Gibsons & Sechelt Statistics

 

Sunshine Coast Real Estate is very active at the moment.

 

Days on the market have come down and many houses are selling within a week of hitting the market.  So if you are interested in purchasing be prepared to move quickly.  Sales to Active listings is up so this market is starting to lean towards a Sellers market.  Inventory is down and homes are selling for roughly 95.% of the list price.  Sales are significantly up from last year.  If you are thinking of Buying given the current state of the Market in December of 2015 you should be prepared for Seller's to be less open to lower offers and possibly competing against other Buyer's that have been waiting and who have missed out on other properties.  If this trend continues given simple Economics of supply and demand prices should be continue to climb and more buyers may be looking to get into the market as interest rates appear to be going up.

 

If you would like more information on the Market please do not hesitate in contact the Coast Team for a detailed anaylsis.

 

 

Statistics for Areas for past 12 months as of December 2, 2015	Sechelt	Gibsons	Roberts Creek
Days on Market	-12.6 to 76 Days	-29% to 66 Days	-29.5% to 74 Days
Sales to Active Properties	+85.7% to .130	+71.8% to .134	+88.1% to .158
Inventory	-24.9%	-22.3%	-30.8%
Average Sales price to List Price	95.6%	95.5%	96.3%
# of Sales	+35.6%	+33%	+42.2%