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Riverport, NS

Updated: Aug 2016
House
Median price $218,000
Monthly growth 16.57 %
Quarterly trend
Stock on market 0.08%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Riverport Home Price

Canada’s national median home listing price this month is $290,900, which means that Riverport is close to average for Canada.

The $218,000 price tag on the median Riverport home means that it is about average price.

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.

Nova Scotia has the fifth most amount of properties available to property investors, with Riverport having 121th most in the province, out of a total of 825.

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

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 Riverport, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 8, this month we show 11.

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.

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

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

Beds Median price (House) Median price (Apartment)
3 bedrooms $289,000
4 bedrooms $247,000
Demographics
  • Population in 201125118
  • Population in 200625164
  • 2006 to 2011 population change (%)-0.2
  • Total private dwellings13392
  • Private dwellings occupied by usual residents10725
  • Population density per square kilometre14.3
  • Land area (square km)1759.64