Happy New year!!

Seriously? Can you believe it's now 2024..........Wow!

As I've mentioned previously, I'm not much of a blogger. I would say that's rather apparent since my last blog was years ago!

However, I thought I would try it this year. Something different with, hopefully, some interesting content.

The market here on the Sunshine Coast (that's BC btw, not Austraila) has been quite sluggish since about July of 2023.

Most believe it's due to the increase in interest rates, which I won't argue. It probably is the main cause of the slow down.

Even with this though, some areas are still super busy. The Vancouver market has not slowed down much at all.

Believe it or not, it remains mainly a Seller's market here on the coast. During a "normal, stable market" we generally carry approx 500-600 listings. Give or take :-)

This is just detached homes, no condos, townhomes, or bare land.

As of today we have exactly 237 listings. Let that sink in for a moment............

Benchmark price for December 2023:

Single Family Detached home - $826,400

Townhome - $753,200

Condos - $616,400

I would love to hear your thoughts on this and what you think the market will do once we hit spring.

If your curious what your home is worth, or perhaps you are considering buying a home? Either way, I'd be happy to answer any questions you may have, and/or provide you with a free home evaluation of the present market value.

Warmest regards,

Louise