reflections in sandy hook sechelt sunshine coast BC

Home-buying competition is fierce on the Sunshine Coast BC breaking all 10-year averages

Home-buying competition is fierce on the Sunshine Coast BC

Home-buying competition is fierce on the Sunshine Coast BC with continuing price rises and low inventory levels breaking all 10-year averages.

Attached is a new format for tracking real estate sales across the Sunshine Coast with colourful graphics in an easy-to-read format.

Detached Home Sales

The average price of a detached home for the month of April 2017 is up 20% over last month to $723,030.

Inventory levels are up 18% along with a slight increase in sales to 67 homes which is expected this time of year.

Townhome and Condo Sales

Townhome and condo sales are up 13% to an average price of $396,199.

Twenty-two attached units sold in the month of April 2017 almost double last month with inventory level remaining even.

Land

Land only sales double to 22 units in April 2017 over the previous month. The average price per property was $408,181 up 10% with 29 new listings on the market and 291 total properties for sale. Sales success ratio was 7.5% which is still a buyer’s market.

 

Timing, pricing and location are the biggest factors in how quickly a property will sell in a busy market like the Sunshine Coast BC.

Speak with a REALTOR® licensed in your area to gain insights into current real estate market activity in your neighbourhood.

For all your real estate buying, selling and investment needs on the Sunshine Coast BC contact Russ Qureshi and his team at http://coastlifestyles.ca

 

608 bals lane custom-built character home

Just Sold! Custom-built Character Home In Heritage Hills

608 Bals Lane Gibsons

Ocean and island views from this custom-built character home in desirable Heritage Hills.

This custom-built character home is entirely renovated in 2006 and boasting 2 beds, 2 full baths plus den & office, a hot tub on the deck overlooking Gibsons Creek. The two separately titled lots afford privacy and options. It feels like your living a rural lifestyle but you are walking distance to all the amenities of lower Gibsons.

More details in the link below…

58 clark rd gibsons luxury waterfront home real estate in Gibsons British Columbia

Just Sold! Luxury Waterfront Home On .49 Acres

58 Clark Road, Gibsons

Just Sold! Luxury Waterfront Home On .49 Acres

LUXURY WATERFRONT home built with quality and craftsmanship nestled on a premium high-bank waterfront location in Gibsons.

Designed by Lori Steeves and built by Longman Developments featuring 5,644 sqft of living space and .495 acres of manicured gardens, patio and lawns.

Inside boast geothermal heating w/ HVAC system, elevator for easy mobility, custom flooring, tile and cabinet work, quartz and granite counters, vaulted ceilings, 3 gas fireplaces to cozy up to, 5 pc master bedroom ensuite with Carrera marble walk-in shower, guest suite/studio over the garage, mud room and laundry, water filtration system & built-in wifi/sound system.

Dine on the upstairs balcony or relax on the lawn and watch the cruise ships sail past. Unsurpassed beauty and value in the loveliest West Coast location!

More details in the link below…

log home 1645 grady

Private Log Home On .3 Acres With Mountain View

1645 Grady Road, Langdale

Private log home on .3 acres with mountain view at the end of a cul de sac with lovely front yard, detached shop and garage and view of Mt Elphinstone.

This family log home boasts 3 bedrooms, 2 bathrooms, 2 wood fireplaces and a large, private backyard, easily fenced and ready for play.

Recreation is at your doorstep, bike, hike or walk to school, beach and bike trails. Hot-water tank and roof are new in 2015. Proximity to the ferry makes this a winner!

Start your Coast Lifestyle today!

More Details (click the link below)

 

 

1473 vernon view gibsons

Open-concept craftsman on .49 acres with view of Georgia Straight

1473 Vernon Drive Gibsons – Open-concept craftsman

This open-concept craftsman home nestled on .49 acre corner lot with sweeping views of Georgia Straight is bright and airy with high ceilings, French doors and a mix of traditional/contemporary.

Fully remodelled in 2016 incl. gourmet kitchen, quartz counter tops, gas range, two master bedrooms, 2 gas fireplaces, solid oak floors, hot water on demand, steam washer and dryer. Spa bathroom & ensuite boasts in-floor heating, marble tile, double vanity, soaker tub.

