Real Estate Market Report for
Alert Bay, BC

Updated : Aug 2016
House
  • Median price $195,000
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 5.31%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Alert Bay Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

When our research team crunched the numbers we calculated that Alert Bay has a median home price of $195,000.

Alert Bay’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

British Columbia has the third most amount of properties available to property investors, with Alert Bay having 199th most in the province, out of a total of 359.

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

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 Alert Bay, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 14, this month we show 13.

British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

Over the last three months in Alert Bay, housing stock available seems to be staying constant – this could mean that homes values might not be hugely affected by supply constraints.

Beds Median price (House) Median price (Apartment)
2 bedrooms $152,450
3 bedrooms $269,900
4 bedrooms $179,000
Demographics
  • Population in 2011445
  • Population in 2006456
  • 2006 to 2011 population change (%)-2.4
  • Total private dwellings245
  • Private dwellings occupied by usual residents214
  • Population density per square kilometre257.3
  • Land area (square km)1.73
  • Age Characteristics
    Total population by age groups 445
    0 to 4 years 30
    5 to 9 years 20
    10 to 14 years 25
    15 to 19 years 20
    15 years 5
    16 years 0
    17 years 5
    18 years 0
    19 years 10
    20 to 24 years 5
    25 to 29 years 20
    30 to 34 years 20
    35 to 39 years 15
    40 to 44 years 25
    45 to 49 years 35
    50 to 54 years 40
    55 to 59 years 45
    60 to 64 years 45
    65 to 69 years 35
    70 to 74 years 25
    75 to 79 years 15
    80 to 84 years 15
    85 years and over 5
    Median age of the population 49.9
    % of the population aged 15 and over 82.9
  • Marital Status
    Total population 15 years and over by marital status 370
    Married or living with a common-law partner 200
    Married (and not separated) 125
    Living common-law 75
    Not married and not living with a common-law partner 170
    Single (never legally married) 85
    Separated 10
    Divorced 35
    Widowed 30
    Family Characteristics
    Total number of census families in private households 120
    Size of census family: 2 persons 75
    Size of census family: 3 persons 20
    Size of census family: 4 persons 15
    Size of census family: 5 or more persons 10
    Total number of census families in private households 120
    Total couple families by family structure and number of children 95
    Married couples 60
    Without children at home 35
    With children at home 30
    1 child 10
    2 children 10
    3 or more children 10
    Common-law couples 35
    Without children at home 25
    With children at home 10
    1 child 5
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 20
    Female parent 10
    1 child 10
    2 children 0
    3 or more children 5
    Male parent 5
    1 child 0
    2 children 0
    3 or more children 5
    Total children in census families in private households 100
    Under six years of age 35
    6 to 14 years 40
    15 to 17 years 10
    18 to 24 years 10
    25 years and over 10
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 440
    Number of persons not in census families 120
    Living with relatives 5
    Living with non-relatives only 20
    Living alone 90
    Number of census family persons 315
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 90
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 45
    Number of census family persons aged 65 years and over 45
    Total number of private households by household type 215
    Census-family households 115
    One-family-only households 105
    Couple-family households 90
    Without children 60
    With children 30
    Lone-parent-family households 15
    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 5
    Two-or-more-family households 5
    Non-census-family households 100
    One-person households 90
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 215
    Single-detached house 165
    Apartment, building that has five or more storeys 0
    Movable dwelling 15
    Other dwelling 35
    Semi-detached house 10
    Row house 10
    Apartment, duplex 10
    Apartment, building that has fewer than five storeys 10
    Other single-attached house 0
    Total number of private households by household size 210
    1 person 90
    2 persons 70
    3 persons 25
    4 persons 15
    5 persons 5
    6 or more persons 5
    Number of persons in private households 435
    Average number of persons in private households 2
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?