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Cortes Bay, BC

Updated: Aug 2016
House
Median price $479,000
Monthly growth -1.64 %
Quarterly trend
Stock on market 2.62%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cortes Bay Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Cortes Bay is number 476 putting it ahead of most neighbourhoods .

The median house price listed in Cortes Bay this month is $479,000.

Investors looking for properties in Cortes Bay are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

This month we track 158th neighbourhoods in British Columbia, and Cortes Bay has the 158th most choice available for real estate investors.

Will prices rise across the next year in in Cortes Bay? There are a number of real estate indicators to consider.

In Cortes Bay, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

Across Canada the most common number of bedroom property being listed has 2 bedrooms, in Aug this neighbourhood’s most common listing the same as the national average.

It’s never an exact art, but to try to forecast how property is going to appreciate in Cortes Bay for investors, it’s important to look at data like:

If you are looking at investment properties in Cortes Bay, then there are about the same homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a steadily priced.

Beds Median price (House) Median price (Apartment)
1 bedroom $186,000
2 bedrooms $495,000
3 bedrooms $485,000
Demographics
  • Population in 20061042
  • 2006 to 2011 population change (%)-3.4
  • Total private dwellings725
  • Private dwellings occupied by usual residents501
  • Population density per square kilometre7.4
  • Land area (square km)135.6
  • Population in 20111007

Age Characteristics

Total population by age groups 1005
0 to 4 years 40
5 to 9 years 70
10 to 14 years 50
15 to 19 years 25
15 years 10
16 years 5
17 years 10
18 years 5
19 years 5
20 to 24 years 20
25 to 29 years 20
30 to 34 years 50
35 to 39 years 80
40 to 44 years 55
45 to 49 years 75
50 to 54 years 80
55 to 59 years 95
60 to 64 years 125
65 to 69 years 100
70 to 74 years 45
75 to 79 years 40
80 to 84 years 25
85 years and over 15
Median age of the population 51.1
% of the population aged 15 and over 83.7

Marital Status

Total population 15 years and over by marital status 845
Married or living with a common-law partner 500
Married (and not separated) 355
Living common-law 145
Not married and not living with a common-law partner 345
Single (never legally married) 185
Separated 40
Divorced 90
Widowed 30

Family Characteristics

Total number of census families in private households 285
Size of census family: 2 persons 190
Size of census family: 3 persons 45
Size of census family: 4 persons 30
Size of census family: 5 or more persons 20
Total number of census families in private households 285
Total couple families by family structure and number of children 240
Married couples 170
Without children at home 125
With children at home 50
1 child 20
2 children 15
3 or more children 10
Common-law couples 70
Without children at home 45
With children at home 30
1 child 15
2 children 10
3 or more children 5
Total lone-parent families by sex of parent and number of children 40
Female parent 25
1 child 20
2 children 5
3 or more children 0
Male parent 15
1 child 5
2 children 5
3 or more children 0
Total children in census families in private households 215
Under six years of age 55
6 to 14 years 105
15 to 17 years 15
18 to 24 years 20
25 years and over 15
Average number of children at home per census family 0.7

Household And Dwelling Characteristics

Total number of persons in private households 995
Number of persons not in census families 255
Living with relatives 10
Living with non-relatives only 45
Living alone 200
Number of census family persons 740
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 220
Number of persons not in census families aged 65 years and over 65
Living with relatives 5
Living with non-relatives only 0
Living alone 60
Number of census family persons aged 65 years and over 155
Total number of private households by household type 500
Census-family households 285
One-family-only households 275
Couple-family households 240
Without children 160
With children 75
Lone-parent-family households 35
Other family households 10
One-family households with persons not in a census family 10
Couple-family households 5
Without children 5
With children 0
Lone-parent-family households 5
Two-or-more-family households 0
Non-census-family households 215
One-person households 200
Two-or-more-person households 15
Total number of occupied private dwellings by structural type of dwelling 500
Single-detached house 470
Apartment, building that has five or more storeys 0
Movable dwelling 25
Other dwelling 10
Semi-detached house 0
Row house 0
Apartment, duplex 10
Apartment, building that has fewer than five storeys 0
Other single-attached house 0
Total number of private households by household size 500
1 person 200
2 persons 190
3 persons 55
4 persons 30
5 persons 20
6 or more persons 5
Number of persons in private households 990
Average number of persons in private households 2

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