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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.
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New property listed in Sechelt District, Sunshine Coast
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.
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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.


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New property listed in Sechelt District, Sunshine Coast
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.
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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.



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I have sold a property at 5353 SELMA PARK RD in Sechelt
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.
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New property listed in Sechelt District, Sunshine Coast
I have listed a new property at LOT 89 SKOOKUMCHUK RD in Sechelt.
Enjoy gorgeous views of beautiful Sechelt Inlet. Gently sloped view lot located in a quiet residential neighbourhood, just 10 minutes from all Sechelt amenities. Two beaches are a short walk away and there are hiking trails galore. One of the best ocean view lots in Sandy Hook!
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Real Estate Board's Sunshine Coast Market Stats for September 2019


The latest stats come out every month for the previous month's data. The September 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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Increased demand helps housing market reach balanced territory

Home buyer demand has returned to more historically typical levels in Metro Vancouver* over the last three months.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,333 in September 2019, a 46.3 per cent increase from the 1,595 sales recorded in September 2018, and a 4.6 per cent increase from the 2,231 homes sold in August 2019.

Last month’s sales were 1.7 per cent below the 10-year September sales average.

“We’re seeing more balanced housing market conditions over the last three months compared to what we saw at this time last year,” Ashley Smith, REBGV president said. “Home buyers are more willing to make offers today, particularly in the townhome and apartment markets.”

There were 4,866 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in September 2019. This represents a 7.8 per cent decrease compared to the 5,279 homes listed in September 2018 and a 29.9 per cent increase compared to August 2019 when 3,747 homes were listed.

The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 13,439, a 2.7 per cent increase compared to September 2018 (13,084) and a 0.3 per cent increase compared to August 2019 (13,396).

For all property types, the sales-to-active listings ratio for September 2019 is 17.4 per cent. By property type, the ratio is 12.7 per cent for detached homes, 18.9 per cent for townhomes, and 21.9 per cent for apartments.

Generally, analysts say that 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.

“This is a more comfortable market for people on both sides of a real estate transaction,” said Smith. “Home sale and listing activity were both at typical levels for our region in September.”

The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is currently $990,600. This represents a 7.3 per cent decrease over September 2018 and a 0.3 per cent decrease compared to August 2019.

Sales of detached homes in September 2019 reached 745, a 46.7 per cent increase from the 508 detached sales recorded in September 2018. The benchmark price for a detached home is $1,406,200. This represents an 8.6 per cent decrease from September 2018 and is virtually unchanged compared to August 2019.

Sales of apartment homes reached 1,166 in September 2019, a 43.6 per cent increase compared to the 812 sales in September 2018. The benchmark price of an apartment property is $651,500. This represents a 6.5 per cent decrease from September 2018 and a 0.4 per cent decrease compared to August 2019.

Attached home sales in September 2019 totalled 422, a 53.5 per cent increase compared to the 275 sales in September 2018. The benchmark price of an attached home is $767,500. This represents a 7.2 per cent decrease from September 2018 and a 0.6 per cent decrease compared to August 2019.



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New property listed in Sechelt District, Sunshine Coast
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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New property listed in Sechelt District, Sunshine Coast
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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I have sold a property at 102 5711 MERMAID ST in Sechelt
I have sold a property at 102 5711 MERMAID ST in Sechelt.
2200 square foot commercial space for sale. Currently operating as Dolphin Fitness & Physiotherapy. Ideal location in the heart of Sechelt. Located on the ground floor with front and rear access. 6 dedicated parking spaces as well as lots of street parking. Ideal for a wide range of office and retail uses. Building and improvements in excellent condition.
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Real Estate Board's Sunshine Coast Market Stats for August 2019


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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Metro Vancouver housing market sees summer uptick in sales

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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New property listed in Gibsons & Area, Sunshine Coast
 
I have listed a new property at 4 728 GIBSONS WAY in Gibsons.
Lovely and bright 2 or 3 bedroom & 2 1/2 bath end unit townhome with ocean and island views. This unit is unique with its additional second level entrance offering easy access to the main level right at your driveway. Both upstairs bedrooms have beautiful ocean and island views, and the master has its own balcony to enjoy it all from. Tastefully designed, open floor plan with granite counter-tops, gorgeous hardwood maple floors, and slate flooring in the kitchen and baths compliment this spacious unit. Zoned for live/work or use the lower level for a third bedroom and additional living space. Located in Islandview Lanes in the centre of Gibsons, close to everything this wonderful seaside community has to offer.
 
