Real Estate Market Report for
Stratford, PE

Updated : Aug 2016
House
  • Median price $229,000
  • Monthly growth 45.39 %
  • Quarterly trend
  • Stock on market 2.31%
Apartment
  • Median price $179,450
  • Monthly growth 28.27 %
  • Quarterly trend
  • Stock on market 0.28%
Stratford Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Stratford is number 2403 putting it in the top half of the country .

In Aug the median listed house price of $229,000 in Stratford was an above average compared to the rest of Prince Edward Island.

If you’re looking at investment properties in Stratford, then you’re most likely to find homes with 3 bedrooms on sale this month.

There are 218 neighbourhoods that have more properties on sale than Stratford at the moment in Prince Edward Island which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.

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

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Stratford is number 698 putting it in the bottom half of the country .

While the median for Prince Edward Island is $219,900 , which means that Stratford’s median price is $179,450 below average than the rest of the province.

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

From our data, it appears that neighbourhood is number 402th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 40.

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

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 Stratford, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 5, this month we show 10.

Beds Median price (House) Median price (Apartment)
2 bedrooms $171,500 $139,900
3 bedrooms $219,900
4 bedrooms $399,000
5 bedrooms $449,450
Demographics
  • Population in 20118574
  • Population in 20067083
  • 2006 to 2011 population change (%)21.1
  • Total private dwellings3509
  • Private dwellings occupied by usual residents3286
  • Population density per square kilometre381.4
  • Land area (square km)22.48
  • Age Characteristics
    Total population by age groups 8575
    0 to 4 years 540
    5 to 9 years 505
    10 to 14 years 535
    15 to 19 years 560
    15 years 120
    16 years 95
    17 years 105
    18 years 110
    19 years 125
    20 to 24 years 515
    25 to 29 years 475
    30 to 34 years 540
    35 to 39 years 620
    40 to 44 years 655
    45 to 49 years 650
    50 to 54 years 590
    55 to 59 years 605
    60 to 64 years 635
    65 to 69 years 430
    70 to 74 years 275
    75 to 79 years 170
    80 to 84 years 125
    85 years and over 150
    Median age of the population 40
    % of the population aged 15 and over 81.6
  • Marital Status
    Total population 15 years and over by marital status 6995
    Married or living with a common-law partner 4590
    Married (and not separated) 3985
    Living common-law 605
    Not married and not living with a common-law partner 2405
    Single (never legally married) 1630
    Separated 165
    Divorced 265
    Widowed 345
    Family Characteristics
    Total number of census families in private households 2580
    Size of census family: 2 persons 1275
    Size of census family: 3 persons 520
    Size of census family: 4 persons 560
    Size of census family: 5 or more persons 220
    Total number of census families in private households 2575
    Total couple families by family structure and number of children 2270
    Married couples 1970
    Without children at home 890
    With children at home 1075
    1 child 380
    2 children 500
    3 or more children 200
    Common-law couples 305
    Without children at home 190
    With children at home 105
    1 child 60
    2 children 30
    3 or more children 15
    Total lone-parent families by sex of parent and number of children 310
    Female parent 250
    1 child 160
    2 children 65
    3 or more children 30
    Male parent 55
    1 child 35
    2 children 20
    3 or more children 10
    Total children in census families in private households 2645
    Under six years of age 640
    6 to 14 years 935
    15 to 17 years 320
    18 to 24 years 535
    25 years and over 220
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 8495
    Number of persons not in census families 1005
    Living with relatives 105
    Living with non-relatives only 260
    Living alone 640
    Number of census family persons 7490
    Average number of persons per census family 2.9
    Total number of persons 65 years and over in private households 1070
    Number of persons not in census families aged 65 years and over 310
    Living with relatives 35
    Living with non-relatives only 15
    Living alone 255
    Number of census family persons aged 65 years and over 760
    Total number of private households by household type 3285
    Census-family households 2535
    One-family-only households 2400
    Couple-family households 2150
    Without children 1015
    With children 1135
    Lone-parent-family households 255
    Other family households 130
    One-family households with persons not in a census family 95
    Couple-family households 65
    Without children 35
    With children 35
    Lone-parent-family households 25
    Two-or-more-family households 40
    Non-census-family households 755
    One-person households 640
    Two-or-more-person households 110
    Total number of occupied private dwellings by structural type of dwelling 3285
    Single-detached house 2375
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 915
    Semi-detached house 305
    Row house 75
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 505
    Other single-attached house 0
    Total number of private households by household size 3285
    1 person 640
    2 persons 1265
    3 persons 550
    4 persons 570
    5 persons 210
    6 or more persons 55
    Number of persons in private households 8495
    Average number of persons in private households 2.6
Census 2011

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