Real Estate Market Report for
Errington, BC

Updated : Aug 2016
House
  • Median price $699,400
  • Monthly growth 7.60 %
  • Quarterly trend
  • Stock on market 0.45%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Errington Home Price

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Errington was Canada’s 168th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $699,400 in Errington was an impressive compared to the rest of British Columbia.

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 Errington has the 178th 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Errington there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

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.

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

In Errington, 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)
2 bedrooms $507,000
3 bedrooms $795,000
4 bedrooms $739,450
Demographics
  • Population in 20117422
  • Population in 20066680
  • 2006 to 2011 population change (%)11.1
  • Total private dwellings3548
  • Private dwellings occupied by usual residents3247
  • Population density per square kilometre28.1
  • Land area (square km)264.37
  • Age Characteristics
    Total population by age groups 7425
    0 to 4 years 365
    5 to 9 years 355
    10 to 14 years 415
    15 to 19 years 450
    15 years 90
    16 years 70
    17 years 110
    18 years 85
    19 years 95
    20 to 24 years 330
    25 to 29 years 305
    30 to 34 years 410
    35 to 39 years 460
    40 to 44 years 500
    45 to 49 years 660
    50 to 54 years 735
    55 to 59 years 740
    60 to 64 years 680
    65 to 69 years 430
    70 to 74 years 265
    75 to 79 years 155
    80 to 84 years 105
    85 years and over 60
    Median age of the population 46
    % of the population aged 15 and over 84.7
  • Marital Status
    Total population 15 years and over by marital status 6290
    Married or living with a common-law partner 3800
    Married (and not separated) 2890
    Living common-law 910
    Not married and not living with a common-law partner 2490
    Single (never legally married) 1440
    Separated 215
    Divorced 595
    Widowed 240
    Family Characteristics
    Total number of census families in private households 2210
    Size of census family: 2 persons 1305
    Size of census family: 3 persons 440
    Size of census family: 4 persons 340
    Size of census family: 5 or more persons 125
    Total number of census families in private households 2210
    Total couple families by family structure and number of children 1870
    Married couples 1415
    Without children at home 820
    With children at home 595
    1 child 250
    2 children 245
    3 or more children 105
    Common-law couples 455
    Without children at home 270
    With children at home 185
    1 child 95
    2 children 75
    3 or more children 20
    Total lone-parent families by sex of parent and number of children 340
    Female parent 260
    1 child 160
    2 children 75
    3 or more children 30
    Male parent 80
    1 child 60
    2 children 20
    3 or more children 0
    Total children in census families in private households 1885
    Under six years of age 440
    6 to 14 years 695
    15 to 17 years 250
    18 to 24 years 340
    25 years and over 160
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 7380
    Number of persons not in census families 1415
    Living with relatives 115
    Living with non-relatives only 350
    Living alone 950
    Number of census family persons 5970
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 1000
    Number of persons not in census families aged 65 years and over 330
    Living with relatives 40
    Living with non-relatives only 35
    Living alone 255
    Number of census family persons aged 65 years and over 670
    Total number of private households by household type 3250
    Census-family households 2170
    One-family-only households 1985
    Couple-family households 1715
    Without children 1005
    With children 715
    Lone-parent-family households 270
    Other family households 190
    One-family households with persons not in a census family 150
    Couple-family households 90
    Without children 45
    With children 50
    Lone-parent-family households 55
    Two-or-more-family households 40
    Non-census-family households 1075
    One-person households 955
    Two-or-more-person households 125
    Total number of occupied private dwellings by structural type of dwelling 3250
    Single-detached house 2360
    Apartment, building that has five or more storeys 0
    Movable dwelling 715
    Other dwelling 175
    Semi-detached house 65
    Row house 15
    Apartment, duplex 40
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 20
    Total number of private households by household size 3250
    1 person 950
    2 persons 1280
    3 persons 465
    4 persons 385
    5 persons 120
    6 or more persons 50
    Number of persons in private households 7380
    Average number of persons in private households 2.3
Census 2011

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