Real Estate Market Report for
Sovereign, SK

Updated : Nov 2015
House
  • Median price $98,700
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.05%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Sovereign Home Price

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When looking across the province, Sovereign is the 301th most expensive in Saskatchewan.

When our research team crunched the numbers we calculated that Sovereign has a median home price of $98,700.

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.

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

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.

As one of Saskatchewan’s many potential real estate investment neighbourhoods, Sovereign 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.

If you are looking at investment properties in Sovereign, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Demographics
  • Population in 2011532
  • Population in 2006582
  • 2006 to 2011 population change (%)-8.6
  • Total private dwellings190
  • Private dwellings occupied by usual residents173
  • Population density per square kilometre0.7
  • Land area (square km)803.75
  • Age Characteristics
    Total population by age groups 530
    0 to 4 years 20
    5 to 9 years 35
    10 to 14 years 50
    15 to 19 years 40
    15 years 5
    16 years 5
    17 years 10
    18 years 10
    19 years 10
    20 to 24 years 20
    25 to 29 years 15
    30 to 34 years 25
    35 to 39 years 35
    40 to 44 years 40
    45 to 49 years 35
    50 to 54 years 50
    55 to 59 years 50
    60 to 64 years 40
    65 to 69 years 25
    70 to 74 years 20
    75 to 79 years 15
    80 to 84 years 5
    85 years and over 5
    Median age of the population 42.7
    % of the population aged 15 and over 79.5
  • Marital Status
    Total population 15 years and over by marital status 430
    Married or living with a common-law partner 305
    Married (and not separated) 285
    Living common-law 20
    Not married and not living with a common-law partner 120
    Single (never legally married) 95
    Separated 5
    Divorced 10
    Widowed 10
    Family Characteristics
    Total number of census families in private households 135
    Size of census family: 2 persons 70
    Size of census family: 3 persons 15
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 15
    Total number of census families in private households 135
    Total couple families by family structure and number of children 130
    Married couples 120
    Without children at home 65
    With children at home 55
    1 child 15
    2 children 25
    3 or more children 15
    Common-law couples 10
    Without children at home 5
    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 5
    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 130
    Under six years of age 25
    6 to 14 years 55
    15 to 17 years 20
    18 to 24 years 25
    25 years and over 5
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 435
    Number of persons not in census families 45
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 40
    Number of census family persons 395
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 65
    Number of persons not in census families aged 65 years and over 10
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 10
    Number of census family persons aged 65 years and over 55
    Total number of private households by household type 175
    Census-family households 135
    One-family-only households 135
    Couple-family households 130
    Without children 70
    With children 60
    Lone-parent-family households 5
    Other family households 0
    One-family households with persons not in a census family 0
    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 40
    One-person households 40
    Two-or-more-person households 0
    Total number of occupied private dwellings by structural type of dwelling 170
    Single-detached house 175
    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 175
    1 person 35
    2 persons 70
    3 persons 20
    4 persons 25
    5 persons 15
    6 or more persons 5
    Number of persons in private households 435
    Average number of persons in private households 2.6
Census 2011

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