Russ Qureshi

Political and economic volatility squeezed the Sunshine Coast real estate market

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Sunshine Coast Real Estate Market Update October 2026

September 2026 Home Sales Summary

The Sunshine Coast real estate market declined over September.  This is noticed most markedly in the Condo and Townhome segment of the market.  Bareland property had a bright spot and the detached h0me market is enjoying similar volume in unit sales but we see prices are dropping.  Let’s check out the numbers:

Detached Homes 

Fully Detached home sales dollar volume was down 13% to $44,350,000 and unit sales were down 7% to 39 homes sold.  Total inventory is down 7% to 452 available listings.  This means our sales success ratio (the amount of sales versus the available inventory) is 8.6% putting the market, statistically, in buyer’s hands.  Another way of looking at it is: 452 listings give us approximately 10 months housing supply.

Year to date we are down 11% in dollar volume to $344,500,000 and down 12% in unit sales to 326 homes sold so far in 2026.

The average price of a home last month was $1,136,000 while the median price (the home that sold in the middle) was $944,000.

Condo and Townhomes

Condo and Townhome sales were down in dollar volume by 45% to $3,500,000 and unit sales were down the same percentage to 5 sold.  Our total inventory in this segment of the market is down 8% to 93 available homes.  This means our sales success ratio is just over 5% and a buyers’ market.  At this rate, (unusually slow) we have 19 months supply.

Year to date we’re pretty much even with last year.  Dollar volume is down less than 1% to $46,000,000 and unit sales are up 4% to 74 homes sold so are this year.

The average price for a town home or condo last month was $592,000 while the median price, the home that sold in the middle, was $625,000.

Vacant Land

Bareland sales were up 17% in dollar volume to $3,155,000 and down in unit sales by 25% to 3 lots sold in September.  The numbers are skewed by a high dollar sale (Jon and I are proud to be the listing realtors on this one and happy to “get it across the line” for our seller) on WitherbyBeach Rd – this was actually a 37 Lot transaction for $2,500,000.  Inventory is down 7% to 155 bare land properties available.

Year to date we are up 108% in dollar volume to $18,900,000 and up 38% in unit sales to 29 lots sold so far in 2026.

What Home Buyers and Sellers Should Know

Locally, this past months’ bright spot has been the announcement that our pulp and paper mill will remain open for the foreseeable future rather than idling indefinitely. While this is clearly positive, our union employees have yet to ratify a new collective agreement.  We also have the uncertainty of Provincial elections this month and, to a lesser extent, Municipal elections.  Once that dust settles, we watch our friends to the south undergo midterms. We all face general volatility in the political and economic landscape over the next while.  That macro situation is manifesting in the micro real estate economy in the Greater Vancouver area. The usually 10-15% investor buy in per month is trickling down to near zero.  I can confidently assert that 99% of the buyer market is presently an end user who will live on the property they are buying.  This means a leaner, tighter decision on pricing if you are a seller.  Buyers, make sure all of your financing items are in order and be ready to make a strong offer on what you want!

For market intelligence call Russ and Jon and we’ll show you how to get here!

Russ Qureshi

Sunshine Coast BC Real Estate Market Report – July 2026

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The Sunshine Coast market is heating up: Here’s what you need to know

July 2026 Market Summary

Real estate sales on the Sunshine Coast for the month of July enjoyed a big bump in sales volume over the previous month!  All three segments of the market, detached homes, condos and townhomes and bare land experienced significant improvement in sales.  Let’s see how each segment of the market breaks out:

Detached Homes


Detached sales were up in dollar volume by 41% to $52,450,000 and unit sales were up 21% to 51 homes sold in July.  Our available inventory is down 8% to 494 available, detached, homes for sale.  This means our sales success ratio (the amount of sales versus the available inventory) is just over 10% keeping us in a balanced market. Interesting to note: there were 3 sales over $2,000,000 last month.

Year to date we are still down in dollar volume by 6% to $268,000,000 and unit sales are down 8% to 255 homes sold in 2026.  

The average price for a home in July was $1,028,000 while the median price, the home that sold in the middle, was $969,000.  

Condos and Townhomes

Condo and Town Home sales are up 62% in dollar volume to $6,650,000 and up 64% in unit sales to 11 homes sold in July.  Our available inventory is down sharply by 24% to 84 available homes.  This means our sales success ratio for this segment of the market is 13% putting us well into a balanced market last month.  

