children at home 0
    With children at home 0
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 0
    Female parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 35
    Under six years of age 10
    6 to 14 years 5
    15 to 17 years 5
    18 to 24 years 5
    25 years and over 5
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 170
    Number of persons not in census families 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons 140
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 30
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 15
    Total number of private households by household type 80
    Census-family households 55
    One-family-only households 50
    Couple-family households 50
    Without children 30
    With children 20
    Lone-parent-family households 0
    Other family households 5
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 25
    One-person households 30
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 75
    Single-detached house 80
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    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 80
    1 person 25
    2 persons 30
    3 persons 10
    4 persons 5
    5 persons 0
    6 or more persons 0
    Number of persons in private households 170
    Average number of persons in private households 2.3
Census 2011

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