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Balfour, BC

Updated: Aug 2016
House
Median price $299,900
Monthly growth -4.49 %
Quarterly trend
Stock on market 0.35%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Balfour Home Price

Balfour, British Columbia has a median house price of $299,900 when compiling all the home listings in Aug .

If you’re looking at investment properties in Balfour, then you’re most likely to find homes with 3 bedrooms on sale this month.

If you’re looking for a large choice of properties on sale when you’re adding to your real estate investment portfolio, then Balfour has fewer than average compared to the rest of the province

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

The amount of homes for sale in neighbourhood has increased over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also slipped.

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.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Balfour will hopefully provide an indicator to help you where to research in-depth

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
3 bedrooms $299,900
4 bedrooms $309,750
Demographics
  • 2006 to 2011 population change (%)1.7
  • Total private dwellings1985
  • Private dwellings occupied by usual residents1661
  • Population density per square kilometre4.7
  • Land area (square km)802.75
  • Population in 20113781
  • Population in 20063716