Happy Mother’s Day!

Happy Mother’s Day!

Here are a few quotes that embody what mothers and motherhood mean to us:

images    A mother’s happiness is like a beacon, lighting up the future but reflected also on the past in the guise of fond memories.
~ Honore de Balzac

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Sometimes the strength of motherhood is greater than natural laws.
~ Barbara Kingsolver

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Motherhood: All love begins and ends there.
~ Robert Browning

Cheers to an awesome day!images4

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Detached Home Sales Surge on the Sunshine Coast

Real Estate Market Update for the Sunshine Coast April 2014

We’re well into May now and the statistics for April are in!

The market is swinging to it’s own tune.  Remember over the last several months we have seen the detached market lag behind last years results and the attached and land only markets soar beyond last years heights.  Well, we have a reverse of that situation this month.

Porter Rd View Acreage in Roberts Creek

Porter Rd View Acreage in Roberts Creek

Residential detached homes

Residential detached dollar volume is up to $20,109,000 this month over last year’s $15,422,000.  This is an increase of 30%!  Unit sales closely match with 52 homes sold over last year’s 38 for a 36% increase.

Year to date is more modest but up nonetheless.  Total dollar volume for the year so far is $54,915,000 compared to last year at $52,137,000 for an increase of 5%.  Total units sold YTD is 136 compared to 124 from last year for an increase of 10%.

The total amount of available detached listings are 731 compared to last year at 661 for a 10% increase.  Total sales as a percentage against total listings available is 7.1%.

A balanced market is in the 15-20% range therefore we are still very much in a buyers market as we move into the last month of spring.

Park Rd Condo Gibsons BC

Park Rd Condo Gibsons BC

Residential attached homes

Attached housing dollar volume is $1,415,000 in April.  Last year we were at $2,350,000 which is a difference of -60%.  Unit sales for April are down 50% to 5 units sold compared to last year where we had 10 sold.

Year to date dollar volume is $9,682,000.  Last year by this point we reached $7,500,000 so we are up 12.5%.  Unit sales have totaled 35 compared to last year’s 29 for an increase of 17%.  The total amount of available attached listings 164 compared to last year at 171 for a negligible difference.  The sales as a percentage against total available listings is 3%!

 

Lower Rd Recreational Waterfront

Lower Rd Recreational Waterfront

Land only

Land only sales also “took a hit” this past April with no registered sales at all.  Year to date we have total dollar volume sales of $3,323,000. Last year we had reached $3,655,000 by the same time for a small difference of -10%.  YTD unit sales for 2014 equal 17 compared to last year at 15.

What do all these numbers mean?

The detached market is enjoying the usual springtime upswing and it is nice to see this surpass last year’s numbers!  As a seller you still need to show your home beautifully and be ready to sharpen your pencil when the offer does come in…don’t let that buyer go!  Buyers, it’s still your market, however we are seeing some robust action in detached homes sales so you can still cut a very good deal but don’t wait too long as the home you want may be gone next week!

Attached sellers need to continue along the same path of excellent showability & sharp price! I am hoping the month of April’s downward blip is short lived and we will see increased sales again in May.  If you want to be one of those sales then keep working with the process of making your condo or town home available and keeping it in good shape.  Consider a price reduction to add an edge of competitiveness.  If you are a buyer looking to get into the attached market then you have choice.  There is the right one waiting for you at a more than reasonable price!

View of North Shore, islands and ocean on the Sunshine Coast BC

View of North Shore, islands and ocean on the Sunshine Coast BC

Land only sellers….what can I say…I’ve never seen a month with no sales!  That is definitely a unique situation and unlikely to be repeated anytime too soon.  Depending on the kind of property you have to sell, do everything you can to make it accessible. If you have raw land consider clearing a building site.  Consider doing some tree clearing or limbing to provide a view.  Anything you can do to paint the picture for a potential buyer is positive.

Buyers for bare land you have excellent options available to you.  Acreages that can be subdivided or allow you to build multiple dwellings are available at very good prices!  More modest lots close to the beach and good for holding or building can be had as well.

Whatever your idea is about selling or purchasing real estate let Ria and Russ assist you.  Call us and we can go over your goals and provide you with a strategy to attain them!

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Local Spot Prawns caught off the shores of the Sunshine Coast BC

Colouring Contest Winners!!!

IMG_5201 Last Saturday we had the Grand Opening of our new office in Gibsons and Russ and I hosted a colouring contest. About 12 kids participated and the results were fantastic!

IMG_5211 Our daughter, Athena, was the official judge and here are the results: Congratulations to Gavin, Alexa and Brielle! Great job!! Each winner received a $10 gift certificate to GreatKids Toys, Games and Books Store.

