Real Estate Market Report for
Tofino, BC

Updated : Aug 2016
House
  • Median price $599,000
  • Monthly growth -14.30 %
  • Quarterly trend
  • Stock on market 1.16%
Apartment
  • Median price $662,000
  • Monthly growth 11.07 %
  • Quarterly trend
  • Stock on market 0.77%
Tofino Home Price

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With a median listing price of $599,000, Tofino is Canada’s 268th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Tofino has a median home price of $599,000.

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

British Columbia has the third most amount of properties available to property investors, with Tofino having 208th most in the province, out of a total of 359.

Can we guarantee how well Tofino 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.

With Tofino’s median house price at $662,000 in Aug , it is high priced compared to the rest of British Columbia.

Across British Columbia Tofino has the 79th most properties on offer with 124.

Can we guarantee how well Tofino 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.

If you are looking at investment properties in Tofino, 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 $549,000
2 bedrooms $874,500 $665,000
3 bedrooms $469,000
5 bedrooms $877,000
Demographics
  • Population in 20111876
  • Population in 20061655
  • 2006 to 2011 population change (%)13.4
  • Total private dwellings1033
  • Private dwellings occupied by usual residents765
  • Population density per square kilometre178.2
  • Land area (square km)10.53
  • Age Characteristics
    Total population by age groups 1875
    0 to 4 years 110
    5 to 9 years 80
    10 to 14 years 50
    15 to 19 years 75
    15 years 20
    16 years 10
    17 years 10
    18 years 15
    19 years 15
    20 to 24 years 170
    25 to 29 years 270
    30 to 34 years 250
    35 to 39 years 195
    40 to 44 years 100
    45 to 49 years 95
    50 to 54 years 105
    55 to 59 years 150
    60 to 64 years 90
    65 to 69 years 70
    70 to 74 years 25
    75 to 79 years 15
    80 to 84 years 10
    85 years and over 15
    Median age of the population 33.7
    % of the population aged 15 and over 87.4
  • Marital Status
    Total population 15 years and over by marital status 1640
    Married or living with a common-law partner 755
    Married (and not separated) 490
    Living common-law 265
    Not married and not living with a common-law partner 885
    Single (never legally married) 710
    Separated 25
    Divorced 110
    Widowed 40
    Family Characteristics
    Total number of census families in private households 400
    Size of census family: 2 persons 215
    Size of census family: 3 persons 100
    Size of census family: 4 persons 65
    Size of census family: 5 or more persons 20
    Total number of census families in private households 400
    Total couple families by family structure and number of children 345
    Married couples 220
    Without children at home 105
    With children at home 110
    1 child 50
    2 children 45
    3 or more children 15
    Common-law couples 125
    Without children at home 75
    With children at home 50
    1 child 30
    2 children 15
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 55
    Female parent 40
    1 child 30
    2 children 10
    3 or more children 5
    Male parent 15
    1 child 10
    2 children 5
    3 or more children 0
    Total children in census families in private households 340
    Under six years of age 125
    6 to 14 years 95
    15 to 17 years 40
    18 to 24 years 50
    25 years and over 30
    Average number of children at home per census family 0.9
  • Household And Dwelling Characteristics
    Total number of persons in private households 1725
    Number of persons not in census families 635
    Living with relatives 15
    Living with non-relatives only 375
    Living alone 250
    Number of census family persons 1085
    Average number of persons per census family 2.7
    Total number of persons 65 years and over in private households 120
    Number of persons not in census families aged 65 years and over 50
    Living with relatives 5
    Living with non-relatives only 15
    Living alone 35
    Number of census family persons aged 65 years and over 70
    Total number of private households by household type 765
    Census-family households 395
    One-family-only households 335
    Couple-family households 290
    Without children 150
    With children 140
    Lone-parent-family households 45
    Other family households 60
    One-family households with persons not in a census family 50
    Couple-family households 45
    Without children 25
    With children 20
    Lone-parent-family households 10
    Two-or-more-family households 5
    Non-census-family households 370
    One-person households 250
    Two-or-more-person households 120
    Total number of occupied private dwellings by structural type of dwelling 765
    Single-detached house 410
    Apartment, building that has five or more storeys 0
    Movable dwelling 25
    Other dwelling 330
    Semi-detached house 65
    Row house 50
    Apartment, duplex 80
    Apartment, building that has fewer than five storeys 120
    Other single-attached house 5
    Total number of private households by household size 765
    1 person 250
    2 persons 250
    3 persons 145
    4 persons 85
    5 persons 25
    6 or more persons 10
    Number of persons in private households 1725
    Average number of persons in private households 2.2
Census 2011

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