Real Estate Market Report for
Mahone Bay, NS

Updated : Aug 2016
House
  • Median price $417,000
  • Monthly growth 82.09 %
  • Quarterly trend
  • Stock on market 3.47%
Apartment
  • Median price $219,000
  • Monthly growth 17.45 %
  • Quarterly trend
  • Stock on market 0.58%
Mahone Bay Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Mahone Bay is number 688 putting it ahead of most neighbourhoods .

Want a cheaply priced house? Then at $417,000 this month, Mahone Bay, Nova Scotia is definitely not for you price wise.

From our data, it appears that neighbourhood is number 1350th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

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

Over the last three months in Mahone Bay, housing stock available seems to be falling – this could mean that homes values might increase faster.

Canada’s national median home listing price this month is $244,900, which means that Mahone Bay is close to average for Canada.

In Aug the median listed house price of $219,000 in Mahone Bay was an above average compared to the rest of Nova Scotia.

Across Nova Scotia Mahone Bay has the 29th most properties on offer with 51.

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

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Beds Median price (House) Median price (Apartment)
2 bedrooms $252,450 $217,500
3 bedrooms $349,000
4 bedrooms $329,000
Demographics
  • Population in 2011943
  • Population in 2006904
  • 2006 to 2011 population change (%)4.3
  • Total private dwellings518
  • Private dwellings occupied by usual residents444
  • Population density per square kilometre301.4
  • Land area (square km)3.13
  • Age Characteristics
    Total population by age groups 940
    0 to 4 years 30
    5 to 9 years 40
    10 to 14 years 40
    15 to 19 years 20
    15 years 5
    16 years 5
    17 years 5
    18 years 10
    19 years 5
    20 to 24 years 30
    25 to 29 years 25
    30 to 34 years 40
    35 to 39 years 30
    40 to 44 years 60
    45 to 49 years 70
    50 to 54 years 75
    55 to 59 years 80
    60 to 64 years 95
    65 to 69 years 75
    70 to 74 years 55
    75 to 79 years 55
    80 to 84 years 50
    85 years and over 75
    Median age of the population 55.5
    % of the population aged 15 and over 88
  • Marital Status
    Total population 15 years and over by marital status 830
    Married or living with a common-law partner 475
    Married (and not separated) 415
    Living common-law 65
    Not married and not living with a common-law partner 350
    Single (never legally married) 145
    Separated 20
    Divorced 70
    Widowed 120
    Family Characteristics
    Total number of census families in private households 260
    Size of census family: 2 persons 170
    Size of census family: 3 persons 50
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 10
    Total number of census families in private households 265
    Total couple families by family structure and number of children 235
    Married couples 205
    Without children at home 130
    With children at home 80
    1 child 35
    2 children 25
    3 or more children 10
    Common-law couples 30
    Without children at home 20
    With children at home 10
    1 child 5
    2 children 0
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 30
    Female parent 25
    1 child 20
    2 children 5
    3 or more children 0
    Male parent 10
    1 child 0
    2 children 5
    3 or more children 0
    Total children in census families in private households 175
    Under six years of age 35
    6 to 14 years 80
    15 to 17 years 10
    18 to 24 years 25
    25 years and over 25
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 880
    Number of persons not in census families 205
    Living with relatives 10
    Living with non-relatives only 25
    Living alone 175
    Number of census family persons 675
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 250
    Number of persons not in census families aged 65 years and over 105
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 95
    Number of census family persons aged 65 years and over 150
    Total number of private households by household type 445
    Census-family households 260
    One-family-only households 245
    Couple-family households 225
    Without children 140
    With children 80
    Lone-parent-family households 25
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 0
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 185
    One-person households 175
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 445
    Single-detached house 305
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 135
    Semi-detached house 10
    Row house 10
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 125
    Other single-attached house 0
    Total number of private households by household size 445
    1 person 175
    2 persons 170
    3 persons 55
    4 persons 40
    5 persons 10
    6 or more persons 0
    Number of persons in private households 880
    Average number of persons in private households 2
Census 2011

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