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Waterfall at Cliff Gilker Park Roberts Creek

Prudential Sussex Realty Grand Opening in Gibsons!

Prudential Sussex Realty Gibsons

Prudential Sussex Realty Gibsons

You’re invited to the Grand Opening of our
new Prudential Sussex Realty office in Gibosns Park Plaza (IGA)

Saturday April 26 11am-3pm
117-1100 Gibsons Way

Russ and I are sponsoring a colouring contest for the kids!
Prizes include a chance to win 1 of 3 gift cards to GreatKids Toys, Games, Book Store!

CKAY FM on location!
BBQ, cake and coffee served.
Bring the kids, bring your friends, everyone welcome!!

Listen to our radio ad here >>>>

Hope to see you there!

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Boats along Bonniebrook Beach Gibsons

Open Houses on the Sunshine Coast

OPEN HOUSE Saturday Apr. 19, 1-3pm

Fairmont Rd Gibsons BC Sunshine Coast

Open House at Fairmont Rd Gibsons BC Sunshine Coast

683 Fairmont Rd, Gibsons

Spacious Family View Home

3 beds | 2 baths | rooftop deck | cul-de-sac | 1/3 acre lot | 2,310 sq ft

$398,000

OPEN HOUSE Saturday Apr. 19, 1-3pm

3-5471 Secret Cove Sunshine Coast BC

Open House at 3-5471 Secret Cove Sunshine Coast BC

3-5472 Secret Cove Rd, Secret Cove

Boater’s Paradise

3 beds | 2 baths | immaculate | beautiful views | bare land strata | 1,982 sq ft

$327,500

 

MLS® HPI Price Comparison for Sea to Sky vs Greater Vancouver

Greater Vancouver real estate market has seen a steady increase in the MLS® Housing Price Index (HPI) since the market plunge in 2009 while rural areas, such as Sunshine Coast, Squamish and Whistler are struggling to catch up.

Check back next month to see how things change.

MLS® HPI Sea to Sky vs Greater Vancouver Mar 2014

MLS® HPI Sea to Sky vs Greater Vancouver Mar 2014

About MLS® Housing Price Index (HPI)

MLS® Housing Price Index (HPI) model uses statistical analysis to determine the current value for homes using home attributes and calculates how the value of the typical or “benchmark home” changes over time which gives a clear view of home price trends over time.

Sunshine Coast Real Estate Market Update for March 2014

Sunshine Coast Waterfront

Beachfront home Sunshine Coast, BC

Some very interesting real estate sales statistics coming from the month of March 2014 on the Sunshine Coast, BC. Lets begin with detached homes.

Detached Home Sales

March saw 12% less dollar volume than last year – $15,500,000 vs $17,600,000.  We also saw a commensurate reduction in unit sales.  We’re down 10% with 34 sales this March compared to 37 from last year.

We’re down in new listings that have come on in March by 9% (129 new listing this March compared to 143 last year).  This makes correlative sense with unit sales BUT our total units listed as of March 31 are 678 whereas last year at this time we only had 566 units listed.  This is a 19% jump in inventory.

Year to date dollar volume we are only down 5% from last year – $34,800,000 compared to $36,700,000 from last year.  Unit sales for the year are 84 compared to 86 last year.

Spring on the Sunshine Coast BC

Spring on the Sunshine Coast BC

Attached Home Sales

Attached home gross dollar sales in March was $2,379,000 compared to last year at $2,830,000 for a difference of -16%.  Unit sales this past month equaled 10 versus last year’s 11.

Inventory is down slightly with 157 units available.  Last year we had 166 units available for a difference of -5.5%.

Year to date we are up across the board. Dollar volume rose 37% to $8,257,000 compared to last year where we were at $5,420,000.  Unit sales reflects the same increase with 30 sales year to date.  Last year saw only 19 sales by the same time.

Zen garden Gibsons BC

Zen garden Gibsons BC

Land Only Sales

Land only sales are rocking!  We’re up 220% in dollar volume with $622,000 versus $282,000 from last year.  We have 4 units sales in March this year compared to 2 from March last year.

Inventory is down 5% to 389 from 410.

Year to date we have enjoyed a total of $3,328,000 in total dollar volume compared to last year at $2,280,000.  This is an increase of 45%!  Unit sales are up too.  16 units sold this year compared to 11 from last year.

What does this mean?

View of North Shore, islands and ocean on the Sunshine Coast BC

View of North Shore, islands and ocean on the Sunshine Coast BC

In a general sense, we’re doing just fine with two segments of the market (attached and land only) up significantly despite the relatively small numbers over all.  Although we are down for detached sales we are starting to see some lovely weather that will make a positive difference for sales as we move forward into spring.

