SUNSHINE COAST MARKET NEWS



Make informed real estate decisions by keeping up to date on the current market stats.
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Neal & Tracy at 604 808.8801

APRIL  2021

Posted  May 7, 2021

Detached Properties

62 sales
Average days on market: 18
Median days on market: 8 (35 sold within  days)
Average sale price: $1,060,159


Current Inventory: 172 listings




Attached Properties

45 sales  (15 sold over list price & 13 sold at list price)
Average days on market: 48
Average sale price: $535,564
Average sale price: $535,038




Current Inventory: 45 listings




Land Sales

16 sales  (2 sold over list price)
Average days on market: 136
Average list price: $468,662
Average sale price: $462,075





Current Inventory:  119 listings




Manufactured Homes

4 sales
Average days on market: 16
Average list price: $486,725
Average sale price: $492,998





Current Inventory: 8 listings

MARCH 2021

Posted April 7, 2021

Detached Properties

70 sales  (36 sold over list price & 8 sold at list price)
Average days on market: 26
Median days on market: 6 (55 sold within 15 days)
Average sale price: $1,064,867
Median sale price: $874,000


Current Inventory:  151 listings



Attached Properties

19 sales  (4 sold over list price & 6 sold at list price)
Average days on market: 109
Average sale price: $687,264





Current Inventory: 52 listings



Land Sales

16 sales  (2 sold over list price)
Average days on market: 155
Average sale price: $635,750






Current Inventory:  121 listings



Manufactured Homes

5 sales
Average days on market: 18
Average sale price: $356,879






Current Inventory: 11 listings

FEBRUARY 2021

Posted March 2, 2021

Detached Properties

44 sales  (14 sold over list price & 3 sold at list price)
Average days on market: 45
Average sale price: $1,091,222


Current Inventory:  120 listings



Attached Properties

16 sales  (6 sold over list price & 3 sold at list price) 9 condos and 7 townhouses
Average days on market: 34
Average sale price: $585,219

Current Inventory: 58 listings



Land Sales

19 sales 
Average days on market: 194
Average sale price: $445,616



Current Inventory:  121 listings



Manufactured Homes

2 sales
Average days on market: 6
Average sale price: $207,200



Current Inventory: 11 listings

JANUARY 2021

Posted February 2, 2021

Detached Properties

23 sales (3 sold over list price & 3 sold at list price)
Average days on market: 56
Average sale price: $915,334


Current Inventory:  124 listings




Attached Properties

13 sales

Average days on market: 126
Average sale price: $521,461


Current Inventory: 59 listings




Land Sales

16 sales (2 sold over list price)
Average days on market: 155
Average sale price: $635,750


Current Inventory:  121 listings




Manufactured Homes

1 sale at Ponderosa Pines Park
Average days on market: 150
Average sale price: $115,000


Current Inventory:  9 listings

2020 YEAR IN REVIEW



SALES VOLUME

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in 2020 were up 22.1% from 2019 and up by 25.7% from 2018. There were a total of 30,944 in 2020, a 22.1 per cent increase from the 25,351 sales recorded in 2019, and a 25.7 per cent increase from the 24,619 homes sold in 2018.  2020 year’s sales total was 2.8 per cent below the 10-year sales average.

MLS LISTINGS  VOLUME

The number of new home listings on the Multiple Listing Service® (MLS®) in 2020 were up 4.6% from 2019 and up 1.3% from 2018. Metro Vancouver reached 54,305 mls® listings in 2020 compared to the 51,918 homes listed in 2019 and a 1.3 per cent increase compared to the 53,614 homes listed in 2018. Last year’s listings total was 2.7 per cent below the region’s 10-year average

When the Covid 19 pandemic began in March, we all took a pause and the real estate market slowed right down. Sellers were hesitant to list their home for sale and buyers were staying home and safe.  However, the need for housing does not simply go away away in a time of crisis.  Housing needs actually increase but for many different reasons. The pent up demand from this pause hit the Sunshine Coast hard with record breaking sales volume in the spring and summer months with many buyers and families coming from Greater Vancouver looking to get away from the city and make the Sunshine Coast home.


We continue to work closely within public health official guidelines and take all precautions and follow all protocols to keep our clients and the public safe. If you're looking to make a move in 2021 please give us a call for a zoom / video call to learn more about the current market conditions and how we can help.


Neal & Tracy Uchida

604 808.8801
December 2020 Market News

Detached Properties
29 sales
Average days on market: 64
Average sale price: $1,035,793

Posted January 5, 2020
Current Inventory:  111 listings


Attached Properties
12 sales
Average days on market: 85
Average sale price: $450,025


Current Inventory:  66 listings


Land Sales
6 sales
Average days on market: 163
Average sale price: $359,166


Current Inventory:  130 listings


Manufactured Home Sales
1 sale on a .91 acre lot
Average days on market: 37
Average sale price: $765,000


Current Inventory:  9 listings
November 2020 Market News

Detached Properties
51 sales
Average days on market: 43
Average sale price: $918,116

Posted December 7, 2020
Current Inventory:  155 listings


Attached Properties
7 sales
Average days on market: 95
Average sale price: $419,842


Current Inventory:  41 listings


Land Sales
17 sales
Average days on market: 133
Average sale price: $427,125


Current Inventory:  145 listings


Manufactured Home Sales
1 sale
Average days on market: 18
Average sale price: $306,000


Current Inventory:  11 listings
The Real Estate Board of Greater Vancouver posts last month’s sales up 24.6 per cent above the 10-year November sales average and was the second highest total in this period. “Home buyer demand has been at near record levels in our region since the summer,” Colette Gerber, REBGV Chair said. “This is putting upward pressure on home prices, particularly in our detached and townhome markets.

"Within the region, the Sunshine Coast saw the largest increase in year-over-year demand with 106 home sales in November 2020, an 82.8 per cent increase over November 2019 (58). 

“While demand remained elevated across the region, home buyer activity was particularly focused in more remote areas like the Sunshine Coast, Gulf Islands and Squamish,” Colleen Gerber said. “The rise of work-from-home arrangements and physical distancing policies is causing some home buyers to opt for less densified areas.”
OCTOBER 2020 Market News

Detached Properties
43 sales
Average days on market: 53
Average sale price: $1,018,199

Posted November 1, 2020
Current Inventory:  196 listings


Attached Properties
22 sales
Average days on market: 125
Average sale price: $480,867


Current Inventory:  87 listings


Land Sales
16 sales
Average days on market: 260
Average sale price: $334,281


Current Inventory:  168 listings


Manufactured Home Sales
3 sales
Average days on market: 48
Average sale price: $348,666


Current Inventory:  11 listings
September 2020 Market News

Detached Properties
90 sales
Average days on market: 66
Average sale price: $868,391


Attached Properties
31 sales
Average days on market: 80
Average sale price: $498,916


Land Sale
11 sales
Average days on market: 262
Average sale price: $427,727


Manufactured Home Sales
6 sales
Average days on market: 195
Average sale price: $396,333
August 2020 Market News

Detached Properties
95 sales
Average days on market: 58
Average sale price: $882,622


Attached Properties
31 sales
Average days on market:  123
Average sale price: $522,735


Land Sale
19 sales
Average days on market: 261
Average sale price: $404,588


Manufactured Home Sales
3 sales
Average days on market: 221
Average sale price: $$541,333