December 2024 Radium Hot Springs Draft OCP Presentation - Flipbook - Page 21
Figure 7: Housing Prices Over Time identi昀椀es
how housing prices have risen sharply from
2001 to 2021 in the Village, with a more than
doubling in price in this time period Figure 7.
This is further explained by recent data from
BC Assessment, showing how prices have
risen in different housing types (see Figure 8
and Figure 9). Average sales prices for singlefamily dwellings (SFD) have risen more sharply
since 2012 than prices for a Duplex, Triplex
or Fourplex. For condos, townhouses and
Manufactured Homes, average sales prices
climbed the most for townhouses followed by
condos. (see Figure 9).
FIGURE 7:
HOUSING PRICES OVER TIME
FIGURE 8:
AVERAGE SALES PRICE 1-4 UNITS 2012-2023
FIGURE 9:
AVERAGE SALES PRICE MULTI-UNITS 2012-2023
Why & How of the Plan
16
