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Cortes Bay, BC

Updated: Aug 2016
House
Median price $479,000
Monthly growth -1.64 %
Quarterly trend
Stock on market 2.62%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Cortes Bay Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Cortes Bay is number 476 putting it ahead of most neighbourhoods .

The median house price listed in Cortes Bay this month is $479,000.

Investors looking for properties in Cortes Bay are most likely to find 3 bedroom homes on offer this month, with 2 bedroom potential investment properties the second most popular.

This month we track 158th neighbourhoods in British Columbia, and Cortes Bay has the 158th most choice available for real estate investors.

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

In Cortes Bay, housing stock has increased over the last three months, which would tend to mean that more sellers are listing their houses than there are buyers to absorb the housing stock.

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.

It’s never an exact art, but to try to forecast how property is going to appreciate in Cortes Bay for investors, it’s important to look at data like:

If you are looking at investment properties in Cortes Bay, 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.

Beds Median price (House) Median price (Apartment)
1 bedroom $186,000
2 bedrooms $495,000
3 bedrooms $485,000
Demographics
  • Population in 20061042
  • 2006 to 2011 population change (%)-3.4
  • Total private dwellings725
  • Private dwellings occupied by usual residents501
  • Population density per square kilometre7.4
  • Land area (square km)135.6
  • Population in 20111007