Real Estate Market Report for
Rivière-Verte, NB

Updated : Aug 2016
House
  • Median price $81,200
  • Monthly growth 29.92 %
  • Quarterly trend
  • Stock on market 1.13%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Rivière-Verte Home Price

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The median asking price in Rivière-Verte is $81,200, quite a drop from the median three months ago which was $95,750 .

While the median for New Brunswick is $169,900 , which means that Rivière-Verte’s median price is $81,200 a lot lower than the rest of the province.

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.

There are 421 neighbourhoods that have more properties on sale than Rivière-Verte at the moment in New Brunswick which puts the neighbourhood middle range when looking at the number of properties to choose from.

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

Over the last three months in Rivière-Verte, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

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.

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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Rivière-Verte there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
3 bedrooms $72,500
Demographics
  • Population in 2011744
  • Population in 2006798
  • 2006 to 2011 population change (%)-6.8
  • Total private dwellings354
  • Private dwellings occupied by usual residents333
  • Population density per square kilometre106.3
  • Land area (square km)7
  • Age Characteristics
    Total population by age groups 745
    0 to 4 years 25
    5 to 9 years 35
    10 to 14 years 35
    15 to 19 years 30
    15 years 0
    16 years 5
    17 years 5
    18 years 15
    19 years 10
    20 to 24 years 35
    25 to 29 years 40
    30 to 34 years 35
    35 to 39 years 40
    40 to 44 years 50
    45 to 49 years 70
    50 to 54 years 75
    55 to 59 years 70
    60 to 64 years 55
    65 to 69 years 50
    70 to 74 years 35
    75 to 79 years 35
    80 to 84 years 20
    85 years and over 10
    Median age of the population 48.9
    % of the population aged 15 and over 87.4
  • Marital Status
    Total population 15 years and over by marital status 650
    Married or living with a common-law partner 390
    Married (and not separated) 295
    Living common-law 95
    Not married and not living with a common-law partner 260
    Single (never legally married) 150
    Separated 25
    Divorced 25
    Widowed 55
    Family Characteristics
    Total number of census families in private households 235
    Size of census family: 2 persons 130
    Size of census family: 3 persons 70
    Size of census family: 4 persons 25
    Size of census family: 5 or more persons 5
    Total number of census families in private households 235
    Total couple families by family structure and number of children 195
    Married couples 145
    Without children at home 85
    With children at home 65
    1 child 40
    2 children 20
    3 or more children 5
    Common-law couples 50
    Without children at home 20
    With children at home 25
    1 child 20
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 40
    Female parent 30
    1 child 25
    2 children 5
    3 or more children 0
    Male parent 10
    1 child 5
    2 children 5
    3 or more children 0
    Total children in census families in private households 185
    Under six years of age 25
    6 to 14 years 65
    15 to 17 years 15
    18 to 24 years 35
    25 years and over 45
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 730
    Number of persons not in census families 120
    Living with relatives 10
    Living with non-relatives only 15
    Living alone 95
    Number of census family persons 610
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 145
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 35
    Number of census family persons aged 65 years and over 95
    Total number of private households by household type 335
    Census-family households 235
    One-family-only households 220
    Couple-family households 185
    Without children 100
    With children 85
    Lone-parent-family households 40
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 5
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 100
    One-person households 95
    Two-or-more-person households 10
    Total number of occupied private dwellings by structural type of dwelling 335
    Single-detached house 270
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 60
    Semi-detached house 15
    Row house 5
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 25
    Other single-attached house 5
    Total number of private households by household size 335
    1 person 90
    2 persons 135
    3 persons 65
    4 persons 30
    5 persons 5
    6 or more persons 5
    Number of persons in private households 735
    Average number of persons in private households 2.2
Census 2011

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