Real Estate Market Report for
Cherryville, BC

Updated : Aug 2016
House
  • Median price $374,900
  • Monthly growth 9.95 %
  • Quarterly trend
  • Stock on market 2.73%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Cherryville Home Price

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Canada’s national median home listing price this month is $290,900, which means that Cherryville is in the top 20% for Canada.

The $374,900 price tag on the median Cherryville home means that it is quite highly priced by Canadian standards.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

Across British Columbia Cherryville has the 199th most properties on offer with 359.

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.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

When we look at the data we have, it can help with trying to establish whether or not Cherryville 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 Cherryville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.

Beds Median price (House) Median price (Apartment)
2 bedrooms $309,900
3 bedrooms $304,000
4 bedrooms $379,999
5 bedrooms $379,500
Demographics
  • Population in 2011939
  • Population in 2006934
  • 2006 to 2011 population change (%)0.5
  • Total private dwellings476
  • Private dwellings occupied by usual residents409
  • Population density per square kilometre0.4
  • Land area (square km)2605.78
  • Age Characteristics
    Total population by age groups 935
    0 to 4 years 45
    5 to 9 years 55
    10 to 14 years 60
    15 to 19 years 45
    15 years 5
    16 years 10
    17 years 10
    18 years 5
    19 years 15
    20 to 24 years 35
    25 to 29 years 35
    30 to 34 years 65
    35 to 39 years 55
    40 to 44 years 50
    45 to 49 years 75
    50 to 54 years 110
    55 to 59 years 90
    60 to 64 years 90
    65 to 69 years 55
    70 to 74 years 40
    75 to 79 years 20
    80 to 84 years 5
    85 years and over 10
    Median age of the population 46.6
    % of the population aged 15 and over 82.7
  • Marital Status
    Total population 15 years and over by marital status 780
    Married or living with a common-law partner 480
    Married (and not separated) 370
    Living common-law 115
    Not married and not living with a common-law partner 300
    Single (never legally married) 160
    Separated 25
    Divorced 75
    Widowed 30
    Family Characteristics
    Total number of census families in private households 280
    Size of census family: 2 persons 165
    Size of census family: 3 persons 55
    Size of census family: 4 persons 35
    Size of census family: 5 or more persons 25
    Total number of census families in private households 280
    Total couple families by family structure and number of children 240
    Married couples 180
    Without children at home 110
    With children at home 75
    1 child 30
    2 children 25
    3 or more children 20
    Common-law couples 55
    Without children at home 35
    With children at home 25
    1 child 20
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 40
    Female parent 30
    1 child 20
    2 children 5
    3 or more children 10
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 245
    Under six years of age 55
    6 to 14 years 100
    15 to 17 years 25
    18 to 24 years 35
    25 years and over 25
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 935
    Number of persons not in census families 170
    Living with relatives 15
    Living with non-relatives only 40
    Living alone 125
    Number of census family persons 760
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 130
    Number of persons not in census families aged 65 years and over 45
    Living with relatives 0
    Living with non-relatives only 0
    Living alone 40
    Number of census family persons aged 65 years and over 90
    Total number of private households by household type 410
    Census-family households 275
    One-family-only households 245
    Couple-family households 215
    Without children 135
    With children 85
    Lone-parent-family households 30
    Other family households 25
    One-family households with persons not in a census family 20
    Couple-family households 10
    Without children 5
    With children 10
    Lone-parent-family households 10
    Two-or-more-family households 10
    Non-census-family households 135
    One-person households 125
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 410
    Single-detached house 380
    Apartment, building that has five or more storeys 0
    Movable dwelling 30
    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 410
    1 person 120
    2 persons 165
    3 persons 50
    4 persons 35
    5 persons 20
    6 or more persons 10
    Number of persons in private households 935
    Average number of persons in private households 2.3
Census 2011

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