Real Estate Market Report for
Riverview, NB

Updated : Aug 2016
House
  • Median price $174,900
  • Monthly growth 39.97 %
  • Quarterly trend
  • Stock on market 2.40%
Apartment
  • Median price $194,500
  • Monthly growth 65.67 %
  • Quarterly trend
  • Stock on market 0.11%
Riverview Home Price

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With a median listing price of $174,900, Riverview is Canada’s 3401th most expensive when ordered by median listing price.

While the median for New Brunswick is $169,900 , which means that Riverview’s median price is $174,900 below average than the rest of the province.

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

According to our stats, Riverview is the neighbourhood that has the 5th most properties available to real estate investors in New Brunswick.

As one of New Brunswick’s many potential real estate investment neighbourhoods, Riverview 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.

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 Riverview have dried up which would tend to indicate that demand is higher than the supply of new properties.

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

In Aug the median listed house price of $194,500 in Riverview was an impressive compared to the rest of New Brunswick.

2 bedroom properties are the most common available for real estate investors this month in neighbourhood.

From our data, it appears that neighbourhood is number 428th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 50.

New Brunswick 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 Riverview, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 13, this month we show 9.

Beds Median price (House) Median price (Apartment)
2 bedrooms $127,000 $209,900
3 bedrooms $159,900
4 bedrooms $233,700
5 bedrooms $199,900
Demographics
  • Population in 201119128
  • Population in 200617832
  • 2006 to 2011 population change (%)7.3
  • Total private dwellings8031
  • Private dwellings occupied by usual residents7743
  • Population density per square kilometre564.6
  • Land area (square km)33.88
  • Age Characteristics
    Total population by age groups 19125
    0 to 4 years 1000
    5 to 9 years 1090
    10 to 14 years 1190
    15 to 19 years 1265
    15 years 260
    16 years 250
    17 years 250
    18 years 260
    19 years 245
    20 to 24 years 1065
    25 to 29 years 1030
    30 to 34 years 1200
    35 to 39 years 1380
    40 to 44 years 1390
    45 to 49 years 1560
    50 to 54 years 1330
    55 to 59 years 1260
    60 to 64 years 1320
    65 to 69 years 1025
    70 to 74 years 695
    75 to 79 years 485
    80 to 84 years 400
    85 years and over 430
    Median age of the population 41.1
    % of the population aged 15 and over 82.8
  • Marital Status
    Total population 15 years and over by marital status 15850
    Married or living with a common-law partner 9900
    Married (and not separated) 8470
    Living common-law 1435
    Not married and not living with a common-law partner 5945
    Single (never legally married) 3660
    Separated 500
    Divorced 840
    Widowed 940
    Family Characteristics
    Total number of census families in private households 5785
    Size of census family: 2 persons 3055
    Size of census family: 3 persons 1235
    Size of census family: 4 persons 1130
    Size of census family: 5 or more persons 365
    Total number of census families in private households 5785
    Total couple families by family structure and number of children 4915
    Married couples 4195
    Without children at home 2085
    With children at home 2110
    1 child 825
    2 children 965
    3 or more children 320
    Common-law couples 715
    Without children at home 420
    With children at home 300
    1 child 160
    2 children 110
    3 or more children 35
    Total lone-parent families by sex of parent and number of children 875
    Female parent 700
    1 child 430
    2 children 210
    3 or more children 60
    Male parent 175
    1 child 120
    2 children 45
    3 or more children 15
    Total children in census families in private households 5555
    Under six years of age 1195
    6 to 14 years 2080
    15 to 17 years 740
    18 to 24 years 1085
    25 years and over 455
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 18955
    Number of persons not in census families 2695
    Living with relatives 260
    Living with non-relatives only 670
    Living alone 1775
    Number of census family persons 16255
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 2880
    Number of persons not in census families aged 65 years and over 910
    Living with relatives 90
    Living with non-relatives only 45
    Living alone 770
    Number of census family persons aged 65 years and over 1975
    Total number of private households by household type 7745
    Census-family households 5690
    One-family-only households 5320
    Couple-family households 4630
    Without children 2335
    With children 2295
    Lone-parent-family households 685
    Other family households 370
    One-family households with persons not in a census family 275
    Couple-family households 150
    Without children 75
    With children 75
    Lone-parent-family households 125
    Two-or-more-family households 95
    Non-census-family households 2050
    One-person households 1775
    Two-or-more-person households 280
    Total number of occupied private dwellings by structural type of dwelling 7745
    Single-detached house 5315
    Apartment, building that has five or more storeys 200
    Movable dwelling 375
    Other dwelling 1860
    Semi-detached house 460
    Row house 380
    Apartment, duplex 150
    Apartment, building that has fewer than five storeys 865
    Other single-attached house 0
    Total number of private households by household size 7745
    1 person 1775
    2 persons 3010
    3 persons 1285
    4 persons 1200
    5 persons 365
    6 or more persons 105
    Number of persons in private households 18955
    Average number of persons in private households 2.4
Census 2011

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