The year-end real estate statistics for the Sunshine Coast are in. There were 823 sales of detached housing in 2021. That’s a 6% increase over 2020. While that represents a modest increase, it tells us that the strong demand we’ve seen since May 2020 should continue into the new year. The Benchmark Price – that is, the price of an average home in an average area – increased 3.1 % in December and 27% for the year, bringing it to $890,300. This is yet another all-time high for our area. With attached housing (condo’s and apartments), there were 260 sales in 2021, up 27% from 2020. The Benchmark price was $590,000, also up an average of 27% from 2020. Sales of vacant land rose 35% to 206. The Benchmark price isn’t available for vacant land, but we estimate prices rose at least 15%. The current listing supply is 66 detached, 37 attached and 56 land – the lowest since we’ve kept records. There’s never been a better time to sell. We need listings! Call Us FIRST!
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