Trending

Explore post-pandemic homeownership and rental trends in Canada. Gain insights into the evolving real estate landscape. Stay informed and plan ahead.

Ads Google

Okanagan Falls, BC

Updated: Aug 2016
House
Median price $524,900
Monthly growth 1.92 %
Quarterly trend
Stock on market 2.21%
Apartment
Median price $219,950
Monthly growth 7.34 %
Quarterly trend
Stock on market 0.07%

Okanagan Falls Home Price

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

In Aug the median listed house price of $524,900 in Okanagan Falls was an above average compared to the rest of British Columbia.

3 bedroom properties are the most common available for real estate investors this month in neighbourhood.

There are 359 neighbourhoods that have more properties on sale than Okanagan Falls at the moment in British Columbia which puts the neighbourhood top 40% when looking at the number of properties to choose from.

British Columbia has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.

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 Okanagan Falls have dried up which would tend to indicate that demand is higher than the supply of new properties.

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

The median house price listed in Okanagan Falls this month is $219,950.

There are 124 neighbourhoods that have more properties on sale than Okanagan Falls at the moment in British Columbia which puts the neighbourhood lowest fifth when looking at the number of properties to choose from.

Will prices rise across the next year in in Okanagan Falls? There are a number of real estate indicators to consider.

In Okanagan Falls, 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.

Find a mortgage broker in Okanagan Falls, BC
Beds Median price (House) Median price (Apartment)
2 bedrooms $392,450
3 bedrooms $521,250
4 bedrooms $539,000
5 bedrooms $759,000
Demographics
  • Population in 20115717
  • Population in 20065913
  • 2006 to 2011 population change (%)-3.3
  • Total private dwellings2845
  • Private dwellings occupied by usual residents2436
  • Population density per square kilometre6.2
  • Land area (square km)919.17

Age Characteristics

Total population by age groups 5715
0 to 4 years 195
5 to 9 years 225
10 to 14 years 265
15 to 19 years 300
15 years 65
16 years 55
17 years 50
18 years 70
19 years 60
20 to 24 years 180
25 to 29 years 165
30 to 34 years 220
35 to 39 years 230
40 to 44 years 280
45 to 49 years 455
50 to 54 years 535
55 to 59 years 615
60 to 64 years 610
65 to 69 years 505
70 to 74 years 400
75 to 79 years 260
80 to 84 years 175
85 years and over 105
Median age of the population 53.2
% of the population aged 15 and over 88.1

Marital Status

Total population 15 years and over by marital status 5035
Married or living with a common-law partner 3570
Married (and not separated) 3090
Living common-law 485
Not married and not living with a common-law partner 1460
Single (never legally married) 780
Separated 100
Divorced 280
Widowed 310

Family Characteristics

Total number of census families in private households 1915
Size of census family: 2 persons 1315
Size of census family: 3 persons 255
Size of census family: 4 persons 255
Size of census family: 5 or more persons 90
Total number of census families in private households 1915
Total couple families by family structure and number of children 1760
Married couples 1525
Without children at home 1050
With children at home 475
1 child 180
2 children 220
3 or more children 70
Common-law couples 240
Without children at home 165
With children at home 65
1 child 30
2 children 30
3 or more children 15
Total lone-parent families by sex of parent and number of children 155
Female parent 110
1 child 75
2 children 30
3 or more children 10
Male parent 45
1 child 25
2 children 10
3 or more children 5
Total children in census families in private households 1220
Under six years of age 235
6 to 14 years 435
15 to 17 years 160
18 to 24 years 260
25 years and over 130
Average number of children at home per census family 0.6

Household And Dwelling Characteristics

Total number of persons in private households 5645
Number of persons not in census families 755
Living with relatives 95
Living with non-relatives only 150
Living alone 510
Number of census family persons 4895
Average number of persons per census family 2.6
Total number of persons 65 years and over in private households 1430
Number of persons not in census families aged 65 years and over 300
Living with relatives 30
Living with non-relatives only 30
Living alone 240
Number of census family persons aged 65 years and over 1135
Total number of private households by household type 2435
Census-family households 1870
One-family-only households 1730
Couple-family households 1620
Without children 1130
With children 485
Lone-parent-family households 110
Other family households 130
One-family households with persons not in a census family 85
Couple-family households 60
Without children 30
With children 30
Lone-parent-family households 20
Two-or-more-family households 50
Non-census-family households 570
One-person households 505
Two-or-more-person households 65
Total number of occupied private dwellings by structural type of dwelling 2435
Single-detached house 2060
Apartment, building that has five or more storeys 0
Movable dwelling 170
Other dwelling 210
Semi-detached house 25
Row house 80
Apartment, duplex 25
Apartment, building that has fewer than five storeys 75
Other single-attached house 5
Total number of private households by household size 2435
1 person 510
2 persons 1260
3 persons 265
4 persons 275
5 persons 75
6 or more persons 55
Number of persons in private households 5645
Average number of persons in private households 2.3

Designed to offer readers accurate, cutting-edge information to guide their investment decisions, each issue of Canadian Real Estate is filled with informative articles on a broad range of topics.

Useful Links

Advertisement

Website Managed By

© 2023 Canadian Estate Wealth. All Rights Reserved by Merged Media