Real Estate Market Report for
Invermere, BC

Updated : Aug 2016
House
  • Median price $469,000
  • Monthly growth 40.31 %
  • Quarterly trend
  • Stock on market 3.40%
Apartment
  • Median price $249,000
  • Monthly growth -0.18 %
  • Quarterly trend
  • Stock on market 1.52%
Invermere Home Price

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Across the country as a whole, Invermere is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Invermere’s median house price at $469,000 in Aug , it is above average compared to the rest of British Columbia.

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

As one of British Columbia’s many potential real estate investment neighbourhoods, Invermere 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.

Over the last three months in Invermere, housing stock available seems to be falling – this could mean that homes values might increase faster.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Invermere is number 365 putting it in the top half of the country .

With Invermere’s median house price at $249,000 in Aug , it is below average compared to the rest of British Columbia.

If you’re looking at investment properties in Invermere, then you’re most likely to find homes with 2 bedrooms on sale this month.

British Columbia has the third most amount of properties available to property investors, with Invermere having 45th most in the province, out of a total of 124.

As one of British Columbia’s many potential real estate investment neighbourhoods, Invermere 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.

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 Invermere have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
1 bedroom $147,450
2 bedrooms $409,000 $219,500
3 bedrooms $399,000 $283,000
4 bedrooms $610,950 $306,950
5 bedrooms $472,000
6 bedrooms $479,400
Demographics
  • Population in 20112955
  • Population in 20063002
  • 2006 to 2011 population change (%)-1.6
  • Total private dwellings1912
  • Private dwellings occupied by usual residents1219
  • Population density per square kilometre275.3
  • Land area (square km)10.73
  • Age Characteristics
    Total population by age groups 2955
    0 to 4 years 155
    5 to 9 years 145
    10 to 14 years 160
    15 to 19 years 195
    15 years 40
    16 years 35
    17 years 45
    18 years 50
    19 years 25
    20 to 24 years 135
    25 to 29 years 125
    30 to 34 years 175
    35 to 39 years 185
    40 to 44 years 170
    45 to 49 years 205
    50 to 54 years 235
    55 to 59 years 280
    60 to 64 years 190
    65 to 69 years 120
    70 to 74 years 110
    75 to 79 years 115
    80 to 84 years 130
    85 years and over 125
    Median age of the population 45.8
    % of the population aged 15 and over 84.5
  • Marital Status
    Total population 15 years and over by marital status 2495
    Married or living with a common-law partner 1495
    Married (and not separated) 1215
    Living common-law 280
    Not married and not living with a common-law partner 1005
    Single (never legally married) 505
    Separated 70
    Divorced 155
    Widowed 275
    Family Characteristics
    Total number of census families in private households 865
    Size of census family: 2 persons 470
    Size of census family: 3 persons 190
    Size of census family: 4 persons 150
    Size of census family: 5 or more persons 50
    Total number of census families in private households 865
    Total couple families by family structure and number of children 730
    Married couples 590
    Without children at home 315
    With children at home 270
    1 child 110
    2 children 125
    3 or more children 40
    Common-law couples 135
    Without children at home 85
    With children at home 55
    1 child 35
    2 children 15
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 135
    Female parent 100
    1 child 50
    2 children 35
    3 or more children 10
    Male parent 35
    1 child 20
    2 children 15
    3 or more children 5
    Total children in census families in private households 785
    Under six years of age 185
    6 to 14 years 275
    15 to 17 years 115
    18 to 24 years 155
    25 years and over 55
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 2825
    Number of persons not in census families 445
    Living with relatives 25
    Living with non-relatives only 90
    Living alone 335
    Number of census family persons 2380
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 470
    Number of persons not in census families aged 65 years and over 190
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 180
    Number of census family persons aged 65 years and over 280
    Total number of private households by household type 1220
    Census-family households 855
    One-family-only households 800
    Couple-family households 685
    Without children 385
    With children 300
    Lone-parent-family households 115
    Other family households 55
    One-family households with persons not in a census family 50
    Couple-family households 35
    Without children 10
    With children 20
    Lone-parent-family households 15
    Two-or-more-family households 10
    Non-census-family households 360
    One-person households 335
    Two-or-more-person households 30
    Total number of occupied private dwellings by structural type of dwelling 1220
    Single-detached house 895
    Apartment, building that has five or more storeys 0
    Movable dwelling 0
    Other dwelling 325
    Semi-detached house 80
    Row house 70
    Apartment, duplex 15
    Apartment, building that has fewer than five storeys 155
    Other single-attached house 5
    Total number of private households by household size 1215
    1 person 330
    2 persons 470
    3 persons 195
    4 persons 155
    5 persons 50
    6 or more persons 15
    Number of persons in private households 2830
    Average number of persons in private households 2.3
Census 2011

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