Weekly Report - March 7-12, 2017

Our brokerage puts out weekly reports highlighting important topics and statistics in Sunshine Coast real estate trends.  Here's the latest from the RE/MAX Oceanview office in Sechelt.

 

 

"It takes a lot of skill, training and experience to competently price a home. Agents must know the market inside and out in order to put together a professional evaluation. After all, there is much on the line. Price it too high and your home won’t sell. Price it too low and we leave money on the table.  Of course, it helps to be the top selling office on the Coast since 1996. All those transactions over all those years means our Agents have superior experience and judgment on pricing. The first step is to tour your home. You know your home better than we do, so we’ll be asking a lot of questions. We’ll have our tape measure handy, a plot plan of your property and a note pad. Once our questions have been answered and the data has been jotted down we take everything back to the office and the real work begins. How do recent sales compare to the subject property? Same thing for current listings. What recent trends are developing and who are our likely buyers? Putting all this divergent data together into a coherent professional report takes a lot of skill. But a coherent professional report is exactly what you need to help set your price and handle the negotiations. For more on pricing and everything else about the market, call your RE/MAX Oceanview Agent today."


The Numbers:


SALES THIS WEEK:  18 [SUNSHINE  COAST, ALL OFFICES]


DETACHED

ATTACHED

LAND

OTHER

13

2

3

0

 

PRICE RANGE


0 - 300K

$300K - $500K

$500K - $1M

$1M+

4

4

9

1

 

AREA


PENDER H.

HALFMOON B

SECHELT

ROBERTS C

GIBSONS

1

3

4

1

9

 

NEW LISTINGS THIS WEEK: 36        DET. SALES, PAST 30 DAYS 


DETACHED

ATTACHED

LAND

2016

2017

21

4

11

133

50

 

CURRENT LISTINGS: 489   

 

DETACHED

ATTACHED

LAND

LOW – HIGH

220

49

220

453   -   1396


DET’D  SALES to LIST  RATIO23%

                                                                                                    

SALES/LIST

RATIO

       0 – 11%

BUYERS MARKET

          12  -  19%

          BALANCED

        20% and up

   SELLERS  MARKET


*The Sales/Listings Ratio is a guide to market conditions. A value below 12% puts downward

pressure on prices. 12 – 19% reflects a balanced market. Over 20% puts upward pressure on prices.


 

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