Real Estate Market Report for
Damascus, NB

Updated : Jun 2016
House
  • Median price $139,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.18%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Damascus Home Price

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When looking across the province, Damascus is the 228th most expensive in New Brunswick.

With Damascus’s median house price at $139,900 in Jun , it is about average compared to the rest of New Brunswick.

Across New Brunswick Damascus has the 297th most properties on offer with 414.

Is Damascus a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Damascus 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.

In Damascus, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Demographics
  • Population in 20112734
  • Population in 20062724
  • 2006 to 2011 population change (%)0.4
  • Total private dwellings1120
  • Private dwellings occupied by usual residents1021
  • Population density per square kilometre22.5
  • Land area (square km)121.39
  • Age Characteristics
    Total population by age groups 2730
    0 to 4 years 150
    5 to 9 years 140
    10 to 14 years 165
    15 to 19 years 195
    15 years 35
    16 years 40
    17 years 50
    18 years 30
    19 years 35
    20 to 24 years 155
    25 to 29 years 120
    30 to 34 years 180
    35 to 39 years 175
    40 to 44 years 170
    45 to 49 years 235
    50 to 54 years 240
    55 to 59 years 275
    60 to 64 years 180
    65 to 69 years 140
    70 to 74 years 80
    75 to 79 years 45
    80 to 84 years 50
    85 years and over 30
    Median age of the population 42.9
    % of the population aged 15 and over 83.3
  • Marital Status
    Total population 15 years and over by marital status 2280
    Married or living with a common-law partner 1500
    Married (and not separated) 1320
    Living common-law 175
    Not married and not living with a common-law partner 780
    Single (never legally married) 515
    Separated 40
    Divorced 100
    Widowed 120
    Family Characteristics
    Total number of census families in private households 860
    Size of census family: 2 persons 445
    Size of census family: 3 persons 185
    Size of census family: 4 persons 170
    Size of census family: 5 or more persons 55
    Total number of census families in private households 860
    Total couple families by family structure and number of children 745
    Married couples 655
    Without children at home 325
    With children at home 330
    1 child 130
    2 children 150
    3 or more children 50
    Common-law couples 90
    Without children at home 55
    With children at home 35
    1 child 25
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 115
    Female parent 85
    1 child 45
    2 children 30
    3 or more children 10
    Male parent 25
    1 child 20
    2 children 5
    3 or more children 5
    Total children in census families in private households 825
    Under six years of age 180
    6 to 14 years 275
    15 to 17 years 115
    18 to 24 years 175
    25 years and over 80
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 2695
    Number of persons not in census families 270
    Living with relatives 50
    Living with non-relatives only 45
    Living alone 175
    Number of census family persons 2425
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 325
    Number of persons not in census families aged 65 years and over 95
    Living with relatives 15
    Living with non-relatives only 5
    Living alone 75
    Number of census family persons aged 65 years and over 235
    Total number of private households by household type 1025
    Census-family households 830
    One-family-only households 745
    Couple-family households 665
    Without children 340
    With children 320
    Lone-parent-family households 85
    Other family households 80
    One-family households with persons not in a census family 55
    Couple-family households 45
    Without children 20
    With children 25
    Lone-parent-family households 10
    Two-or-more-family households 30
    Non-census-family households 195
    One-person households 175
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 1025
    Single-detached house 935
    Apartment, building that has five or more storeys 0
    Movable dwelling 65
    Other dwelling 20
    Semi-detached house 5
    Row house 0
    Apartment, duplex 15
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 5
    Total number of private households by household size 1025
    1 person 175
    2 persons 405
    3 persons 180
    4 persons 175
    5 persons 65
    6 or more persons 25
    Number of persons in private households 2695
    Average number of persons in private households 2.6
Census 2011

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