Year to date we are up in dollar volume by 4% to $35,400,000 and up by 8% in unit sales to 57 homes sold in 2026.  

The average price for a town home or condo in July was $563,500 while the median price was $505,000.

Vacant Land

Land only sales are up in dollar volume by 30% to $780,000 and unit sales are up to 3 bare land properties sold.  Our available inventory is down 5% to 154 lots available.  

Year to date we are up 192% in dollar volume to $15,000,000 (this is due to several large and/or boutique properties selling in the range of 2 – 3.5 million) and up 71% in unit sales to 24 lots sold in 2026.

The average price for a lot in July was $260,000.

What This Means for Buyers and Sellers

If you are selling your fully detached home or condo-townhome property, the key to this market is making sure you have a ready-made situation for a buyer to move into.  This means tackling any deferred maintenance and making sure you don’t leave anything to the buyer to do.  If you do, you will lose more through a low offer than you would by replacing that appliance, painting that room, fixing that window etc yourself.  Land only sellers should be asking a very sharp price and should still expect to be on market for a significant amount of time. 

There are bright spots in this market for both buyers and sellers, however there are also some things to watch out for.

Sellers: expecting the price your neighbour achieved two years ago is not in the cards so lower your expectations.  

Buyers: thinking you’re going to automatically get 10% off anything you see is also fallacy.  Prices generally reflect present value.

I’ve added a meme that made me spit out my coffee laughing this morning.  I guess Jon and I are somewhat old school in the sense that we will SELL your property by actually conversing with our colleagues.  It’s not a flex … it’s how good business is done!  Call us to learn how we can help you realize your real estate dreams!

Sources

GREATER VANCOUVER REALTORS®

@therealestatememes IG

Russ Qureshi

More buyers are finding their home on the Sunshine Coast

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Sunshine Coast Sales Statistics for June 2026

June was a very solid month for real estate sales on the Sunshine Coast of BC.  The detached, condo and townhome segments were up sharply while bare land was down.  Let’s see how it breaks out:

Fully Detached sales were up in dollar volume by 39% to $70,100,000 and unit sales were up 17% to 53 homes sold in June. Available inventory is down 5% to 505 available homes (approximately 10 months’ supply).  This means the sales success ratio (the amount of sales versus the available inventory) is 10% making this segment of the market balanced.  

Year to date we are down in dollar volume by 13% to $215,500,000 and down 13% in unit sales to 204 homes sold so far in 2026.  

The average price for a home in June was $1,337,000 while the median price, the home that sold in the middle, was $940,000.

Condo and Town Home sales were up in dollar volume by 700% to $4,100,000!!and unit sales were up 300% to 6 homes sold.  Our available inventory is down 19% to 87 available homes.  This means our sales success ratio is 7% which maintains in this segment of the market as a buyer’s market.

Year to date we are down slightly in dollar volume by 4% to $28,800,000 and unit sales are up by 2% to 46 condos or town homes sold in 2026.  

The average price of a home last month was $700,000 while the median price was $649,000.

Land only sales were down in dollar volume by 33% to $525,000 and unit sales are down by 66% to 1 bare land property sold.  Our available inventory is up 2% to 156 properties.  

Year to date we are up 214% in dollar volume to $14,200,000 and up 61% in unit sales to 21 lots sold.  It was an especially tough month for land only sellers.

This month’s analysis shows the market starting to brighten up. Jon and I are finding that folks who buy homes right now are mostly end users and tend toward specific, personal, criteria for a purchase.  There is a lot of pressure on the sub $800,000 market with buyers, who previously thought they may never be able to enter the market, now seeing opportunity.  

Sellers, you have to love your buyer and meet them where they’re at.  Trying to attain the sale price your neighbour achieved 2 years ago is a very unlikely scenario.  If you price at the top end of your home’s estimated value range, then be prepared to be on market for quite awhile.  If you have pressure to sell sooner then lead the market with a “lower than you think” price.

For market intelligence and a personalized plan for selling or buying a home or property, trust the experience Russ and Jon bring to the equation and give us a ring!

Russ Qureshi

Townhome and condo sales on the rise this spring

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Sunshine Coast Real Estate Sale Statistics for May 2026

May 2026 saw a jump in condo and townhome sales as well as land only.  Despite the apparent briskness of the detached market we are still down significantly from last year.  Let’s see how things break out:

Fully detached sales were down in dollar volume by 26% to $37,650,000 and unit sales were down commensurately at 25% to 38 homes sold in May.  Our total inventory is down 6% from last year to 480 available homes for sale.  This means our sales success ratio (the amount of sales versus the available inventory) is 8% putting the market, from a statistical POV, in buyer’s hands.  

