Real Estate Market Report for
Pasadena, NL

Updated : Aug 2016
House
  • Median price $299,500
  • Monthly growth 3.45 %
  • Quarterly trend
  • Stock on market 1.68%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Pasadena Home Price

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Across the country as a whole, Pasadena is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

When our research team crunched the numbers we calculated that Pasadena has a median home price of $299,500.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.

This month we track 23th neighbourhoods in Newfoundland and Labrador, and Pasadena has the 23th most choice available for real estate investors.

Newfoundland and Labrador has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Pasadena, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 31, this month we show 24.

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

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

If you are looking at investment properties in Pasadena, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
3 bedrooms $299,500
4 bedrooms $219,900
5 bedrooms $374,500
Demographics
  • Population in 20113352
  • Population in 20063180
  • 2006 to 2011 population change (%)5.4
  • Total private dwellings1428
  • Private dwellings occupied by usual residents1344
  • Population density per square kilometre68.2
  • Land area (square km)49.16
  • Age Characteristics
    Total population by age groups 3350
    0 to 4 years 150
    5 to 9 years 185
    10 to 14 years 180
    15 to 19 years 185
    15 years 40
    16 years 30
    17 years 35
    18 years 40
    19 years 40
    20 to 24 years 180
    25 to 29 years 110
    30 to 34 years 200
    35 to 39 years 200
    40 to 44 years 255
    45 to 49 years 265
    50 to 54 years 295
    55 to 59 years 295
    60 to 64 years 340
    65 to 69 years 220
    70 to 74 years 135
    75 to 79 years 75
    80 to 84 years 55
    85 years and over 25
    Median age of the population 45.5
    % of the population aged 15 and over 84.7
  • Marital Status
    Total population 15 years and over by marital status 2840
    Married or living with a common-law partner 2045
    Married (and not separated) 1760
    Living common-law 290
    Not married and not living with a common-law partner 790
    Single (never legally married) 525
    Separated 50
    Divorced 95
    Widowed 120
    Family Characteristics
    Total number of census families in private households 1150
    Size of census family: 2 persons 675
    Size of census family: 3 persons 250
    Size of census family: 4 persons 190
    Size of census family: 5 or more persons 40
    Total number of census families in private households 1150
    Total couple families by family structure and number of children 1020
    Married couples 875
    Without children at home 510
    With children at home 365
    1 child 180
    2 children 165
    3 or more children 25
    Common-law couples 140
    Without children at home 75
    With children at home 70
    1 child 40
    2 children 20
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 130
    Female parent 100
    1 child 70
    2 children 25
    3 or more children 5
    Male parent 25
    1 child 15
    2 children 5
    3 or more children 5
    Total children in census families in private households 880
    Under six years of age 185
    6 to 14 years 320
    15 to 17 years 105
    18 to 24 years 195
    25 years and over 75
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 3350
    Number of persons not in census families 295
    Living with relatives 45
    Living with non-relatives only 60
    Living alone 200
    Number of census family persons 3050
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 505
    Number of persons not in census families aged 65 years and over 105
    Living with relatives 15
    Living with non-relatives only 5
    Living alone 85
    Number of census family persons aged 65 years and over 405
    Total number of private households by household type 1340
    Census-family households 1130
    One-family-only households 1055
    Couple-family households 955
    Without children 550
    With children 410
    Lone-parent-family households 95
    Other family households 75
    One-family households with persons not in a census family 50
    Couple-family households 35
    Without children 15
    With children 20
    Lone-parent-family households 15
    Two-or-more-family households 25
    Non-census-family households 220
    One-person households 195
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 1345
    Single-detached house 1185
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 165
    Semi-detached house 20
    Row house 45
    Apartment, duplex 65
    Apartment, building that has fewer than five storeys 30
    Other single-attached house 0
    Total number of private households by household size 1345
    1 person 200
    2 persons 625
    3 persons 255
    4 persons 210
    5 persons 50
    6 or more persons 10
    Number of persons in private households 3350
    Average number of persons in private households 2.5
Census 2011

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