Market Update | Dec. 3rd – Dec 9th

Activity took a dip this week with 7 sales for Dec. 03rd – 09th, dipping the sales to list ratio back down to 10%, again making it a buyers market.

There was also small bump of new listings; 13 in total but overall we are seeing the typical seasonal decline of homes offered for sale.

Coastal Market Recap

  • Sales this week: 7 (7 detached, 0 attached, 0 land)
  • Sales location: Pender Harbour: 1, Halfmoon Bay: 0, Sechelt 3, Roberts Creek 1, Gibsons 2
  • New Listings: 13 (Detached 10, Attached 2, Land 1)
  • Total Listings: 497 (Detached 315, Attached 67, Land 115)
  • Sales to Listing Ratio: 10% (top end of buyers market conditions)
  • Average Days on the Market: 84
  • Average Price: $933,000

If you’re considering entering the market as a buyer or seller, winter is a great time to prepare for a busy spring season. Let’s discuss your plans and get you feeling prepared.

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