03-12-2013, 04:10 PM
I am still researching real estate sales and pricing; however, I have some good data that I can post now that will show what was happening on the Sunshine Coast between 2001 and 2008.
I visited the Statistics Canada website on the weekend and the information from each of the 2001 and 2006 census is excellent. I was able to obtain the 'Average Dwelling Value' for each SCRD area for the years 2001 and 2006. The census results do not indicate how that average value was derived and maybe if I drill down further I might discover how; but, I think it might come from real estate data. Those Stats Can results are in the chart below and show that average value came close to doubling throughout the Sunshine Coast and, in fact, more than doubled in Elphhinstone, Sechelt,Roberts Creek and Halfmoon Bay.
I set the chart up so that results run from south to north as you move up the coast. Here are those SCRD areas once again:
The real estate data also gave the number of sales for those years. I wasn't able to display that in the chart above but I could do so by creating two separate pivot charts; one for Sechelt and Gibsons and the other for Pender Harbour. Those charts are below.
As you can see the number of sales took a dramatic plunge in 2008 in those areas. At that time, the United States was in the middle of its recession, oil and gas prices were peaking, and the stock market was heading for its March, 2009 crash.
May 5, 2013 Update: I now have the historic RE sales for all of the Sunshine Coast from 2000-2012. That info can be find below in a new post.
I visited the Statistics Canada website on the weekend and the information from each of the 2001 and 2006 census is excellent. I was able to obtain the 'Average Dwelling Value' for each SCRD area for the years 2001 and 2006. The census results do not indicate how that average value was derived and maybe if I drill down further I might discover how; but, I think it might come from real estate data. Those Stats Can results are in the chart below and show that average value came close to doubling throughout the Sunshine Coast and, in fact, more than doubled in Elphhinstone, Sechelt,Roberts Creek and Halfmoon Bay.
I set the chart up so that results run from south to north as you move up the coast. Here are those SCRD areas once again:
- Area F: West Howe Sound
- Area E: Elphinstone
- Area D: Roberts Creek
- Area B: Halfmoon Bay
- Area A: Egmont and Pender Harbour
The real estate data also gave the number of sales for those years. I wasn't able to display that in the chart above but I could do so by creating two separate pivot charts; one for Sechelt and Gibsons and the other for Pender Harbour. Those charts are below.
As you can see the number of sales took a dramatic plunge in 2008 in those areas. At that time, the United States was in the middle of its recession, oil and gas prices were peaking, and the stock market was heading for its March, 2009 crash.
May 5, 2013 Update: I now have the historic RE sales for all of the Sunshine Coast from 2000-2012. That info can be find below in a new post.