Real Estate Market Report for
Radium Hot Springs, BC

Updated : Aug 2016
House
  • Median price $267,900
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 2.77%
Apartment
  • Median price $175,000
  • Monthly growth -2.23 %
  • Quarterly trend
  • Stock on market 4.29%
Radium Hot Springs Home Price

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Radium Hot Springs was Canada’s 1859th most expensive suburb by listed median house price this month.

Want a cheaply priced house? Then at $267,900 this month, Radium Hot Springs, British Columbia is somewhere that you should look at price wise.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

British Columbia has the third most amount of properties available to property investors, with Radium Hot Springs having 121th most in the province, out of a total of 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.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Radium Hot Springs have dried up which would tend to indicate that demand is higher than the supply of new properties.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Radium Hot Springs is number 721 putting it in the bottom half of the country .

The $175,000 price tag on the median Radium Hot Springs home means that it is below the national norm.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.

There are 124 neighbourhoods that have more properties on sale than Radium Hot Springs at the moment in British Columbia which puts the neighbourhood top 40% when looking at the number of properties to choose from.

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

If you are looking at investment properties in Radium Hot Springs, 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 $131,450 $149,250
2 bedrooms $169,000 $167,450
3 bedrooms $259,900 $269,450
4 bedrooms $409,900 $235,400
5 bedrooms $499,900
Demographics

Corresponding census subdivisions are provided for the following place names where data is not available.

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