Market Minute - Q1 2021

Strong Sunshine Coast Market

The Sunshine Coast real estate market finished 2020 unseasonably strong. Sales were up 218 per cent for the month of December year-over-year, and we still find ourselves in the midst of an inventory shortage. Even between Christmas and New Years', multiple offers were commonplace.

Assuming that the current provincial health restrictions continue into March or April, I expect the unseasonable high sales volume to continue into the next few months. If that happens, an already overheated spring could peak with another frenzied seller’s market starting in May or potentially earlier, pending the health guidance given to us by the provincial government at that time.

If you're planning to buy on the Sunshine Coast in 2021, hire an experienced local buyers' agent and have all your pre-approvals in place. For the foreseeable future, it is unlikely that sellers will be looking at offers subject to sale or with finance subjects longer than two weeks.

If you are thinking of selling this spring, consider listing earlier rather than later. The current low inventory and high demand translates into a very strong market for sellers. If you're not already working with an agent, call me today get your home on the market as soon as possible.


Call me to talk about buying or selling on BC's beautiful Sunshine Coast. I'm never too busy to answer your questions.

Tony Browton -
Personal Real Estate Corporation
Re/Max City Realty (Gibsons)
Mobile: 604-418-2695