Fintry, British Columbia Real Estate Market Data
Updated: Nov 2024
House
| Median price | $525,000 |
| Monthly growth | 1.1% |
| Quarterly trend | 4.0% |
| Stock on market | 0.6% |
Apartment
| Median price | $320,000 |
| Monthly growth | 0.8% |
| Quarterly trend | 2.5% |
| Stock on market | 1.0% |
Prices by Number of Bedrooms
Houses
| Bedrooms | Median Price |
|---|---|
| 2 bedrooms | $425,000 |
| 3 bedrooms | $525,000 |
| 4 bedrooms | $625,000 |
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 | 5,800 |
| Population Density (per km²) | 1.6 |
| Land Area (km²) | 2,500.5 |
Market Analysis
Current Market Conditions and Trends
In Fintry, British Columbia, the real estate market is currently experiencing a period of modest growth. The median house price stands at $525,000, which reflects a steady year-over-year increase of 4%. Similarly, the median apartment price has climbed to $320,000, with a slightly lower growth rate of 2.5% year-over-year. This consistent upward trend in property values indicates a healthy demand for housing in the area.
The local population has reached approximately 15,500 residents and is growing at an annual rate of 3.3%. This demographic expansion is contributing to the sustained demand for housing and may be indicative of future market opportunities. The combination of population growth and rising property values suggests that Fintry’s real estate market is both stable and robust.
Investment Opportunities and Potential
Considering the current market dynamics, investment opportunities in Fintry are promising. The consistent appreciation in house and apartment prices points to a strong potential for capital gains over the long term. Investors looking to enter the market could consider both residential properties for rent, as well as prospecting for land or properties that may benefit from further development due to the increasing local population.
Moreover, the rental market could offer attractive returns given the population growth; new residents may initially seek rental accommodation before purchasing homes. Additionally, investors should monitor areas within Fintry that might be slated for infrastructure improvements or new amenities, which can further enhance property values.
Future Market Outlook
The future outlook of Fintry’s real estate market appears positive. With ongoing population growth and a stable increase in property prices, both supply and demand dynamics are expected to remain healthy. If these trends continue along with economic stability within British Columbia, investors and homeowners can anticipate continued modest appreciation in their property values.
However, it is essential for stakeholders to remain vigilant about broader economic factors such as interest rates, employment rates, and regional developments that could influence the real estate market. Staying informed on these aspects will be crucial for maximizing investment potential and making informed decisions about entering or exiting the market.
