Real Estate Market Report for
Mission, BC

Updated : Aug 2016
House
  • Median price $599,888
  • Monthly growth 7.31 %
  • Quarterly trend
  • Stock on market 2.08%
Apartment
  • Median price $199,800
  • Monthly growth -4.85 %
  • Quarterly trend
  • Stock on market 0.12%
Mission Home Price

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Canada’s national median home listing price this month is $290,900, which means that Mission is in the top 20% for Canada.

Want a cheaply priced house? Then at $599,888 this month, Mission, British Columbia is probably not for you price wise.

How big are the houses being sold in Mission? This month there are 5 one bedroom 32 two bedroom 81 three bedroom 71 four bedroom 52 five bedroom homes on the market.

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

If you are looking at investment properties in Mission, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Mission was Canada’s 575th most expensive suburb by listed median house price this month.

While the median for British Columbia is $349,000 , which means that Mission’s median price is $199,800 below average than the rest of the province.

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

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Mission has a pretty average amount compared to the rest of the province

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

In Mission, 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $649,000 $116,900
2 bedrooms $512,450 $210,000
3 bedrooms $535,000 $215,000
4 bedrooms $579,888
5 bedrooms $629,950
6 bedrooms $759,000
Demographics
  • Population in 201136426
  • Population in 200634505
  • 2006 to 2011 population change (%)5.6
  • Total private dwellings13820
  • Private dwellings occupied by usual residents12787
  • Population density per square kilometre161.4
  • Land area (square km)225.7
  • Age Characteristics
    Total population by age groups 36430
    0 to 4 years 2155
    5 to 9 years 2360
    10 to 14 years 2420
    15 to 19 years 2685
    15 years 515
    16 years 550
    17 years 560
    18 years 540
    19 years 525
    20 to 24 years 2265
    25 to 29 years 2025
    30 to 34 years 2220
    35 to 39 years 2405
    40 to 44 years 2675
    45 to 49 years 3190
    50 to 54 years 3170
    55 to 59 years 2450
    60 to 64 years 2070
    65 to 69 years 1405
    70 to 74 years 1015
    75 to 79 years 775
    80 to 84 years 590
    85 years and over 540
    Median age of the population 39.3
    % of the population aged 15 and over 81
  • Marital Status
    Total population 15 years and over by marital status 29485
    Married or living with a common-law partner 17170
    Married (and not separated) 14335
    Living common-law 2830
    Not married and not living with a common-law partner 12320
    Single (never legally married) 7940
    Separated 885
    Divorced 2050
    Widowed 1445
    Family Characteristics
    Total number of census families in private households 10205
    Size of census family: 2 persons 4810
    Size of census family: 3 persons 2255
    Size of census family: 4 persons 2105
    Size of census family: 5 or more persons 1035
    Total number of census families in private households 10205
    Total couple families by family structure and number of children 8395
    Married couples 6980
    Without children at home 3035
    With children at home 3950
    1 child 1390
    2 children 1720
    3 or more children 840
    Common-law couples 1415
    Without children at home 750
    With children at home 670
    1 child 280
    2 children 245
    3 or more children 140
    Total lone-parent families by sex of parent and number of children 1805
    Female parent 1360
    1 child 745
    2 children 460
    3 or more children 160
    Male parent 445
    1 child 285
    2 children 125
    3 or more children 35
    Total children in census families in private households 11755
    Under six years of age 2565
    6 to 14 years 4255
    15 to 17 years 1555
    18 to 24 years 2380
    25 years and over 1010
    Average number of children at home per census family 1.2
  • Household And Dwelling Characteristics
    Total number of persons in private households 35465
    Number of persons not in census families 5110
    Living with relatives 1000
    Living with non-relatives only 1370
    Living alone 2735
    Number of census family persons 30360
    Average number of persons per census family 3
    Total number of persons 65 years and over in private households 3970
    Number of persons not in census families aged 65 years and over 1380
    Living with relatives 320
    Living with non-relatives only 110
    Living alone 945
    Number of census family persons aged 65 years and over 2590
    Total number of private households by household type 12790
    Census-family households 9595
    One-family-only households 8005
    Couple-family households 6770
    Without children 3020
    With children 3745
    Lone-parent-family households 1235
    Other family households 1590
    One-family households with persons not in a census family 1025
    Couple-family households 705
    Without children 235
    With children 465
    Lone-parent-family households 320
    Two-or-more-family households 560
    Non-census-family households 3195
    One-person households 2735
    Two-or-more-person households 460
    Total number of occupied private dwellings by structural type of dwelling 12790
    Single-detached house 8815
    Apartment, building that has five or more storeys 70
    Movable dwelling 65
    Other dwelling 3840
    Semi-detached house 240
    Row house 500
    Apartment, duplex 1845
    Apartment, building that has fewer than five storeys 1230
    Other single-attached house 30
    Total number of private households by household size 12785
    1 person 2735
    2 persons 4055
    3 persons 2215
    4 persons 2085
    5 persons 1010
    6 or more persons 685
    Number of persons in private households 35465
    Average number of persons in private households 2.8
Census 2011

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