Real Estate Market Report for
Ladysmith, BC

Updated : Aug 2016
House
  • Median price $424,950
  • Monthly growth 6.38 %
  • Quarterly trend
  • Stock on market 1.80%
Apartment
  • Median price $229,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.17%
Ladysmith Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

The median asking price in Ladysmith is $424,950, a substantial increase over the median three months ago which was $379,900 .

In Aug the median listed house price of $424,950 in Ladysmith was an above average compared to the rest of British Columbia.

This month we track 76th neighbourhoods in British Columbia, and Ladysmith has the 76th most choice available for real estate investors.

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

Over the last three months in Ladysmith, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Canada’s national median home listing price this month is $244,900, which means that Ladysmith is close to average for Canada.

The median house price listed in Ladysmith this month is $229,900.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

British Columbia has the third most amount of properties available to property investors, with Ladysmith having 84th most in the province, out of a total of 124.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ladysmith there is more stock than three months ago. This would indicate pressure on prices easing.

Beds Median price (House) Median price (Apartment)
2 bedrooms $299,900 $179,900
3 bedrooms $424,900
4 bedrooms $489,000
5 bedrooms $524,900
6 bedrooms $582,000
Demographics
  • Population in 20117921
  • Population in 20067538
  • 2006 to 2011 population change (%)5.1
  • Total private dwellings3564
  • Private dwellings occupied by usual residents3410
  • Population density per square kilometre660.6
  • Land area (square km)11.99
  • Age Characteristics
    Total population by age groups 7920
    0 to 4 years 355
    5 to 9 years 385
    10 to 14 years 400
    15 to 19 years 500
    15 years 105
    16 years 120
    17 years 105
    18 years 90
    19 years 90
    20 to 24 years 355
    25 to 29 years 285
    30 to 34 years 375
    35 to 39 years 400
    40 to 44 years 530
    45 to 49 years 580
    50 to 54 years 605
    55 to 59 years 630
    60 to 64 years 720
    65 to 69 years 555
    70 to 74 years 430
    75 to 79 years 340
    80 to 84 years 260
    85 years and over 225
    Median age of the population 48.3
    % of the population aged 15 and over 85.7
  • Marital Status
    Total population 15 years and over by marital status 6785
    Married or living with a common-law partner 4275
    Married (and not separated) 3615
    Living common-law 660
    Not married and not living with a common-law partner 2510
    Single (never legally married) 1280
    Separated 220
    Divorced 515
    Widowed 495
    Family Characteristics
    Total number of census families in private households 2465
    Size of census family: 2 persons 1490
    Size of census family: 3 persons 480
    Size of census family: 4 persons 365
    Size of census family: 5 or more persons 130
    Total number of census families in private households 2460
    Total couple families by family structure and number of children 2110
    Married couples 1780
    Without children at home 1080
    With children at home 695
    1 child 290
    2 children 305
    3 or more children 95
    Common-law couples 330
    Without children at home 195
    With children at home 135
    1 child 65
    2 children 45
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 350
    Female parent 275
    1 child 160
    2 children 95
    3 or more children 25
    Male parent 75
    1 child 50
    2 children 20
    3 or more children 0
    Total children in census families in private households 1970
    Under six years of age 430
    6 to 14 years 685
    15 to 17 years 315
    18 to 24 years 375
    25 years and over 170
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 7775
    Number of persons not in census families 1235
    Living with relatives 95
    Living with non-relatives only 225
    Living alone 915
    Number of census family persons 6540
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 1675
    Number of persons not in census families aged 65 years and over 480
    Living with relatives 30
    Living with non-relatives only 35
    Living alone 415
    Number of census family persons aged 65 years and over 1195
    Total number of private households by household type 3410
    Census-family households 2415
    One-family-only households 2240
    Couple-family households 1955
    Without children 1190
    With children 765
    Lone-parent-family households 285
    Other family households 170
    One-family households with persons not in a census family 120
    Couple-family households 85
    Without children 45
    With children 40
    Lone-parent-family households 40
    Two-or-more-family households 50
    Non-census-family households 1000
    One-person households 915
    Two-or-more-person households 80
    Total number of occupied private dwellings by structural type of dwelling 3410
    Single-detached house 2475
    Apartment, building that has five or more storeys 0
    Movable dwelling 105
    Other dwelling 825
    Semi-detached house 100
    Row house 400
    Apartment, duplex 40
    Apartment, building that has fewer than five storeys 250
    Other single-attached house 35
    Total number of private households by household size 3410
    1 person 915
    2 persons 1430
    3 persons 490
    4 persons 390
    5 persons 140
    6 or more persons 45
    Number of persons in private households 7775
    Average number of persons in private households 2.3
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?