Market Minute - July 2020

As we move deeper into July, our real estate market here on the Sunshine Coast continues to heat up. Gibsons, specifically, is suffering from a lack of inventory which is pushing prices higher.

Spring is typically a busy time for real estate but that demand was bottled up due to quarantine. With restrictions lessening, interest in the Sunshine Coast is surging.

Young-ish people from Vancouver are eyeing our quiet paradise and picturing their families thriving in a less densely populated area. The rapid adoption of telecommuting also plays a role. With proximity to an office no longer a concern, the comparatively affordable Sunshine Coast becomes even more alluring.

We're returning to a market where multiple offers are commonplace. Whether you're buying or selling, you'll want to work with an experienced agent that's a skilled negotiator.

Call me to make a move this summer and I'll be your advocate in this busy real estate market.