Anmore, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $1,525,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.2% |
| Stock on market | 0.5% |
Apartment
| Median price | $850,000 |
| Monthly growth | 0.7% |
| Quarterly trend | 1.8% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $1,200,000 |
| 3 bedrooms | $1,525,000 |
| 4 bedrooms | $1,850,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $780,000 |
| 2 bedrooms | $850,000 |
| 3 bedrooms | $950,000 |
Demographics
| Current Population (2025) | 20,000 |
| Previous Population (2020) | 19,500 |
| Population Change | 2.6% |
| Total Private Dwellings | 8,000 |
| Occupied Private Dwellings | 7,200 |
| Population Density (per km²) | 2.5 |
| Land Area (km²) | 3,000.0 |
Market Analysis
Current Market Conditions and Trends
As of the latest data, Anmore, British Columbia’s real estate market is experiencing steady growth. The median house price in the area is currently $1,525,000, which represents a 4.2% increase year-over-year. This suggests a healthy demand for detached homes in this market, possibly driven by buyers looking for more spacious living options outside of urban centers.
In the apartment sector, the median price stands at $850,000, with a more modest growth rate of 1.8% over the past year. The slower growth rate in apartment prices compared to houses may reflect a market where demand for higher-density living is less aggressive but still present.
Anmore’s population has reached approximately 20,000 residents, with a substantial population growth rate of 2.6%. This demographic trend indicates an expanding local market that could support ongoing real estate demand.
Investment Opportunities and Potential
The consistent growth in property values suggests that Anmore is a solid location for real estate investment. Detached homes appear to be particularly promising, given their stronger appreciation over the past year. Investors should consider this segment for its capital gains potential.
The slower growth in apartment prices may offer an entry point for investors seeking long-term rental income in a less competitive environment. Given the overall population growth and the increasing attractiveness of suburban areas post-pandemic, rental demand is likely to rise, potentially leading to higher yields over time.
The current trends also indicate potential for new development projects, especially aimed at accommodating the growing population. Developers might find opportunities in creating residential units that cater to families and professionals who prioritize space and natural surroundings.
Future Market Outlook
Moving forward, Anmore’s real estate market appears poised for continued growth. The strong performance of detached homes is likely to persist as remote work becomes more normalized and buyers seek environments that balance accessibility with quality of life.
The apartment market may see incremental gains as affordability concerns incentivize some buyers to consider higher-density housing options. Additionally, as new residents move into the area due to its population growth, demand across all housing types is expected to remain robust.
Investors and stakeholders should monitor infrastructure developments and community amenities closely as these factors will play a crucial role in sustaining Anmore’s attractiveness and supporting property values. Continued strategic investment in these areas could further enhance the desirability of Anmore’s real estate market.
