Activity picked up this week, with sales from Dec. 10th–16th pushing the sales-to-list ratio back down to 10%, reaffirming it as a buyer’s market. There was also a slight increase in new listings, totaling 23, but overall, the market reflects the usual seasonal decline in available homes.
Coastal Market Recap
- Sales this week: 11 (7 detached, 3 attached, 1 land)
- Sales location: Pender Harbour: 0, Halfmoon Bay: 0, Sechelt 9, Roberts Creek 1, Gibsons 1
- New Listings: 23 (Detached 18, Attached 2, Land 3)
- Total Listings: 480 (Detached 306, Attached 63, Land 111)
- 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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