Donald, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $550,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.2% |
| Stock on market | 0.6% |
Apartment
| Median price | $320,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.8% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $475,000 |
| 3 bedrooms | $550,000 |
| 4 bedrooms | $625,000 |
Apartments
| Bedrooms | Median Price |
|---|---|
| 1 bedrooms | $270,000 |
| 2 bedrooms | $350,000 |
| 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 Donald, British Columbia, is experiencing a period of steady growth. With a median house price currently standing at $550,000, the market has seen an appreciable year-over-year increase of 4.2%. This suggests a robust demand for single-family homes and a competitive market for buyers.
Meanwhile, the median apartment price is relatively more affordable at $320,000, with a more modest growth trend of 2.8% year-over-year. This indicates that the apartment market is also growing but at a slower pace compared to houses, possibly reflecting a different demand dynamic or a greater supply of apartment units.
Investment Opportunities and Potential
The investment opportunities in Donald’s real estate market are promising due to the consistent growth in property values. For investors targeting the housing sector, the current trends suggest that purchasing residential properties could lead to capital gains over time given the steady appreciation rate.
With regard to apartments, the lower median price coupled with growth indicates an accessible entry point for investors looking to enter the rental market or cater to first-time homebuyers. Furthermore, the ongoing population growth of 3.3%, which has brought Donald’s population to approximately 15,500, is likely contributing to increased housing demand and may continue to do so in the foreseeable future.
Future Market Outlook
Looking ahead, Donald’s real estate market demonstrates potential for continued growth. The positive population trend bodes well for sustained demand across both housing and apartment markets. Given that both segments have witnessed year-over-year price increases, it is reasonable to anticipate that this upward trajectory may persist.
However, it is essential for investors and stakeholders to monitor local economic factors, interest rates, and any changes in government housing policies that could influence market conditions. While current indicators are favorable, real estate markets can be sensitive to broader economic shifts which may impact future outlooks.
