Anmore, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $1,850,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 2.8% |
| Stock on market | 0.5% |
Apartment
| Median price | $800,000 |
| Monthly growth | 0.7% |
| Quarterly trend | 1.5% |
| Stock on market | 0.9% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $1,600,000 |
| 3 bedrooms | $1,850,000 |
| 4 bedrooms | $2,100,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $700,000 |
| 2 bedrooms | $850,000 |
| 3 bedrooms | $950,000 |
Demographics
| Current Population (2025) | 15,000 |
| Previous Population (2020) | 14,500 |
| Population Change | 3.4% |
| Total Private Dwellings | 5,500 |
| Occupied Private Dwellings | 5,200 |
| Population Density (per km²) | 6.0 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends in Anmore, British Columbia
In Anmore, British Columbia, the real estate market has been exhibiting signs of stability with a moderate growth in property values. The median house price stands at $1,850,000, reflecting a year-over-year increase of 2.8%. This uptick indicates a healthy demand for single-family homes in this suburban community, often favored for its scenic beauty and tranquil environment.
Apart from houses, the apartment market has also witnessed growth, albeit at a slower pace. The median apartment price is currently $800,000, which has risen by 1.5% over the past year. This slower rate of increase suggests a more balanced market for apartments, possibly due to a greater availability or less urgency among buyers when compared to the single-family home segment.
The population of Anmore now stands at approximately 15,000 residents with an impressive growth rate of 3.4%. The consistent influx of new residents is likely contributing to the sustained demand for housing in the area.
Investment Opportunities and Potential in Anmore
Anmore’s real estate market offers promising investment opportunities, particularly in the single-family home sector. Given the steady appreciation in house prices and the area’s appeal to families looking for upscale living outside of urban centers, investors could potentially benefit from both rental income and capital gains.
The moderate increase in apartment prices also presents possibilities for those looking to invest in multi-unit residential properties. While the growth rate is lower than that of houses, it signals a steady market with potential for long-term returns without the volatility seen in some urban markets.
Considering the ongoing population growth and Anmore’s attraction as a suburban retreat with proximity to metropolitan Vancouver, investment in residential properties appears poised for continued growth. The luxury end of the market could be particularly lucrative due to Anmore’s reputation for high-end homes and estates.
Future Market Outlook for Anmore Real Estate
The future outlook for Anmore’s real estate market remains optimistic. Population growth is expected to persist as more individuals and families seek out communities that offer space, natural beauty, and quality of life—all characteristics inherent to Anmore. With this demographic trend, demand for housing is likely to remain robust.
The steady climb in median house prices suggests that Anmore will continue to attract premium property investments. While no market is immune to economic fluctuations or policy changes that affect housing affordability and mortgage rates, Anmore’s current trajectory points towards gradual and sustainable growth.
The apartment sector may experience similar stability with gentle price increases as developers respond to changing demographics and housing needs. Overall, investors can look forward to a stable and maturing real estate landscape in Anmore with favorable conditions for medium- to long-term investments.
