Real Estate Market Report for
Pense, SK

Updated : Aug 2016
House
  • Median price $299,900
  • Monthly growth -1.00 %
  • Quarterly trend
  • Stock on market 5.34%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Pense Home Price

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

While the median for Saskatchewan is $269,900 , which means that Pense’s median price is $299,900 better than average than the rest of the province.

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

Saskatchewan has the sixth most amount of properties available to property investors, with Pense having 98th most in the province, out of a total of 357.

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

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Pense 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 $306,000
4 bedrooms $278,950
5 bedrooms $306,500
Demographics
  • Population in 2011532
  • Population in 2006507
  • 2006 to 2011 population change (%)4.9
  • Total private dwellings206
  • Private dwellings occupied by usual residents193
  • Population density per square kilometre402.6
  • Land area (square km)1.32
  • Age Characteristics
    Total population by age groups 535
    0 to 4 years 50
    5 to 9 years 35
    10 to 14 years 35
    15 to 19 years 40
    15 years 5
    16 years 10
    17 years 10
    18 years 5
    19 years 10
    20 to 24 years 35
    25 to 29 years 35
    30 to 34 years 50
    35 to 39 years 40
    40 to 44 years 35
    45 to 49 years 40
    50 to 54 years 35
    55 to 59 years 50
    60 to 64 years 15
    65 to 69 years 15
    70 to 74 years 15
    75 to 79 years 5
    80 to 84 years 5
    85 years and over 0
    Median age of the population 34.2
    % of the population aged 15 and over 76.9
  • Marital Status
    Total population 15 years and over by marital status 410
    Married or living with a common-law partner 275
    Married (and not separated) 240
    Living common-law 35
    Not married and not living with a common-law partner 135
    Single (never legally married) 90
    Separated 10
    Divorced 25
    Widowed 10
    Family Characteristics
    Total number of census families in private households 165
    Size of census family: 2 persons 70
    Size of census family: 3 persons 45
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 20
    Total number of census families in private households 165
    Total couple families by family structure and number of children 140
    Married couples 120
    Without children at home 45
    With children at home 70
    1 child 30
    2 children 25
    3 or more children 20
    Common-law couples 20
    Without children at home 10
    With children at home 10
    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 25
    1 child 15
    2 children 10
    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 185
    Under six years of age 55
    6 to 14 years 65
    15 to 17 years 25
    18 to 24 years 30
    25 years and over 15
    Average number of children at home per census family 1.1
  • Household And Dwelling Characteristics
    Total number of persons in private households 535
    Number of persons not in census families 50
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 35
    Number of census family persons 485
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 45
    Number of persons not in census families aged 65 years and over 5
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 5
    Number of census family persons aged 65 years and over 35
    Total number of private households by household type 195
    Census-family households 160
    One-family-only households 145
    Couple-family households 130
    Without children 55
    With children 75
    Lone-parent-family households 20
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 35
    One-person households 35
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 195
    Single-detached house 160
    Apartment, building that has five or more storeys 0
    Movable dwelling 25
    Other dwelling 10
    Semi-detached house 5
    Row house 10
    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 195
    1 person 35
    2 persons 60
    3 persons 45
    4 persons 35
    5 persons 20
    6 or more persons 5
    Number of persons in private households 530
    Average number of persons in private households 2.8
Census 2011

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