May 2014

Found 2 blog entries for May 2014.

Land for sale on the Sunshine Coast

Active land listings: there are over 400 lots for sale as of May 29th 2014

Sold in the last 60 days: 5. (2 in Pender Harbour 2 in Gibsons and 1 in Sechelt)

Sold in the last 12 months: 51

Rate of conversion: 8 years. If this trend (51 lot sales per year) will continue it will take close to 8 years to sell the current inventory of lots for sale.

While the cost of construction continues rising, the still reasonable pricing of detached homes combined with low interest rates makes buying a lot with a home already built to be an attractive proposition on the Sunshine Coast.

Many savvy investors are investing their money in exsiting homes rather than building.

Pricing your lot right will make sure that

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Market update May 28 2014  Residetial Attached

Location:            Active listings     Sold in the last 30 days  Sold in the last 60 days

Gibsons:                180                               8                                   26

Roberts Creek:       61                                4                                   7

Sechelt:                 283                               16                                 43

Halfmoon bay         85                                4                                   8

Pender harbour      134                               2                                   4

Total:                     743                              34                                 88

Sales by price bracket

Price

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