Beasley, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $510,000 |
| Monthly growth | 1.5% |
| Quarterly trend | 4.0% |
| Stock on market | 0.7% |
Apartment
| Median price | $315,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 1.8% |
| Stock on market | 1.1% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $420,000 |
| 3 bedrooms | $510,000 |
| 4 bedrooms | $620,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $260,000 |
| 2 bedrooms | $360,000 |
| 3 bedrooms | $460,000 |
Demographics
| Current Population (2025) | 15,500 |
| Previous Population (2020) | 15,000 |
| Population Change | 3.3% |
| Total Private Dwellings | 6,200 |
| Occupied Private Dwellings | 5,700 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Beasley, British Columbia, the real estate market is showing a consistent upward trend. With a median house price of $510,000 and a year-over-year increase of 4%, the market displays growth that aligns with overall economic optimism in the region. Correspondingly, the median apartment price stands at $315,000, which has experienced a moderate climb of 1.8% over the past year. This growth is occurring in a community with a population of 15,500 that has seen a robust population growth of 3.3%. These statistics suggest a steadily increasing demand for housing in Beasley.
Investment Opportunities and Potential
The investment landscape in Beasley presents promising opportunities, particularly in the residential sector. The solid growth in both house and apartment prices indicates that investments in real estate could see continued appreciation. The town’s population expansion bolsters this potential, as it signals ongoing and future demand for housing. For investors looking to enter the market or expand their portfolios, Beasley offers a balanced environment with both entry-level apartments and more substantial single-family homes presenting attractive options.
Future Market Outlook
Considering the current trends and demographic data, Beasley’s real estate market outlook appears optimistic. The upward trajectory of housing prices coupled with steady population growth suggests that demand for property will remain strong. Should these trends persist, investors can expect continued property value appreciation and rental market strength. However, as with any investment, it is crucial to monitor local and national economic indicators closely to anticipate changes that may impact this forecast.
