Anglemont, British Columbia Real Estate Market Data
Updated: Nov 2024
House
Median price | $525,000 |
Monthly growth | 1.5% |
Quarterly trend | 4.2% |
Stock on market | 0.6% |
Apartment
Median price | $325,000 |
Monthly growth | 1.1% |
Quarterly trend | 2.5% |
Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
Bedrooms | Median Price |
---|---|
2 bedrooms | $450,000 |
3 bedrooms | $525,000 |
4 bedrooms | $650,000 |
Apartments
Bedrooms | Median Price |
---|---|
1 bedrooms | $260,000 |
2 bedrooms | $360,000 |
3 bedrooms | $470,000 |
Demographics
Current Population (2025) | 15,500 |
Previous Population (2020) | 15,000 |
Population Change | 3.3% |
Total Private Dwellings | 6,200 |
Occupied Private Dwellings | 5,800 |
Population Density (per km²) | 1.6 |
Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Anglemont, British Columbia, the real estate market is currently experiencing a stable increase in property values. The median house price stands at $525,000, with a year-over-year growth rate of 4.2%. This suggests a healthy market that is attracting interest from buyers and investors alike. Similarly, the median apartment price has reached $325,000, growing at a slightly slower pace with a 2.5% increase year-over-year.
The population of Anglemont has seen a significant rise of 3.3%, indicating an expanding community currently totaling 15,500 residents. This growth may be contributing to the increased demand for housing in the area, which can lead to sustained or even accelerated price growth over time.
Investment Opportunities and Potential
The steady growth in property values presents notable investment opportunities in Anglemont’s real estate market. Given the consistent upward trend in house prices coupled with the population rise, investing in residential properties could yield favorable returns. With median house prices having increased by over 4%, investors may find value in purchasing single-family homes or land developments that cater to this growing community.
Apartment investments also offer potential due to their more accessible price point and the trend of moderate appreciation. Rental properties could be particularly attractive as the population increase may lead to higher rental demand, potentially offering investors both capital appreciation and rental income.
Future Market Outlook
The future outlook for Anglemont’s real estate market appears optimistic based on current trends and data. Population growth remains a strong indicator for continued demand in housing. If this trend persists, it could further drive up property prices and incentivize new housing developments.
The current trajectory of house and apartment prices suggests that real estate in Anglemont will continue to be a worthwhile investment for those looking at medium to long-term gains. However, potential investors should also consider local economic factors, interest rates, and national real estate policies that might affect future market conditions.
In conclusion, Anglemont’s real estate market shows promising signs for both homebuyers and investors. With careful analysis and strategic investment decisions, stakeholders could benefit from the town’s growing population and upward trending property values.