Real Estate Market Report for
Norman's Cove, NL

Updated : Aug 2016
House
  • Median price $229,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 1.23%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Norman's Cove Home Price

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Across the country as a whole, Norman's Cove is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

In Aug the median listed house price of $229,900 in Norman's Cove was an above average compared to the rest of Newfoundland and Labrador.

Newfoundland and Labrador has the second least amount of properties available to property investors, with Norman's Cove having 86th most in the province, out of a total of 197.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Norman's Cove have increased which would tend to indicate that demand is not as high as supply.

Is Norman's Cove 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 Norman's Cove, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $199,900
Demographics
  • Population in 2011720
  • Population in 2006773
  • 2006 to 2011 population change (%)-6.9
  • Total private dwellings324
  • Private dwellings occupied by usual residents286
  • Population density per square kilometre36
  • Land area (square km)19.98
  • Age Characteristics
    Total population by age groups 720
    0 to 4 years 25
    5 to 9 years 25
    10 to 14 years 35
    15 to 19 years 50
    15 years 10
    16 years 10
    17 years 10
    18 years 10
    19 years 10
    20 to 24 years 35
    25 to 29 years 25
    30 to 34 years 35
    35 to 39 years 30
    40 to 44 years 35
    45 to 49 years 55
    50 to 54 years 65
    55 to 59 years 80
    60 to 64 years 55
    65 to 69 years 65
    70 to 74 years 35
    75 to 79 years 20
    80 to 84 years 20
    85 years and over 15
    Median age of the population 50.3
    % of the population aged 15 and over 88.1
  • Marital Status
    Total population 15 years and over by marital status 635
    Married or living with a common-law partner 420
    Married (and not separated) 360
    Living common-law 65
    Not married and not living with a common-law partner 210
    Single (never legally married) 135
    Separated 15
    Divorced 20
    Widowed 50
    Family Characteristics
    Total number of census families in private households 240
    Size of census family: 2 persons 145
    Size of census family: 3 persons 45
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 10
    Total number of census families in private households 240
    Total couple families by family structure and number of children 210
    Married couples 180
    Without children at home 110
    With children at home 70
    1 child 30
    2 children 25
    3 or more children 10
    Common-law couples 30
    Without children at home 15
    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 30
    Female parent 20
    1 child 15
    2 children 0
    3 or more children 5
    Male parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 190
    Under six years of age 30
    6 to 14 years 55
    15 to 17 years 25
    18 to 24 years 45
    25 years and over 30
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 720
    Number of persons not in census families 85
    Living with relatives 25
    Living with non-relatives only 10
    Living alone 45
    Number of census family persons 635
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 165
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 35
    Number of census family persons aged 65 years and over 115
    Total number of private households by household type 285
    Census-family households 230
    One-family-only households 205
    Couple-family households 185
    Without children 110
    With children 70
    Lone-parent-family households 20
    Other family households 25
    One-family households with persons not in a census family 15
    Couple-family households 15
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 55
    One-person households 45
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 285
    Single-detached house 275
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 10
    Semi-detached house 0
    Row house 10
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 285
    1 person 45
    2 persons 130
    3 persons 50
    4 persons 45
    5 persons 10
    6 or more persons 5
    Number of persons in private households 720
    Average number of persons in private households 2.5
Census 2011

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