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Beaver Creek Real Estate
Though Beaver Creek is just a small part of Yukon, Canada, the surrounding areas tend to have a bigger picture in the Yukon Real Estate Market. The area of Yukon as a whole as of December 2008 included a population of 33,928 residents. One year previous to that in December 2007, it had a population of 32,714 residents. This shows an increase of 1,124 residents or 3.7% in Yukon’s population. This increase in population has also caused the real estate market in Yukon to be on the rise as well.
Renters alike shared in this increase by rising costs of rental properties. In Yukon the median rent as of December 2008 was $750. This showed an increase of $50 or 7.1% in comparison to December 2007. The vacancy rate was 2.4%, showing 0.4% lower than in December 2007.
The total value of real estate transactions in the Yukon areas for the second quarters of 2008, including the months of April, May and June was at $48,643,000. This showed an increase in the Yukon real estate market of $12,658,800 or 35.2% from the second quarter of 2007 reflecting a total value of real estate transactions at $35,984,200.
Yukon reflected an average selling price for a single family home on the real estate market to be increased by $66,000. This reflected a new average selling price for a single family home in the Yukon area to be $334,900 in 2008 compared to $268,900 in 2007.
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