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Nelson Island, BC

Updated: Aug 2016
House
Median price $350,000
Monthly growth 0.00 %
Quarterly trend
Stock on market 0.13%
Apartment
Median price
Monthly growth
Quarterly trend
Stock on market

Nelson Island Home Price

Across the nation CREW lists data for 5162 neighbourhoods, and this month Nelson Island is number 1024 putting it ahead of most neighbourhoods .

In Aug the median listed house price of $350,000 in Nelson Island was a below average compared to the rest of British Columbia.

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.

British Columbia has the third most amount of properties available to property investors, with Nelson Island having 288th most in the province, out of a total of 359.

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

In Nelson Island, 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.

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

The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.

Beds Median price (House) Median price (Apartment)
2 bedrooms $369,000
Demographics
  • Population in 20112678
  • Population in 20062624
  • 2006 to 2011 population change (%)2.1
  • Total private dwellings2301
  • Private dwellings occupied by usual residents1323
  • Population density per square kilometre1.4
  • Land area (square km)1901.62