Attachie, 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 | $310,000 |
| Monthly growth | 1.0% |
| 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 | $480,000 |
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
The real estate market in Attachie, British Columbia is currently experiencing moderate growth. The median house price stands at $525,000, which reflects a year-over-year increase of 4.2%. This indicates a healthy demand for housing in the area, possibly driven by the positive population growth. The apartment sector is also witnessing a rise, with the median apartment price at $310,000, marking a 2.5% year-over-year increase. This suggests that both segments of the housing market are on an upward trajectory, albeit at different paces.
Investment Opportunities and Potential
The robust population growth of 3.3% in Attachie implies a growing demand for housing, which may present significant investment opportunities. The steady appreciation in house prices can be attractive to investors looking for capital gains, while the lower rate of increase in apartment prices could appeal to those seeking more affordable investment options with potential for rental income. With the current trends, the real estate market in Attachie might offer diverse investment opportunities ranging from residential properties for rent to purchasing properties for long-term value appreciation.
Future Market Outlook
The future outlook for Attachie’s real estate market appears promising. The consistent increase in population suggests an ongoing demand for housing, which should sustain property values over time. Assuming similar economic conditions continue, we can anticipate further moderate growth in property prices. However, it is important for investors to consider factors such as local employment rates, infrastructure development, and interest rates as they can significantly influence the market dynamics.
Potential investors should also monitor regional policies and any new developments that could impact the supply and demand balance in Attachie’s real estate market. Overall, if the current trends persist, we can expect a steady and measured progression in property values and investment potential within this region.
