Real Estate Market Report for
Falkland Ridge, NS

Updated : Jun 2016
House
  • Median price $54,150
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.11%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Falkland Ridge Home Price

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Canada’s national median home listing price this month is $310,000, which means that Falkland Ridge is in the cheapest 20% for Canada.

The median house price listed in Falkland Ridge this month is $54,150.

According to our stats, Falkland Ridge is the neighbourhood that has the 521th most properties available to real estate investors in Nova Scotia.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Falkland Ridge will hopefully provide an indicator to help you where to research in-depth

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

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

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.

Demographics
  • Population in 20112903
  • Population in 20063007
  • 2006 to 2011 population change (%)-3.5
  • Total private dwellings1811
  • Private dwellings occupied by usual residents1242
  • Population density per square kilometre1.5
  • Land area (square km)1978.7
  • Age Characteristics
    Total population by age groups 2905
    0 to 4 years 130
    5 to 9 years 145
    10 to 14 years 180
    15 to 19 years 155
    15 years 35
    16 years 25
    17 years 30
    18 years 35
    19 years 30
    20 to 24 years 125
    25 to 29 years 110
    30 to 34 years 120
    35 to 39 years 165
    40 to 44 years 170
    45 to 49 years 235
    50 to 54 years 325
    55 to 59 years 265
    60 to 64 years 240
    65 to 69 years 210
    70 to 74 years 165
    75 to 79 years 90
    80 to 84 years 50
    85 years and over 35
    Median age of the population 48.5
    % of the population aged 15 and over 84.3
  • Marital Status
    Total population 15 years and over by marital status 2450
    Married or living with a common-law partner 1670
    Married (and not separated) 1370
    Living common-law 300
    Not married and not living with a common-law partner 775
    Single (never legally married) 420
    Separated 70
    Divorced 130
    Widowed 150
    Family Characteristics
    Total number of census families in private households 955
    Size of census family: 2 persons 605
    Size of census family: 3 persons 175
    Size of census family: 4 persons 120
    Size of census family: 5 or more persons 55
    Total number of census families in private households 960
    Total couple families by family structure and number of children 830
    Married couples 685
    Without children at home 430
    With children at home 250
    1 child 115
    2 children 95
    3 or more children 40
    Common-law couples 150
    Without children at home 90
    With children at home 55
    1 child 20
    2 children 25
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 125
    Female parent 90
    1 child 60
    2 children 25
    3 or more children 5
    Male parent 35
    1 child 20
    2 children 10
    3 or more children 5
    Total children in census families in private households 735
    Under six years of age 165
    6 to 14 years 285
    15 to 17 years 85
    18 to 24 years 125
    25 years and over 70
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 2900
    Number of persons not in census families 375
    Living with relatives 55
    Living with non-relatives only 55
    Living alone 270
    Number of census family persons 2525
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 545
    Number of persons not in census families aged 65 years and over 135
    Living with relatives 30
    Living with non-relatives only 10
    Living alone 100
    Number of census family persons aged 65 years and over 410
    Total number of private households by household type 1240
    Census-family households 950
    One-family-only households 890
    Couple-family households 795
    Without children 510
    With children 285
    Lone-parent-family households 100
    Other family households 60
    One-family households with persons not in a census family 50
    Couple-family households 30
    Without children 15
    With children 15
    Lone-parent-family households 20
    Two-or-more-family households 10
    Non-census-family households 290
    One-person households 265
    Two-or-more-person households 25
    Total number of occupied private dwellings by structural type of dwelling 1240
    Single-detached house 1120
    Apartment, building that has five or more storeys 0
    Movable dwelling 105
    Other dwelling 20
    Semi-detached house 5
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 5
    Other single-attached house 0
    Total number of private households by household size 1245
    1 person 265
    2 persons 590
    3 persons 190
    4 persons 125
    5 persons 50
    6 or more persons 25
    Number of persons in private households 2900
    Average number of persons in private households 2.3
Census 2011

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