Real Estate Market Report for
Fairhaven, NB

Updated : Aug 2016
House
  • Median price $67,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.62%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Fairhaven Home Price

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When looking across the province, Fairhaven is the 386th most expensive in New Brunswick.

Fairhaven, New Brunswick has a median house price of $67,000 when compiling all the home listings in Aug .

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Will prices rise across the next year in in Fairhaven? 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 Fairhaven, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 4, this month we show 3.

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.

When we look at the data we have, it can help with trying to establish whether or not Fairhaven is a good investment target.

Beds Median price (House) Median price (Apartment)
3 bedrooms $58,000
Demographics
  • Population in 2011731
  • Population in 2006824
  • 2006 to 2011 population change (%)-11.3
  • Total private dwellings485
  • Private dwellings occupied by usual residents330
  • Population density per square kilometre19.2
  • Land area (square km)38.01
  • Age Characteristics
    Total population by age groups 730
    0 to 4 years 30
    5 to 9 years 30
    10 to 14 years 40
    15 to 19 years 55
    15 years 5
    16 years 10
    17 years 15
    18 years 5
    19 years 15
    20 to 24 years 25
    25 to 29 years 35
    30 to 34 years 35
    35 to 39 years 35
    40 to 44 years 50
    45 to 49 years 70
    50 to 54 years 65
    55 to 59 years 60
    60 to 64 years 55
    65 to 69 years 60
    70 to 74 years 30
    75 to 79 years 30
    80 to 84 years 15
    85 years and over 20
    Median age of the population 47.5
    % of the population aged 15 and over 86.7
  • Marital Status
    Total population 15 years and over by marital status 635
    Married or living with a common-law partner 395
    Married (and not separated) 340
    Living common-law 50
    Not married and not living with a common-law partner 240
    Single (never legally married) 135
    Separated 25
    Divorced 30
    Widowed 45
    Family Characteristics
    Total number of census families in private households 230
    Size of census family: 2 persons 130
    Size of census family: 3 persons 55
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 10
    Total number of census families in private households 230
    Total couple families by family structure and number of children 195
    Married couples 165
    Without children at home 95
    With children at home 70
    1 child 35
    2 children 25
    3 or more children 10
    Common-law couples 25
    Without children at home 10
    With children at home 15
    1 child 10
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 35
    Female parent 15
    1 child 15
    2 children 5
    3 or more children 0
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 190
    Under six years of age 35
    6 to 14 years 60
    15 to 17 years 35
    18 to 24 years 40
    25 years and over 20
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 725
    Number of persons not in census families 115
    Living with relatives 0
    Living with non-relatives only 20
    Living alone 100
    Number of census family persons 610
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 155
    Number of persons not in census families aged 65 years and over 55
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 50
    Number of census family persons aged 65 years and over 100
    Total number of private households by household type 330
    Census-family households 225
    One-family-only households 215
    Couple-family households 190
    Without children 105
    With children 85
    Lone-parent-family households 25
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 105
    One-person households 100
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 330
    Single-detached house 310
    Apartment, building that has five or more storeys 0
    Movable dwelling 10
    Other dwelling 10
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 330
    1 person 100
    2 persons 130
    3 persons 55
    4 persons 30
    5 persons 10
    6 or more persons 5
    Number of persons in private households 730
    Average number of persons in private households 2.2
Census 2011

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