Real Estate Market Report for
Princeton, BC

Updated : Aug 2016
House
  • Median price $319,900
  • Monthly growth 20.03 %
  • Quarterly trend
  • Stock on market 5.59%
Apartment
  • Median price $249,200
  • Monthly growth 4.07 %
  • Quarterly trend
  • Stock on market 0.80%
Princeton Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Canada’s national median home listing price this month is $290,900, which means that Princeton is in the top 40% for Canada.

Princeton, British Columbia has a median house price of $319,900 when compiling all the home listings in Aug .

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

According to our stats, Princeton is the neighbourhood that has the 61th most properties available to real estate investors in British Columbia.

Can we guarantee how well Princeton 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.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Princeton there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

Last month, Princeton was Canada’s 364th priciest – this month at number 364 it’s dropped -201 While month on month that number shouldn’t matter too much, as fluctuation is common, it’s worth checking back regularly to see whether the deterioration continues.

Princeton, British Columbia has a median house price of $249,200 when compiling all the home listings in Aug .

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

The number of homes for sale this month in the neighbourhood is close to last month at 124 in Aug .

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.

In Princeton, 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)
1 bedroom $119,900
2 bedrooms $279,900 $213,839
3 bedrooms $319,900 $251,150
4 bedrooms $359,900
5 bedrooms $549,900
Demographics
  • Population in 20112724
  • Population in 20062780
  • 2006 to 2011 population change (%)-2
  • Total private dwellings1504
  • Private dwellings occupied by usual residents1304
  • Population density per square kilometre260.2
  • Land area (square km)10.47
  • Age Characteristics
    Total population by age groups 2720
    0 to 4 years 130
    5 to 9 years 95
    10 to 14 years 125
    15 to 19 years 125
    15 years 20
    16 years 40
    17 years 20
    18 years 20
    19 years 25
    20 to 24 years 110
    25 to 29 years 130
    30 to 34 years 90
    35 to 39 years 125
    40 to 44 years 135
    45 to 49 years 185
    50 to 54 years 240
    55 to 59 years 235
    60 to 64 years 245
    65 to 69 years 235
    70 to 74 years 200
    75 to 79 years 130
    80 to 84 years 110
    85 years and over 85
    Median age of the population 52.5
    % of the population aged 15 and over 87.3
  • Marital Status
    Total population 15 years and over by marital status 2375
    Married or living with a common-law partner 1450
    Married (and not separated) 1135
    Living common-law 315
    Not married and not living with a common-law partner 930
    Single (never legally married) 430
    Separated 80
    Divorced 190
    Widowed 225
    Family Characteristics
    Total number of census families in private households 820
    Size of census family: 2 persons 565
    Size of census family: 3 persons 115
    Size of census family: 4 persons 95
    Size of census family: 5 or more persons 40
    Total number of census families in private households 820
    Total couple families by family structure and number of children 715
    Married couples 555
    Without children at home 400
    With children at home 155
    1 child 55
    2 children 70
    3 or more children 25
    Common-law couples 155
    Without children at home 95
    With children at home 60
    1 child 35
    2 children 15
    3 or more children 10
    Total lone-parent families by sex of parent and number of children 105
    Female parent 85
    1 child 55
    2 children 15
    3 or more children 15
    Male parent 20
    1 child 15
    2 children 5
    3 or more children 0
    Total children in census families in private households 540
    Under six years of age 155
    6 to 14 years 190
    15 to 17 years 75
    18 to 24 years 75
    25 years and over 50
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 2665
    Number of persons not in census families 595
    Living with relatives 40
    Living with non-relatives only 100
    Living alone 460
    Number of census family persons 2070
    Average number of persons per census family 2.5
    Total number of persons 65 years and over in private households 720
    Number of persons not in census families aged 65 years and over 275
    Living with relatives 15
    Living with non-relatives only 20
    Living alone 250
    Number of census family persons aged 65 years and over 440
    Total number of private households by household type 1305
    Census-family households 805
    One-family-only households 750
    Couple-family households 670
    Without children 470
    With children 195
    Lone-parent-family households 80
    Other family households 60
    One-family households with persons not in a census family 45
    Couple-family households 30
    Without children 10
    With children 20
    Lone-parent-family households 20
    Two-or-more-family households 10
    Non-census-family households 495
    One-person households 460
    Two-or-more-person households 40
    Total number of occupied private dwellings by structural type of dwelling 1305
    Single-detached house 990
    Apartment, building that has five or more storeys 0
    Movable dwelling 130
    Other dwelling 185
    Semi-detached house 30
    Row house 65
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 60
    Other single-attached house 20
    Total number of private households by household size 1300
    1 person 455
    2 persons 560
    3 persons 125
    4 persons 100
    5 persons 45
    6 or more persons 15
    Number of persons in private households 2665
    Average number of persons in private households 2
Census 2011

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Poll

Have your investment plans changed for 2017?