Real Estate Market Report for
Madeira Park, BC

Home Top NeighbourhoodsMadeira Park, British Columbia

Updated : Aug 2016

House

Median price $624,250
Monthly growth 15.81 %
Quarterly trend
Stock on market 1.13%

Apartment

Median price
Monthly growth
Quarterly trend
Stock on market

Madeira Park Home Price

Can you afford to buy here? If you like, we can get one of our mortgage experts to tell you exactly how much you can borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

House Report
Apartment Report

With a median listing price of $624,250, Madeira Park is Canada’s 239th most expensive when ordered by median listing price.

In Aug the median listed house price of $624,250 in Madeira Park was an impressive compared to the rest of British Columbia.

In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 2.

According to our stats, Madeira Park is the neighbourhood that has the 133th most properties available to real estate investors in British Columbia.

When we look at the data we have, it can help with trying to establish whether or not Madeira Park is a good investment target.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Madeira Park there is more stock than three months ago. This would indicate pressure on prices easing.

When we look at the data we have, it can help with trying to establish whether or not Madeira Park is a good investment target.

If you are looking at investment properties in Madeira Park, 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.

Research property data for another neighbourhood

Find a mortgage broker in Madeira Park, BC

Beds	Median price (House)	Median price (Apartment)
1 bedroom	$939,500
2 bedrooms	$397,000
3 bedrooms	$649,000
4 bedrooms	$936,500
6 bedrooms	$1,204,500

Demographics

Population in 20112678
Population in 20062624
2006 to 2011 population change (%)2.1
Total private dwellings2301
Private dwellings occupied by usual residents1323
Population density per square kilometre1.4
Land area (square km)1901.62

Age Characteristics

Total population by age groups	2680
0 to 4 years	55
5 to 9 years	85
10 to 14 years	100
15 to 19 years	125
15 years	25
16 years	15
17 years	30
18 years	25
19 years	25
20 to 24 years	85
25 to 29 years	70
30 to 34 years	80
35 to 39 years	80
40 to 44 years	115
45 to 49 years	180
50 to 54 years	255
55 to 59 years	330
60 to 64 years	385
65 to 69 years	290
70 to 74 years	185
75 to 79 years	125
80 to 84 years	90
85 years and over	55
Median age of the population	56.7
% of the population aged 15 and over	91.1

Marital Status

Total population 15 years and over by marital status	2440
Married or living with a common-law partner	1565
Married (and not separated)	1305
Living common-law	265
Not married and not living with a common-law partner	875
Single (never legally married)	440
Separated	75
Divorced	200
Widowed	160

Family Characteristics

Total number of census families in private households	855
Size of census family: 2 persons	655
Size of census family: 3 persons	95
Size of census family: 4 persons	70
Size of census family: 5 or more persons	30
Total number of census families in private households	855
Total couple families by family structure and number of children	765
Married couples	635
Without children at home	495
With children at home	140
1 child	65
2 children	55
3 or more children	20
Common-law couples	130
Without children at home	100
With children at home	30
1 child	15
2 children	15
3 or more children	5
Total lone-parent families by sex of parent and number of children	85
Female parent	60
1 child	40
2 children	10
3 or more children	5
Male parent	30
1 child	25
2 children	0
3 or more children	5
Total children in census families in private households	435
Under six years of age	65
6 to 14 years	155
15 to 17 years	70
18 to 24 years	85
25 years and over	55
Average number of children at home per census family	0.5

Household And Dwelling Characteristics

Total number of persons in private households	2635
Number of persons not in census families	575
Living with relatives	30
Living with non-relatives only	110
Living alone	435
Number of census family persons	2060
Average number of persons per census family	2.4
Total number of persons 65 years and over in private households	730
Number of persons not in census families aged 65 years and over	200
Living with relatives	10
Living with non-relatives only	15
Living alone	170
Number of census family persons aged 65 years and over	530
Total number of private households by household type	1320
Census-family households	845
One-family-only households	795
Couple-family households	730
Without children	570
With children	160
Lone-parent-family households	65
Other family households	50
One-family households with persons not in a census family	40
Couple-family households	20
Without children	10
With children	10
Lone-parent-family households	20
Two-or-more-family households	10
Non-census-family households	480
One-person households	435
Two-or-more-person households	45
Total number of occupied private dwellings by structural type of dwelling	1325
Single-detached house	1190
Apartment, building that has five or more storeys	0
Movable dwelling	90
Other dwelling	45
Semi-detached house	20
Row house	0
Apartment, duplex	10
Apartment, building that has fewer than five storeys	10
Other single-attached house	0
Total number of private households by household size	1320
1 person	435
2 persons	655
3 persons	110
4 persons	90
5 persons	30
6 or more persons	15
Number of persons in private households	2630
Average number of persons in private households	2