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...
Market Minute - Q3 2020
Posted on Oct 09, 2020 in Market Minute
It was a busy September that capped off a strong finish to the quarter on BC's Sunshine Coast.
September Year-Over-Year (YOY)
- September 2019 saw 66 total sales – 35 of them were single-family detached, and the average price of those homes was $728,500. The average time on market was 90 days, and the total dollar volume of sales was $42,949,000.
- Septem...
Market Minute - September 2020
Posted on Sep 01, 2020 in Market Minute
The madness continues on the Sunshine Coast. Multiple offers are now commonplace, and pretty much any detached home in Gibsons under $500,000 likely won’t last one day without an offer.
Not having to catch the ferry has opened our market up to young families that are attracted to the opportunity to own a detached home in a safe community.
The year-ro...
Market Minute - August 2020
Posted on Aug 04, 2020 in Market Minute
The summer real estate market on BC's Sunshine Coast continues to boom. Between last July and this July, the Sunshine Coast saw the number of sales increase by 35 per cent.
As telecommuting becomes more commonplace, living on the Sunshine Coast becomes more viable. We're seeing strong demand across all segments but detached houses, lots, and acreag...
As telecommuting becomes more commonplace, living on the Sunshine Coast becomes more viable. We're seeing strong demand across all segments but detached houses, lots, and acreag...