2015 Sunshine Coast “$mill+” Property Sales

[Skook]

September – October 2015 SC “$1mill+” Property Sales

Sales took a bit of a breather in August but doubled up in September. The 4 sales were shared amongst all but 1 of the SC’s five market areas. The most expensive sale closed at its last nice HAM list price of $1,588,000...oh, those lucky 8s...on a 28-year-old...oh, another 8!...waterfront property in “the bluffs” area of Gibsons. Judging by the pics and Vancouver standards, this was practically giving it away.

Speaking of giveaways, how about the 37-year-old waterfront home sitting on 10 acres on Buck Otter Rd in Halfmoon Bay that closed at $1.1mill; or, the 55-year-old waterfront rec property nestled amongst 22 Sakinaw Lake acres up there in cheapo Pender Harbour that went for a tad above $1mill. Bringing up the rear, was a Roberts Creek home sitting on a mere 2.5 acres that closed at the same price as those Sakinaw Lake acres...$1,050,000.

I wonder if any of these properties were bought with an American Express card? As an aside, I have always admired Modigliani. Truly.

October had measly one sale – not even worth taking about. A 5,000sf, 3-year-old, 4bd/3 ½ waterfront property on 1 acre in Francis Penn up in Pender Harbour that went on the market in November 2014 at $2,498,000 – in your dreams! We're talking cheapo Pender Harbour here, remember! By mid-August 2015 it had dropped to $1,960,000. It sold for $1.8 – I wonder if it was the Kijiji or Craigslist ad or the "8" that finally did the trick? In all likelihood, It was probably the foreshore lease that nailed it. You can check it out this baby on the June 2 Facebook post (you know they’re anxious when they load that many pics).

As of today, Nov 27th, there are still 84 $mill+ properties listed.