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.
Read full post

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.
Read full post


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.


DOWNLOAD SUNSHINE COAST

Read full post

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.
Read full post


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.



GET THE FULL REPORT

Read full post
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
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.