Real Estate for Sale in Harrison Hot Springs

Situated in British Columbia, the village of Harrison Hot Springs has a population of 1,468. The -6.7% population growth rate for the city is below average when compared to other Canadian cities.

There are 25.32% of immigrants in Harrison Hot Springs, 3.25% of which are recent arrivals to Canada. Beyond English, the most common language spoken is Korean, with 1% of residents reporting it as their mother tongue. The largest cultural community within Harrison Hot Springs is English at 44%, trailed by Scottish at 34% and German at 28%.

Harrison Hot Springs delivers adequate employment prospects with an unemployment rate near 8%, which is above average when compared to other cities. Roughly 58% of residents hold a university degree. Residents can anticipate a respectable quality of life in Harrison Hot Springs owing to an average median family income of $50,670.

According to Statistics Canada, 88% of Harrison Hot Springs residents drive. Approximately 11% of residents who are already established within the city will move within a year, while 34% will move within five years.

Harrison Hot Springs’s population skews above average regarding homeownership, with 84% owning a property and 16% renting. The median monthly mortgage cost is estimated at roughly $966, which is average when set against renters in other Canadian cities.

In the Canadian real estate context, Harrison Hot Springs is a rewarding place to set down roots.

A swift review of MLS® listings reveals plenty of homes for sale in Harrison Hot Springs. 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 Harrison Hot Springs real estate agent can steer you to areas matching your requirements and housing aligned with your budget.

Harrison Hot Springs properties stay on the market for 8 days, on average and sell for 97.82% of the median list price. Detached houses for sale in Harrison Hot Springs comprise 38% of listings and sell for a median price of $925,000. Harrison Hot Springs condos represent 58% of the real estate currently for sale and sell for a median price of $739,000. The remaining 4% are townhouses, which sell for a median price of $637,250.

To compete in Harrison Hot Springs’s real estate landscape you should familiarize yourself with the marketplace. Talk to a real estate agent or mortgage advisor to establish what you can realistically afford.

As of the latest reporting period, Harrison Hot Springs’s median sale price sits at $582,000. 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, Harrison Hot Springs has 19 houses for sale, 2 townhomes for sale and 29 condos for sale.

Numerous prospective homeowners pursue houses for sale in communities farther from Harrison Hot Springs’s downtown core. Suburban neighbourhoods typically provide larger homes on more spacious lots. For expanded options, consider commuting into Harrison Hot Springs’s core from a nearby municipality, such as Hope, Agassiz, and Chilliwack. Even neighbouring cities requiring a slightly extended commute, such as Abbotsford, Mission, and Langley, are viable choices as they feature excellent housing selections, frequently at more affordable prices.

Purchasing a home means securing a stake in a neighbourhood, so gaining familiarity with your prospective community is worthwhile. Here’s a snapshot of Harrison Hot Springs’s demographics, encompassing median age, schools and income, derived from census information provided by Statistics Canada.

According to Statistics Canada, residents in Harrison Hot Springs rely on a variety of methods to navigate the area.

According to current Harrison Hot Springs MLS© statistics, the average home listing price in Harrison Hot Springs, BC is $894,000. Based on Harrison Hot Springs housing inventory, the typical home is listed on the market for 21 days and achieves a 96.9% selling to listing price ratio.

Based on current Harrison Hot Springs MLS© data, the average detached house in Harrison Hot Springs, BC has a listing price of $1,210,000. In Harrison Hot Springs, detached houses remain on the market for 48 days on average.

According to current Harrison Hot Springs MLS© data, the average condo in Harrison Hot Springs, BC has a listing price of $748,000. In Harrison Hot Springs, the average price for a 2-bedroom condo is $852,000 and the average price for a 1-bedroom condo is $677,000.

In Harrison Hot Springs, BC, the most expensive neighbourhoods to buy a home include Harrison Hot Springs. Harrison Hot Springs is the most expensive neighbourhood in Harrison Hot Springs with an average home price of $778,000.

The most affordable neighbourhoods to buy a home in Harrison Hot Springs include Harrison Hot Springs and Harrison Hot Springs. Harrison Hot Springs is the most affordable neighbourhood in Harrison Hot Springs with an average home price of $778,000.

The nearest cities to Harrison Hot Springs, BC include Agassiz, Chilliwack, Sardis and Cultus Lake. Among the surrounding Harrison Hot Springs cities, Sardis has the highest average home price of $2,035,000 and Agassiz has the most affordable average home price of $823,000.

The average townhouse in Harrison Hot Springs carries an average listing price of $637,000, representing a -4.4% shift in price from the prior year. There are presently 2 townhouses for sale in Harrison Hot Springs, BC.

According to Statistics Canada Census data, the median total household income in Harrison Hot Springs is $50,670 per year, which falls below the national median income of $67,000 annually.

In Harrison Hot Springs, BC, fewer residents rent than own at 15.2% renting versus 84.8% owning. The median monthly rent price comes to $2,300 per month contrasted with the median monthly mortgage of $4,100 per month.