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
  • Population in 2011777
  • Population in 2006735
  • 2006 to 2011 population change (%)5.7
  • Total private dwellings1190
  • Private dwellings occupied by usual residents343
  • Population density per square kilometre122.5
  • Land area (square km)6.34
  • Age Characteristics
    Total population by age groups 775
    0 to 4 years 35
    5 to 9 years 35
    10 to 14 years 35
    15 to 19 years 40
    15 years 5
    16 years 10
    17 years 15
    18 years 15
    19 years 5
    20 to 24 years 40
    25 to 29 years 55
    30 to 34 years 35
    35 to 39 years 40
    40 to 44 years 45
    45 to 49 years 70
    50 to 54 years 70
    55 to 59 years 90
    60 to 64 years 65
    65 to 69 years 45
    70 to 74 years 30
    75 to 79 years 20
    80 to 84 years 15
    85 years and over 5
    Median age of the population 47.4
    % of the population aged 15 and over 86.4
  • Marital Status
    Total population 15 years and over by marital status 675
    Married or living with a common-law partner 460
    Married (and not separated) 375
    Living common-law 85
    Not married and not living with a common-law partner 210
    Single (never legally married) 130
    Separated 20
    Divorced 35
    Widowed 25
    Family Characteristics
    Total number of census families in private households 250
    Size of census family: 2 persons 165
    Size of census family: 3 persons 45
    Size of census family: 4 persons 30
    Size of census family: 5 or more persons 10
    Total number of census families in private households 250
    Total couple families by family structure and number of children 225
    Married couples 180
    Without children at home 120
    With children at home 60
    1 child 30
    2 children 25
    3 or more children 10
    Common-law couples 45
    Without children at home 30
    With children at home 15
    1 child 10
    2 children 5
    3 or more children 0
    Total lone-parent families by sex of parent and number of children 25
    Female parent 15
    1 child 15
    2 children 0
    3 or more children 0
    Male parent 5
    1 child 5
    2 children 0
    3 or more children 0
    Total children in census families in private households 165
    Under six years of age 45
    6 to 14 years 60
    15 to 17 years 30
    18 to 24 years 20
    25 years and over 15
    Average number of children at home per census family 0.7
  • Household And Dwelling Characteristics
    Total number of persons in private households 765
    Number of persons not in census families 125
    Living with relatives 15
    Living with non-relatives only 25
    Living alone 85
    Number of census family persons 640
    Average number of persons per census family 2.6
    Total number of persons 65 years and over in private households 115
    Number of persons not in census families aged 65 years and over 25
    Living with relatives 0
    Living with non-relatives only 5
    Living alone 15
    Number of census family persons aged 65 years and over 90
    Total number of private households by household type 340
    Census-family households 245
    One-family-only households 230
    Couple-family households 210
    Without children 140
    With children 70
    Lone-parent-family households 20
    Other family households 15
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 0
    With children 10
    Lone-parent-family households 5
    Two-or-more-family households 5
    Non-census-family households 95
    One-person households 85
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 345
    Single-detached house 155
    Apartment, building that has five or more storeys 0
    Movable dwelling 20
    Other dwelling 170
    Semi-detached house 15
    Row house 45
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 105
    Other single-attached house 0
    Total number of private households by household size 340
    1 person 85
    2 persons 165
    3 persons 35
    4 persons 35
    5 persons 10
    6 or more persons 5
    Number of persons in private households 765
    Average number of persons in private households 2.2
Census 2011

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