Real Estate Market Report for
Watson Lake, YT

Updated : Aug 2016
House
  • Median price $224,450
  • Monthly growth 0.00 %
  • Quarterly trend
  • Stock on market 0.48%
Apartment
  • Median price
  • Monthly growth
  • Quarterly trend
  • Stock on market
Watson Lake 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

Across the country as a whole, Watson Lake is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

Want a cheaply priced house? Then at $224,450 this month, Watson Lake, Yukon is somewhere that you should look at price wise.

Yukon has the third least amount of properties available to property investors, with Watson Lake having 4th most in the province, out of a total of 4.

Will prices rise across the next year in in Watson Lake? There are a number of real estate indicators to consider.

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

When we look at the data we have, it can help with trying to establish whether or not Watson Lake is a good investment target.

If you are looking at investment properties in Watson Lake, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
2 bedrooms $232,000
Demographics
  • Population in 2011802
  • Population in 2006846
  • 2006 to 2011 population change (%)-5.2
  • Total private dwellings417
  • Private dwellings occupied by usual residents350
  • Population density per square kilometre131.3
  • Land area (square km)6.11
  • Age Characteristics
    Total population by age groups 800
    0 to 4 years 50
    5 to 9 years 45
    10 to 14 years 40
    15 to 19 years 50
    15 years 10
    16 years 10
    17 years 10
    18 years 10
    19 years 0
    20 to 24 years 50
    25 to 29 years 35
    30 to 34 years 50
    35 to 39 years 50
    40 to 44 years 50
    45 to 49 years 75
    50 to 54 years 65
    55 to 59 years 80
    60 to 64 years 65
    65 to 69 years 50
    70 to 74 years 20
    75 to 79 years 10
    80 to 84 years 10
    85 years and over 5
    Median age of the population 42.5
    % of the population aged 15 and over 82.3
  • Marital Status
    Total population 15 years and over by marital status 660
    Married or living with a common-law partner 390
    Married (and not separated) 265
    Living common-law 125
    Not married and not living with a common-law partner 270
    Single (never legally married) 175
    Separated 15
    Divorced 50
    Widowed 25
    Family Characteristics
    Total number of census families in private households 240
    Size of census family: 2 persons 140
    Size of census family: 3 persons 45
    Size of census family: 4 persons 40
    Size of census family: 5 or more persons 20
    Total number of census families in private households 235
    Total couple families by family structure and number of children 190
    Married couples 125
    Without children at home 70
    With children at home 60
    1 child 25
    2 children 25
    3 or more children 10
    Common-law couples 65
    Without children at home 40
    With children at home 25
    1 child 10
    2 children 10
    3 or more children 5
    Total lone-parent families by sex of parent and number of children 45
    Female parent 40
    1 child 20
    2 children 10
    3 or more children 5
    Male parent 10
    1 child 10
    2 children 0
    3 or more children 0
    Total children in census families in private households 230
    Under six years of age 65
    6 to 14 years 80
    15 to 17 years 25
    18 to 24 years 40
    25 years and over 20
    Average number of children at home per census family 1
  • Household And Dwelling Characteristics
    Total number of persons in private households 800
    Number of persons not in census families 140
    Living with relatives 20
    Living with non-relatives only 30
    Living alone 100
    Number of census family persons 655
    Average number of persons per census family 2.8
    Total number of persons 65 years and over in private households 100
    Number of persons not in census families aged 65 years and over 30
    Living with relatives 5
    Living with non-relatives only 0
    Living alone 25
    Number of census family persons aged 65 years and over 65
    Total number of private households by household type 350
    Census-family households 235
    One-family-only households 220
    Couple-family households 185
    Without children 105
    With children 80
    Lone-parent-family households 40
    Other family households 10
    One-family households with persons not in a census family 10
    Couple-family households 10
    Without children 0
    With children 0
    Lone-parent-family households 0
    Two-or-more-family households 5
    Non-census-family households 115
    One-person households 100
    Two-or-more-person households 15
    Total number of occupied private dwellings by structural type of dwelling 350
    Single-detached house 235
    Apartment, building that has five or more storeys 0
    Movable dwelling 60
    Other dwelling 55
    Semi-detached house 20
    Row house 0
    Apartment, duplex 5
    Apartment, building that has fewer than five storeys 35
    Other single-attached house 5
    Total number of private households by household size 350
    1 person 100
    2 persons 145
    3 persons 50
    4 persons 35
    5 persons 15
    6 or more persons 10
    Number of persons in private households 800
    Average number of persons in private households 2.3
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?