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New Glasgow, PE

Updated: Aug 2016
House
Median price $424,450
Monthly growth 574.80 %
Quarterly trend
Stock on market 1.93%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

New Glasgow Home Price

Canada’s national median home listing price this month is $290,900, which means that New Glasgow is in the top 20% for Canada.

The median house price listed in New Glasgow this month is $424,450.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 5.

According to our stats, New Glasgow is the neighbourhood that has the 28th most properties available to real estate investors in Prince Edward Island.

As one of Prince Edward Island’s many potential real estate investment neighbourhoods, New Glasgow 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 New Glasgow, 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.

Will prices rise across the next year in in New Glasgow? There are a number of real estate indicators to consider.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
3 bedrooms $543,950
5 bedrooms $424,450
Demographics
  • Population in 20111001
  • Population in 2006837
  • 2006 to 2011 population change (%)19.6
  • Total private dwellings414
  • Private dwellings occupied by usual residents368
  • Population density per square kilometre14.1
  • Land area (square km)70.92

Age Characteristics

Total population by age groups 1000
0 to 4 years 75
5 to 9 years 65
10 to 14 years 55
15 to 19 years 90
15 years 15
16 years 15
17 years 20
18 years 20
19 years 15
20 to 24 years 45
25 to 29 years 35
30 to 34 years 55
35 to 39 years 60
40 to 44 years 60
45 to 49 years 100
50 to 54 years 90
55 to 59 years 85
60 to 64 years 65
65 to 69 years 45
70 to 74 years 25
75 to 79 years 30
80 to 84 years 15
85 years and over 10
Median age of the population 42
% of the population aged 15 and over 80.6

Marital Status

Total population 15 years and over by marital status 805
Married or living with a common-law partner 535
Married (and not separated) 480
Living common-law 55
Not married and not living with a common-law partner 270
Single (never legally married) 185
Separated 10
Divorced 40
Widowed 35

Family Characteristics

Total number of census families in private households 300
Size of census family: 2 persons 155
Size of census family: 3 persons 50
Size of census family: 4 persons 70
Size of census family: 5 or more persons 25
Total number of census families in private households 300
Total couple families by family structure and number of children 265
Married couples 240
Without children at home 120
With children at home 115
1 child 35
2 children 60
3 or more children 30
Common-law couples 30
Without children at home 15
With children at home 15
1 child 5
2 children 5
3 or more children 0
Total lone-parent families by sex of parent and number of children 40
Female parent 30
1 child 10
2 children 10
3 or more children 5
Male parent 10
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 325
Under six years of age 85
6 to 14 years 110
15 to 17 years 50
18 to 24 years 70
25 years and over 10
Average number of children at home per census family 1.1

Household And Dwelling Characteristics

Total number of persons in private households 1000
Number of persons not in census families 105
Living with relatives 25
Living with non-relatives only 25
Living alone 55
Number of census family persons 890
Average number of persons per census family 3
Total number of persons 65 years and over in private households 120
Number of persons not in census families aged 65 years and over 35
Living with relatives 10
Living with non-relatives only 5
Living alone 25
Number of census family persons aged 65 years and over 80
Total number of private households by household type 370
Census-family households 295
One-family-only households 275
Couple-family households 250
Without children 120
With children 130
Lone-parent-family households 25
Other family households 15
One-family households with persons not in a census family 10
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 5
Two-or-more-family households 5
Non-census-family households 75
One-person households 55
Two-or-more-person households 20
Total number of occupied private dwellings by structural type of dwelling 370
Single-detached house 345
Apartment, building that has five or more storeys 0
Movable dwelling 20
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 370
1 person 55
2 persons 155
3 persons 50
4 persons 70
5 persons 20
6 or more persons 10
Number of persons in private households 995
Average number of persons in private households 2.7

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

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