Ads Google

Keremeos, BC

Updated: Aug 2016
House
Median price $380,000
Monthly growth 24.81 %
Quarterly trend
Stock on market 5.26%
Apartment
Median price $303,950
Monthly growth 15.30 %
Quarterly trend
Stock on market 0.28%

Keremeos Home Price

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

The $380,000 price tag on the median Keremeos home means that it is quite highly priced by Canadian standards.

Across Canada the most common number of bedroom property being listed has 3 bedrooms, in Aug this neighbourhood’s most common listing has properties with fewer bedrooms.

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

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

In Keremeos, housing stock has decreased over the last three months, which would tend to mean that home buyers are snapping up properties faster than they come on the market.

With a median listing price of $303,950, Keremeos is Canada’s 214th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Keremeos has a median home price of $303,950.

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.

This month we track 115th neighbourhoods in British Columbia, and Keremeos has the 115th most choice available for real estate investors.

As one of British Columbia’s many potential real estate investment neighbourhoods, Keremeos 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 Keremeos, housing stock available seems to be falling – this could mean that homes values might increase faster.

Beds Median price (House) Median price (Apartment)
2 bedrooms $240,450
3 bedrooms $389,000
4 bedrooms $748,000
Demographics
  • Population in 20111330
  • Population in 20061289
  • 2006 to 2011 population change (%)3.2
  • Total private dwellings703
  • Private dwellings occupied by usual residents663
  • Population density per square kilometre635.4
  • Land area (square km)2.09