RE/MAX Oceanview Realty | 604-885-4313

 
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RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Aug 6– Aug 12   

The latest real estate statistics for Vancouver are encouraging. Sales for July are much improved over last year. Actually, it's been the best July since 2009. The question is, will this mean more business for the Sunshine Coast? Over the years a busy Vancouver market has usually meant increased activity the Sunshine Coast. However, in recent years the retirement, recreation and investment market – mainly from the Lower Mainland - has been slower. Is this a short term aberration or are we becoming more of a locally driven market? Time will tell.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 15   [SUNSHINE  COAST, ALL OFFICES]

DETACHED

ATTACHED

LAND

OTHER

11

3

1

0

PRICE RANGE

0 - 300K

$300K - $500K

$500K - $1M

$1M+

3

7

5

0

AREA

PENDER H.

HALFMOON B

SECHELT

ROBERTS C

GIBSONS

2

0

5

2

6

 NEW LISTINGS THIS WEEK: 32                  PRICE REDUCTIONS

DETACHED

ATTACHED

LAND

 

        30

25

2

5

 

 

CURRENT LISTINGS:  1337

DETACHED

ATTACHED

LAND

LOW – HIGH

721

174

442

745   -   1390

 

DET’D  SALES to LIST  RATIO*:    =  6.1%  [ADADDD

                   0%           6.1%                  15%                  22%

SALES TO

LISTINGS

RATIO

  

    

         

        BUYERS

       MARKET

 

 BALANCED

                          

        SELLERS 

        MARKET

 

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.

 

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