The...
February blog
The typically quietest time of year for sales (January) is true for 2020 as well, edging the Coast more to the side of a "Buyers' Market" at least for now. Here are the stats:
New property listed in Gibsons & Area, Sunshine Coast
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Gibsons & Area, Sunshine Coast Real Estate
I have listed a new property at 1031 VENTURE WAY in Gibsons.
Rare opportunity to acquire a Gibsons commercial building lot zoned light industrial (I-1). Property is level, cleared and ready for build. Hydro, gas and sewer at lot line. Call for more info.
New property listed in Halfmn Bay Secret Cv Redroofs, Sunshine Coast
I have listed a new property at 7811 REDROOFFS RD in Halfmoon Bay.
Ocean views all day long are yours from this spacious rancher on high bank waterfront in beautiful Halfmoon Bay. South-facing and bright, this level-entry home features vaulted ceilings, natural gas and solar heated floors throughout the home for economical warmth, two gas fireplaces, and wine cellar. Gourmet kitchen with granite countertops, solid maple cabinets, and stainless Bosch appliances has both natural gas and radiant cooktops. New 40 year roof installed in 2007. Enjoy the views from your private ocean-facing garden, and Sargeant Bay Provincial Park is 2 minutes away. Build a stairway trail as your neighbours have done, down to your private beach for swimming, beachcombing, launching your kayaks and enjoying the beauty of your own piece of west coast.
I have sold a property at 203 5855 COWRIE ST in Sechelt
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Sechelt District, Sunshine Coast Real Estate
I have sold a property at 203 5855 COWRIE ST in Sechelt.
Immaculate one-level 2-bedroom apartment in a well-maintained strata building (The Osprey) with underground parking and an elevator. Amenities in the building include an exercise room, workshop, storage locker, and a meeting room. Apartment has a southerly exposure with a sunny balcony and the unit features recent renovations (appliances, carpeting, paint) and a natural gas fireplace. Monthly strata fees are only $310 and include natural gas and hot water usage. The Osprey is well located in the heart of Sechelt and is easy walking distance to the library, Trail Bay mall, swimming pool complex, and the waterfront. No age restrictions; some rentals allowed.
New property listed in Pender Harbour Egmont, Sunshine Coast
I have listed a new property at LOT 71 ALLEN CRESCENT in Garden Bay.
Gently sloped building lot in Daniel Point with sparkling ocean and island views filtered through majestic firs. This beautiful half acre sits on a quiet cul de sac with a layout that allows for an easy level entry build close to the road. Daniel Point is an area of fine homes with underground services at the lot line. All plans and engineering have been done for this lot, including geotech, structural, topographic, etc. Use the existing building plans or modify to suit your preferences. Call today for an information package.
New property listed in Sechelt District, Sunshine Coast
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Sechelt District, Sunshine Coast Real Estate
I have listed a new property at 7035 SKANA CRES in Sechelt.
Spacious family home in the beautiful Sechelt neighbourhood of Sandy Hook. Plenty of deck space to enjoy the natural outdoors, with a lovely fireplace and french doors out to the deck. This is a solid home priced below assessment. Walking distance to fabulous Sandy Beach, kayaking, a boat launch and hiking trails to explore the surrounding forested mountains. More photos to follow.
New property listed in Gibsons & Area, Sunshine Coast
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Gibsons & Area, Sunshine Coast Real Estate
I have listed a new property at 1032 SEAMOUNT WAY in Gibsons.
Gibsons commercial building, centrally located, zoned Light Industrial. Main level has approx. 2000 square feet of warehouse space, plus 416 sq ft of office. Upstairs has brand new 875 sq ft one bedroom residential unit with balcony, and 2 new separately lease-able spaces, 425 sq ft and 300 sq ft. Solidly built steel frame, metal roof, heat pump and natural gas heat, parking for 7 vehicles plus loading bay. Call for more information.
New property listed in Gibsons & Area, Sunshine Coast
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Gibsons & Area, Sunshine Coast Real Estate
I have listed a new property at 15 822 GIBSONS WAY in Gibsons.
