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SC Listings & Sales 2011-2013
04-08-2013, 01:33 PM, (This post was last modified: 04-08-2013, 01:44 PM by Skook.)
#1
SC Listings & Sales 2011-2013
I've been galloping off in all directions with my posts; however, I haven't forgotten the purpose of this forum. I will start to post recent listings and sales data for the Sunshine Coast in this new thread.

To begin with, here are summaries for 2011 and 2012. I was able to obtain this information from the Prudential Sterling Realty website 'RelocationBC.com' and the site also provides this data for each area of the lower mainland as well and Squamish. The download page can be found here.

There is no average sales price charts available for Attached and Apartment because sales less than 20 units per month are not reported. This will also explain why there is a gap at Jan 2011 in the Detached Average Price chart.

2011 History:

[Image: attachment.php?aid=88]

2011 & 2012 Coast sales breakdown by price:

[Image: attachment.php?aid=89]

2012 History:

[Image: attachment.php?aid=90]

The information in the tables below was obtained from SC Realtor Gary Little's website.

[Image: attachment.php?aid=91]

I will post the 2013 data in the days ahead.


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04-09-2013, 07:38 AM, (This post was last modified: 04-09-2013, 07:41 AM by Skook.)
#2
RE: SC Listings & Sales 2011-2013
Jan - Feb, 2013 Listings & Sales

I am going to combine both months in this post and then will follow with separate monthly posts as the information becomes available.

There is no average sales price charts available for Attached and Apartment because sales less than 20 units per month are not reported. This also explains why there is a gap in data for Dec 2012 in the Detached Average/Median Price chart.

January, 2013:

[Image: attachment.php?aid=92]

January & February Coast sales breakdown by type and price:

I noticed when preparing the image that REBGV is doing a running total rather than separate sales data for each month. I wonder why? I will leave this as it is for now; however, I will set up an Excel spreadsheet and do the calculations myself for each month beginning with March.

[Image: attachment.php?aid=93]

February, 2013:

[Image: attachment.php?aid=94]


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04-12-2013, 04:13 PM, (This post was last modified: 04-12-2013, 06:41 PM by Skook.)
#3
RE: SC Listings & Sales 2011-2013
March, 2013 Listings & Sales

Here is the listings and sales data for March for the Sunshine Coast.

There is no average sales price charts available for Attached and Apartment because sales less than 20 units per month are not reported. This also explains why there is a gap in data for Dec 2012 in the Detached Average/Median Price chart.

[Image: attachment.php?aid=96]

March Coast Sales breakdown by type and price:

I have separated March's data from the REBGV running total and that info in on the left with the year-to-date totals on the right.

[Image: attachment.php?aid=97]

I have created a table showing 'sales by area' for March and for January-March, 2013 - it is on the left below and on the right is the 2012 data for comparison. As well, I have created a chart showing the 'average price' for both detached and attached monthly sales from October, 2010 to March, 2013.
[Image: attachment.php?aid=98]


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05-01-2013, 04:22 PM, (This post was last modified: 05-09-2013, 08:19 AM by Skook.)
#4
RE: SC Listings & Sales 2011-2013
April, 2013 Sales Data

Here are April's sales for the Sunshine Coast courtesy Gary Little's website. Oh, I love that site!!

There are two tables:
  1. SC Monthly Sales - April (compares numbers with April 2012 and 2011)
  2. Residential Sales by Area - April (2013 & 2012 - with YTD totals)
There are two graphs:
  1. Average Sales Price (April: Detached - $426,251, Attached - $235,115)
  2. Median Days on Market (April: Detached - 59, Attached - 350)
[Image: attachment.php?aid=135]

I will update this post with the REBGV Charts when they become available which will likely be in about two weeks - hopefully sooner.

May 9, 2013 Update:

Here is the REBGV April 2013 Listings & Sales Date for the Sunshine Coast.

Note: There is no average sales price charts available for Attached and Apartment because sales less than 20 units per month are not reported. This also explains why there is a gap in data for Dec 2012 in the Detached Average/Median Price chart.

