Real Estate Market Report for
Amherst, NS

Updated : Aug 2016
House
  • Median price $154,900
  • Monthly growth 56.54 %
  • Quarterly trend
  • Stock on market 2.43%
Apartment
  • Median price $89,900
  • Monthly growth 6.76 %
  • Quarterly trend
  • Stock on market 0.44%
Amherst Home Price

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With a median listing price of $154,900, Amherst is Canada’s 3790th most expensive when ordered by median listing price.

While the median for Nova Scotia is $232,500 , which means that Amherst’s median price is $154,900 below average than the rest of the province.

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.

Across Nova Scotia Amherst has the 8th most properties on offer with 825.

When we look at the data we have, it can help with trying to establish whether or not Amherst 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 Amherst, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 120, this month we show 117.

With a median listing price of $89,900, Amherst is Canada’s 1011th most expensive when ordered by median listing price.

The median house price listed in Amherst this month is $89,900.

Across Nova Scotia Amherst has the 5th most properties on offer with 51.

Can we guarantee how well Amherst 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.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Beds Median price (House) Median price (Apartment)
4 bedrooms $134,900
Demographics
  • Population in 20119717
  • Population in 20069505
  • 2006 to 2011 population change (%)2.2
  • Total private dwellings4811
  • Private dwellings occupied by usual residents4403
  • Population density per square kilometre808.4
  • Land area (square km)12.02
  • Age Characteristics
    Total population by age groups 9715
    0 to 4 years 520
    5 to 9 years 475
    10 to 14 years 500
    15 to 19 years 520
    15 years 105
    16 years 100
    17 years 100
    18 years 110
    19 years 105
    20 to 24 years 515
    25 to 29 years 460
    30 to 34 years 545
    35 to 39 years 585
    40 to 44 years 595
    45 to 49 years 755
    50 to 54 years 770
    55 to 59 years 730
    60 to 64 years 700
    65 to 69 years 485
    70 to 74 years 455
    75 to 79 years 380
    80 to 84 years 310
    85 years and over 410
    Median age of the population 45.9
    % of the population aged 15 and over 84.6
  • Marital Status
    Total population 15 years and over by marital status 8225
    Married or living with a common-law partner 4380
    Married (and not separated) 3485
    Living common-law 895
    Not married and not living with a common-law partner 3845
    Single (never legally married) 1975
    Separated 345
    Divorced 650
    Widowed 880
    Family Characteristics
    Total number of census families in private households 2795
    Size of census family: 2 persons 1675
    Size of census family: 3 persons 590
    Size of census family: 4 persons 370
    Size of census family: 5 or more persons 155
    Total number of census families in private households 2800
    Total couple families by family structure and number of children 2150
    Married couples 1705
    Without children at home 985
    With children at home 725
    1 child 335
    2 children 280
    3 or more children 105
    Common-law couples 445
    Without children at home 255
    With children at home 190
    1 child 100
    2 children 50
    3 or more children 35
    Total lone-parent families by sex of parent and number of children 645
    Female parent 515
    1 child 330
    2 children 135
    3 or more children 50
    Male parent 130
    1 child 105
    2 children 20
    3 or more children 10
    Total children in census families in private households 2490
    Under six years of age 620
    6 to 14 years 860
    15 to 17 years 290
    18 to 24 years 415
    25 years and over 300
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 9395
    Number of persons not in census families 1960
    Living with relatives 150
    Living with non-relatives only 265
    Living alone 1540
    Number of census family persons 7440
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 1830
    Number of persons not in census families aged 65 years and over 785
    Living with relatives 50
    Living with non-relatives only 40
    Living alone 695
    Number of census family persons aged 65 years and over 1050
    Total number of private households by household type 4405
    Census-family households 2750
    One-family-only households 2545
    Couple-family households 2020
    Without children 1160
    With children 855
    Lone-parent-family households 525
    Other family households 210
    One-family households with persons not in a census family 165
    Couple-family households 80
    Without children 45
    With children 35
    Lone-parent-family households 85
    Two-or-more-family households 45
    Non-census-family households 1650
    One-person households 1545
    Two-or-more-person households 110
    Total number of occupied private dwellings by structural type of dwelling 4405
    Single-detached house 2225
    Apartment, building that has five or more storeys 0
    Movable dwelling 495
    Other dwelling 1685
    Semi-detached house 195
    Row house 205
    Apartment, duplex 335
    Apartment, building that has fewer than five storeys 890
    Other single-attached house 60
    Total number of private households by household size 4405
    1 person 1540
    2 persons 1610
    3 persons 640
    4 persons 410
    5 persons 145
    6 or more persons 50
    Number of persons in private households 9395
    Average number of persons in private households 2.1
Census 2011

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