Year to date numbers paint a similar picture with dollar volume down 27% to $144,000,000 and unit sales down 20% to 151 so far this year.  

The average price for a home last month was $990,000 while the median price, the home that sold in the middle, was $851,000.

Condo and Townhome sales were up 10% in dollar volume to $5,570,000 and unit sales were up 11% to 9 homes sold in May.  Our total inventory is down 16% to 81 available homes meaning our sales success ratio for this segment of the market is 11%…just on the cusp of a balanced market.  

Year to date sales are down in dollar volume by 17% to $24,700,000 and unit sales are down 7% to 40 condos & town homes sold so far this year.  

The average price last month was $650,000 while the median price was $566,000.

Land only sales were up significantly over last month! Dollar volume was up 480% to $6,000,000 and unit sales were up 300% to 8 properties sold. (Jon and I are happy to skew this month’s stats with the sale of one of our listings – a lovely, level, acreage waterfront in Roberts Creek sold through us for $2,725,000). 

Year to date we up 266% in dollar volume to $13,700,000 and up 100% in unit sales to 20 bare land properties sold this year so far.

The sales tempo on the Sunshine Coast feels steady.  There is consistent interest in well price properties across all segments of the market.  If you are considering selling your home or property let us help you create a clear and attainable path forward.  If you are considering buying we can certainly help with sorting through available properties and “getting you there.”  Remember, NONE of our stats blogs are AI generated. 

Ria Qureshi

Spring market snapshot: Fewer sales, lower prices and a hint of recovery

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Sunshine Coast Real Estate Sales Statistics for April 2026

As one might expect we continue to see a marked decline in sales activity here on the Coast.  The macro situation is very unstable with the US/Iran war, the US Petrodollar as a global settlement currency loosing traction, and Europe decoupling from the American economy (and Canada too….as much as is possible anyway).  All of these factors bring a heightened sense of volatility that makes it difficult for some to pull the trigger on a purchase of real estate they might have otherwise made under different circumstances.  We are also seeing up surges in the stock markets (someone is making money!) which is counter intuitive but occurring nonetheless.  Over the past two weeks Jon and I have noticed a big uptick in purchasing activity and pending offers.  Let’s see how it breaks out from a stats POV for last month:

Fully Detached Sales for the month of April were down by 16% in dollar volume to $37,850,000 and down only 4% in unit sales to 39 homes sold (compared to last year at this time). We can see in this particular relationship that prices have come down significantly.  Our inventory is down 5% to 431 available homes. This means our sales success ratio (the amount of sales versus the available inventory) is 9%.  Generally a sales success ratio below 10% signals a buyers market, 10 – 14% is balanced and above that is a seller’s market.  

Year to date we are down 27% in dollar volume to $107,000,000 and unit sales are down 19% to 113 homes sold this year so far.

The average sale price last month was $970,000 while the median price (the home that sold in the middle) was $800,000.

Condo & Town Home Sales down in dollar volume by just over 50% to $4,590,000 and unit sales were down by 45% to 7 homes sold.  Our available inventory in this segment of the market is down by 13% to 77 available “attached” homes.  This means our sales success ratio is the same as the detached market…9%.  

Year to date our dollar volume is down 34% to $19,100,000 and our unit sales are down 13% to 31 condos or town homes sold so far this year.  

The average sale price last month was $600,000 and the median price was $637,000.

Land Only Sales are up in dollar volume by 6% to $759,000 and unit sales are up 100% to 4 bareland properties sold in April.  Our inventory in this segment of the market is up 16% to 151 lots available. This means our sales success ratio is well under 3%….year to date we are up 184% in dollar volume to $7,700,000 and unit sales are up 50% to 12 lots sold this year so far. The average sale price last month was $190,000.  

The YTD dollar volume is a little skewed by a 10+ acre waterfront sale for $3,400,000 that occurred in March.

As mentioned, there was a bump in activity over the past two weeks that belies the falling trajectory one gets from the analyzing the numbers.  Keep following and we’ll let you know if this extra activity is sustained…or not.

