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Tofino, BC

Updated: Aug 2016
House
Median price $599,000
Monthly growth -14.30 %
Quarterly trend
Stock on market 1.16%
Apartment
Median price $662,000
Monthly growth 11.07 %
Quarterly trend
Stock on market 0.77%

Tofino Home Price

With a median listing price of $599,000, Tofino is Canada’s 268th most expensive when ordered by median listing price.

When our research team crunched the numbers we calculated that Tofino has a median home price of $599,000.

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

British Columbia has the third most amount of properties available to property investors, with Tofino having 208th most in the province, out of a total of 359.

Can we guarantee how well Tofino 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.

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

With Tofino’s median house price at $662,000 in Aug , it is high priced compared to the rest of British Columbia.

Across British Columbia Tofino has the 79th most properties on offer with 124.

Can we guarantee how well Tofino 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.

If you are looking at investment properties in Tofino, then there are fewer homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a sellers market.

Find a mortgage broker in Tofino, BC
Beds Median price (House) Median price (Apartment)
1 bedroom $549,000
2 bedrooms $874,500 $665,000
3 bedrooms $469,000
5 bedrooms $877,000
Demographics
  • Population in 20111876
  • Population in 20061655
  • 2006 to 2011 population change (%)13.4
  • Total private dwellings1033
  • Private dwellings occupied by usual residents765
  • Population density per square kilometre178.2
  • Land area (square km)10.53

Age Characteristics

Total population by age groups 1875
0 to 4 years 110
5 to 9 years 80
10 to 14 years 50
15 to 19 years 75
15 years 20
16 years 10
17 years 10
18 years 15
19 years 15
20 to 24 years 170
25 to 29 years 270
30 to 34 years 250
35 to 39 years 195
40 to 44 years 100
45 to 49 years 95
50 to 54 years 105
55 to 59 years 150
60 to 64 years 90
65 to 69 years 70
70 to 74 years 25
75 to 79 years 15
80 to 84 years 10
85 years and over 15
Median age of the population 33.7
% of the population aged 15 and over 87.4

Marital Status

Total population 15 years and over by marital status 1640
Married or living with a common-law partner 755
Married (and not separated) 490
Living common-law 265
Not married and not living with a common-law partner 885
Single (never legally married) 710
Separated 25
Divorced 110
Widowed 40

Family Characteristics

Total number of census families in private households 400
Size of census family: 2 persons 215
Size of census family: 3 persons 100
Size of census family: 4 persons 65
Size of census family: 5 or more persons 20
Total number of census families in private households 400
Total couple families by family structure and number of children 345
Married couples 220
Without children at home 105
With children at home 110
1 child 50
2 children 45
3 or more children 15
Common-law couples 125
Without children at home 75
With children at home 50
1 child 30
2 children 15
3 or more children 5
Total lone-parent families by sex of parent and number of children 55
Female parent 40
1 child 30
2 children 10
3 or more children 5
Male parent 15
1 child 10
2 children 5
3 or more children 0
Total children in census families in private households 340
Under six years of age 125
6 to 14 years 95
15 to 17 years 40
18 to 24 years 50
25 years and over 30
Average number of children at home per census family 0.9

Household And Dwelling Characteristics

Total number of persons in private households 1725
Number of persons not in census families 635
Living with relatives 15
Living with non-relatives only 375
Living alone 250
Number of census family persons 1085
Average number of persons per census family 2.7
Total number of persons 65 years and over in private households 120
Number of persons not in census families aged 65 years and over 50
Living with relatives 5
Living with non-relatives only 15
Living alone 35
Number of census family persons aged 65 years and over 70
Total number of private households by household type 765
Census-family households 395
One-family-only households 335
Couple-family households 290
Without children 150
With children 140
Lone-parent-family households 45
Other family households 60
One-family households with persons not in a census family 50
Couple-family households 45
Without children 25
With children 20
Lone-parent-family households 10
Two-or-more-family households 5
Non-census-family households 370
One-person households 250
Two-or-more-person households 120
Total number of occupied private dwellings by structural type of dwelling 765
Single-detached house 410
Apartment, building that has five or more storeys 0
Movable dwelling 25
Other dwelling 330
Semi-detached house 65
Row house 50
Apartment, duplex 80
Apartment, building that has fewer than five storeys 120
Other single-attached house 5
Total number of private households by household size 765
1 person 250
2 persons 250
3 persons 145
4 persons 85
5 persons 25
6 or more persons 10
Number of persons in private households 1725
Average number of persons in private households 2.2

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.

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