Market Update - April 2021

Posted on Mar 30, 2021 in Sunshine Coast, BC Real Estate Podcast




The Sunshine Coast Real Estate market has cooled a bit in the last two weeks, but it is still very much a Sellers' Market. Successful buyers have mortgage pre-approvals and are working with a local buyer’s agent.

Here are how the numbers broke down in detail for March:

MARCH YEAR-OVER-YEAR (YOY)

  • March 2020 saw 66 total sales – 37 of them were single-family detached, and the average price of those homes was $741,000. The average time on market was 32 days, and the total dollar volume of sales was $39,175,000.
  • March 2021 had 150 total sales – 73 of them were single-family detached houses with the average price of those homes being $995,000. The average time on market has been 10 days, and the total dollar volume of sales was $121,975,000.

YEAR TO DATE - YOY

  • From January 1 to end of March 2020 saw 145 total sales – 79 of them were single-family detached, and the average price of those homes was $682,000. The average time on market was 52 days, and the total dollar volume of sales was $89,556,000.
  • From January 1 to end of March 2021 had 359 total sales –162 of them were single-family detached houses with the average price of those homes being $960,000. The average time on market has been 22 days, and the total dollar volume of sales was $275,736,000.

CURRENT DETACHED HOME INVENTORY LEVEL(S)

  • Gibsons – 29 homes for sale. 12 of them under $1M
  • Roberts Creek – 4 homes for sale. 4 under $1M
  • Sechelt – 46 homes for sale. 30 under $1M
  • Halfmoon Bay – 15 homes for sale. 9 under $1M
  • Pender Harbour – 11 homes for sale. 6 under $1M
  • TOTAL INVENTORY – 105 detached homes listed, 61 under $1M and a large percentage of those are already under offer.

Call Tony today

If you are thinking of selling, now is a good time providing you have somewhere to go. The rental situation is tight so cashing out and not buying may mean a relocation off Coast.

Call me if you're not already working with an agent and I'll guide you through the very fast-moving Sunshine Coast real estate market.

Tony Browton - TrueBlueRealty.ca
Personal Real Estate Corporation
Re/Max City Realty (Gibsons)
Mobile: 604-418-2695
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