Real Estate Market Report for
Powell River, BC

Updated : Aug 2016
House
  • Median price $329,900
  • Monthly growth 6.76 %
  • Quarterly trend
  • Stock on market 1.37%
Apartment
  • Median price $157,000
  • Monthly growth -29.34 %
  • Quarterly trend
  • Stock on market 0.15%
Powell River Home Price

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With a median listing price of $329,900, Powell River is Canada’s 1169th most expensive when ordered by median listing price.

With Powell River’s median house price at $329,900 in Aug , it is below average compared to the rest of British Columbia.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

According to our stats, Powell River is the neighbourhood that has the 60th most properties available to real estate investors in British Columbia.

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 increased it looks like housing market forces in neighbourhood are likely to drive prices down.

While the median for British Columbia is $349,000 , which means that Powell River’s median price is $157,000 a lot lower than the rest of the province.

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

Across British Columbia Powell River has the 78th most properties on offer with 124.

It’s never an exact art, but to try to forecast how property is going to appreciate in Powell River for investors, it’s important to look at data like:

In Powell River, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Beds Median price (House) Median price (Apartment)
2 bedrooms $229,900 $142,350
3 bedrooms $334,450
4 bedrooms $346,750
5 bedrooms $354,900
6 bedrooms $429,900
Demographics
  • Population in 201113165
  • Population in 200612957
  • 2006 to 2011 population change (%)1.6
  • Total private dwellings6199
  • Private dwellings occupied by usual residents5901
  • Population density per square kilometre455.3
  • Land area (square km)28.91
  • Age Characteristics
    Total population by age groups 13165
    0 to 4 years 550
    5 to 9 years 610
    10 to 14 years 700
    15 to 19 years 830
    15 years 170
    16 years 190
    17 years 185
    18 years 150
    19 years 140
    20 to 24 years 535
    25 to 29 years 470
    30 to 34 years 525
    35 to 39 years 620
    40 to 44 years 790
    45 to 49 years 1040
    50 to 54 years 1125
    55 to 59 years 1165
    60 to 64 years 1075
    65 to 69 years 890
    70 to 74 years 700
    75 to 79 years 580
    80 to 84 years 515
    85 years and over 445
    Median age of the population 49.6
    % of the population aged 15 and over 85.9
  • Marital Status
    Total population 15 years and over by marital status 11310
    Married or living with a common-law partner 6655
    Married (and not separated) 5550
    Living common-law 1110
    Not married and not living with a common-law partner 4650
    Single (never legally married) 2350
    Separated 375
    Divorced 955
    Widowed 975
    Family Characteristics
    Total number of census families in private households 3875
    Size of census family: 2 persons 2425
    Size of census family: 3 persons 705
    Size of census family: 4 persons 535
    Size of census family: 5 or more persons 210
    Total number of census families in private households 3870
    Total couple families by family structure and number of children 3265
    Married couples 2710
    Without children at home 1715
    With children at home 1000
    1 child 410
    2 children 415
    3 or more children 170
    Common-law couples 550
    Without children at home 340
    With children at home 210
    1 child 115
    2 children 70
    3 or more children 25
    Total lone-parent families by sex of parent and number of children 610
    Female parent 465
    1 child 265
    2 children 155
    3 or more children 40
    Male parent 145
    1 child 100
    2 children 25
    3 or more children 20
    Total children in census families in private households 3100
    Under six years of age 650
    6 to 14 years 1195
    15 to 17 years 520
    18 to 24 years 490
    25 years and over 245
    Average number of children at home per census family 0.8
  • Household And Dwelling Characteristics
    Total number of persons in private households 12775
    Number of persons not in census families 2530
    Living with relatives 175
    Living with non-relatives only 455
    Living alone 1905
    Number of census family persons 10245
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 2820
    Number of persons not in census families aged 65 years and over 1010
    Living with relatives 55
    Living with non-relatives only 55
    Living alone 900
    Number of census family persons aged 65 years and over 1810
    Total number of private households by household type 5900
    Census-family households 3820
    One-family-only households 3555
    Couple-family households 3055
    Without children 1925
    With children 1130
    Lone-parent-family households 500
    Other family households 260
    One-family households with persons not in a census family 205
    Couple-family households 140
    Without children 80
    With children 60
    Lone-parent-family households 70
    Two-or-more-family households 55
    Non-census-family households 2085
    One-person households 1905
    Two-or-more-person households 175
    Total number of occupied private dwellings by structural type of dwelling 5900
    Single-detached house 4430
    Apartment, building that has five or more storeys 15
    Movable dwelling 175
    Other dwelling 1285
    Semi-detached house 185
    Row house 120
    Apartment, duplex 215
    Apartment, building that has fewer than five storeys 750
    Other single-attached house 15
    Total number of private households by household size 5900
    1 person 1905
    2 persons 2370
    3 persons 775
    4 persons 580
    5 persons 190
    6 or more persons 80
    Number of persons in private households 12775
    Average number of persons in private households 2.2
Census 2011

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