Real Estate Market Report for
Red Bay, ON

Updated : Jun 2016

House

Median price $163,200
Monthly growth -5.33 %
Quarterly trend
Stock on market 0.03%

Apartment

Median price
Monthly growth
Quarterly trend
Stock on market

Red Bay Home Price

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House Report
Apartment Report

When looking across the province, Red Bay is the 1051th most expensive in Ontario.

Want a cheaply priced house? Then at $163,200 this month, Red Bay, Ontario do not consider price wise.

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.

This month we track 995th neighbourhoods in Ontario, and Red Bay has the 995th most choice available for real estate investors.

Will prices rise across the next year in in Red Bay? There are a number of real estate indicators to consider.

If you are looking at investment properties in Red Bay, 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.

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

In Red Bay, housing stock has stayed the same over the last three months, which would tend to mean that home supply and demand are equal.

Research property data for another neighbourhood

Beds	Median price (House)	Median price (Apartment)
3 bedrooms	$237,450

Demographics

Population in 20118413
Population in 20068415
2006 to 2011 population change (%)0
Total private dwellings6959
Private dwellings occupied by usual residents3651
Population density per square kilometre15.6
Land area (square km)538.32

Age Characteristics

Total population by age groups	8410
0 to 4 years	350
5 to 9 years	325
10 to 14 years	375
15 to 19 years	455
15 years	100
16 years	85
17 years	95
18 years	90
19 years	85
20 to 24 years	405
25 to 29 years	380
30 to 34 years	315
35 to 39 years	335
40 to 44 years	435
45 to 49 years	610
50 to 54 years	635
55 to 59 years	775
60 to 64 years	805
65 to 69 years	680
70 to 74 years	590
75 to 79 years	385
80 to 84 years	310
85 years and over	255
Median age of the population	51.9
% of the population aged 15 and over	87.6

Marital Status

Total population 15 years and over by marital status	7365
Married or living with a common-law partner	4755
Married (and not separated)	4020
Living common-law	730
Not married and not living with a common-law partner	2610
Single (never legally married)	1405
Separated	190
Divorced	410
Widowed	600

Family Characteristics

Total number of census families in private households	2635
Size of census family: 2 persons	1680
Size of census family: 3 persons	445
Size of census family: 4 persons	365
Size of census family: 5 or more persons	155
Total number of census families in private households	2635
Total couple families by family structure and number of children	2325
Married couples	1960
Without children at home	1260
With children at home	700
1 child	295
2 children	290
3 or more children	120
Common-law couples	365
Without children at home	225
With children at home	140
1 child	70
2 children	50
3 or more children	25
Total lone-parent families by sex of parent and number of children	310
Female parent	225
1 child	145
2 children	60
3 or more children	25
Male parent	80
1 child	50
2 children	20
3 or more children	10
Total children in census families in private households	1975
Under six years of age	420
6 to 14 years	625
15 to 17 years	270
18 to 24 years	430
25 years and over	240
Average number of children at home per census family	0.7

Household And Dwelling Characteristics

Total number of persons in private households	8210
Number of persons not in census families	1275
Living with relatives	125
Living with non-relatives only	165
Living alone	985
Number of census family persons	6940
Average number of persons per census family	2.6
Total number of persons 65 years and over in private households	2080
Number of persons not in census families aged 65 years and over	570
Living with relatives	40
Living with non-relatives only	40
Living alone	490
Number of census family persons aged 65 years and over	1505
Total number of private households by household type	3650
Census-family households	2585
One-family-only households	2440
Couple-family households	2205
Without children	1415
With children	795
Lone-parent-family households	235
Other family households	145
One-family households with persons not in a census family	95
Couple-family households	60
Without children	35
With children	30
Lone-parent-family households	35
Two-or-more-family households	45
Non-census-family households	1060
One-person households	985
Two-or-more-person households	80
Total number of occupied private dwellings by structural type of dwelling	3650
Single-detached house	3265
Apartment, building that has five or more storeys	0
Movable dwelling	5
Other dwelling	375
Semi-detached house	25
Row house	30
Apartment, duplex	15
Apartment, building that has fewer than five storeys	285
Other single-attached house	30
Total number of private households by household size	3650
1 person	985
2 persons	1630
3 persons	465
4 persons	385
5 persons	135
6 or more persons	55
Number of persons in private households	8210
Average number of persons in private households	2.2