Dashwood, 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
Current Market Conditions and Trends
The real estate market in Dashwood, British Columbia, currently exhibits steady growth. With a median house price of $500,000, the market has seen a year-over-year increase of 3.5%. This consistent rise suggests a stable market environment that is conducive to both buyers and sellers. The apartment sector is also showing positive movement, with a median price point of $300,000 and an annual appreciation rate of 2.1%. This data indicates a smaller yet significant investment return for those interested in the multi-family housing market.
Additionally, the population in Dashwood has experienced a substantial growth of 7.1%, which can be attributed to various factors such as economic opportunities, quality of life, and attractive real estate options. The increasing population is likely to continue driving demand for housing across the board.
Investment Opportunities and Potential
Investors looking at Dashwood will find potential in both the single-family home segment and the apartment market. The steady growth in house prices suggests that investing in residential property could yield promising returns over time. Given the significant population growth rate, there is an opportunity for investors to cater to new residents seeking homeownership or rental options.
For those interested in the rental market or more affordable entry points into real estate investment, apartments represent a viable choice with their 2.1% price increase trend. As housing demand is likely to remain robust due to population influxes, both rental rates and apartment values may continue to rise.
It’s important for investors to consider factors such as location within Dashwood, future infrastructure developments, and local economic conditions when evaluating potential investment properties.
Future Market Outlook
Looking forward, the real estate market in Dashwood appears poised for continued growth. The strong population increase serves as a foundational driver for sustained demand in housing. If current trends persist, both the median house and apartment prices are expected to maintain their upward trajectories.
However, investors should remain aware of broader economic conditions and potential shifts in local policies that might impact the real estate landscape. Factors such as interest rates, employment rates, and government incentives can all influence future market outcomes.
In conclusion, Dashwood presents an attractive market for real estate investment with its positive price trends and robust population growth. A careful analysis of market conditions and strategic investment choices are recommended to capitalize on the potential that this community offers.
