Real Estate Market Report for
Keremeos, BC

Updated : Aug 2016
House
  • Median price $380,000
  • Monthly growth 24.81 %
  • Quarterly trend
  • Stock on market 5.26%
Apartment
  • Median price $303,950
  • Monthly growth 15.30 %
  • Quarterly trend
  • Stock on market 0.28%
Keremeos Home Price

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

The $380,000 price tag on the median Keremeos home means that it is quite highly priced by Canadian standards.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

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

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

In Keremeos, 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.

With a median listing price of $303,950, Keremeos is Canada’s 214th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Keremeos has a median home price of $303,950.

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.

This month we track 115th neighbourhoods in British Columbia, and Keremeos has the 115th most choice available for real estate investors.

As one of British Columbia’s many potential real estate investment neighbourhoods, Keremeos 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 Keremeos, housing stock available seems to be falling – this could mean that homes values might increase faster.

Beds Median price (House) Median price (Apartment)
2 bedrooms $240,450
3 bedrooms $389,000
4 bedrooms $748,000
Demographics
  • Population in 20111330
  • Population in 20061289
  • 2006 to 2011 population change (%)3.2
  • Total private dwellings703
  • Private dwellings occupied by usual residents663
  • Population density per square kilometre635.4
  • Land area (square km)2.09
  • Age Characteristics
    Total population by age groups 1330
    0 to 4 years 40
    5 to 9 years 35
    10 to 14 years 50
    15 to 19 years 45
    15 years 5
    16 years 10
    17 years 15
    18 years 10
    19 years 5
    20 to 24 years 30
    25 to 29 years 30
    30 to 34 years 40
    35 to 39 years 55
    40 to 44 years 45
    45 to 49 years 70
    50 to 54 years 85
    55 to 59 years 115
    60 to 64 years 175
    65 to 69 years 150
    70 to 74 years 115
    75 to 79 years 115
    80 to 84 years 80
    85 years and over 65
    Median age of the population 60.8
    % of the population aged 15 and over 90.8
  • Marital Status
    Total population 15 years and over by marital status 1210
    Married or living with a common-law partner 810
    Married (and not separated) 675
    Living common-law 130
    Not married and not living with a common-law partner 400
    Single (never legally married) 140
    Separated 35
    Divorced 95
    Widowed 120
    Family Characteristics
    Total number of census families in private households 440
    Size of census family: 2 persons 340
    Size of census family: 3 persons 50
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 15
    Total number of census families in private households 440
    Total couple families by family structure and number of children 395
    Married couples 335
    Without children at home 265
    With children at home 65
    1 child 35
    2 children 20
    3 or more children 10
    Common-law couples 65
    Without children at home 45
    With children at home 20
    1 child 5
    2 children 5
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 40
    Female parent 35
    1 child 20
    2 children 5
    3 or more children 5
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 210
    Under six years of age 40
    6 to 14 years 80
    15 to 17 years 25
    18 to 24 years 25
    25 years and over 35
    Average number of children at home per census family 0.5
  • Household And Dwelling Characteristics
    Total number of persons in private households 1310
    Number of persons not in census families 260
    Living with relatives 20
    Living with non-relatives only 30
    Living alone 215
    Number of census family persons 1050
    Average number of persons per census family 2.4
    Total number of persons 65 years and over in private households 510
    Number of persons not in census families aged 65 years and over 140
    Living with relatives 10
    Living with non-relatives only 5
    Living alone 125
    Number of census family persons aged 65 years and over 365
    Total number of private households by household type 665
    Census-family households 435
    One-family-only households 415
    Couple-family households 375
    Without children 300
    With children 75
    Lone-parent-family households 35
    Other family households 20
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 5
    With children 5
    Lone-parent-family households 0
    Two-or-more-family households 10
    Non-census-family households 230
    One-person households 215
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 665
    Single-detached house 495
    Apartment, building that has five or more storeys 0
    Movable dwelling 45
    Other dwelling 120
    Semi-detached house 25
    Row house 60
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 30
    Other single-attached house 10
    Total number of private households by household size 665
    1 person 215
    2 persons 340
    3 persons 55
    4 persons 30
    5 persons 10
    6 or more persons 10
    Number of persons in private households 1310
    Average number of persons in private households 2
Census 2011

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