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Burton, BC

Updated: Aug 2016
House
Median price $489,500
Monthly growth 63.71 %
Quarterly trend
Stock on market 1.05%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Burton Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Burton is number 453 putting it ahead of most neighbourhoods .

Want a cheaply priced house? Then at $489,500 this month, Burton, British Columbia is probably not for you price wise.

Burton’s most common listing this month is 3 bedroom properties, less than province’s most common offering of 4 bedrooms.

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

Because the amount of real estate listed for sale has increased it looks like housing market forces in neighbourhood are likely to drive prices down.

When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.

There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Burton 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)
2 bedrooms $342,000
3 bedrooms $476,950
4 bedrooms $514,500
5 bedrooms $499,000
Demographics
  • Population in 20111759
  • Population in 20061800
  • 2006 to 2011 population change (%)-2.3
  • Total private dwellings1147
  • Private dwellings occupied by usual residents826
  • Population density per square kilometre0.4
  • Land area (square km)4380.24