Before we all break for the holiday, here is the latest real estate market snapshot for the Sunshine Coast.
December is usually a time when real estate buyers take a break. However, the current low inventory of listings, low mortgage rates and steady demand for owning/living on the Sunshine Coast continues to produce sales. The result is an upward market trajectory and a sellers' market:
As a result of this steady buyer demand, and with the Coast's limited supply, real estate values have had an impressive run in 2021:
+ 25.5% for detached; +22.2% for apartment condos; + 35.6% for townhomes:
We'll see what the world has in store for us as we move into 2022...
In the meantime, I want to sincerely wish you a warm and enjoyable holiday time with family and friends :)
*As always, for an up-to-date valuation for your Sunshine Coast property, simply reply to this email.
See you next month!
Joe
Joe James Real Estate Advisor (Top 10% Vancouver area Realtors) Holywell Properties Sunshine Coast, BC joe@joejames.ca (604) 865-0708 joejames.ca