I have listed a new property at 101 5665 TEREDO ST in Sechelt.
THE #1 Prime commercial space in downtown Sechelt. 2120 square feet of corner highway frontage in the finest strata building on the Sunshine Coast, The Watermark. This is the crown jewel of the 7 commercial Watermark units, located street-level in the heart of Sechelt's steadily growing downtown. The brand new space has 3 separate entrances and could be subdivided. Located next to a busy medical office and across from Sunshine Coast Credit Union, it is the closest unit to 40 underground commercial parking spaces, so customers are just steps away. Dimensions approximately 67' deep by 32' wide, concrete construction. Call for an info package today.
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I have listed a new property at 101 5665 TEREDO ST in Sechelt.
Corner downtown unit at inlet Ave and Teredo St in the Watermark building, offers the best in highway frontage and high exposure. Surrounded by windows and with 3 entrances, and option to demise into 2 separate lease-able spaces to suit. Zoning is CD-30 allowing for retail, restaurant, service offices, specialty commercial and more. This is the closest unit to the 40 commercial underground parking spaces so customers are steps from the door. Landlord is open to contributing to tenant improvements for the right tenant. Dimensions approx. 67' x 32', total of 2120 sq ft. Next door is a high traffic ophthalmologist office and busy Sunshine Coast Credit Union is directly across the street.
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The latest stats come out every month for the previous month's data. The August 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.


DOWNLOAD SUNSHINE COAST

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Home buyer activity increased to more typical levels in Metro Vancouver throughout the summer months.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,231 in August 2019, a 15.7 per cent increase from the 1,929 sales recorded in August 2018, and a 12.7 per cent decrease from the 2,557 homes sold in July 2019.


Last month’s sales were 9.2 per cent below the 10-year August sales average.


“Home sales returned to more historically normal levels in July and August compared to what we saw in the first six months of the year,” said REBGV President Ashley Smith.


There were 3,747 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2019. This represents a 3.5 per cent decrease compared to the 3,881 homes listed in August 2018 and an 18.8 per cent decrease compared to July 2019 when 4,613 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 13,396, a 13.3 per cent increase compared to August 2018 (11,824) and a 5.9 per cent decrease compared to July 2019 (14,240).


For all property types, the sales-to-active listings ratio for August 2019 is 16.7 per cent. By property type, the ratio is 12 per cent for detached homes, 18.4 per cent for townhomes, and 21.2 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.


“With more demand from home buyers, the supply of homes listed for sale isn’t accumulating like earlier in the year. These changes are creating more balanced market conditions,” Smith said.


The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $993,300. This represents an 8.3 per cent decrease over August 2018 and a 0.2 per cent decrease compared to July 2019.


Sales of detached homes in August 2019 reached 706, a 24.5 per cent increase from the 567 detached sales recorded in August 2018. The benchmark price for detached homes is $1,406,700. This represents a 9.8 per cent decrease from August 2018 and a 0.7 per cent decrease compared to July 2019.


Sales of apartment homes reached 1,116 in August 2019, an 8.9 per cent increase compared to the 1,025 sales in August 2018. The benchmark price of an apartment property is $654,000. This represents a 7.4 per cent decrease from August 2018 and a 0.1 per cent increase compared to July 2019.


Attached home sales in August 2019 totalled 409, a 21.4 per cent increase compared to the 337 sales in August 2018. The benchmark price of an attached unit is $771,000. This represents a 7.8 per cent decrease from August 2018, a 0.2 per cent increase compared to July 2019.



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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.