Here is the latest real estate market statistics from Macdonald Realty on Sunshine Coast listings and sales in November 2016.
There were 42 sales, 256 active listings, and a $488,600 benchmark sale price for detached homes in the Sunshine Coast market. The average days on market were 53.
The condo market featured 14 sales, 31 active listings and 76 average days on market.
In comparison, townhome sales were 4, active listings were 18 and the average days on market were 8.
It’s a buyer’s market for houses.
Looking for more information about the real estate market in specific neighbourhoods in Sunshine Coast?
MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.
This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgv.org