Detached sellers – Compete, compete, compete!  There are a huge amount of properties for buyers to choose from.  Show your home very well and lead the market on price. This will be your key to selling sooner than later!

Attached sellers – Although numbers are up, the total numbers are still quite small.  Be optimistic but guardedly so.  As with detached sellers you should show your home as neatly as possible and also lead the market with pricing.

Land only sellers – Again, the numbers are up in a huge way but the total numbers are still small and the competing inventory is large.  Do whatever you can with your bare land to differentiate it from the competition.  Is there a view you can exploit?  Is there some clearing or trailblazing you can do to make the property more accessible and appealing to a buyer?

Buyers for all property types – Interest rates are down to 3.14% with some mortgages available at 2.99%!  When you’re ready to purchase get pre-approved first.  With all the inventory there is something out there for you and sellers will be eager to entertain an offer!

Whether you are buying or selling talk to Russ or Ria and we can create an action plan that will work for you on many different levels.

Remember, there is no obligation when you chat with us.  We’re here to help you achieve your real estate goals!!

https://coastlifestyles.ca/

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Dreaming of Gardens and Acreage in a Park-like Setting?

Look no further than 953 Marine Drive, Gibsons Sunshine Coast BC.

853 marine Dr Gibsons BC Sunshine Coast

Cottage Country! 953 Marine Dr Gibsons BC Sunshine Coast

This solid home sits on 1.79 park-like acres and backs onto Soames Hill (aka Knob Hill) and is just across the street from one of the best sandy beaches on the beautiful, rugged Sunshine Coast BC.

953 Marine_wisteria

953 Marine_wisteria

Manicured gardens include fruit trees, perennial shrubbery, ornamental Maples, ponds, climbing flowers, hot tub, wired gazebo and a Zen garden that unfold onto natural ferns, Oregon grape, cedars and fir strewn with moss covered glacial rock.

953 Marine Dr Gibosns_zen garden

953 Marine Dr Gibosns_Zen garden

953 marine_backyard

953 Marine Dr Gibsons BC_backyard

Step into the immaculate, completely updated 3 bedrooms and 1 bathroom home featuring updated hardwood kitchen with stainless steel appliances, newer bathroom, state of the art washer/dryer and the list goes on!

953 Marine Drive Gibsons BC_Living Room

953 Marine Drive Gibsons BC_Living Room

Subdivide, stratify or simply build another full home this property.

953 Marine Drive Gibsons BC_Kitchen

953 Marine Drive Gibsons BC_Kitchen

 

953 Marine Drive Gibsons BC_magical pathway

953 Marine Drive Gibsons BC_magical pathway

953 Marine_sunset

953 Marine_sunset

Make your dreams come true and call this property home today!

More details

 

 

 

 

 

 

 

 

 

 

 

 

 

Weekend Open House

3-765 SCHOOL ROAD Gibsons BC $249,900

Open House – Sunday, March 23rd from 12 – 2pm

This is your chance to enter the real estate market with a 3 bedroom / 2 bathroom town home at Sunshine Ridge on the Sunshine Coast, BC.

3-735 School Rd, Gibsons BC

With over 1360 sqft of living space this home is great for a first time buyer, empty nesters, investor or simply as a coastal getaway! Walk to schools, shopping, the movie theatre, community center ice rink, pool and more.

There are no rental restrictions! Up to 2 cats are ok! 2 dogs under 25lbs are ok too! Take advantage of this while you can!

3-735 School Rd Gibsons BC

3-735 School Rd Gibsons BC

Call us today for your private viewing!

Spring 2014

Prudential Sussex Realty Gibsons office is moving!

Prudential Sussex Realty Gibsons office is moving!

As REALTORs® we go through all the same emotions that our clients go through when moving house.

I’m up for a change.

Spring is in the air and I’m optimistic about real estate and life in general. Early next week Russ and I will be going through all our files, photos, awards and personal effects bringing rise to emotions and feelings and that’s okay. I say, “Let’s shake it up!”

Come check out our new digs at Gibsons Park Plaza (at the IGA).

Russ and I will be settled into our new office by Friday March 28th. Stop by and say “Hi!”

Prudential Sussex Realty, Gibsons
Unit #117 – 1100 Sunshine Coast Hwy.
Gibsons, B.C.
V0N 1V7

Spring 2014

Flowers at the Sunken Garden, Butchart Gardens, Victoria, British Columbia, Canada

By the way…

Happy 1st day of Spring!

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