Get into the market and enjoy this fabulous 2 bedroom townhome in 'The Manse', located close to everything in central Gibsons. This home boasts innovative design with vaulted ceilings, skylights, a warm gas fireplace and the largest, most private yard in the complex. The unit has original cabinetry and flooring so with some TLC and cosmetic updating, this will be a fantastic home for a family or couple. There is an attached single car garage and the lower level storage crawl space provides tons of additional storage. Call to view this townhome today.
Real Estate Board's Sunshine Coast Market Stats for November 2019
The latest stats come out every month for the previous month's data. The November 2019 Market stats are out and available for download. You get the following graphs and charts for the Sunshine Coast.
- Activity Snapshot by Property Type
- Detached Properties Report and Graph
- Condo Report and Graph
- Townhomes Report and Graph
- Benchmark Price Graph
- Average Price Per Square Foot
If you are interested in a report like this for other areas, please contact me to request it and I’ll send it to you.
Open House. Open House on Saturday, December 7, 2019 12:30PM - 2:30PM NEW LISTING - OPEN HOUSE Saturday, Dec. 7 12:30 - 2:30pm
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Sechelt District, Sunshine Coast Real Estate
Please visit our Open House at 5639 ANDRES RD in Sechelt.
Open House on Saturday, December 7, 2019 12:30PM - 2:30PM
NEW LISTING - OPEN HOUSE Saturday, Dec. 7 12:30 - 2:30pm
Absolutely immaculate 3 bed 2 bath West Sechelt rancher with mountain and peek-a-boo ocean views. The home has been meticulously cared for from top to bottom, so all you have to do is move in and start enjoying the relaxed lifestyle in this friendly neighbourbood of Tyler Heights. Engineered hardwood floors throughout the home feel and look great. The lovely yard is low maintenance, complete with a tastefully designed storage shed and easy raised beds ready for your spring flowers and veggies. Features include a spacious and clean two car garage, backyard patio with gas bbq hookup, master bedroom with ensuite and walk-in closet, natural gas fireplace, and much more. Call to view this beautiful home today.
Metro Vancouver home sales return to historically typical levels
After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,498 in November 2019, a 55.3 per cent increase from the 1,608 sales recorded in November 2018, and a 12.6 per cent decline from the 2,858 homes sold in October 2019.
Last month’s sales were four per cent above the 10-year November sales average.
“We started to see more home buyer confidence in the summer and this trend continues today,” says Ashley Smith, REBGV president. “It’ll be important to watch home listing levels over the next few months to see if supply can stay in line with home buyer demand.”
There were 2,987 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in November 2019. This represents a 13.7 per cent decrease compared to the 3,461 homes listed in November 2018 and a 26.7 per cent decrease compared to October 2019 when 4,074 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 10,770, a 12.5 per cent decrease compared to November 2018 (12,307) and a 12 per cent decrease compared to October 2019 (12,236).
For all property types, the sales-to-active listings ratio for November 2019 is 23.2 per cent. By property type, the ratio is 17.2 per cent for detached homes, 24.9 per cent for townhomes, and 29.3 per cent for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“In today’s market, the intensity of home buyer demand depends on neighbourhood, property type, and price point,” Smith said. “To better understand the changing trends in your neighbourhood and property type of choice, it’s important to work with your local REALTOR®.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $993,700. This represents a 4.6 per cent decrease from November 2018 and a 1.3 per cent decrease over the past six months.
Sales of detached homes in November 2019 reached 825, a 59.9 per cent increase from the 516 detached sales recorded in November 2018. The benchmark price for a detached home is $1,415,400. This represents a 5.8 per cent decrease from November 2018, a 0.5 per cent decrease over the past six months, and a 0.3 per cent increase compared to October 2019.
Sales of apartment homes reached 1,222 in November 2019, a 50.9 per cent increase compared to the 810 sales in November 2018. The benchmark price of an apartment home is $651,500. This represents a 3.8 per cent decrease from November 2018, a 1.9 per cent decrease over the past six months, and a 0.2 per cent decline compared to October 2019.
