Real Estate Market Report for
Grindrod, BC

Updated : Aug 2016
House
  • Median price $454,950
  • Monthly growth 30.07 %
  • Quarterly trend
  • Stock on market 0.46%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Grindrod Home Price

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The median asking price in Grindrod is $454,950, a substantial increase over the median three months ago which was $499,900 .

With Grindrod’s median house price at $454,950 in Aug , it is above average compared to the rest of British Columbia.

Grindrod’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

According to our stats, Grindrod is the neighbourhood that has the 223th most properties available to real estate investors in British Columbia.

Will prices rise across the next year in in Grindrod? There are a number of real estate indicators to consider.

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 Grindrod have dried up which would tend to indicate that demand is higher than the supply of new properties.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Grindrod 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 $249,450
4 bedrooms $494,900
5 bedrooms $729,000
Demographics
  • Population in 20113938
  • Population in 20064091
  • 2006 to 2011 population change (%)-3.7
  • Total private dwellings2176
  • Private dwellings occupied by usual residents1632
  • Population density per square kilometre2.2
  • Land area (square km)1769.01
  • Age Characteristics
    Total population by age groups 3940
    0 to 4 years 160
    5 to 9 years 190
    10 to 14 years 220
    15 to 19 years 250
    15 years 40
    16 years 55
    17 years 60
    18 years 50
    19 years 40
    20 to 24 years 150
    25 to 29 years 150
    30 to 34 years 180
    35 to 39 years 175
    40 to 44 years 230
    45 to 49 years 355
    50 to 54 years 435
    55 to 59 years 430
    60 to 64 years 345
    65 to 69 years 250
    70 to 74 years 190
    75 to 79 years 125
    80 to 84 years 70
    85 years and over 40
    Median age of the population 49
    % of the population aged 15 and over 85.8
  • Marital Status
    Total population 15 years and over by marital status 3375
    Married or living with a common-law partner 2290
    Married (and not separated) 1885
    Living common-law 405
    Not married and not living with a common-law partner 1080
    Single (never legally married) 655
    Separated 85
    Divorced 195
    Widowed 140
    Family Characteristics
    Total number of census families in private households 1260
    Size of census family: 2 persons 805
    Size of census family: 3 persons 200
    Size of census family: 4 persons 165
    Size of census family: 5 or more persons 100
    Total number of census families in private households 1260
    Total couple families by family structure and number of children 1140
    Married couples 930
    Without children at home 570
    With children at home 360
    1 child 140
    2 children 125
    3 or more children 85
    Common-law couples 205
    Without children at home 150
    With children at home 55
    1 child 25
    2 children 25
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 125
    Female parent 85
    1 child 50
    2 children 25
    3 or more children 10
    Male parent 40
    1 child 30
    2 children 5
    3 or more children 0
    Total children in census families in private households 985
    Under six years of age 190
    6 to 14 years 360
    15 to 17 years 150
    18 to 24 years 190
    25 years and over 90
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 3930
    Number of persons not in census families 545
    Living with relatives 70
    Living with non-relatives only 125
    Living alone 355
    Number of census family persons 3380
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 670
    Number of persons not in census families aged 65 years and over 150
    Living with relatives 20
    Living with non-relatives only 15
    Living alone 115
    Number of census family persons aged 65 years and over 525
    Total number of private households by household type 1630
    Census-family households 1230
    One-family-only households 1130
    Couple-family households 1035
    Without children 665
    With children 375
    Lone-parent-family households 85
    Other family households 105
    One-family households with persons not in a census family 75
    Couple-family households 55
    Without children 25
    With children 30
    Lone-parent-family households 20
    Two-or-more-family households 30
    Non-census-family households 400
    One-person households 350
    Two-or-more-person households 45
    Total number of occupied private dwellings by structural type of dwelling 1635
    Single-detached house 1390
    Apartment, building that has five or more storeys 0
    Movable dwelling 200
    Other dwelling 45
    Semi-detached house 5
    Row house 15
    Apartment, duplex 15
    Apartment, building that has fewer than five storeys 0
    Other single-attached house 0
    Total number of private households by household size 1635
    1 person 350
    2 persons 755
    3 persons 210
    4 persons 180
    5 persons 90
    6 or more persons 40
    Number of persons in private households 3930
    Average number of persons in private households 2.4
Census 2011

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