Real Estate Market Report for
Panorama, BC

Updated : Aug 2016
House
  • Median price $159,900
  • Monthly growth 77.86 %
  • Quarterly trend
  • Stock on market 1.05%
Apartment
  • Median price $129,000
  • Monthly growth 8.40 %
  • Quarterly trend
  • Stock on market 0.97%
Panorama Home Price

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With a median listing price of $159,900, Panorama is Canada’s 3682th most expensive when ordered by median listing price.

While the median for British Columbia is $519,000 , which means that Panorama’s median price is $159,900 below average than the rest of the province.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.

This month we track 112th neighbourhoods in British Columbia, and Panorama has the 112th most choice available for real estate investors.

Will prices rise across the next year in in Panorama? There are a number of real estate indicators to consider.

In Panorama, 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.

Panorama was Canada’s 930th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $129,000 in Panorama was relatively low 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.

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

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.

Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.

Beds Median price (House) Median price (Apartment)
1 bedroom $111,750 $109,000
2 bedrooms $164,900 $247,000
3 bedrooms $83,950
4 bedrooms $695,000
Demographics
  • Population in 20112635
  • Population in 20062939
  • 2006 to 2011 population change (%)-10.3
  • Total private dwellings3727
  • Private dwellings occupied by usual residents1110
  • Population density per square kilometre0.4
  • Land area (square km)6096.54
  • Age Characteristics
    Total population by age groups 2635
    0 to 4 years 85
    5 to 9 years 110
    10 to 14 years 135
    15 to 19 years 160
    15 years 35
    16 years 45
    17 years 25
    18 years 25
    19 years 35
    20 to 24 years 120
    25 to 29 years 125
    30 to 34 years 100
    35 to 39 years 120
    40 to 44 years 160
    45 to 49 years 175
    50 to 54 years 255
    55 to 59 years 265
    60 to 64 years 280
    65 to 69 years 215
    70 to 74 years 165
    75 to 79 years 105
    80 to 84 years 55
    85 years and over 20
    Median age of the population 51
    % of the population aged 15 and over 87.7
  • Marital Status
    Total population 15 years and over by marital status 2310
    Married or living with a common-law partner 1645
    Married (and not separated) 1405
    Living common-law 235
    Not married and not living with a common-law partner 665
    Single (never legally married) 425
    Separated 40
    Divorced 105
    Widowed 85
    Family Characteristics
    Total number of census families in private households 870
    Size of census family: 2 persons 580
    Size of census family: 3 persons 125
    Size of census family: 4 persons 115
    Size of census family: 5 or more persons 50
    Total number of census families in private households 870
    Total couple families by family structure and number of children 815
    Married couples 695
    Without children at home 455
    With children at home 240
    1 child 90
    2 children 100
    3 or more children 45
    Common-law couples 120
    Without children at home 85
    With children at home 35
    1 child 20
    2 children 15
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 60
    Female parent 40
    1 child 25
    2 children 15
    3 or more children 0
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 565
    Under six years of age 95
    6 to 14 years 225
    15 to 17 years 100
    18 to 24 years 100
    25 years and over 45
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 2615
    Number of persons not in census families 370
    Living with relatives 25
    Living with non-relatives only 135
    Living alone 205
    Number of census family persons 2245
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 550
    Number of persons not in census families aged 65 years and over 100
    Living with relatives 10
    Living with non-relatives only 0
    Living alone 85
    Number of census family persons aged 65 years and over 450
    Total number of private households by household type 1110
    Census-family households 855
    One-family-only households 795
    Couple-family households 750
    Without children 510
    With children 245
    Lone-parent-family households 45
    Other family households 60
    One-family households with persons not in a census family 40
    Couple-family households 35
    Without children 15
    With children 20
    Lone-parent-family households 5
    Two-or-more-family households 15
    Non-census-family households 255
    One-person households 210
    Two-or-more-person households 50
    Total number of occupied private dwellings by structural type of dwelling 1110
    Single-detached house 955
    Apartment, building that has five or more storeys 0
    Movable dwelling 45
    Other dwelling 115
    Semi-detached house 35
    Row house 30
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 40
    Other single-attached house 0
    Total number of private households by household size 1110
    1 person 210
    2 persons 580
    3 persons 135
    4 persons 125
    5 persons 40
    6 or more persons 20
    Number of persons in private households 2615
    Average number of persons in private households 2.4
Census 2011

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