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Sparwood, BC

Updated: Aug 2016
House
Median price $296,000
Monthly growth 11.69 %
Quarterly trend
Stock on market 2.76%
Apartment
Median price $75,250
Monthly growth 0.00 %
Quarterly trend
Stock on market 1.54%

Sparwood Home Price

Canada’s national median home listing price this month is $290,900, which means that Sparwood is in the top 40% for Canada.

Want a cheaply priced house? Then at $296,000 this month, Sparwood, British Columbia is somewhere that you should look at price wise.

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.

When we look at the data we have, it can help with trying to establish whether or not Sparwood is a good investment target.

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

Want a cheaply priced house? Then at $75,250 this month, Sparwood, British Columbia do not consider price wise.

If you’re looking at investment properties in Sparwood, then you’re most likely to find homes with 2 bedrooms on sale this month.

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

Is Sparwood a good investment prospect? It’s never a perfect science, but the data we have given us a number of indicators.

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

Beds Median price (House) Median price (Apartment)
1 bedroom $55,000
2 bedrooms $265,900 $86,200
3 bedrooms $260,000 $221,000
4 bedrooms $348,450 $193,950
5 bedrooms $439,000
Demographics
  • Private dwellings occupied by usual residents1588
  • Population density per square kilometre19.2
  • Land area (square km)191.01
  • Population in 20113667
  • Population in 20063618
  • 2006 to 2011 population change (%)1.4
  • Total private dwellings1953