Real Estate Market Report for
Berwick, NS

Updated : Aug 2016
House
  • Median price $196,400
  • Monthly growth 1.81 %
  • Quarterly trend
  • Stock on market 2.34%
Apartment
  • Median price $209,500
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.20%
Berwick Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Berwick is number 2979 putting it in the bottom half of the country .

In Aug the median listed house price of $196,400 in Berwick was a below average compared to the rest of Nova Scotia.

This month we track 58th neighbourhoods in Nova Scotia, and Berwick has the 58th most choice available for real estate investors.

Can we guarantee how well Berwick 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 Berwick have dried up which would tend to indicate that demand is higher than the supply of new properties.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Berwick is number 531 putting it in the bottom half of the country .

When our research team crunched the numbers we calculated that Berwick has a median home price of $209,500.

This month we track 37th neighbourhoods in Nova Scotia, and Berwick has the 37th most choice available for real estate investors.

As one of Nova Scotia’s many potential real estate investment neighbourhoods, Berwick 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Berwick there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $114,900
3 bedrooms $219,900
4 bedrooms $212,400
5 bedrooms $164,900
Demographics
  • Population in 20112454
  • Population in 20062454
  • 2006 to 2011 population change (%)0
  • Total private dwellings1024
  • Private dwellings occupied by usual residents1000
  • Population density per square kilometre368.6
  • Land area (square km)6.66
  • Age Characteristics
    Total population by age groups 2455
    0 to 4 years 95
    5 to 9 years 105
    10 to 14 years 130
    15 to 19 years 145
    15 years 25
    16 years 30
    17 years 25
    18 years 30
    19 years 35
    20 to 24 years 95
    25 to 29 years 90
    30 to 34 years 100
    35 to 39 years 125
    40 to 44 years 145
    45 to 49 years 185
    50 to 54 years 210
    55 to 59 years 145
    60 to 64 years 180
    65 to 69 years 160
    70 to 74 years 110
    75 to 79 years 125
    80 to 84 years 115
    85 years and over 205
    Median age of the population 50.4
    % of the population aged 15 and over 86.5
  • Marital Status
    Total population 15 years and over by marital status 2130
    Married or living with a common-law partner 1155
    Married (and not separated) 980
    Living common-law 175
    Not married and not living with a common-law partner 975
    Single (never legally married) 445
    Separated 55
    Divorced 175
    Widowed 295
    Family Characteristics
    Total number of census families in private households 655
    Size of census family: 2 persons 385
    Size of census family: 3 persons 120
    Size of census family: 4 persons 110
    Size of census family: 5 or more persons 35
    Total number of census families in private households 655
    Total couple families by family structure and number of children 545
    Married couples 460
    Without children at home 275
    With children at home 190
    1 child 70
    2 children 85
    3 or more children 30
    Common-law couples 85
    Without children at home 45
    With children at home 45
    1 child 20
    2 children 15
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 105
    Female parent 90
    1 child 55
    2 children 20
    3 or more children 10
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 570
    Under six years of age 110
    6 to 14 years 215
    15 to 17 years 80
    18 to 24 years 115
    25 years and over 60
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 2190
    Number of persons not in census families 420
    Living with relatives 25
    Living with non-relatives only 60
    Living alone 330
    Number of census family persons 1770
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 490
    Number of persons not in census families aged 65 years and over 190
    Living with relatives 10
    Living with non-relatives only 20
    Living alone 165
    Number of census family persons aged 65 years and over 300
    Total number of private households by household type 1000
    Census-family households 645
    One-family-only households 610
    Couple-family households 520
    Without children 300
    With children 220
    Lone-parent-family households 85
    Other family households 35
    One-family households with persons not in a census family 25
    Couple-family households 15
    Without children 10
    With children 10
    Lone-parent-family households 10
    Two-or-more-family households 10
    Non-census-family households 355
    One-person households 330
    Two-or-more-person households 25
    Total number of occupied private dwellings by structural type of dwelling 1000
    Single-detached house 640
    Apartment, building that has five or more storeys 0
    Movable dwelling 45
    Other dwelling 315
    Semi-detached house 105
    Row house 20
    Apartment, duplex 20
    Apartment, building that has fewer than five storeys 155
    Other single-attached house 5
    Total number of private households by household size 1000
    1 person 330
    2 persons 380
    3 persons 125
    4 persons 115
    5 persons 30
    6 or more persons 15
    Number of persons in private households 2190
    Average number of persons in private households 2.2
Census 2011

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