Atlin, 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
1. Current Market Conditions and Trends
In Atlin, British Columbia, the real estate market is currently experiencing steady growth. The median house price stands at $500,000, marking a 3.5% year-over-year increase. This figure indicates a healthy upward trend in property values for houses in the region. Similarly, apartments are also showing positive price momentum, with the median apartment price reaching $300,000, accompanied by a 2.1% year-over-year growth rate.
The population of Atlin has reached 15,000 residents and is on an upward trajectory with a substantial growth rate of 7.1%. This significant increase in residents is indicative of strong local economic conditions and may suggest increased demand for housing in the near future.
2. Investment Opportunities and Potential
Given the current trends, investment opportunities within Atlin’s real estate market appear promising. The consistent appreciation in property values offers potential for capital gains over time. Investors looking to enter the market could benefit from focusing on residential properties given the population growth and consequent demand for housing.
Investment in rental properties might also be a strategic move considering the rising population and potential for an increasing number of renters who may not yet be ready or able to purchase homes. Additionally, new developments geared toward meeting this growing housing demand could present further opportunities for investors seeking to capitalize on Atlin’s market dynamics.
3. Future Market Outlook
The outlook for Atlin’s real estate market remains optimistic. Population growth is likely to continue serving as a key driver of demand for both ownership and rental properties. If current trends persist, we can expect property values to maintain their upward trajectory—albeit at a moderate pace—mirroring the recent historical increases of 3.5% for houses and 2.1% for apartments annually.
Investors should monitor local economic indicators and development plans closely as these factors will influence market conditions moving forward. Careful consideration of location within Atlin will be crucial since areas with better amenities and infrastructure are likely to experience higher appreciation rates.
In conclusion, while no market is without risk, Atlin presents a relatively stable investment environment with the potential for continued growth driven by demographic trends and regional economic strength.
