Real Estate Market Report for
Revelstoke, BC

Updated : Aug 2016
House
  • Median price $417,000
  • Monthly growth 23.00 %
  • Quarterly trend
  • Stock on market 1.18%
Apartment
  • Median price $346,750
  • Monthly growth 7.02 %
  • Quarterly trend
  • Stock on market 0.53%
Revelstoke Home Price

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Revelstoke was Canada’s 688th most expensive suburb by listed median house price this month.

In Aug the median listed house price of $417,000 in Revelstoke was an above average compared to the rest of British Columbia.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

This month we track 109th neighbourhoods in British Columbia, and Revelstoke has the 109th most choice available for real estate investors.

Can we guarantee how well Revelstoke 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.

The amount of homes for sale in neighbourhood has fallen over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also grown.

Canada’s national median home listing price this month is $244,900, which means that Revelstoke is in the top 20% for Canada.

With Revelstoke’s median house price at $346,750 in Aug , it is above average compared to the rest of British Columbia.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

According to our stats, Revelstoke is the neighbourhood that has the 62th most properties available to real estate investors in British Columbia.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Revelstoke will hopefully provide an indicator to help you where to research in-depth

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 Revelstoke have dried up which would tend to indicate that demand is higher than the supply of new properties.

Beds Median price (House) Median price (Apartment)
1 bedroom $244,900 $287,000
2 bedrooms $329,000 $489,000
3 bedrooms $431,000
4 bedrooms $497,450 $310,000
6 bedrooms $677,000
Demographics
  • Population in 20117139
  • Population in 20067230
  • 2006 to 2011 population change (%)-1.3
  • Total private dwellings3379
  • Private dwellings occupied by usual residents3076
  • Population density per square kilometre175.1
  • Land area (square km)40.76
  • Age Characteristics
    Total population by age groups 7135
    0 to 4 years 385
    5 to 9 years 345
    10 to 14 years 370
    15 to 19 years 415
    15 years 90
    16 years 100
    17 years 75
    18 years 75
    19 years 70
    20 to 24 years 390
    25 to 29 years 560
    30 to 34 years 575
    35 to 39 years 505
    40 to 44 years 465
    45 to 49 years 580
    50 to 54 years 640
    55 to 59 years 540
    60 to 64 years 410
    65 to 69 years 300
    70 to 74 years 235
    75 to 79 years 180
    80 to 84 years 145
    85 years and over 95
    Median age of the population 40.3
    % of the population aged 15 and over 84.6
  • Marital Status
    Total population 15 years and over by marital status 6040
    Married or living with a common-law partner 3615
    Married (and not separated) 2755
    Living common-law 865
    Not married and not living with a common-law partner 2425
    Single (never legally married) 1560
    Separated 155
    Divorced 400
    Widowed 310
    Family Characteristics
    Total number of census families in private households 2045
    Size of census family: 2 persons 1160
    Size of census family: 3 persons 415
    Size of census family: 4 persons 375
    Size of census family: 5 or more persons 100
    Total number of census families in private households 2045
    Total couple families by family structure and number of children 1780
    Married couples 1350
    Without children at home 735
    With children at home 615
    1 child 240
    2 children 285
    3 or more children 80
    Common-law couples 430
    Without children at home 270
    With children at home 165
    1 child 85
    2 children 60
    3 or more children 15
    Total lone-parent families by sex of parent and number of children 265
    Female parent 195
    1 child 110
    2 children 60
    3 or more children 20
    Male parent 75
    1 child 45
    2 children 25
    3 or more children 0
    Total children in census families in private households 1750
    Under six years of age 465
    6 to 14 years 640
    15 to 17 years 255
    18 to 24 years 250
    25 years and over 145
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 7060
    Number of persons not in census families 1490
    Living with relatives 90
    Living with non-relatives only 525
    Living alone 875
    Number of census family persons 5575
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 915
    Number of persons not in census families aged 65 years and over 350
    Living with relatives 20
    Living with non-relatives only 15
    Living alone 315
    Number of census family persons aged 65 years and over 570
    Total number of private households by household type 3075
    Census-family households 2010
    One-family-only households 1855
    Couple-family households 1645
    Without children 915
    With children 725
    Lone-parent-family households 215
    Other family households 155
    One-family households with persons not in a census family 120
    Couple-family households 85
    Without children 45
    With children 35
    Lone-parent-family households 35
    Two-or-more-family households 40
    Non-census-family households 1070
    One-person households 875
    Two-or-more-person households 190
    Total number of occupied private dwellings by structural type of dwelling 3075
    Single-detached house 2000
    Apartment, building that has five or more storeys 0
    Movable dwelling 440
    Other dwelling 630
    Semi-detached house 100
    Row house 70
    Apartment, duplex 130
    Apartment, building that has fewer than five storeys 320
    Other single-attached house 5
    Total number of private households by household size 3080
    1 person 875
    2 persons 1165
    3 persons 485
    4 persons 410
    5 persons 115
    6 or more persons 35
    Number of persons in private households 7065
    Average number of persons in private households 2.3
Census 2011

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