Real Estate Market Report for
Fruitvale, BC

Updated : Aug 2016
House
  • Median price $309,700
  • Monthly growth -5.86 %
  • Quarterly trend
  • Stock on market 3.94%
Apartment
  • Median price $240,950
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.23%
Fruitvale Home Price

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Across the country as a whole, Fruitvale is in the Top 40% when all of Canada’s suburbs are listed in order of real estate listing prices.

The $309,700 price tag on the median Fruitvale home means that it is above the cost of most houses in the country.

This month we track 118th neighbourhoods in British Columbia, and Fruitvale has the 118th most choice available for real estate investors.

As one of British Columbia’s many potential real estate investment neighbourhoods, Fruitvale needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

Fruitvale was Canada’s 386th most expensive suburb by listed median house price this month.

When our research team crunched the numbers we calculated that Fruitvale has a median home price of $240,950.

There are 124 neighbourhoods that have more properties on sale than Fruitvale at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Can we guarantee how well Fruitvale 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 Fruitvale, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

Beds Median price (House) Median price (Apartment)
2 bedrooms $189,500
3 bedrooms $309,900
4 bedrooms $369,500
5 bedrooms $381,950
Demographics
  • Population in 20112016
  • Population in 20061952
  • 2006 to 2011 population change (%)3.3
  • Total private dwellings862
  • Private dwellings occupied by usual residents810
  • Population density per square kilometre745.3
  • Land area (square km)2.71
  • Age Characteristics
    Total population by age groups 2020
    0 to 4 years 100
    5 to 9 years 95
    10 to 14 years 120
    15 to 19 years 150
    15 years 45
    16 years 20
    17 years 35
    18 years 25
    19 years 30
    20 to 24 years 105
    25 to 29 years 100
    30 to 34 years 100
    35 to 39 years 90
    40 to 44 years 130
    45 to 49 years 135
    50 to 54 years 205
    55 to 59 years 185
    60 to 64 years 125
    65 to 69 years 115
    70 to 74 years 60
    75 to 79 years 65
    80 to 84 years 60
    85 years and over 60
    Median age of the population 45.3
    % of the population aged 15 and over 84.2
  • Marital Status
    Total population 15 years and over by marital status 1700
    Married or living with a common-law partner 1095
    Married (and not separated) 935
    Living common-law 165
    Not married and not living with a common-law partner 600
    Single (never legally married) 355
    Separated 40
    Divorced 90
    Widowed 120
    Family Characteristics
    Total number of census families in private households 605
    Size of census family: 2 persons 315
    Size of census family: 3 persons 125
    Size of census family: 4 persons 130
    Size of census family: 5 or more persons 40
    Total number of census families in private households 605
    Total couple families by family structure and number of children 535
    Married couples 455
    Without children at home 235
    With children at home 215
    1 child 80
    2 children 110
    3 or more children 30
    Common-law couples 80
    Without children at home 40
    With children at home 40
    1 child 20
    2 children 15
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 75
    Female parent 55
    1 child 30
    2 children 15
    3 or more children 5
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 560
    Under six years of age 120
    6 to 14 years 200
    15 to 17 years 95
    18 to 24 years 115
    25 years and over 35
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1950
    Number of persons not in census families 255
    Living with relatives 15
    Living with non-relatives only 40
    Living alone 190
    Number of census family persons 1700
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 305
    Number of persons not in census families aged 65 years and over 100
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 95
    Number of census family persons aged 65 years and over 210
    Total number of private households by household type 810
    Census-family households 605
    One-family-only households 575
    Couple-family households 515
    Without children 265
    With children 250
    Lone-parent-family households 65
    Other family households 25
    One-family households with persons not in a census family 20
    Couple-family households 15
    Without children 5
    With children 10
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 210
    One-person households 195
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 810
    Single-detached house 635
    Apartment, building that has five or more storeys 0
    Movable dwelling 25
    Other dwelling 150
    Semi-detached house 45
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 100
    Other single-attached house 0
    Total number of private households by household size 810
    1 person 195
    2 persons 310
    3 persons 135
    4 persons 125
    5 persons 40
    6 or more persons 10
    Number of persons in private households 1950
    Average number of persons in private households 2.4
Census 2011

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