February 2020 Market Statistics
February was an interesting month, everyone hanging on by their fingernails waiting to see what happens next with the COVID19 virus, now described by some as a pandemic, and the U.S. political wranglings. On the Coast the total number of active listings of detached homes was down by 5.1% over the same month last year, sales down almost 14%. Good news for buyers, the benchmark price dropped 7.8%. In the most active price point, $400,000 to $900,000, there were 21 sales out of 151 listings, with an average of 66 days on the market. Of these, 12 were in the Gibsons neighbourhood. See the complete report here: https://docs.google.com/viewerng/viewer?url=http://members.rebgv.org/realtorlink/rebgv/statscentrereports/Sunshine-Coast.pdf