Real Estate for Sale in Bowen Island

Situated in British Columbia, the municipality of Bowen Island has a population of 3,402. The 1.2% population growth rate for the city is below average when compared to other Canadian cities.

There are -% of immigrants in Bowen Island, -% of which are recent arrivals to Canada. Beyond English, the most common language spoken is French, with 2% of residents reporting it as their mother tongue.

Bowen Island delivers solid employment prospects with an unemployment rate near %, which is below average when compared to other cities. Approximately -% of residents hold a university degree.

According to Statistics Canada, -% of Bowen Island residents drive. Roughly -% of residents who are already established within the city will move within a year, while -% will move within five years.

Bowen Island’s population falls below average regarding homeownership, with -% owning a property and % renting.

In the Canadian real estate context, Bowen Island is a rewarding place to purchase a home.

A thorough review of MLS® listings reveals plenty of homes for sale in Bowen Island. That doesn’t mean navigating this market is straightforward. In Canada’s real estate landscape there are heated pockets of activity—zones where bidding wars and sold-over-asking are the norm. To be successful in your property search, talk to a local Realtor®. As a specialist, a local Bowen Island real estate agent can steer you to communities matching your requirements and property types aligned with your budget.

Bowen Island properties stay on the market for 0 days, on average and sell for 93.17% of the median list price. Detached houses for sale in Bowen Island comprise 94% of listings and sell for a median price of $1,958,600. Bowen Island condos represent 3% of the real estate currently for sale and sell for a median price of $987,000. The remaining 3% are townhouses, which sell for a median price of $990,000.

To be competitive in Bowen Island’s real estate landscape you should recalibrate your expectations. Talk to a real estate broker or mortgage advisor to establish what you can realistically afford.

As of the latest reporting period, Bowen Island’s median sale price sits at $1,350,000. This figure is calculated by identifying the mid-point price of all properties sold within a specified period of time. If, for instance, 30 condos changed hands last month and only 11 detached homes sold in the same time frame, then the median price would skew downward to capture the larger volume of lower-priced condos. At present, Bowen Island has 30 houses for sale, 1 townhomes for sale and 1 condos for sale.

A substantial proportion of prospective homeowners pursue homes for sale in communities farther from Bowen Island’s downtown core. Suburban areas typically provide larger homes on more spacious lots. For expanded options, consider commuting into Bowen Island’s core from a nearby municipality, such as Vancouver, West Vancouver, and North Vancouver. Even neighbouring cities requiring a slightly extended commute, such as Burnaby, Richmond, and Surrey, are viable choices as they feature excellent housing selections, frequently at more economical prices.

For those weighing a Canadian real estate purchase to raise a family, take heart: Bowen Island is home to top-rated elementary and secondary schools. To assist with your Bowen Island housing market search, below are the leading five institutions in each category. (Explore further in our school guide.)

According to current Bowen Island MLS© statistics, the average home listing price in Bowen Island, BC is $1,766,000. Based on Bowen Island housing inventory, the typical home is listed on the market for 194 days and achieves a 92.9% selling to listing price ratio.

Based on current Bowen Island MLS© data, the average detached house in Bowen Island, BC has a listing price of $2,239,000. In Bowen Island, detached houses remain on the market for 194 days on average.

According to current Bowen Island MLS© data, the average condo in Bowen Island, BC has a listing price of $987,000. In Bowen Island, the average price for a 2-bedroom condo is $0 and the average price for a 1-bedroom condo is $0.

In Bowen Island, BC, the most expensive neighbourhoods to buy a home include Bowen Island. Bowen Island is the most expensive neighbourhood in Bowen Island with an average home price of $1,779,000.

The most affordable neighbourhoods to buy a home in Bowen Island include Bowen Island and Bowen Island. Bowen Island is the most affordable neighbourhood in Bowen Island with an average home price of $1,779,000.

The nearest cities to Bowen Island, BC include Gambier Island, Gibsons, Lions Bay and West Vancouver. Among the surrounding Bowen Island cities, West Vancouver has the highest average home price of $4,704,000 and Gambier Island has the most affordable average home price of $740,000.

The average townhouse in Bowen Island has an average listing price of $990,000, representing a % shift in price from the prior year. There is presently 1 townhouse for sale in Bowen Island, BC.