Real Estate Market Report for
Genelle, BC

Updated : Aug 2016
House
  • Median price $289,000
  • Monthly growth 5.30 %
  • Quarterly trend
  • Stock on market 1.37%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Genelle Home Price

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Genelle was Canada’s 1591th most expensive suburb by listed median house price this month.

While the median for British Columbia is $519,000 , which means that Genelle’s median price is $289,000 better than average than the rest of the province.

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.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Genelle has fewer than average compared to the rest of the province

Is Genelle a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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 Genelle, the amount of stock on the market has increased which is a negative indicator for house prices. Three months ago there were 6, this month we show 9.

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.

As one of British Columbia’s many potential real estate investment neighbourhoods, Genelle 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 stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $252,000
3 bedrooms $239,450
4 bedrooms $199,900
5 bedrooms $398,800
Demographics
  • Population in 20111395
  • Population in 20061418
  • 2006 to 2011 population change (%)-1.6
  • Total private dwellings656
  • Private dwellings occupied by usual residents630
  • Population density per square kilometre1.8
  • Land area (square km)776.72
  • Age Characteristics
    Total population by age groups 1395
    0 to 4 years 40
    5 to 9 years 40
    10 to 14 years 65
    15 to 19 years 90
    15 years 25
    16 years 20
    17 years 20
    18 years 20
    19 years 15
    20 to 24 years 60
    25 to 29 years 55
    30 to 34 years 55
    35 to 39 years 55
    40 to 44 years 80
    45 to 49 years 115
    50 to 54 years 180
    55 to 59 years 160
    60 to 64 years 160
    65 to 69 years 85
    70 to 74 years 60
    75 to 79 years 45
    80 to 84 years 30
    85 years and over 15
    Median age of the population 51.2
    % of the population aged 15 and over 89.5
  • Marital Status
    Total population 15 years and over by marital status 1250
    Married or living with a common-law partner 820
    Married (and not separated) 685
    Living common-law 135
    Not married and not living with a common-law partner 425
    Single (never legally married) 220
    Separated 35
    Divorced 95
    Widowed 70
    Family Characteristics
    Total number of census families in private households 460
    Size of census family: 2 persons 305
    Size of census family: 3 persons 85
    Size of census family: 4 persons 55
    Size of census family: 5 or more persons 20
    Total number of census families in private households 465
    Total couple families by family structure and number of children 410
    Married couples 340
    Without children at home 220
    With children at home 120
    1 child 60
    2 children 45
    3 or more children 15
    Common-law couples 65
    Without children at home 45
    With children at home 20
    1 child 15
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 50
    Female parent 40
    1 child 30
    2 children 15
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 305
    Under six years of age 45
    6 to 14 years 95
    15 to 17 years 55
    18 to 24 years 75
    25 years and over 40
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 1395
    Number of persons not in census families 215
    Living with relatives 15
    Living with non-relatives only 35
    Living alone 160
    Number of census family persons 1180
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 240
    Number of persons not in census families aged 65 years and over 75
    Living with relatives 5
    Living with non-relatives only 5
    Living alone 65
    Number of census family persons aged 65 years and over 160
    Total number of private households by household type 630
    Census-family households 455
    One-family-only households 425
    Couple-family households 390
    Without children 255
    With children 135
    Lone-parent-family households 40
    Other family households 25
    One-family households with persons not in a census family 15
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 5
    Two-or-more-family households 10
    Non-census-family households 180
    One-person households 165
    Two-or-more-person households 20
    Total number of occupied private dwellings by structural type of dwelling 630
    Single-detached house 505
    Apartment, building that has five or more storeys 0
    Movable dwelling 125
    Other dwelling 0
    Semi-detached house 0
    Row house 0
    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 630
    1 person 165
    2 persons 300
    3 persons 85
    4 persons 60
    5 persons 15
    6 or more persons 10
    Number of persons in private households 1395
    Average number of persons in private households 2.2
Census 2011

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