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Scotch Ridge, NB

Updated: Aug 2016
House
Median price $260,000
Monthly growth 38.66 %
Quarterly trend
Stock on market 0.51%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Scotch Ridge Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Scotch Ridge is number 1936 putting it in the top half of the country .

The median house price listed in Scotch Ridge this month is $260,000.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 4.

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

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Scotch Ridge have stayed pretty much the same which would tend to indicate that demand is steady.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

When we look at the data we have, it can help with trying to establish whether or not Scotch Ridge 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 Scotch Ridge 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 Scotch Ridge, NB
Beds Median price (House) Median price (Apartment)
4 bedrooms $272,500
Demographics
  • Population in 20111241
  • Population in 20061350
  • 2006 to 2011 population change (%)-8.1
  • Total private dwellings590
  • Private dwellings occupied by usual residents508
  • Population density per square kilometre2.2
  • Land area (square km)556

Age Characteristics

Total population by age groups 1245
0 to 4 years 60
5 to 9 years 60
10 to 14 years 80
15 to 19 years 80
15 years 20
16 years 20
17 years 15
18 years 15
19 years 10
20 to 24 years 55
25 to 29 years 55
30 to 34 years 75
35 to 39 years 85
40 to 44 years 80
45 to 49 years 95
50 to 54 years 110
55 to 59 years 135
60 to 64 years 95
65 to 69 years 60
70 to 74 years 50
75 to 79 years 30
80 to 84 years 25
85 years and over 15
Median age of the population 44.5
% of the population aged 15 and over 83.8

Marital Status

Total population 15 years and over by marital status 1040
Married or living with a common-law partner 660
Married (and not separated) 540
Living common-law 120
Not married and not living with a common-law partner 380
Single (never legally married) 245
Separated 30
Divorced 40
Widowed 70

Family Characteristics

Total number of census families in private households 400
Size of census family: 2 persons 230
Size of census family: 3 persons 90
Size of census family: 4 persons 65
Size of census family: 5 or more persons 20
Total number of census families in private households 400
Total couple families by family structure and number of children 325
Married couples 265
Without children at home 150
With children at home 120
1 child 55
2 children 45
3 or more children 15
Common-law couples 55
Without children at home 30
With children at home 30
1 child 15
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 75
Female parent 60
1 child 40
2 children 15
3 or more children 5
Male parent 20
1 child 15
2 children 5
3 or more children 0
Total children in census families in private households 345
Under six years of age 70
6 to 14 years 125
15 to 17 years 55
18 to 24 years 45
25 years and over 50
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 1235
Number of persons not in census families 160
Living with relatives 35
Living with non-relatives only 15
Living alone 115
Number of census family persons 1070
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 170
Number of persons not in census families aged 65 years and over 50
Living with relatives 5
Living with non-relatives only 5
Living alone 40
Number of census family persons aged 65 years and over 125
Total number of private households by household type 510
Census-family households 390
One-family-only households 355
Couple-family households 305
Without children 160
With children 140
Lone-parent-family households 55
Other family households 35
One-family households with persons not in a census family 25
Couple-family households 15
Without children 5
With children 10
Lone-parent-family households 10
Two-or-more-family households 10
Non-census-family households 120
One-person households 110
Two-or-more-person households 5
Total number of occupied private dwellings by structural type of dwelling 505
Single-detached house 465
Apartment, building that has five or more storeys 0
Movable dwelling 35
Other dwelling 5
Semi-detached house 0
Row house 0
Apartment, duplex 0
Apartment, building that has fewer than five storeys 5
Other single-attached house 0
Total number of private households by household size 510
1 person 110
2 persons 205
3 persons 95
4 persons 60
5 persons 25
6 or more persons 5
Number of persons in private households 1235
Average number of persons in private households 2.4

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