Market Update November 2015

(December 04, 2015 )

Sunshine Coast Detached Listings
Sales up by 16 % over the previous year


There are currently 363 detached listings on the Sunshine Coast. This is way down from last month in which there were 398 detached listings’ Detached sales year-to-date ending November 30, 2015: 703 sales, in 2014: 562 sales; in 2013: 442 sales, and in 2012: 464 sales. The current market's hot price range is between $301,000 and $400,000 with 213 sales occurring in this price range. With the current sales pace, this represents a 6 month supply of listings.

Sunshine Coast Attached Listings
Sales up by 44 % over the previous year

There are currently 121 current attached listings. This is down from October when there were 134 attached listings. Attached sales this year-to-date ending November 30, 2015: 154 sales; in 2014: 107sales; in 2013: 89 sales and in 2012: 87 sales. With the current sales pace this represents a 9 month supply of listings. Attached listing represents strata unit apartments, condos and townhouses. Attached property sales are up over the previous years.

Sunshine Coast Land Listings
Sales up by 113 % over the previous year

There are currently 379 bare land listings. This is down from October when there were 382 land listings. Land sales year-to-date ending November 30, 2015:  145 sales; in 2014: 67 sales; in 2013: 55 sales, and in 2012: 66 sales. With the current sales pace this represents a 29 month supply.

Year-to-Date Sales

  • $000 to $300,000 with 132 sales
  • $301,000 to $400,000 with 213 sales
  • $401,000 to $500,000 with 139 sales
  • $501,000 to $600,000 with 91 sales
  • $601,000 to $700,000 with 38 sales
  • $701,000 to $ 800,000 with 46 sales
  • $801,000 to $900,000 with 24 sales
  • $901,000 to $1,000,000 with 18 sales
  • 34 sales over a $1,001,000

It is Christmas time and a person may wonder what to do about decorating?  Great decorations really set the tone for the holidays, a time when you can showcase your house to Sunshine Coast Buyers in a different way to highlight areas that normally may not stand out. By creating a festive atmosphere, a home seller allows perspective buyers to envision what their holidays will be like in the home complete with a beautiful tree, stockings hung from the fireplace mantels and the smell of Christmas cookies in the air.

Here some points to consider -
  • Keep decorations to a minimum so you don’t block views or make rooms feel smaller and disrupt the natural flow of the home. Consider a smaller tree and store gifts in another room.
  • Incorporate fresh evergreen or rosemary into your decorating for a classic look and to promote “the Christmas tree smell.”
  • Make sure light strings and extension cords are tucked away for everyone’s safety.
  • Leave a plate of holiday cookies and warm cider or cocoa for prospective buyers.
The Sunshine Coast is still the best neighborhood in the Lower Mainland and the best value at any time of year.