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I have sold a property at 104 414 GOWER POINT RD in Gibsons
I have sold a property at 104 414 GOWER POINT RD in Gibsons.
Outstanding Value! Fantastic location in the heart of Lower Gibsons. Walk to shops,r restaurants, sea walk, beaches, Gigsons Public Market, & Marina. Whether investor, first time Buyer, Down-sizer or Family, this available & freshly renovated 2 bed, 2 bath, spacious, level entry, private suite at The Landing is a MUST SEE! Open concept living, dining area with beautiful hardwood floors, light & air space with access to 13'x6' covered deck for year round enjoyment. Good size laundry area. Ample storage locker with shelving and one car garage. 5 minutes to ferry. Rentals allowed (no short term) & Pets too! (1 dog, 1 1 dog & 1 cat, or 2 cats).
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Real Estate Board's Sunshine Coast Market Stats for July 2019


The latest stats come out every month for the previous month's data. The July 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

Home sales increase in July


Home buyer demand picked up across Metro Vancouver last month, making July, a traditionally quieter month in real estate, the second highest selling month so far this year.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,557 in July 2019, a 23.5 per cent increase from the 2,070 sales recorded in July 2018, and a 23.1 per cent increase from the 2,077 homes sold in June 2019.


Last month’s sales were 7.8 per cent below the 10-year July sales average.


“While home sale activity remains below long-term averages, we saw an increase in sales in July compared to the less active spring we experienced,” Ashley Smith, REBGV president said. “Those looking to buy today continue to benefit from low interest rates, increased selection, and reduced prices compared to the heated market a few years ago.”


There were 4,613 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in July 2019. This represents a 3.3 per cent decrease compared to the 4,770 homes listed in July 2018 and a 2.9 per cent decrease compared to June 2019 when 4,751 homes were listed.


The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 14,240, a 17.3 per cent increase compared to July 2018 (12,137) and a 4.9 per cent decrease compared to June 2019 (14,968).

For all property types, the sales-to-active listings ratio for July 2019 is 18 per cent. By property type, the ratio is 13.5 per cent for detached homes, 20 per cent for townhomes, and 22 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.


“To better understand conditions in your property type or neighbourhood of choice, it’s important to work with your local REALTOR®. They can help you develop a strategy to reach your long-term real estate goals,” Smith said.

The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $995,200. This represents a 9.4 per cent decrease over July 2018 and a 0.3 per cent decrease compared to June 2019.


Sales of detached homes in July 2019 reached 841, a 32 per cent increase from the 637 detached sales recorded in July 2018. The benchmark price for detached properties is $1,417,000. This represents a 10.5 per cent decrease from July 2018, and a 0.5 per cent decrease compared to June 2019.


Sales of apartment homes reached 1,243 in July 2019, a 15.2 per cent increase compared to the 1,079 sales in July 2018. The benchmark price of an apartment property is $653,200. This represents an 8.8 per cent decrease from July 2018, and a 0.2 per cent decrease compared to June 2019.


Attached home sales in July 2019 totalled 473, a 33.6 per cent increase compared to the 354 sales in July 2018. The benchmark price of an attached unit is $770,000. This represents a nine per cent decrease from July 2018, and a 0.6 per cent decrease compared to June 2019.



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New property listed in Sechelt District, Sunshine Coast
I have listed a new property at 5964 BEACHGATE LANE in Sechelt.
This 3 bedroom townhome in the beautiful Edgewater waterfront development is just minutes to downtown Sechelt. Features include spacious over-height ceilings, a gourmet kitchen, electric fireplace, patio, balcony and vaulted ceilings in the master bedroom, where you can also enjoy west-facing ocean and mountain views. This seaside development has a sandy beach and waterfront walking path that are steps from your door. Enjoy beautiful sunsets, swim, launch your kayak or paddleboard and live a fabulous west coast lifestyle.
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I have sold a property at 4846 BLUEGROUSE DR in Sechelt
I have sold a property at 4846 BLUEGROUSE DR in Sechelt.
Spectacular southwest ocean vistas from all three levels of this bright 3 bed/3 full bath split level home with west-facing sundeck in beautiful Davis Bay. Solidly constructed by reputable builder PDM. Big backyard with fruit trees, ocean views, plenty of room to play and the walk out deck is great for indoor/outdoor entertaining. Natural gas heat for economical and cozy winter warmth. Two car attached garage/workshop, and there is plenty of additional space for parking on the side of the house for an RV or your boats. Enjoy strolling the Davis Bay seawall with its shops, restaurants and one of the best beaches on the Sunshine Coast.
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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), 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 GVR, 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 GVR, the FVREB or the CADREB.