Property prices for sale in Salmon Arm (British Columbia)

The prices in real estate in Salmon Arm, in the British Columbia region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$840,402.5
Average price last 6 months
$402.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salmon Arm has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $686. In the following month the price per sq.feet decreased considerably to $334. The price for the following two months in (February, March) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has decreased 87 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $421 to $364.5 during April, and May.

Average price

Based upon to the price in Salmon Arm (cities), this has gone up considerably in the last 6 months. The price in December is $730,260, rising in January till $804,685. During the following two months (February, March) the price has had an average incrementation from $767,472.5 to $819,179.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $887,829 they are 47 % more affordable than the average price for Salmon Arm. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $614,137.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $336 / sq.feet, with an average $378 / sq.feet price in Salmon Arm. The properties with the highest average prices have 1 bedroom. They are 82 % more expensive than the average followed by properties with 4 bedrooms with a price at $409 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $887,829 it is 57 % cheaper than the average price in Salmon Arm. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $824,228 it is 40 % more expensive than the average price.

According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $520 / sq.feet followed by "Condo" priced at $1,376 / sq.feet. "Land" is the most costly type of property with a $725,401 / sq.feet cost followed by "Condo" with an average price of $1,376 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Salmon Arm
Number of properties used in region British Columbia
$887,829
$378
296
219,616
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
House With Garden
 49
House With Garden
$416,100
Salmon Arm, British Columbia - For Sale - House - 3 bedrooms
Welcome to a beautiful piece of tranquility. Quiet and private this home has been continually maintained throughout the years ensuring a comfortable peaceful...
3110 6 Avenue Se, Salmon Arm, Bc, V1e 1r1 House For Sale Li.
 1
3110 6 Avenue Se, Salmon Arm, Bc, V1e 1r1 House For Sale Li.
$819,000
Salmon Arm, British Columbia - For Sale - House - 1,259 sq.feet - 4 bedrooms - 3 bathrooms
Calling all families who like the move in ready to go option, in a school friendly neighborhood, on a fenced flat lot within a cul de sac. We have just the one...
610 17 Street Se, Salmon Arm, Bc, V1e 1w2 House For Sale Li.
 1
610 17 Street Se, Salmon Arm, Bc, V1e 1w2 House For Sale Li.
$759,000
Salmon Arm, British Columbia - For Sale - House - 1,184 sq.feet - 4 bedrooms - 3 bathrooms
Welcome to 610 17 st se, a gorgeous family home located in the highly desirable area of southeast salmon arm. This meticulously maintained property offers over 2000+ sqft of bright and spacious living...
2500 Highway 97b Se Unit# 24, Salmon Arm, Bc, V1e 1c3 House.
 1
2500 Highway 97b Se Unit# 24, Salmon Arm, Bc, V1e 1c3 House.
$292,000
Salmon Arm, British Columbia - For Sale - House - 2 bedrooms - 2 bathrooms
This is one of the best lots in countryside manor! Tucked away from highway noise and on a no-through street. The large and healthy trees provide privacy and...
6517 Ranchero Drive E Unit# 12, Salmon Arm, Bc, V1e 2r2 Hous.
 1
6517 Ranchero Drive E Unit# 12, Salmon Arm, Bc, V1e 2r2 Hous.
$189,000
Salmon Arm, British Columbia - For Sale - House - 2 bedrooms - 1 bathroom
Welcome to #12 - 6517 ranchero drive east. Discover this extremely clean and well-kept 980 sqft home, perfectly situated for convenience and comfort. This...