Real Estate Market Report for
Burk's Falls, ON

Updated : Aug 2016
House
  • Median price $199,900
  • Monthly growth -11.11 %
  • Quarterly trend
  • Stock on market 9.03%
Apartment
  • Median price $194,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.42%
Burk's Falls Home Price

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Burk's Falls was Canada’s 2860th most expensive suburb by listed median house price this month.

The $199,900 price tag on the median Burk's Falls home means that it is about average price.

From our data, it appears that neighbourhood is number 699th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 20.

Will prices rise across the next year in in Burk's Falls? There are a number of real estate indicators to consider.

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 Burk's Falls, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 53, this month we show 43.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Burk's Falls is number 608 putting it in the bottom half of the country .

In Aug the median listed house price of $194,900 in Burk's Falls was relatively low compared to the rest of Ontario.

Ontario has the second most amount of properties available to property investors, with Burk's Falls having 149th most in the province, out of a total of 196.

Will prices rise across the next year in in Burk's Falls? There are a number of real estate indicators to consider.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Burk's Falls 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 $164,000
3 bedrooms $192,450
4 bedrooms $224,200
5 bedrooms $392,450
Demographics
  • Population in 2011967
  • Population in 2006893
  • 2006 to 2011 population change (%)8.3
  • Total private dwellings476
  • Private dwellings occupied by usual residents455
  • Population density per square kilometre309.9
  • Land area (square km)3.12
  • Age Characteristics
    Total population by age groups 965
    0 to 4 years 45
    5 to 9 years 50
    10 to 14 years 60
    15 to 19 years 75
    15 years 5
    16 years 20
    17 years 15
    18 years 10
    19 years 20
    20 to 24 years 45
    25 to 29 years 50
    30 to 34 years 40
    35 to 39 years 60
    40 to 44 years 65
    45 to 49 years 75
    50 to 54 years 50
    55 to 59 years 70
    60 to 64 years 85
    65 to 69 years 65
    70 to 74 years 45
    75 to 79 years 35
    80 to 84 years 30
    85 years and over 20
    Median age of the population 44.2
    % of the population aged 15 and over 84.5
  • Marital Status
    Total population 15 years and over by marital status 815
    Married or living with a common-law partner 410
    Married (and not separated) 280
    Living common-law 130
    Not married and not living with a common-law partner 405
    Single (never legally married) 200
    Separated 35
    Divorced 85
    Widowed 90
    Family Characteristics
    Total number of census families in private households 270
    Size of census family: 2 persons 160
    Size of census family: 3 persons 50
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 20
    Total number of census families in private households 270
    Total couple families by family structure and number of children 200
    Married couples 140
    Without children at home 75
    With children at home 65
    1 child 25
    2 children 25
    3 or more children 20
    Common-law couples 65
    Without children at home 40
    With children at home 25
    1 child 15
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 70
    Female parent 55
    1 child 35
    2 children 15
    3 or more children 5
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 265
    Under six years of age 60
    6 to 14 years 95
    15 to 17 years 40
    18 to 24 years 45
    25 years and over 25
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 970
    Number of persons not in census families 225
    Living with relatives 20
    Living with non-relatives only 35
    Living alone 170
    Number of census family persons 740
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 205
    Number of persons not in census families aged 65 years and over 95
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 85
    Number of census family persons aged 65 years and over 105
    Total number of private households by household type 455
    Census-family households 265
    One-family-only households 250
    Couple-family households 190
    Without children 110
    With children 85
    Lone-parent-family households 55
    Other family households 15
    One-family households with persons not in a census family 15
    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 190
    One-person households 170
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 455
    Single-detached house 305
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 155
    Semi-detached house 20
    Row house 5
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 120
    Other single-attached house 0
    Total number of private households by household size 455
    1 person 170
    2 persons 165
    3 persons 55
    4 persons 40
    5 persons 20
    6 or more persons 10
    Number of persons in private households 965
    Average number of persons in private households 2.1
Census 2011

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