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Invermere, BC

Updated: Aug 2016
House
Median price $469,000
Monthly growth 40.31 %
Quarterly trend
Stock on market 3.40%
Apartment
Median price $249,000
Monthly growth -0.18 %
Quarterly trend
Stock on market 1.52%

Invermere Home Price

Across the country as a whole, Invermere is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.

With Invermere’s median house price at $469,000 in Aug , it is above average compared to the rest of British Columbia.

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

As one of British Columbia’s many potential real estate investment neighbourhoods, Invermere needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

Over the last three months in Invermere, housing stock available seems to be falling – this could mean that homes values might increase faster.

Across the nation CREW lists data for 1054 neighbourhoods, and this month Invermere is number 365 putting it in the top half of the country .

With Invermere’s median house price at $249,000 in Aug , it is below average compared to the rest of British Columbia.

If you’re looking at investment properties in Invermere, then you’re most likely to find homes with 2 bedrooms on sale this month.

British Columbia has the third most amount of properties available to property investors, with Invermere having 45th most in the province, out of a total of 124.

As one of British Columbia’s many potential real estate investment neighbourhoods, Invermere needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.

It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Invermere have stayed pretty much the same which would tend to indicate that demand is steady.

Beds Median price (House) Median price (Apartment)
1 bedroom $147,450
2 bedrooms $409,000 $219,500
3 bedrooms $399,000 $283,000
4 bedrooms $610,950 $306,950
5 bedrooms $472,000
6 bedrooms $479,400
Demographics
  • Population in 20112955
  • Population in 20063002
  • 2006 to 2011 population change (%)-1.6
  • Total private dwellings1912
  • Private dwellings occupied by usual residents1219
  • Population density per square kilometre275.3
  • Land area (square km)10.73