Outside offers cedar wrap-around deck off the kitchen with gas BBQ hookup, deck and patio from the lower level open to a big, sunny backyard. Live your dream today!

More Details (click the link below)

 

spring-cherry-blossoms-roberts-creek-bc

Home Prices Continue To Rise In March 2017 On The Sunshine Coast BC

March 2017 compared to March 2016

The month of March 2017 real estate housing market update finds prices remained strong and inventory levels low.

 

Overall, the real estate market on the Sunshine Coast held strong with the HPI (Housing Price Index) continuing to trend in the positive, up 25% over March last year to $480,608.

 

Total dollar volume for the month of March is up 14% across the Sunshine Coast to $44,412,125.

 

Unit sales are down 55% over last March with 83 homes and property sold, while the average price of all property is $535,085 down 4% and a sales success ratio of 16% making it a balanced market overall.

 

The housing market continues to be competitive for home buyers on the Sunshine Coast with 528 available homes and land for sale and 150 newly listed properties for sale in March.

 

Detached Home Sales

(March 2017 compared to February 2017)

 

The detached real estate market for March 2017 on the Sunshine Coast continued to climb with sales up 17% to $35,586,300 over February. Unit sales totaled 59.

 

The average price of a detached home grew 17% to $603,157 over February.

 

The number of homes for sale grew 9% to 239 units with 98 new homes listed for sale. Sales success ratio was 25%, a seller’s market.

 

Condo, Townhome and Apartment Sales

(March 2017 compared to February 2017)

 

Condo, townhome and apartment sales for the month of March on the Sunshine Coast totaled $4,759,825 down 48% from last month with 13 unit sold.

 

The number of active attached homes for sale grew 10% to 49 units with a sale success ratio of a 27%.

 

Average price of an apartment, condo and townhome on the Sunshine Coast BC slipped 4% to $367,440 for the month of February.

 

Land-Only Sales

(March 2017 compared to February 2017)

 

The Sunshine Coast land-only real estate market is on a roller-coaster ride with sales activity moving up and down drastically over the past few months.

 

Sales volume was $4,066,000 in March up 33% with 11 units sold. The average price of bare-land property almost doubled over last month up 42% to $369,636 while the sales-success ratio was 4.5%.

 

Active listings totaled 240 with 29 newly listed land-only properties in March which was slightly more than last month.

 

Summary

 

Sellers, the sweet spot for a quick sale, average 66 days on market, is in the $400,000-$500,000 range for detached homes and $200,000-$300,000 for attached homes such as apartments, condos and townhomes.

 

Buyers, it remains to be prepared to move quickly to purchase your ideal home, which means speaking to your mortgage broker and having contingencies in place and ready to go. Multiple offers are not uncommon on certain properties and homes.

 

 

Timing, pricing and location are the biggest factors in how quickly a property will sell in a busy market like the Sunshine Coast BC.

 

Speak with a REALTOR® licensed in your area to gain insights into current real estate market activity in your neighbourhood.

 

For all your real estate buying, selling and investment needs on the Sunshine Coast BC contact Russ Qureshi and his team at http://coastlifestyles.ca

 

 

 

935 north rd gibsons ALR

New Listing! Calling All Farmers – 5 acres ALR/AG Zoned Property And Home

5 acres ALR/AG Zoned Property And Home

CALLING ALL FARMERS – 5 acres ALR/AG zoned property walking distance to Gibsons and boasting 200 feet of road frontage. The property is almost entirely cleared and ready for crops, greenhouses and/or horses.

The unfinished home requires a licensed builder or owner/builder as defined by BC Housing to be completed. Once finished the “big house” will accommodate extended family and farm help.

The present cabin is highly livable and makes an ideal space to stay in the interim.

The size, shape & exposure of this property make it ideal for agricultural development.