[Image: attachment.php?aid=142]

The sales breakdown 'by type' below paints a bleak picture for higher end properties in April with no sales above the $800,000-$899,999 price point. Looks like those 'estate-like' properties haven't much appeal these days.

[Image: attachment.php?aid=143]

I want to point out that the discrepancy between Gary Little's April Total Sales (52) and the REBGV (49) is likely due to Gary reporting land sales. As well, they report Attached & Apartment sales differently. Factoring in the land sales difference, this would make the Board total 53 - that makes an overall difference of one and I can't explain why.


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05-04-2013, 02:33 PM,
#5
RE: SC Listings & Sales 2011-2013
Hi Skook,
I just found this site today and I find it very informative. We sold our house last month and are looking for a new one.
I know prices are on the downhill slide and I expect they have quite a ways to go. I read somewhere to take your price at a point in history and add 2% each year to get an approximate valuation. Looking at the charts you have posted from when this last run started in say 2001 prices are still 2x plus. We sold for 2x the assesssment of July 2002. I have lived here all my life and I remember the run up in the late 1970's then the drop in the 1980's. Knew a number of people who lost their homes due to valuation drop and interest rates going up huge. On a chart that run up looks small in comparison to this last one. I am looking for a place with future 2 rental units - live for a few years and watch for that 'perfect' property at a reasonable valuation to move to and rent out this next purchase. A condo below $150m has come on the market and I expect this will start moving prices down faster. The supply in the $400/$500 is a lot compared to the lower end for a detached home. With 60+ places between $1 - 2 million that is a lot compared to what sells in that range. The upper end will be pushing prices down and if interest rates start to move up I expect prices to drop faster. Also heard just a few days ago that a lot of foreclosures are coming to the market soon and that these will probably drop by $10m every week or two so this will also help to move prices down. There are a few rent to owns here now. Haven't seen that in a long time.
Anyway I registered here to give you links to the weekly info (usually posted on Thursday for the preceding Thurs-Wed) of what has sold, newly listed, and price changes in each of the five areas: Gibsons, Roberts Creek, Sechelt, Halfmoon Bay, Pender Harbour at one of the local realtors: http://www.joniandgail.com/
older data is at http://www.joniandgail.com/market-info/
Another realtor only includes Gibsons, Roberts Creek and Sechelt on her site: http://www.sandybellamy.ca/newsletter

Thanks for all your info,
Susan
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05-05-2013, 11:32 AM,
#6
RE: SC Listings & Sales 2011-2013
Hi Susan,

Welcome to Vancouver Peak. Thank you for taking the time to post and letting us know what you think about our data and most importantly telling us about your experience as a resident of the Sunshine Coast. We hope you will keep us updated on your real estate hunt.

The links you gave were invaluable. As a result, I have been able to find the historic real estates figures for all the Sunshine Coast for the years 2000-2012 - which I will be putting to good use in future posts. I created a table and chart from that data and have posted it in my updated 'Home Values and Sales Data 2000-2012' thread. I am sure others will find your links very helpful, too. Thanks for sharing!

Also, Susan, please don't hesitate to post if you find any errors in my data now and in the future or if you have anything to add. I welcome your input.

Cheers,
Skook
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06-01-2013, 08:29 AM, (This post was last modified: 06-01-2013, 10:09 AM by Skook.)
#7
RE: SC Listings & Sales 2011-2013
SC Sales May, 2013:

Here are the May Sales for the Sunshine Coast. Sales were up marginally compared to 2012 and 2011; however, on a year-to-date basis, all areas saw a decrease compared to 2012 except for the Roberts Creek and Pender Harbour areas.

[Image: attachment.php?aid=182]

Crunching the numbers, here is the result comparing sales year-to-date for 2013 and 2012.

[Image: attachment.php?aid=185]

The following table and chart shows the total monthly sales on a month-to-month basis for the Sunshine Coast for the years 2011, 2012 and 2013.

