Across the nation CREW lists data for 5162 neighbourhoods, and this month Lillooet is number 2273 putting it in the top half of the country .
While the median for British Columbia is $519,000 , which means that Lillooet’s median price is $238,900 better than average than the rest of the province.
If you’re looking at investment properties in Lillooet, then you’re most likely to find homes with 3 bedrooms on sale this month.
According to our stats, Lillooet is the neighbourhood that has the 82th most properties available to real estate investors in British Columbia.
Is Lillooet 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 Lillooet there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.
When our research team crunched the numbers we calculated that Lillooet has a median home price of $167,000.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 4.
British Columbia has the third most amount of properties available to property investors, with Lillooet having 102th most in the province, out of a total of 124.
Can we guarantee how well Lillooet is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
In Lillooet, 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.