Real Estate Market Report for
Primrose, PE

Updated : Nov 2015
House
  • Median price $74,500
  • Monthly growth -25.49 %
  • Quarterly trend
  • Stock on market 0.97%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Primrose Home Price

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While the median for Prince Edward Island is $177,700 , which means that Primrose’s median price is $74,499 a lot lower than the rest of the province.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.

From our data, it appears that neighbourhood is number 3849th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Primrose will hopefully provide an indicator to help you where to research in-depth

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

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Nov this neighbourhood’s most common listing the same as the national average.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Primrose will hopefully provide an indicator to help you where to research in-depth

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Primrose there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Demographics
  • Population in 2011415
  • Population in 2006435
  • 2006 to 2011 population change (%)-4.6
  • Total private dwellings207
  • Private dwellings occupied by usual residents150
  • Population density per square kilometre5.3
  • Land area (square km)78.15
  • Age Characteristics
    Total population by age groups 415
    0 to 4 years 15
    5 to 9 years 25
    10 to 14 years 30
    15 to 19 years 30
    15 years 5
    16 years 5
    17 years 5
    18 years 5
    19 years 5
    20 to 24 years 15
    25 to 29 years 15
    30 to 34 years 25
    35 to 39 years 30
    40 to 44 years 30
    45 to 49 years 25
    50 to 54 years 40
    55 to 59 years 30
    60 to 64 years 45
    65 to 69 years 20
    70 to 74 years 20
    75 to 79 years 10
    80 to 84 years 5
    85 years and over 0
    Median age of the population 42.7
    % of the population aged 15 and over 82.2
  • Marital Status
    Total population 15 years and over by marital status 340
    Married or living with a common-law partner 220
    Married (and not separated) 200
    Living common-law 25
    Not married and not living with a common-law partner 120
    Single (never legally married) 85
    Separated 10
    Divorced 10
    Widowed 10
    Family Characteristics
    Total number of census families in private households 125
    Size of census family: 2 persons 60
    Size of census family: 3 persons 25
    Size of census family: 4 persons 20
    Size of census family: 5 or more persons 15
    Total number of census families in private households 120
    Total couple families by family structure and number of children 110
    Married couples 100
    Without children at home 50
    With children at home 55
    1 child 20
    2 children 20
    3 or more children 15
    Common-law couples 10
    Without children at home 5
    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 15
    Female parent 10
    1 child 5
    2 children 0
    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 135
    Under six years of age 25
    6 to 14 years 50
    15 to 17 years 15
    18 to 24 years 20
    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 415
    Number of persons not in census families 45
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 20
    Number of census family persons 365
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 65
    Number of persons not in census families aged 65 years and over 20
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 45
    Total number of private households by household type 150
    Census-family households 120
    One-family-only households 105
    Couple-family households 95
    Without children 50
    With children 55
    Lone-parent-family households 10
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 30
    One-person households 25
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 150
    Single-detached house 130
    Apartment, building that has five or more storeys 0
    Movable dwelling 20
    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 150
    1 person 20
    2 persons 60
    3 persons 25
    4 persons 25
    5 persons 15
    6 or more persons 5
    Number of persons in private households 415
    Average number of persons in private households 2.8
Census 2011

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