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Archie MacLean
RE/MAX Oceanview Realty
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Posted in Sechelt District, Sunshine Coast Real Estate
I have sold a property at 304 5768 MARINE WAY in Sechelt

I have sold a property at 304 5768 MARINE WAY in Sechelt. See details here

Elevator will take you to the Top floor to one of the largest Penthouse units in Sechelt. South facing, lots of sun and nice views from most areas of the unit. 265 square foot Deck is great for the outdoor use here on the Sunshine Coast. Three bedrooms and two baths and very nice floor plan. Home is ready for new owners to move in.

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The real estate statistics for March are in. There were 24 sales of detached housing – the same as last month, but a long way from 71 sales in March of 2022. With condos, there were 8 sales, similar to February, but well off the 14 sales last year. There were 6 apartment units sold, which is much better than 2 last month, and land sales improved slightly, with 3 sales reported. The average price of detached housing continues to drop, down 1% to $860,300. Conversely, condo’s rose 2.8% to $730,000 and apartments were up 7%, to $576,700. As before, the lack of inventory is a problem. In a normal market there might be 300-500 detached listings. The current count is 225. So it’s not just interest rates and inflation; the lack of supply is also slowing sales. Will sales increase when new listings come on the market this spring? Or will prices decrease? For the answer, stay in touch. Call Me FIRST!
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Categories:   East Burnaby, Burnaby East Real Estate | Gibsons & Area, Sunshine Coast Real Estate | Gibsons & Area, Sunshine Coast Real Estate | Halfmn Bay Secret Cv Redroofs, Sunshine Coast Real Estate | Pender Harbour Egmont, Sunshine Coast Real Estate | Roberts Creek, Sunshine Coast Real Estate | Sechelt District, Sunshine Coast Real Estate
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