Attached home sales in November 2019 totalled 451, a 59.9 per cent increase compared to the 282 sales in November 2018. The benchmark price of an attached home is $772,800. This represents a 4.4 per cent decrease from November 2018, a 0.8 per cent decrease over the past six months, and a 0.2 per cent increase compared to October 2019.
New property listed in Sechelt District, Sunshine Coast
Posted in:
Sechelt District, Sunshine Coast Real Estate
I have listed a new property at 5639 ANDRES RD in Sechelt.
Absolutely immaculate 3 bed 2 bath West Sechelt rancher with mountain and peek-a-boo ocean views. The home has been meticulously cared for from top to bottom, so all you have to do is move in and start enjoying the relaxed lifestyle in this friendly neighbourbood of Tyler Heights. Engineered hardwood floors throughout the home feel and look great. The lovely yard is low maintenance, complete with a tastefully designed storage shed and easy raised beds ready for your spring flowers and veggies. Features include a spacious and clean two car garage, lovely backyard patio with gas bbq hookup, master bedroom with ensuite and walk-in closet, natural gas fireplace, and much more. Call to view this beautiful home today.
I have sold a property at 360 5160 DAVIS BAY RD in Sechelt
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Sechelt District, Sunshine Coast Real Estate
I have sold a property at 360 5160 DAVIS BAY RD in Sechelt.
Spotless top floor unit in one of the Sunshine Coast's premier locations. The West is renowned for it's location, quality, & impeccable maintenance & condition. This bright, private, & immaculate one bedroom & den property features large chef's kitchen with beautiful granite counter tops, new Maytag gas range, beautiful hardwood floors, plenty of in-suite storage as well as it's own storage locker. Located on the quiet side of the building with wheelchair access. Just steps to the Davis Bay seawall & pier, cafes, restaurants, public transportation, & parks where you can take in the incredible Sunshine Coast lifestyle. Rentals allowed as are pets (with restrictions). If you're looking to get into the market, downsize, or buy an investment property, this really is the perfect opportunity.
I have sold a property at 32 5761 WHARF AVE in Sechelt
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Sechelt District, Sunshine Coast Real Estate
I have sold a property at 32 5761 WHARF AVE in Sechelt.
Centrally located and beautifully updated with engineered hardwood and tile flooring, appliances and light fixtures. One of the only units with an 18 x 10 sundeck up to enjoy the view of the mountains and Sechelt Inlet. Master bedroom with ensuite has private patio surrounded by beautiful mature gardens. Attached single garage and reserved extra parking. Walk or bike downtown for easy shopping/working. Great for lock-up and go lifestyle with float planes at your doorstep. Across the street government dock, private marinas, kayak rentals, pub and restaurant.
New property listed in Sechelt District, Sunshine Coast
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Sechelt District, Sunshine Coast Real Estate
I have listed a new property at 113 5160 DAVIS BAY RD in Sechelt.
Ground floor, garden unit in The West, one of the best condo communities on the Sunshine Coast. This one bedroom and den home is set back from the road for peace and quiet, yet steps from the oceanfront seawall, shops and restaurants of beautiful Davis Bay. The unit features contemporary design with granite countertops, stainless appliances, natural gas cooktop and oven, beautiful bamboo floors, 9' high ceilings, and your own private and fenced outdoor covered patio and yard to extend the enjoyment of your living space. Up to 2 pets allowed per unit in this well-managed strata community. South exposure provides abundant light year round through the large windows, and the cozy den can be used as guest quarters. A great place to call home - call to view today.
New property listed in Sechelt District, Sunshine Coast
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Sechelt District, Sunshine Coast Real Estate
I have listed a new property at 5853 TURNSTONE CRES in Sechelt.
Solidly built revenue-generating property in a quiet neighbourhood close to downtown Sechelt. Each suite has two bedrooms, level entry, their own laundry and patio/deck with direct access to the back yard. The house sits high for nice mountain views. Natural gas heat and hot water makes for economical operating costs. This is a rare investment opportunity with excellent tenants and great location. Call for an information package.
Real Estate Board's Sunshine Coast Market Stats for October 2019
The latest stats come out every month for the previous month's data. The October 2019 Market stats are out and available for download. You get the following graphs and charts for the Sunshine Coast.
