Anglemont, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $500,000 |
| Monthly growth | 1.2% |
| Quarterly trend | 3.5% |
| Stock on market | 0.8% |
Apartment
| Median price | $300,000 |
| Monthly growth | 0.9% |
| Quarterly trend | 2.1% |
| Stock on market | 1.2% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $400,000 |
| 3 bedrooms | $500,000 |
| 4 bedrooms | $600,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $250,000 |
| 2 bedrooms | $350,000 |
| 3 bedrooms | $450,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,000 |
| Population Change | 7.1% |
| Total Private Dwellings | 6,000 |
| Occupied Private Dwellings | 5,500 |
| Population Density (per km²) | 1.5 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
The real estate market in Anglemont, British Columbia, exhibits steady growth as indicated by the median house price of $500,000, representing a year-over-year increase of 3.5%. Similarly, the apartment sector has shown resilience with a median price of $300,000 and a growth trend of 2.1% over the same period. This indicates a balanced market that is experiencing sustainable appreciation in property values.
The population of Anglemont currently stands at 15,000 residents, with a robust growth rate of 7.1%. This surge suggests an increasing demand for housing and could be a precursor to upward pressure on real estate prices if the supply does not keep pace with demand.
Investment Opportunities and Potential
Coupled with the consistent upward trend in property values and significant population growth, Anglemont presents promising investment opportunities. The current statistics suggest a market that is ripe for both short-term gains through property flipping and long-term investment through rental properties. With apartments appreciating at a slightly slower rate than houses, there could be an opening for investors to enter the market at a lower price point.
The strong population growth hints at increased rental demand, which could benefit investors looking for steady cash flow. Given the current trends, investors may also see potential in new construction projects to meet the growing housing demand.
Future Market Outlook
The future outlook for Anglemont’s real estate market appears optimistic based on current data trends. If the population continues to grow at or above the current rate of 7.1%, it is reasonable to expect continued demand for housing which would support ongoing property value appreciation.
However, investors should monitor local economic drivers and potential changes in interest rates or government policies that could impact the real estate market. Keeping an eye on inventory levels will also be crucial, as a significant increase could temper price growth.
In summary, Anglemont’s real estate market holds promise but requires attentive analysis as conditions evolve. Investors should remain informed about local and national developments that could influence market dynamics.
