Market Update - April 2021
Posted on Mar 30, 2021 in Market Minute
The Sunshine Coast Real Estate market has cooled a bit in the last two weeks, but it is still very much a Sellers' Market. Successful buyers have mortgage pre-approvals and are working with a local buyer’s agent.
Here are how the numbers broke down in detail for March:
MARCH YEAR-OVER-YEAR (YOY)
- March 2020 saw 66 total sales – 37 of them were single-f...
Market Minute - March 2021
Posted on Mar 02, 2021 in Market Minute
Sunshine Coast Real Estate market still red hot
More listings have been coming on the market, but demand is still far beyond supply. Anything decent is selling right away unless the listing Realtor holds offers, in which case it sells on the day offers reviewed.
Multiple offers are commonplace and there is a lot of “buyer fatigue” happening after som...
Market Update - February 2021
Posted on Feb 02, 2021 in Market Minute
The busy Sunshine Coast real estate market continued last month with multiple offers commonplace, especially in the $700k-$900k range.
Demand is far beyond inventory as retirees find themselves competing with young families that want to live an idyllic life on BC's Sunshine Coast.
I've been frequently called this month by disappointed buyers trying t...
Demand is far beyond inventory as retirees find themselves competing with young families that want to live an idyllic life on BC's Sunshine Coast.
I've been frequently called this month by disappointed buyers trying t...
Market Minute - Q1 2021
Posted on Jan 09, 2021 in Market Minute
Strong Sunshine Coast Market
The Sunshine Coast real estate market finished 2020 unseasonably strong. Sales were up 218 per cent for the month of December year-over-year, and we still find ourselves in the midst of an inventory shortage. Even between Christmas and New Years', multiple offers were commonplace.
Assuming that the current provincial heal...
Assuming that the current provincial heal...
Market Update - December 2020
Posted on Dec 03, 2020 in Market Minute
Gibsons in December
The new rules around essential travel and social gathering as we move into the holiday season have started to slow down the Lower Sunshine Coast real estate market.There is still demand due to low inventory, especially in Gibsons, but it is not at the “frenzy” level we saw in October. Pending status of a lockdown in February, I...
Market Update - November 2020
Posted on Nov 05, 2020 in Market Minute
It was a busy October to start Q4 on the Sunshine Coast. Low inventory and high demand saw many sellers enjoying multiple offers and sales over asking price.
Disappointed buyers were commonplace, especially those trying to do it on their own or those that chose to work with a non-local Realtor as their buyer’s agent.
Here is how the numbers finished...