Russ Qureshi

Spring price shift favours home buyers

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Sunshine Coast Real Estate Sales Statistics for March 2026

Overall, the market is as one might expect with the war in the Middle East, the resulting push on inflation (especially fuel) and the accompanying chaotic politics.  Let’s see how March fared:

Detached Home sales were down in dollar volume by 16% to $30,000,000 and unit sales were up by 3% to 32 homes sold.  Our available inventory is up 4% to 380 available homes.  This means our sales success ratio, the amount of sales versus the available inventory, is 8.5%…well in to buyer’s market territory.  

The year to date is down 32% in dollar volume to $69,150,000 and down 25% in dollar volume to 74 homes sold this year.  

The average price for a home last month on the Coast was $934,000 while the median price (the home that sold in the middle) was $839,000.

Condo and Townhome sales were down in dollar volume by 41% to $4,050,000 and unit sales were up 10% with 10 units sold. Our available inventory in this segment of the market is down 15% to 71 available homes for sale.  This means out sales success ratio is 14% pushing the attached market into balanced territory.  

The average price for a townhome or condo last month on the Coast was $500,000.

Year to date we’re are down in dollar volume by 7% to $14,500,000 and unit sales are up 8% to 24 sold this year.

Land only sales are up 370% in dollar volume to $3,900,000.  This is due to an 11 acre waterfront sale for $3,400,000…That was one of three sales in the land only market last month.  It’s also interesting to note the property was originally asking 4.2 million 237 days ago.

I am actually quite optimistic that, within the context of war, inflation, high fuel cost and an ongoing realignment of the global order we are seeing home prices coming down to more manageable levels for most buyers.  The latter portion of that statement means the market is strong with buyers and sellers willing and able to transact.

For Sellers: make sure you cleared all obstacle to sale. This means preparing your home to be show ready and dealing with any deferred maintenance BEFORE coming to market.  Depending on your personal needs and goals, Jon and I can advise on pricing strategy!

For Buyers: make sure you have a pre-approved mortgage in hand! The lower end of the market (under $900k) is actually moving along quickly.  In that segment of the market, properties are entering the market well priced and open to offers.  As we move beyond that price point and in to the $1-2 million range there is much more to choose from, and in some cases, good discounts to be had.

For true market intelligence on buying and selling real estate on the Sunshine Coast give Russ and Jon a call! 

Russ Qureshi PREC 604-741-7119

Jon McRae PREC 604-740-6263

Ria Qureshi

It’s spring! Time to tackle that overdue home maintenance

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Although Jon and I, and many of our colleagues, seem to be seeing a real bump in real estate action this past month, the statistics “beg to differ.” Let’s see how February’s stats break out:

Fully Detached Sales are down 38% to $24,700,000 in dollar volume and unit sales are down 35% to 25 homes sold in February.  Our available inventory has risen 12% to 289 available units.  This means our sales success ratio (the amount of sales versus the available inventory) is approximately 8.5% putting us in a buyer’s market.  

Year to date is very close with dollar volume down 40% to $39,350,000 and unit sales down 38% to 42 homes sold in 2026 so far.  

The average price for a home last month is down 3% to $990,000 while the median price, the home that sold in the middle, was $825,000 (a waterfront sale for $3,200,000 is skewing the average sale price).

Condos and Town Home Sales are down 22% to $3,647,000 in dollar volume and down 33% in unit sales to 6 homes sold.  Our available inventory has fallen slightly by 2% to 69 available homes.  This means our sales success ratio is 8.5% leaving this segment of the market in buyer’s hands.  

Year to date we are up 2% in dollar volume to $6,000,000 and unit sales are up 7% to 14 homes sold in 2026 so far.  

The average price of a condo or town home last month was pretty much even with last month at $585,000 while the median price was $545,000.

Land only sales due to a large, waterfront acreage sale, are up in dollar volume by 577% to $2,150,000 and even for unit sales at 2 land only properties sold. Our available inventory is up 20% to 131 lots.  

Year to date we are up 162% in dollar volume to $3,050,000 and up 25% in unit sales to 5 lots sold in 2026 so far.  

The market is seemingly bereft of buyers this month….despite the statistics, Jon and I see a lot of buyers out there who’ve yet to feel comfortable taking the plunge.  The well priced listings are, in some cases, achieving multiple offers yet still not achieving asking price.  

For sellers, make sure your home is ready for market.  Repair any deferred maintenance items, plant the spring bulbs and do the home and property clean up.  Then, price your property lower than you think for a shorter term success in sale. If you have more time then you can ask a bit more, generally, but that can be a risky game.

