The Beauty of Dreams

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The future belongs to those who believe in the beauty of dreams.

Eleanor Roosevelt

Comparative HPI Sunshine Coast / Greater Vancouver

Sunshine Coast Market Update for January 2014

Comparative HPI Sunshine Coast / Greater Vancouver

Sunshine Coast real estate is starting with a bang in 2014!

It is very heartening to see such great numbers to start this year off!

Here we go:

Residential detached sales

Residential detached sales for this past month are up an incredible 63% over January last year!  This translates to $11,769,000 in dollar sales compared to January 2013 where we enjoyed $7,188,000 in dollar sales.

Unit sales for January are up 33% to 28 homes sold versus 21 homes sold in the same time last year. Of course, this being the first month of the year all the year to date stats are the same.

Residential attached sales

Residential attached sales for this past month are up 54%!  January this year we sold over $2,314,000 compared to last year’s total of $1,266,900.

Unit sales for this past month are 9 compared to last year’s 5.

Land only sales

Land only sales are up, get this 822%!  This is a crazy increase and it will be interesting to see how long these numbers last for bare land.  Total dollar value sales are $1,903,000 compared to last year at $197,000.

Unit sales this past month were 8 compared to 2 last year.

Balanced Market Prediction

This is the year we start to see a more balance market is my prediction.  If you’re thinking of a move, whether you need to buy or sell or both, Ria and I can help.  Call us and we’ll have a chat about how to realize your real estate goals in 2014!

Russ and Ria_signature