Shuswap, Salmon Arm house prices compared to Vancouver's Lower Mainland

Buyers fuel continued growth in the Shuswap housing market not unlike Greater Vancouver. There is no single demographic of buyers. They include first time buyers, people choosing to take advantage of current home equity to "move up" in the market , as well as people coming in from other areas.

There may not be as great of a choice in the Shuswap market compared to Greater Vancouver. But that is in part the attraction of the Shuswap! Lifestyle change and you know what that incompasses if you have been living in any urban centre.

Compare the median prices (Jan-Sept 2007) of single family residences and you too may make the jump to the Shuswap:

SHUSWAP
Median Price
$349,900

BLIND BAY
$398,700

SALMON ARM (includes NE, NW, SE and SW)
$345,000

NE SALMON ARM
$334,750

SE SALMON ARM
$345,000

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BURNABY
$682,450

COQUITLAM
$595,000

DELTA-SOUTH
$586,500

ISLANDS-GULF
$382,000

MAPLE RIDGE/PITT MEADOWS
$462,900

NEW WESTMINSTER
$539,400

NORTH VANCOUVER
$800,000

PORT COQUITLAM
$483,000

PORT MOODY/BELCARRA
$703,500

RICHMOND
$654,000

SQUAMISH
$455,000

SUNSHINE COAST
$376,000

VANCOUVER EASET
$830,000

VANCOUVER WEST
$1,349,000

WEST VANCOUVER/HOWE SOUND
$1,400,000

WHISTLER/PEMBERTON
$1,140,000

(Source: Real Estate Borad of Greater Vancouver & Okanagan Mainline Real Estate Board)

For more current info on the Shuswap, Salmon Arm real estate market touch base with june@juneconway.com