Real Estate Market Report for
Caraquet, NB

Updated : Aug 2016
House
  • Median price $119,900
  • Monthly growth 18.18 %
  • Quarterly trend
  • Stock on market 0.46%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Caraquet Home Price

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

Want a cheaply priced house? Then at $119,900 this month, Caraquet, New Brunswick is somewhere that you should look at price wise.

Caraquet’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

There are 421 neighbourhoods that have more properties on sale than Caraquet at the moment in New Brunswick which puts the neighbourhood top 40% when looking at the number of properties to choose from.

It’s never an exact art, but to try to forecast how property is going to appreciate in Caraquet for investors, it’s important to look at data like:

Over the last three months in Caraquet, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

Can we guarantee how well Caraquet 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 Caraquet have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $112,450
4 bedrooms $149,000
5 bedrooms $119,900
Demographics
  • Population in 20114169
  • Population in 20064156
  • 2006 to 2011 population change (%)0.3
  • Total private dwellings1943
  • Private dwellings occupied by usual residents1838
  • Population density per square kilometre61.1
  • Land area (square km)68.26
  • Age Characteristics
    Total population by age groups 4165
    0 to 4 years 140
    5 to 9 years 160
    10 to 14 years 200
    15 to 19 years 210
    15 years 35
    16 years 55
    17 years 40
    18 years 50
    19 years 30
    20 to 24 years 165
    25 to 29 years 205
    30 to 34 years 225
    35 to 39 years 210
    40 to 44 years 325
    45 to 49 years 325
    50 to 54 years 410
    55 to 59 years 415
    60 to 64 years 365
    65 to 69 years 230
    70 to 74 years 165
    75 to 79 years 145
    80 to 84 years 125
    85 years and over 145
    Median age of the population 48.5
    % of the population aged 15 and over 87.9
  • Marital Status
    Total population 15 years and over by marital status 3665
    Married or living with a common-law partner 2100
    Married (and not separated) 1380
    Living common-law 720
    Not married and not living with a common-law partner 1570
    Single (never legally married) 940
    Separated 180
    Divorced 180
    Widowed 275
    Family Characteristics
    Total number of census families in private households 1260
    Size of census family: 2 persons 750
    Size of census family: 3 persons 290
    Size of census family: 4 persons 185
    Size of census family: 5 or more persons 30
    Total number of census families in private households 1255
    Total couple families by family structure and number of children 1030
    Married couples 675
    Without children at home 410
    With children at home 260
    1 child 140
    2 children 100
    3 or more children 15
    Common-law couples 355
    Without children at home 185
    With children at home 175
    1 child 95
    2 children 70
    3 or more children 15
    Total lone-parent families by sex of parent and number of children 225
    Female parent 185
    1 child 125
    2 children 45
    3 or more children 15
    Male parent 40
    1 child 25
    2 children 10
    3 or more children 5
    Total children in census families in private households 995
    Under six years of age 170
    6 to 14 years 325
    15 to 17 years 125
    18 to 24 years 205
    25 years and over 170
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 4020
    Number of persons not in census families 740
    Living with relatives 70
    Living with non-relatives only 130
    Living alone 535
    Number of census family persons 3285
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 700
    Number of persons not in census families aged 65 years and over 230
    Living with relatives 35
    Living with non-relatives only 20
    Living alone 175
    Number of census family persons aged 65 years and over 465
    Total number of private households by household type 1835
    Census-family households 1240
    One-family-only households 1160
    Couple-family households 970
    Without children 565
    With children 405
    Lone-parent-family households 185
    Other family households 80
    One-family households with persons not in a census family 65
    Couple-family households 35
    Without children 15
    With children 20
    Lone-parent-family households 25
    Two-or-more-family households 20
    Non-census-family households 595
    One-person households 540
    Two-or-more-person households 60
    Total number of occupied private dwellings by structural type of dwelling 1835
    Single-detached house 1380
    Apartment, building that has five or more storeys 0
    Movable dwelling 120
    Other dwelling 340
    Semi-detached house 40
    Row house 20
    Apartment, duplex 75
    Apartment, building that has fewer than five storeys 190
    Other single-attached house 15
    Total number of private households by household size 1840
    1 person 540
    2 persons 740
    3 persons 305
    4 persons 200
    5 persons 40
    6 or more persons 15
    Number of persons in private households 4025
    Average number of persons in private households 2.2
Census 2011

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