Real Estate Market Report for
Lewin's Cove, NL

Updated : Aug 2016
House
  • Median price $224,900
  • Monthly growth -3.24 %
  • Quarterly trend
  • Stock on market 0.83%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Lewin's Cove Home Price

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Canada’s national median home listing price this month is $290,900, which means that Lewin's Cove is close to average for Canada.

The $224,900 price tag on the median Lewin's Cove home means that it is about average price.

This month we track 138th neighbourhoods in Newfoundland and Labrador, and Lewin's Cove has the 138th most choice available for real estate investors.

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

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 Lewin's Cove, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 3, this month we show 2.

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 Lewin's Cove 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.

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $199,700
Demographics
  • Population in 2011555
  • Population in 2006566
  • 2006 to 2011 population change (%)-1.9
  • Total private dwellings241
  • Private dwellings occupied by usual residents223
  • Population density per square kilometre85.1
  • Land area (square km)6.52
  • Age Characteristics
    Total population by age groups 555
    0 to 4 years 25
    5 to 9 years 35
    10 to 14 years 30
    15 to 19 years 25
    15 years 5
    16 years 10
    17 years 0
    18 years 5
    19 years 5
    20 to 24 years 20
    25 to 29 years 20
    30 to 34 years 25
    35 to 39 years 40
    40 to 44 years 60
    45 to 49 years 50
    50 to 54 years 35
    55 to 59 years 50
    60 to 64 years 50
    65 to 69 years 35
    70 to 74 years 25
    75 to 79 years 10
    80 to 84 years 10
    85 years and over 0
    Median age of the population 44
    % of the population aged 15 and over 83.2
  • Marital Status
    Total population 15 years and over by marital status 460
    Married or living with a common-law partner 325
    Married (and not separated) 275
    Living common-law 45
    Not married and not living with a common-law partner 140
    Single (never legally married) 90
    Separated 10
    Divorced 25
    Widowed 20
    Family Characteristics
    Total number of census families in private households 185
    Size of census family: 2 persons 90
    Size of census family: 3 persons 50
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 5
    Total number of census families in private households 185
    Total couple families by family structure and number of children 160
    Married couples 135
    Without children at home 70
    With children at home 70
    1 child 40
    2 children 30
    3 or more children 0
    Common-law couples 20
    Without children at home 10
    With children at home 15
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 25
    Female parent 20
    1 child 10
    2 children 10
    3 or more children 5
    Male parent 0
    1 child 0
    2 children 0
    3 or more children 0
    Total children in census families in private households 165
    Under six years of age 30
    6 to 14 years 60
    15 to 17 years 15
    18 to 24 years 25
    25 years and over 25
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 555
    Number of persons not in census families 50
    Living with relatives 5
    Living with non-relatives only 10
    Living alone 35
    Number of census family persons 505
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 85
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 65
    Total number of private households by household type 220
    Census-family households 180
    One-family-only households 175
    Couple-family households 155
    Without children 80
    With children 80
    Lone-parent-family households 20
    Other family households 10
    One-family households with persons not in a census family 0
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 40
    One-person households 40
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 225
    Single-detached house 205
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 15
    Semi-detached house 0
    Row house 0
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 225
    1 person 35
    2 persons 85
    3 persons 55
    4 persons 40
    5 persons 5
    6 or more persons 5
    Number of persons in private households 555
    Average number of persons in private households 2.5
Census 2011

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