Real Estate Market Report for
Shell Lake, SK

Updated : Aug 2016
House
  • Median price $262,400
  • Monthly growth 16.64 %
  • Quarterly trend
  • Stock on market 9.41%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Shell Lake Home Price

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The median asking price in Shell Lake is $262,400, an improvement on the median three months ago which was $222,500 .

Shell Lake, Saskatchewan has a median house price of $262,400 when compiling all the home listings in Aug .

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Shell Lake has a pretty average amount compared to the rest of the province

Can we guarantee how well Shell Lake 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 Shell Lake, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 5, this month we show 8.

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

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Shell Lake have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $262,400
3 bedrooms $224,900
4 bedrooms $343,450
Demographics
  • Population in 201199
  • Population in 2006152
  • 2006 to 2011 population change (%)-34.9
  • Total private dwellings85
  • Private dwellings occupied by usual residents51
  • Population density per square kilometre80.8
  • Land area (square km)1.23
  • Age Characteristics
    Total population by age groups 100
    0 to 4 years 0
    5 to 9 years 10
    10 to 14 years 10
    15 to 19 years 5
    15 years 5
    16 years 0
    17 years 0
    18 years 5
    19 years 0
    20 to 24 years 0
    25 to 29 years 5
    30 to 34 years 5
    35 to 39 years 5
    40 to 44 years 5
    45 to 49 years 10
    50 to 54 years 5
    55 to 59 years 5
    60 to 64 years 10
    65 to 69 years 5
    70 to 74 years 5
    75 to 79 years 5
    80 to 84 years 10
    85 years and over 5
    Median age of the population 53.5
    % of the population aged 15 and over 88.1
  • Marital Status
    Total population 15 years and over by marital status 80
    Married or living with a common-law partner 40
    Married (and not separated) 35
    Living common-law 5
    Not married and not living with a common-law partner 45
    Single (never legally married) 15
    Separated 10
    Divorced 5
    Widowed 10
    Family Characteristics
    Total number of census families in private households 25
    Size of census family: 2 persons 15
    Size of census family: 3 persons 5
    Size of census family: 4 persons 0
    Size of census family: 5 or more persons 5
    Total number of census families in private households 25
    Total couple families by family structure and number of children 20
    Married couples 15
    Without children at home 10
    With children at home 5
    1 child 0
    2 children 0
    3 or more children 5
    Common-law couples 5
    Without children at home 0
    With children at home 5
    1 child 0
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 5
    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 25
    Under six years of age 5
    6 to 14 years 10
    15 to 17 years 5
    18 to 24 years 0
    25 years and over 0
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 100
    Number of persons not in census families 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons 70
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 35
    Number of persons not in census families aged 65 years and over 15
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 15
    Number of census family persons aged 65 years and over 10
    Total number of private households by household type 50
    Census-family households 25
    One-family-only households 20
    Couple-family households 20
    Without children 15
    With children 5
    Lone-parent-family households 0
    Other family households 0
    One-family households with persons not in a census family 0
    Couple-family households 0
    Without children 0
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 0
    Non-census-family households 25
    One-person households 25
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 50
    Single-detached house 45
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 5
    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 55
    1 person 25
    2 persons 15
    3 persons 5
    4 persons 0
    5 persons 5
    6 or more persons 5
    Number of persons in private households 95
    Average number of persons in private households 1.7
Census 2011

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