Real Estate Market Report for
Traverse Bay, MB

Updated : Aug 2016
House
  • Median price $214,900
  • Monthly growth 3.84 %
  • Quarterly trend
  • Stock on market 0.43%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Traverse Bay Home Price

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Across the country as a whole, Traverse Bay is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

The median house price listed in Traverse Bay this month is $214,900.

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

There are 250 neighbourhoods that have more properties on sale than Traverse Bay at the moment in Manitoba which puts the neighbourhood top 40% when looking at the number of properties to choose from.

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

If you are looking at investment properties in Traverse Bay, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.

Can we guarantee how well Traverse Bay 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.

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 Traverse Bay have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $149,200
3 bedrooms $227,400
Demographics
  • Population in 20112983
  • Population in 20062978
  • 2006 to 2011 population change (%)0.2
  • Total private dwellings3951
  • Private dwellings occupied by usual residents1373
  • Population density per square kilometre1.9
  • Land area (square km)1568.66
  • Age Characteristics
    Total population by age groups 2985
    0 to 4 years 100
    5 to 9 years 130
    10 to 14 years 135
    15 to 19 years 155
    15 years 25
    16 years 40
    17 years 20
    18 years 35
    19 years 30
    20 to 24 years 80
    25 to 29 years 90
    30 to 34 years 95
    35 to 39 years 110
    40 to 44 years 135
    45 to 49 years 215
    50 to 54 years 290
    55 to 59 years 345
    60 to 64 years 345
    65 to 69 years 315
    70 to 74 years 220
    75 to 79 years 110
    80 to 84 years 70
    85 years and over 35
    Median age of the population 54.2
    % of the population aged 15 and over 87.6
  • Marital Status
    Total population 15 years and over by marital status 2610
    Married or living with a common-law partner 1835
    Married (and not separated) 1635
    Living common-law 200
    Not married and not living with a common-law partner 775
    Single (never legally married) 440
    Separated 50
    Divorced 135
    Widowed 150
    Family Characteristics
    Total number of census families in private households 1010
    Size of census family: 2 persons 735
    Size of census family: 3 persons 125
    Size of census family: 4 persons 100
    Size of census family: 5 or more persons 50
    Total number of census families in private households 1010
    Total couple families by family structure and number of children 910
    Married couples 810
    Without children at home 600
    With children at home 210
    1 child 90
    2 children 80
    3 or more children 40
    Common-law couples 100
    Without children at home 70
    With children at home 25
    1 child 10
    2 children 10
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 100
    Female parent 70
    1 child 45
    2 children 15
    3 or more children 10
    Male parent 30
    1 child 20
    2 children 10
    3 or more children 5
    Total children in census families in private households 595
    Under six years of age 140
    6 to 14 years 205
    15 to 17 years 80
    18 to 24 years 110
    25 years and over 65
    Average number of children at home per census family 0.6
  • Household And Dwelling Characteristics
    Total number of persons in private households 2980
    Number of persons not in census families 460
    Living with relatives 65
    Living with non-relatives only 40
    Living alone 350
    Number of census family persons 2515
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 755
    Number of persons not in census families aged 65 years and over 165
    Living with relatives 15
    Living with non-relatives only 10
    Living alone 150
    Number of census family persons aged 65 years and over 585
    Total number of private households by household type 1375
    Census-family households 995
    One-family-only households 950
    Couple-family households 870
    Without children 645
    With children 220
    Lone-parent-family households 75
    Other family households 50
    One-family households with persons not in a census family 35
    Couple-family households 25
    Without children 15
    With children 10
    Lone-parent-family households 10
    Two-or-more-family households 15
    Non-census-family households 380
    One-person households 350
    Two-or-more-person households 25
    Total number of occupied private dwellings by structural type of dwelling 1375
    Single-detached house 1310
    Apartment, building that has five or more storeys 0
    Movable dwelling 30
    Other dwelling 30
    Semi-detached house 5
    Row house 10
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 5
    Total number of private households by household size 1375
    1 person 355
    2 persons 715
    3 persons 130
    4 persons 110
    5 persons 45
    6 or more persons 25
    Number of persons in private households 2980
    Average number of persons in private households 2.2
Census 2011

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