Real Estate Market Report for
Nelson, BC

Updated : Aug 2016
House
  • Median price $469,450
  • Monthly growth 34.51 %
  • Quarterly trend
  • Stock on market 2.45%
Apartment
  • Median price $404,000
  • Monthly growth 1.25 %
  • Quarterly trend
  • Stock on market 0.49%
Nelson Home Price

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The median asking price in Nelson is $469,450, a substantial increase over the median three months ago which was $449,000 .

Want a cheaply priced house? Then at $469,450 this month, Nelson, British Columbia is probably not for you price wise.

Investors looking for properties in Nelson are most likely to find 3 bedroom homes on offer this month, with 4 bedroom potential investment properties the second most popular.

Across British Columbia Nelson has the 40th most properties on offer with 359.

British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

If you are looking at investment properties in Nelson, 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.

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

With Nelson’s median house price at $404,000 in Aug , it is high priced compared to the rest of British Columbia.

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

There are 124 neighbourhoods that have more properties on sale than Nelson at the moment in British Columbia which puts the neighbourhood middle range when looking at the number of properties to choose from.

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

If you are looking at investment properties in Nelson, 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $549,000 $319,900
2 bedrooms $319,000 $409,000
3 bedrooms $377,000 $359,500
4 bedrooms $545,000
5 bedrooms $555,000 $464,389
6 bedrooms $1,200,000
Demographics
  • Population in 201110230
  • Population in 20069258
  • 2006 to 2011 population change (%)10.5
  • Total private dwellings4899
  • Private dwellings occupied by usual residents4627
  • Population density per square kilometre857.7
  • Land area (square km)11.93
  • Age Characteristics
    Total population by age groups 10230
    0 to 4 years 535
    5 to 9 years 535
    10 to 14 years 550
    15 to 19 years 665
    15 years 135
    16 years 125
    17 years 130
    18 years 125
    19 years 155
    20 to 24 years 580
    25 to 29 years 625
    30 to 34 years 745
    35 to 39 years 745
    40 to 44 years 690
    45 to 49 years 745
    50 to 54 years 790
    55 to 59 years 755
    60 to 64 years 695
    65 to 69 years 405
    70 to 74 years 295
    75 to 79 years 270
    80 to 84 years 300
    85 years and over 305
    Median age of the population 40.9
    % of the population aged 15 and over 84.1
  • Marital Status
    Total population 15 years and over by marital status 8610
    Married or living with a common-law partner 4295
    Married (and not separated) 3305
    Living common-law 990
    Not married and not living with a common-law partner 4310
    Single (never legally married) 2670
    Separated 310
    Divorced 775
    Widowed 550
    Family Characteristics
    Total number of census families in private households 2670
    Size of census family: 2 persons 1455
    Size of census family: 3 persons 575
    Size of census family: 4 persons 505
    Size of census family: 5 or more persons 130
    Total number of census families in private households 2670
    Total couple families by family structure and number of children 2090
    Married couples 1600
    Without children at home 785
    With children at home 810
    1 child 305
    2 children 390
    3 or more children 110
    Common-law couples 495
    Without children at home 290
    With children at home 200
    1 child 110
    2 children 80
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 575
    Female parent 455
    1 child 290
    2 children 135
    3 or more children 30
    Male parent 120
    1 child 85
    2 children 30
    3 or more children 5
    Total children in census families in private households 2580
    Under six years of age 600
    6 to 14 years 970
    15 to 17 years 360
    18 to 24 years 460
    25 years and over 185
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 9980
    Number of persons not in census families 2640
    Living with relatives 135
    Living with non-relatives only 810
    Living alone 1700
    Number of census family persons 7340
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 1405
    Number of persons not in census families aged 65 years and over 630
    Living with relatives 30
    Living with non-relatives only 20
    Living alone 580
    Number of census family persons aged 65 years and over 770
    Total number of private households by household type 4625
    Census-family households 2630
    One-family-only households 2400
    Couple-family households 1935
    Without children 990
    With children 945
    Lone-parent-family households 465
    Other family households 230
    One-family households with persons not in a census family 190
    Couple-family households 105
    Without children 60
    With children 50
    Lone-parent-family households 80
    Two-or-more-family households 40
    Non-census-family households 1995
    One-person households 1695
    Two-or-more-person households 305
    Total number of occupied private dwellings by structural type of dwelling 4630
    Single-detached house 2510
    Apartment, building that has five or more storeys 0
    Movable dwelling 95
    Other dwelling 2020
    Semi-detached house 210
    Row house 190
    Apartment, duplex 455
    Apartment, building that has fewer than five storeys 1145
    Other single-attached house 10
    Total number of private households by household size 4625
    1 person 1695
    2 persons 1515
    3 persons 660
    4 persons 560
    5 persons 150
    6 or more persons 45
    Number of persons in private households 9980
    Average number of persons in private households 2.2
Census 2011

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