[Image: attachment.php?aid=183]

Finally, here are the average sales price for detached and attached on a month-to-month basis for the years 2012 and 2013.

[Image: attachment.php?aid=184]

I will add the REBGV May data to this post when it becomes available.


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06-13-2013, 11:27 AM, (This post was last modified: 06-13-2013, 11:32 AM by Skook.)
#8
RE: SC Listings & Sales 2011-2013
June 13, 2013 Update:

At last, here is the REBGV May 2013 Listings & Sales Data for the Sunshine Coast to complete the information posted above for May.

Note: There is no average sales price charts available for Attached and Apartment because sales less than 20 units per month are not reported. This also explains why there is a gap in data for Dec 2012 in the Detached Average/Median Price chart.

[Image: attachment.php?aid=213]

The sales breakdown 'by type' and 'price' below show that sales for single detached homes listed at $1,000,000-plus continue to slump with only 1 sale in May (April - 0 sales, March - 3 sales). Changes to CMHC rules are definitely having an impact on the Sunshine Coast.

[Image: attachment.php?aid=214]


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07-01-2013, 11:42 AM, (This post was last modified: 07-05-2013, 07:49 AM by Skook.)
#9
RE: SC Listings & Sales 2011-2013
June, 2013 Sales Stats:

Here are the Sunshine Coast Sales stats for June, 2013.

The slight June sales increases in Roberts Creek and Pender Harbour compared to 2012 are the only postive light in what was otherwise a dismal month for Gibsons, Sechelt and Halfmoon Bay compared to last year.

[Image: attachment.php?aid=258]

Here is the 'Sales-by-Month' totals comparing 2013, 2012, and 2011.

[Image: attachment.php?aid=250]

Finally, here is the 'Average Sales Price' for detached and attached comparing 2013 and 2012. The June, 2013 figure for attached (condo/townhouse) was influenced by a two sales at the Watermark in Sechelt ($345,900 & $684,900) otherwise the number would have remained close to May's level.

[Image: attachment.php?aid=251]

The detached figure shows that buyers continue to look for value and sales in the million dollar+ range continue to suffer as a result (see by recent post 'Sunshine Coast's Million Dollar Babies' for more detail).

I will add the REBGV June data to this post when it becomes available.

July 5, 2013:

I am adding a new table that compares the month-to-month sales for 2013.

[Image: attachment.php?aid=259]


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07-20-2013, 12:58 PM, (This post was last modified: 07-29-2013, 08:47 AM by Skook.)
#10
RE: SC Listings & Sales 2011-2013
June, 2013 Sales Update:

My source site for detailed REBGV sales chart data seems to be on an extended hiatus. The site uploads the monthly sales chart data for all the boards in the Fraser Valley as well as the Sunshine Coast. I am going to assume the staff member who looks after this is on holidays and will keep checking. It is possible June’s info will be uploaded with July’s - here’s hoping.

So I have pulled the three charts the stingy REBGV makes available on its website and here they are…

[Image: attachment.php?aid=305]

Just for something different this month, I decided to upload the Sunshine Coast’s Home Price Index information for June. Garth Turner at http://www.greaterfool.ca refers to the HPI as the real estate boards’ “Frankennumber”. As we can see in the charts below the SC’s HPI has risen in the short term but continues to drop year over year.

This June, the HPI for Detached Homes rose to 121.6 compared to May’s 116.5; however, compared to one year ago the HPI has dropped by 8 points (from 129.6 to 121.6). Looks like “typical” detached homes on the SC are getting cheaper!

[Image: attachment.php?aid=306]

July 29, 2013 Update:

I finally managed to get hold of the complete REBGV June, 2013 sales data for the Sunshine Coast. The charts below give the Dollar Volume of Detached, Attached and Condo (Apt) sales and the Average/Median Price for Detached Sales. The large table breaks down the June sales by type and price range and gives the YTD totals.

[Image: attachment.php?aid=321]


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