Buyers, make sure you are preapproved so your lender only needs to appraise the home you are offering on.  Make sure you are on the same page as any other stake holders (your spouse, partner, extended family etc) so you have a clear idea of what you want and what you can spend.

For market intelligence and a winning strategy to accomplish your goals give Russ and Jon a call.  With over 60 years of combined experience it’s hard to find a more knowledgable team!

Russ Qureshi

The long-term value of homeownership in an inflationary world

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Sunshine Coast Real Estate Snapshot for January 2026

As we begin another year of buying and selling homes on the Sunshine Coast we see the detached market is a little bit slow out of the gate and the townhome/condo market (and even the land only market) are showing some early success!  Let’s see how it breaks out:

Detached home sales were down 44% in dollar volume to $14,550,000 and down 41% in unit sales to 17 homes sold in January 2026.  Our inventory in this segment of the market is even with last year at 289 available homes. This means our sales success ratio (the amount of sales versus the available inventory) is just under 6% making it a buyer’s market in January.

The funny thing about January stats is the Year To Date stats are exactly the same. I’m a little surprised at these results because we are seeing quite a bit of “hop” in the market with day to day busy-ness, listing inquiries and showings booked.

Condo and Townhome sales are up 30% in dollar volume to $5,850,000 and unit sales are up 37.5% to 8 homes sold.  Our inventory in this segment of the market is down 16% to 57 available condos or town homes for sale.  This puts our sales success ratio at 14%….just past the mark for a seller market.

Land only sales are up 6% in dollar volume to $904,000 and up 33% in unit sales to 3 barelandproperties sold in January.  Our inventory in this segment of the market is up 12% to 122 lots available. Our sales success ratio continues to be in the low single digits here.

January is a little early in the year to be making any definitive predictions.  Jon and I have noted the macro market to be cashing in dollars for hard assets.  USD is quickly becoming a hot potato and being sold for “harder” assets like gold and silver (and even crypto despite the recent severe drop in values there).  Wealth is looking for somewhere it can maintain it’s hedge against inflation.  Guess what, real estate is a hard asset that does very well against debasement and is an excellent medium and long term hedge against inflation.  For more market intelligence reach out to Russ and Jon and we’ll “show you how to get here”.

west coast canada
Russ Qureshi

Real estate roundup for 2025 year end

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Sunshine Coast YEAR END Real Estate Statistics for the Sunshine Coast

The short story for 2025 is that detached homes are near dead even in sales volume with 2024, Condos and Townhomes were down 12% and the land only market suffered the most with a 37% reduction in sales volume.  Let’s see how the year breaks down:

Detached Home Sales for 2026 were up 1% in dollar volume to $512,100,000 and up 4% in unit sales to 484 homes sold.  With 29 of those unit sales last month, and a standing inventory at that time of 295 available detached homes, our sales success ratio is just under 10% making December a bit of a buyer’s market.  

The average price for a home sale in 2025 was down 2% over 2024 to $1,058,000 while the median price, (the home that sold in the middle of the pack) was $900,000.

Condo and Townhome Sales were down in dollar volume by almost 13% to $61,100,000 and unit sales were down by the same amount to 95 units sold.  Last month our available inventory for this segment of the market was 73 and the sales were 5 putting us in a buyer’s market.

The average price for a Condo or Townhome in 2025 was $646,000 while the median price was $585,000.

Bareland Sales was the segment of the market most affected by the low buyer sentiment last year.  We were down in dollar volume by 37% to $17,550,000 and unit sales are down by 38% to 34 bareland properties sold in 2025.  Last month our available inventory rose by 13% to 129 available properties.  

The average sale for bareland last year was $515,000 while the median sale price was $440,000.

If you are entering the market to sell your home this year be ready to take care of any deferred maintenance and make the home show beautifully!  Be (very) competitive on pricing and you can move forward with confidence.  The same applies to condos and townhomes but be even more competitive on price.  If you are selling bareland this year try and discover as much as you regarding the ability develop and make it as easy as possible for a buyer to say “yes”.  This is the best way to compete in that arena.

Of course, Jon and I have enjoyed another year of partnership, we both learned new things and were able to serve our clients interests with fulsome knowledge of the market and solid strategies for selling and buying!  If you plan on entering the Sunshine Coast Real Estate Market in 2026 and you need a conscientious professional to guide you through then give Russ and Jon a call.  We are happy to help!