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June Market Update


After a slow spring, June on the Coast came with an uptick in the market in almost every category. For the third month in a row, prices were up, with the MLS average price for the Sunshine Coast across all categories increasing to $799,200 from $787,600 in May. That said, prices are still down 4.3% from the same time last year, with detached houses down 4.4%, townhomes down 0.7%, and apartments down 17.2%. 

Although the sales to actives ratio has increased to 10% from 7%, the market on the Coast continues to be strongly in a buyers market. The combination of lower prices and a buyers market means there continues to be great deals to be had, and we are seeing more buyers take advantage of these lower prices with the number of sales increasing.  Overall sales totaled 59, an increase from 47 in May, and of this, there were 53 detached homes sold for only the second time since May 2022 (the peak of the market in terms of price). Within the detached home category, there was a sizable increase in the number of homes sold at $1.5M or more, a price point that had been very quiet since the beginning of the year.

Attached home sales continue to be slow, with a total of 17 apartments and 24 townhomes sold in the first half of June, with each category having only 2 sales in the month of June.  For those looking to move up to a detached home from an attached home, the market has been difficult, however there is a real opportunity for those looking to enter the market, with 80 available attached options. 

  • New Listings - 158 in June vs 158 in May

  • Sales - Up 59 vs 47

  • Days on Market - Down 29 vs. 30

  • Total Inventory - Up  587 vs. 571 

  • MLS HPI Price Overall - $799,200 in June vs $787,600 in May

  • Detached - $851,200 vs $841,500

  • Townhouse - $743,600 vs $744,200

  • Apartment - $424,200 vs from $391,600

Whether the increase in sales and prices is a change of direction in the market, or the result of built up demand from a slow spring, there are certainly buyers taking advantage of prices we haven’t seen in a number of years! If you are curious about the market, or are considering making a move, please reach out any time.

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May Market Update

The Sunshine Coast real estate market in May was similar to the real estate market in April. Sales, New Listings, and Days on the Market were virtually the same month over month while inventory increased. The MLS HPI Price, which is down 4% year over year, crept up for detached homes and overall, however this is likely representative of what sold versus suggesting there has been a change in the market. 

Sunshine Coast

  • New Listings* - Up 158 in May vs 155 in April 

  • Sales - Up 47 vs 46

  • Days on Market - Down 30 vs. 32

  • Total Inventory - Up  566 vs. 517 

  • MLS HPI Price Overall - $787,600 in May vs $768,000 in April

  • Detached - $841,500 vs $820,700

  • Townhouse - $744,200 vs $724,800

  • Apartment - $391,600 vs from $389,600

Many buyers on the Sunshine Coast are from Greater Vancouver,  often moving for retirement, to raise families and for a slower pace of life, all at a lower cost of living than in the city as well as for recreational properties. Because of this, the Coast real estate market is closely tied to the Greater Vancouver market, and when the market is down in Greater Vancouver, this is often reflected in lower sales on the Coast as well. 

In May, sales in Greater Vancouver totalled 2,150, a 3.5 per cent decrease from May 2025, and 26.6 per cent below the 10-year seasonal average.  On a month over month basis, detached home sales were down less than 1% (660 vs 654) while townhouse sales increased from 335 to 354, with apartment sales flat (down from 1,015 to 1,012). This differs from the year over year statistics, where house sales are up 1.1%, apartment sales are down 7.4% and townhouse sales are down 5.1%.

GVR Overall

  • New Listings - Down 6,129 in May vs 6,707 in April

  • Sales -  Up 2,139 vs. vs 2,106

  • Days on Market - Up 21  vs. 19

  • Total Inventory - Up 16,354 vs.15,955

  • MLS HPI Price All - $1,100,700 in May vs $1,098,000 in April

  • Detached - 1,847,900  vs 1,840,700

  • Townhouse - $1,048,200 vs $1,043,000

  • Apartment - $697,800 vs $703,000

What Does This Mean?

If you are in the market to buy, growing inventory, declining prices and a sales to active listings ratio on the Coast at 8.3%, which is firmly in a buyers market, there is opportunity that didn’t exist a few years ago.

For sellers, the key to a successful transaction is to price the property appropriately (and with the average price down 20% from the peak in May 2022, sale prices are generally less than most sellers expect), in addition to marketing and positioning. In a competitive market, this is not only key a sale, but to getting buyers to view your home 

Over the past few months, well-priced and well-located family homes and updated ranchers have been the most popular homes with a recent increase in homes selling over $1.5M, mainly waterfront and panoramic view homes. 

While the market statistics in May doesn’t show an increase in activity, agents are reporting more calls from prospective buyers and sellers. Whether these discussions will lead to an increase in transactions remains to be seen. If you are curious about the market, or are considering making a move, please reach out any time for a casual, no pressure, conversation.

* All data and statistics sourced from GVR Realtors.

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Music, Markets, Culture! June on the Coast

Whether you’re a Coast local, or planning your a coastal vacation, summer on the Sunshine Coast has no shortage of events that showcase our community and it’s musicians, artisans, and food. While by no means an exhaustive list, I’ll be highlighting local events throughout the year, many of which I will be attending.

Music

  • Pender Harbour Blues Festival June 5th to 7th. Back for its 21st year, the festival includes both free and ticketed events around Pender Harbour.

  • Gibsons Jazz Fest  June 5th to 14th. This year marks the 30th anniversary of the Gibsons Jazz Fest with events across Gibsons, Sechelt, and Roberts Creek. The festival features a lineup of local and guest musicians, including both indoor and outdoor concerts and kids' activities.

  • In addition to festivals, live performances can be seen all over the coast, including at Gibsons Public Market on Saturdays, Persephone Brewing on Friday, Saturday and Sundays and at Sunday Cider on Fridays throughout June (and beyond!). Enjoy good music, good food & drinks and a great coastal atmosphere. 

Markets 

Culture 

  • June is Pride Month and the Sunshine Coast Pride Society is hosting Pride Festival 2026 on Sunday, June 7th, starting with the Pride March at noon at David Bay Pier, followed by the Festival at Mission Point Park.  

  • Sunshine Coast Ocean Festival  June 8th - 14th With over 180km of coastline, the Sunshine Coast is uniquely connected to the ocean. The Sunshine Coast Ocean Festival offers a series of educational, family-friendly events, and festivities focused on coastal conservation and marine life, culminating on World Ocean Day on June 14th.


Planning the rest of your summer? Here are some of the local highlights in July and August.

GPC Keats Chop - Saturday, July 11, 2026 - Paddling races with multiple distances including 5km, 10km, and Around Keats.

Sechelt Summer Music Festival - Saturdays in July & August

Sunshine Coast Festival of the Written Arts - August 13-16, 2026

BACKWOODZ JAM 2026 + Live Music - August 14th & 15th, 2026 Top freeride and slopestyle mountain bike athletes from around the world showing their skills on the jumps with live music all weekend.

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New property listed in Gibsons, BC

I have listed a new property at 731 North Road in Gibsons. See details here.

Prime redevelopment opportunity in Upper Gibsons! This 0.38 property is zoned CM-2 (Mixed-Use Commercial Upper Gibsons ZOne) which allows for a multitude of uses including retail, restaurant, microbrewery and mixed use/multifamily development. In addition to ground floor commercial space, the property as-is supports up to 23 residential units and further may be possible. With excellent exposure to both local and highway through-traffic, this centrally located, transit-oriented property offers significant potential. As well, the existing building, while older, is leasable and is currently operated as a retail store. With approx. 3,600sf of ground floor retail space plus a second floor offering storage space and a possible residential suite, there is the potential for strong holding income while solidifying your development plan!

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