- Activity Snapshot by Property Type
- Detached Properties Report and Graph
- Condo Report and Graph
- Townhomes Report and Graph
- Benchmark Price Graph
- Average Price Per Square Foot
If you are interested in a report like this for other areas, please contact me to request it and I’ll send it to you.
New property listed in Sechelt District, Sunshine Coast
Posted in:
Sechelt District, Sunshine Coast Real Estate
I have listed a new property at 203 5855 COWRIE ST in Sechelt.
Immaculate one-level 2-bedroom apartment in a well-maintained strata building (The Osprey) with underground parking and an elevator. Amenities in the building include an exercise room, workshop, storage locker, and a meeting room. Apartment has a southerly exposure with a sunny balcony and the unit features recent renovations (appliances, carpeting, paint) and a natural gas fireplace. Monthly strata fees are only $310 and include natural gas and hot water usage. The Osprey is well located in the heart of Sechelt and is easy walking distance to the library, Trail Bay mall, swimming pool complex, and the waterfront. No age restrictions; some rentals allowed.
Home buyer activity increases in October
The Metro Vancouver housing market is experiencing a fall pickup in home sale activity.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,858 in October 2019, a 45.4 per cent increase from the 1,966 sales recorded in October 2018, and a 22.5 per cent increase from the 2,333 homes sold in September 2019.
Last month’s sales were 9.8 per cent above the 10-year October sales average.
“Home buyers have more confidence today than we saw in the first half of the year,” says Ashley Smith, REBGV president. “With prices edging down over the last year and interest rates remaining low, hopeful home buyers are becoming more active this fall.”
There were 4,074 detached, attached and apartment homes newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in October 2019. This represents a 16.4 per cent decrease compared to the 4,873 homes listed in October 2018 and a 16.3 per cent decrease compared to September 2019 when 4,866 homes were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 12,236, a 5.8 per cent decrease compared to October 2018 (12,984) and a nine per cent decrease compared to September 2019 (13,439).
For all property types, the sales-to-active listings ratio for October 2019 is 23.4 per cent. By property type, the ratio is 17.3 per cent for detached homes, 26.2 per cent for townhomes, and 29 per cent for apartments.
Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“The recent uptick in home sales is moving us into a more historically typical market,” Smith said. “Both sale and listing activity is trending around our long-term averages in recent months.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $992,900. This represents a 6.4 per cent decrease from October 2018, a 1.7 per cent decrease over the past six months, and a 0.2 per cent increase compared to September 2019.
Sales of detached homes in October 2019 reached 938, a 47.3 per cent increase from the 637 detached sales recorded in October 2018. The benchmark price for a detached home is $1,410,500. This represents a 7.5 per cent decrease from October 2018, a 1.3 per cent decrease over the past six months, and a 0.3 per cent increase compared to September 2019.
Sales of apartment homes reached 1,384 in October 2019, a 40.5 per cent increase compared to the 985 sales in October 2018. The benchmark price of an apartment home is $652,500. This represents a 5.9 per cent decrease from October 2018, a 2.2 per cent decrease over the past six months, and a 0.2 per cent increase compared to September 2019.
Attached home sales in October 2019 totalled 536, a 55.8 per cent increase compared to the 344 sales in October 2018. The benchmark price of an attached home is $771,600. This represents a 5.8 per cent decrease from October 2018, a 0.4 per cent decrease over the past six months, and a 0.5 per cent increase compared to September 2019.
I have sold a property at 5353 SELMA PARK RD in Sechelt
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Sechelt District, Sunshine Coast Real Estate
I have sold a property at 5353 SELMA PARK RD in Sechelt.
Pretty as a picture and nestled in a beautiful well cared for very private garden setting. Move in just when the gardens burst with brilliant colours. Its magic how good you'll feel in this bright and cheerful well kept 2 bedroom home with a small studio right outside the back door. Genuine character is expressed throughout every inch of this 1400 plus square foot rancher. This kind of property with all it has to offer is a rare find. Detached studio is wired and heated with its own front deck. Call the listing realtor for more details.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.