Call us to view today! 604-741-7119 

More Details (click the link below)

 

608 bals lane custom-built character home

Price Reduced! Heritage Hills Custom Built Home With A View In Gibsons

608 Bals Lane, Gibsons

Ocean and island views from this custom-built character home in desirable Heritage Hills. Entirely renovated in 2006 and boasting 2 beds, 2 full baths plus den & office, a hot tub on the deck overlooking Gibsons Creek. The double lot affords privacy and options. It feels like your living a rural lifestyle but you are walking distance to all the amenities of lower Gibsons.

Was $669,00 Now $634,000

More details below…

 

 

sunshine coast real estate

Home Prices Remain Strong On The Sunshine Coast BC

The month of February 2017 real estate housing market update finds prices remained strong month over month and since February 2016 while low inventory keeps the market volume low.

 

Overall, the real estate market on the Sunshine Coast is strong with the HPI (Housing Price Index) up 27% over last year to $506,100 and trending in the positive for the long term.

 

Total dollar volume for the month of February is down 21.2% across the Sunshine Coast to $38,319,300.

 

Unit sales are down 31.7% over February 2016 with 69 homes and property sold, while the average price of all property is $555,352 up 15.3% and a sales success ratio of 26%.

 

The housing market continues to be competitive for home buyers on the Sunshine Coast with inventory levels of 269 available homes and land for sale, down 37% and 80 newly listed for sale in February.

 

Detached Home Sales

The detached real estate market for February on the Sunshine Coast surged with sales doubling to $29,074,000 over January. Unit sales totaled 44.

The average price of a detached home grew 28% to $514,315.

The number of homes for sale remains even at 213 units with 62 new homes listed for sale. Sales success ratio was 21%.

 

Condo, Townhome and Apartment Sales

Condo, townhome and apartment sales for the month of February on the Sunshine Coast totaled $9,245,300 double again month over month along with unit sales of 25.

 

The number of active attached homes for sale dipped 17% to 44 units with a sale success ratio of a whopping 57%.

 

Average price of an apartment, condo and townhome on the Sunshine Coast BC jumped 10% to $382,533 for the month of February.

 

Land-Only Sales

The Sunshine Coast land-only real estate market is on a roller-coaster ride with sales activity moving up and down drastically over the past few months.

Sales volume came in at $2,984,462 in February with 14 units sold. The average price of bare-land property settled back into long-term averages at $213,175 down 70% while the sales-success ratio remained even at 6%.

Active listings totalled 225 with 24 newly listed land-only properties in February mirrored last month’s numbers.

 

Summary

Sellers, the sweet spot for a quick sale, average 67 days on market, is in the $400,000-$500,000 range for detached homes and $200,000-$300,000 for attached homes such as apartments, condos and townhomes.

 

Buyers, it remains to be prepared to move quickly to purchase your ideal home, which means speaking to your mortgage broker and having contingencies in place and ready to go. Multiple offers are not uncommon on certain properties and homes.

Timing, pricing and location are the biggest factors in how quickly a property will sell in a busy market like the Sunshine Coast BC.

 

Speak with a REALTOR® licensed in your area to gain insights into current real estate market activity in your neighbourhood.

 

For all your real estate buying, selling and investment needs on the Sunshine Coast BC contact Russ Qureshi and his team at http://coastlifestyles.ca

 

 

 

58 clark rd gibsons luxury waterfront home real estate in Gibsons British Columbia

New Listing! Luxury Waterfront Living in Gibsons British Columbia

58 Clark Road Gibsons British Columbia

LUXURY WATERFRONT living in Gibsons British Columbia. Custom home built with quality and craftsmanship nestled on a premium high-bank waterfront. Designed by Lori Steeves and built by Longman Developments featuring 5,644 sqft of living space and .495 acres of manicured gardens, patio and lawns.

Inside boast geothermal heating w/ HVAC system, elevator for easy mobility, custom flooring, tile and cabinet work, quartz and granite counters, vaulted ceilings, 3 gas fireplaces to cozy up to, 5 pc master bedroom ensuite with Carrera marble walk-in shower, guest suite/studio over the garage, mud room and laundry, water filtration system & built-in wifi/sound system.

Dine on the upstairs balcony or relax on the lawn and watch the cruise ships sail past. Unsurpassed views and beauty in the loveliest West Coast location!

More Details (click the link below)…