Real Estate Market Report for
Canal Flats, BC

Updated : Aug 2016
House
  • Median price $199,000
  • Monthly growth -0.22 %
  • Quarterly trend
  • Stock on market 4.32%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Canal Flats Home Price

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Across the nation CREW lists data for 5162 neighbourhoods, and this month Canal Flats is number 2921 putting it in the bottom half of the country .

When our research team crunched the numbers we calculated that Canal Flats has a median home price of $199,000.

Investors looking for properties in Canal Flats are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

From our data, it appears that neighbourhood is number 1302th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the top 30.

Can we guarantee how well Canal Flats is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

In Canal Flats, 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.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Canal Flats 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 Canal Flats have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
2 bedrooms $227,450
3 bedrooms $192,450
4 bedrooms $199,900
5 bedrooms $284,000
Demographics
  • Population in 2011715
  • Population in 2006700
  • 2006 to 2011 population change (%)2.1
  • Total private dwellings440
  • Private dwellings occupied by usual residents297
  • Population density per square kilometre65.8
  • Land area (square km)10.86
  • Age Characteristics
    Total population by age groups 715
    0 to 4 years 50
    5 to 9 years 35
    10 to 14 years 45
    15 to 19 years 40
    15 years 5
    16 years 10
    17 years 10
    18 years 5
    19 years 10
    20 to 24 years 35
    25 to 29 years 35
    30 to 34 years 50
    35 to 39 years 55
    40 to 44 years 40
    45 to 49 years 65
    50 to 54 years 70
    55 to 59 years 50
    60 to 64 years 50
    65 to 69 years 40
    70 to 74 years 35
    75 to 79 years 10
    80 to 84 years 10
    85 years and over 5
    Median age of the population 41.5
    % of the population aged 15 and over 81.3
  • Marital Status
    Total population 15 years and over by marital status 580
    Married or living with a common-law partner 385
    Married (and not separated) 305
    Living common-law 80
    Not married and not living with a common-law partner 195
    Single (never legally married) 120
    Separated 25
    Divorced 30
    Widowed 25
    Family Characteristics
    Total number of census families in private households 220
    Size of census family: 2 persons 115
    Size of census family: 3 persons 50
    Size of census family: 4 persons 45
    Size of census family: 5 or more persons 15
    Total number of census families in private households 220
    Total couple families by family structure and number of children 195
    Married couples 150
    Without children at home 80
    With children at home 70
    1 child 20
    2 children 35
    3 or more children 10
    Common-law couples 40
    Without children at home 15
    With children at home 20
    1 child 15
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 30
    Female parent 20
    1 child 10
    2 children 10
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 205
    Under six years of age 55
    6 to 14 years 70
    15 to 17 years 25
    18 to 24 years 30
    25 years and over 20
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 715
    Number of persons not in census families 95
    Living with relatives 10
    Living with non-relatives only 10
    Living alone 75
    Number of census family persons 620
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 95
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 20
    Number of census family persons aged 65 years and over 80
    Total number of private households by household type 295
    Census-family households 220
    One-family-only households 205
    Couple-family households 190
    Without children 95
    With children 85
    Lone-parent-family households 20
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 5
    Without children 0
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 0
    Non-census-family households 80
    One-person households 75
    Two-or-more-person households 5
    Total number of occupied private dwellings by structural type of dwelling 300
    Single-detached house 260
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 35
    Semi-detached house 0
    Row house 25
    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 300
    1 person 75
    2 persons 110
    3 persons 45
    4 persons 45
    5 persons 15
    6 or more persons 5
    Number of persons in private households 715
    Average number of persons in private households 2.4
Census 2011

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