Real Estate Market Report for
Summerford, NL

Updated : Sep 2015
House
  • Median price $157,200
  • Monthly growth
  • Quarterly trend
  • Stock on market 0.50%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Summerford Home Price

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

While the median for Newfoundland and Labrador is $189,750 , which means that Summerford’s median price is $157,200 below average than the rest of the province.

If you’re looking at investment properties in Summerford, then you’re most likely to find homes with 4 bedrooms on sale this month.

This month we track 148th neighbourhoods in Newfoundland and Labrador, and Summerford has the 148th most choice available for real estate investors.

When we look at the data we have, it can help with trying to establish whether or not Summerford is a good investment target.

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

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.

As one of Newfoundland and Labrador’s many potential real estate investment neighbourhoods, Summerford 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.

Beds Median price (House) Median price (Apartment)
4 bedrooms $157,200
Demographics
  • Population in 2011853
  • Population in 2006976
  • 2006 to 2011 population change (%)-12.6
  • Total private dwellings401
  • Private dwellings occupied by usual residents368
  • Population density per square kilometre53.1
  • Land area (square km)16.06
  • Age Characteristics
    Total population by age groups 850
    0 to 4 years 35
    5 to 9 years 20
    10 to 14 years 45
    15 to 19 years 45
    15 years 5
    16 years 15
    17 years 10
    18 years 10
    19 years 10
    20 to 24 years 35
    25 to 29 years 35
    30 to 34 years 40
    35 to 39 years 60
    40 to 44 years 75
    45 to 49 years 75
    50 to 54 years 75
    55 to 59 years 85
    60 to 64 years 85
    65 to 69 years 70
    70 to 74 years 40
    75 to 79 years 25
    80 to 84 years 15
    85 years and over 10
    Median age of the population 48.2
    % of the population aged 15 and over 88.7
  • Marital Status
    Total population 15 years and over by marital status 755
    Married or living with a common-law partner 510
    Married (and not separated) 450
    Living common-law 60
    Not married and not living with a common-law partner 250
    Single (never legally married) 165
    Separated 20
    Divorced 20
    Widowed 35
    Family Characteristics
    Total number of census families in private households 290
    Size of census family: 2 persons 180
    Size of census family: 3 persons 65
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 10
    Total number of census families in private households 290
    Total couple families by family structure and number of children 250
    Married couples 225
    Without children at home 140
    With children at home 80
    1 child 50
    2 children 25
    3 or more children 10
    Common-law couples 30
    Without children at home 10
    With children at home 20
    1 child 10
    2 children 0
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 40
    Female parent 30
    1 child 20
    2 children 5
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 205
    Under six years of age 35
    6 to 14 years 55
    15 to 17 years 25
    18 to 24 years 45
    25 years and over 40
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 845
    Number of persons not in census families 95
    Living with relatives 15
    Living with non-relatives only 15
    Living alone 75
    Number of census family persons 750
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 155
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 30
    Number of census family persons aged 65 years and over 125
    Total number of private households by household type 370
    Census-family households 290
    One-family-only households 275
    Couple-family households 245
    Without children 150
    With children 95
    Lone-parent-family households 35
    Other family households 10
    One-family households with persons not in a census family 5
    Couple-family households 0
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 80
    One-person households 70
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 370
    Single-detached house 345
    Apartment, building that has five or more storeys 0
    Movable dwelling 5
    Other dwelling 20
    Semi-detached house 0
    Row house 0
    Apartment, duplex 0
    Apartment, building that has fewer than five storeys 20
    Other single-attached house 0
    Total number of private households by household size 365
    1 person 75
    2 persons 175
    3 persons 70
    4 persons 40
    5 persons 10
    6 or more persons 5
    Number of persons in private households 845
    Average number of persons in private households 2.3
Census 2011

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