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McBride, BC

Updated: Aug 2016
House
Median price $222,000
Monthly growth 0.22 %
Quarterly trend
Stock on market 10.26%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

McBride Home Price

Across the country as a whole, McBride is pretty average when all of Canada’s suburbs are listed in order of real estate listing prices.

McBride, British Columbia has a median house price of $222,000 when compiling all the home listings in Aug .

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

Across British Columbia McBride has the 123th most properties on offer with 359.

Can we guarantee how well McBride is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.

Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in McBride there is less stock than three months ago. This would indicate home price pressure increasing as housing stock availability drops.

As one of British Columbia’s many potential real estate investment neighbourhoods, McBride 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.

Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.

Beds Median price (House) Median price (Apartment)
2 bedrooms $206,000
3 bedrooms $289,000
4 bedrooms $209,000
5 bedrooms $353,000
Demographics
  • Population in 2011586
  • Population in 2006660
  • 2006 to 2011 population change (%)-11.2
  • Total private dwellings312
  • Private dwellings occupied by usual residents256
  • Population density per square kilometre126.4
  • Land area (square km)4.64