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Ladysmith, BC

Updated: Aug 2016
House
Median price $424,950
Monthly growth 6.38 %
Quarterly trend
Stock on market 1.80%
Apartment
Median price $229,900
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.17%

Ladysmith Home Price

The median asking price in Ladysmith is $424,950, a substantial increase over the median three months ago which was $379,900 .

In Aug the median listed house price of $424,950 in Ladysmith was an above average compared to the rest of British Columbia.

This month we track 76th neighbourhoods in British Columbia, and Ladysmith has the 76th most choice available for real estate investors.

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

Over the last three months in Ladysmith, housing stock available seems to be getting more prevalent – this could mean that homes values might be less affected by availability problems.

Canada’s national median home listing price this month is $244,900, which means that Ladysmith is close to average for Canada.

The median house price listed in Ladysmith this month is $229,900.

In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 2.

British Columbia has the third most amount of properties available to property investors, with Ladysmith having 84th most in the province, out of a total of 124.

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

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Ladysmith there is more stock than three months ago. This would indicate pressure on prices easing.

Beds Median price (House) Median price (Apartment)
2 bedrooms $299,900 $179,900
3 bedrooms $424,900
4 bedrooms $489,000
5 bedrooms $524,900
6 bedrooms $582,000
Demographics
  • Population in 20117921
  • Population in 20067538
  • 2006 to 2011 population change (%)5.1
  • Total private dwellings3564
  • Private dwellings occupied by usual residents3410
  • Population density per square kilometre660.6
  • Land area (square km)11.99