Real Estate Market Report for
Prince Albert, SK

Updated : Aug 2016
House
  • Median price $239,900
  • Monthly growth 19.23 %
  • Quarterly trend
  • Stock on market 2.23%
Apartment
  • Median price $269,900
  • Monthly growth 35.15 %
  • Quarterly trend
  • Stock on market 0.39%
Prince Albert Home Price

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The median asking price in Prince Albert is $239,900, pretty close to the median three months ago which was $255,000 .

Prince Albert, Saskatchewan has a median house price of $239,900 when compiling all the home listings in Aug .

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

According to our stats, Prince Albert is the neighbourhood that has the 3rd most properties available to real estate investors in Saskatchewan.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Prince Albert 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 Prince Albert there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

With Prince Albert’s median house price at $269,900 in Aug , it is above average compared to the rest of Saskatchewan.

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.

From our data, it appears that neighbourhood is number 141th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Prince Albert needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Beds Median price (House) Median price (Apartment)
1 bedroom $84,900 $299,900
2 bedrooms $149,900 $215,000
3 bedrooms $206,950 $339,900
4 bedrooms $279,700 $279,900
5 bedrooms $409,700
6 bedrooms $441,000
Demographics
  • Population in 201135129
  • Population in 200634127
  • 2006 to 2011 population change (%)2.9
  • Total private dwellings14779
  • Private dwellings occupied by usual residents13637
  • Population density per square kilometre534.4
  • Land area (square km)65.74
  • Age Characteristics
    Total population by age groups 35130
    0 to 4 years 2770
    5 to 9 years 2445
    10 to 14 years 2450
    15 to 19 years 2705
    15 years 490
    16 years 535
    17 years 555
    18 years 560
    19 years 570
    20 to 24 years 2615
    25 to 29 years 2450
    30 to 34 years 2245
    35 to 39 years 2015
    40 to 44 years 2095
    45 to 49 years 2375
    50 to 54 years 2315
    55 to 59 years 2065
    60 to 64 years 1805
    65 to 69 years 1230
    70 to 74 years 1070
    75 to 79 years 920
    80 to 84 years 785
    85 years and over 770
    Median age of the population 34.7
    % of the population aged 15 and over 78.2
  • Marital Status
    Total population 15 years and over by marital status 27460
    Married or living with a common-law partner 14130
    Married (and not separated) 11275
    Living common-law 2855
    Not married and not living with a common-law partner 13335
    Single (never legally married) 8800
    Separated 840
    Divorced 1835
    Widowed 1860
    Family Characteristics
    Total number of census families in private households 9530
    Size of census family: 2 persons 4790
    Size of census family: 3 persons 2070
    Size of census family: 4 persons 1630
    Size of census family: 5 or more persons 1040
    Total number of census families in private households 9525
    Total couple families by family structure and number of children 6925
    Married couples 5495
    Without children at home 2700
    With children at home 2805
    1 child 1045
    2 children 1090
    3 or more children 660
    Common-law couples 1425
    Without children at home 690
    With children at home 735
    1 child 290
    2 children 245
    3 or more children 205
    Total lone-parent families by sex of parent and number of children 2605
    Female parent 2095
    1 child 1075
    2 children 605
    3 or more children 410
    Male parent 510
    1 child 330
    2 children 125
    3 or more children 55
    Total children in census families in private households 11520
    Under six years of age 3205
    6 to 14 years 4225
    15 to 17 years 1380
    18 to 24 years 1875
    25 years and over 835
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 34270
    Number of persons not in census families 6295
    Living with relatives 940
    Living with non-relatives only 1480
    Living alone 3880
    Number of census family persons 27975
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 4385
    Number of persons not in census families aged 65 years and over 1775
    Living with relatives 135
    Living with non-relatives only 85
    Living alone 1555
    Number of census family persons aged 65 years and over 2610
    Total number of private households by household type 13635
    Census-family households 9185
    One-family-only households 8120
    Couple-family households 6285
    Without children 3105
    With children 3180
    Lone-parent-family households 1840
    Other family households 1060
    One-family households with persons not in a census family 740
    Couple-family households 350
    Without children 135
    With children 215
    Lone-parent-family households 385
    Two-or-more-family households 320
    Non-census-family households 4455
    One-person households 3875
    Two-or-more-person households 575
    Total number of occupied private dwellings by structural type of dwelling 13635
    Single-detached house 9070
    Apartment, building that has five or more storeys 690
    Movable dwelling 0
    Other dwelling 3880
    Semi-detached house 345
    Row house 555
    Apartment, duplex 250
    Apartment, building that has fewer than five storeys 2725
    Other single-attached house 10
    Total number of private households by household size 13635
    1 person 3875
    2 persons 4485
    3 persons 2100
    4 persons 1745
    5 persons 860
    6 or more persons 575
    Number of persons in private households 34270
    Average number of persons in private households 2.5
Census 2011

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