Russ & April Qureshi

  • Russ' Cell: (604) 741-7119
  • April's Cell: (604) 989-2253
  • Office: (604) 886-2277
  • Toll Free: 1-888-466-2277
  • Fax: (604) 886-3753
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Tuesday, December 6, 2011

Sunshine Coast Market Update November 2011

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Detached homes sales summary:
  • dollar sales are 4% over November 2010,
    year to date (YTD) decrease of 13%
  • number units sold is even with November 2010,
    YTD decrease of 9%
  • average price per unit is up 4% over November 2010,
    YTD decrease of 4%
Attached homes (condos and town homes) sales summary:
  • dollar sales are down 41% over November 2010,
    YTD increase of 9.8%
  • number of units sold is down 64% over November 2010,
    YTD decrease of 10%
  • average price per unit is up 34% over November 2010,
    YTD increase of 18% (keep in mind the total sample for
    condo's and town homes is less than 100 units and
    the price changes are caused by one new project in particular)
Land Only sales summary:
  • dollar sales are down 0% over October 2010,
    year to date (YTD) decrease of 6%
  • number units sold is down 33% over October 2010,
    YTD decrease of 22%
  • average price per unit is down 24% over October 2010,
    YTD increase of 21%
The Housing Price Index shows the Sunshine Coast
down 6.7% over 2010,down 11.2% over 2008, down 2.7%over 2006
 
SELLERS, the housing price index paints a tough picture!
Price your property right "out of the gate" or you simply won't sell.
Make sure your property is ready to show and when
that offer does come in be prepared to work with it no matter what!
 

BUYERS, can you think of a better time, historically, to buy?

Don't be looking back in five years thinking to yourself

"Gosh, I should've bought back in 2011!".

Low interest + Low prices = GREAT INVESTMENTS IN YOUR FUTURE

 

Cheers, 

Russ

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Russ & April Qureshi
  • Russ' Cell: (604) 741-7119
  • April's Cell: (604) 989-2253
  • Office: (604) 886-2277
  • Toll Free: 1-888-466-2277
  • Fax: (604) 886-3753
  • Prudential Sussex Realty
  • #32 - 900 Gibsons Way
  • RR#7
  • Gibsons, British Columbia
  • V0N 1V7 Canada