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Ripples, NB

Updated: Aug 2016
House
Median price $110,000
Monthly growth 42.11 %
Quarterly trend
Stock on market 0.63%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Ripples Home Price

The median asking price in Ripples is $110,000, quite a drop from the median three months ago which was $184,900 .

With Ripples’s median house price at $110,000 in Aug , it is below average compared to the rest of New Brunswick.

Across New Brunswick Ripples has the 224th most properties on offer with 421.

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

In Ripples, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

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

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

Find a mortgage broker in Ripples, NB
Beds Median price (House) Median price (Apartment)
3 bedrooms $89,900
Demographics
  • Population in 2011853
  • Population in 2006909
  • 2006 to 2011 population change (%)-6.2
  • Total private dwellings480
  • Private dwellings occupied by usual residents366
  • Population density per square kilometre3.1
  • Land area (square km)271.95

Age Characteristics

Total population by age groups 855
0 to 4 years 45
5 to 9 years 45
10 to 14 years 35
15 to 19 years 55
15 years 10
16 years 10
17 years 15
18 years 10
19 years 10
20 to 24 years 30
25 to 29 years 45
30 to 34 years 45
35 to 39 years 40
40 to 44 years 45
45 to 49 years 65
50 to 54 years 70
55 to 59 years 70
60 to 64 years 80
65 to 69 years 80
70 to 74 years 50
75 to 79 years 30
80 to 84 years 25
85 years and over 10
Median age of the population 48.7
% of the population aged 15 and over 86.3

Marital Status

Total population 15 years and over by marital status 735
Married or living with a common-law partner 490
Married (and not separated) 430
Living common-law 65
Not married and not living with a common-law partner 235
Single (never legally married) 140
Separated 15
Divorced 40
Widowed 45

Family Characteristics

Total number of census families in private households 275
Size of census family: 2 persons 170
Size of census family: 3 persons 55
Size of census family: 4 persons 35
Size of census family: 5 or more persons 15
Total number of census families in private households 275
Total couple families by family structure and number of children 245
Married couples 210
Without children at home 125
With children at home 85
1 child 45
2 children 30
3 or more children 15
Common-law couples 30
Without children at home 15
With children at home 15
1 child 5
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 30
Female parent 20
1 child 15
2 children 5
3 or more children 5
Male parent 10
1 child 10
2 children 0
3 or more children 0
Total children in census families in private households 215
Under six years of age 50
6 to 14 years 70
15 to 17 years 25
18 to 24 years 40
25 years and over 30
Average number of children at home per census family 0.8

Household And Dwelling Characteristics

Total number of persons in private households 855
Number of persons not in census families 110
Living with relatives 10
Living with non-relatives only 15
Living alone 85
Number of census family persons 740
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 180
Number of persons not in census families aged 65 years and over 45
Living with relatives 5
Living with non-relatives only 5
Living alone 40
Number of census family persons aged 65 years and over 140
Total number of private households by household type 365
Census-family households 275
One-family-only households 260
Couple-family households 235
Without children 140
With children 90
Lone-parent-family households 30
Other family households 15
One-family households with persons not in a census family 10
Couple-family households 10
Without children 5
With children 5
Lone-parent-family households 0
Two-or-more-family households 0
Non-census-family households 90
One-person households 85
Two-or-more-person households 10
Total number of occupied private dwellings by structural type of dwelling 365
Single-detached house 320
Apartment, building that has five or more storeys 0
Movable dwelling 45
Other dwelling 5
Semi-detached house 0
Row house 5
Apartment, duplex 0
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 365
1 person 85
2 persons 170
3 persons 50
4 persons 40
5 persons 10
6 or more persons 5
Number of persons in private households 850
Average number of persons in private households 2.3

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