June Market Recap

The real estate data on the Sunshine Coast shows a market slowly emerging from its spring slump—though it remains firmly tilted toward buyers. Sales rose modestly compared to April, and inventory continued its upward climb. Prices softened slightly across all property types, despite growing interest and seasonal momentum. Detached homes led activity, while condos and townhomes saw only minor shifts. With higher inventory, price sensitivity, and longer decision timelines, we’re still very much in a cautious, value-driven cycle.

As of mid-June, the numbers suggest we’re trending slightly behind last year’s pace. There have been 130 new listings so far this month compared to 170 in all of June 2024, and 33 sales recorded, versus 46 sales last June. Total inventory now sits at 634, up from 573 this time last year. The current sales-to-active listings ratio is just 5%, compared to 8% for all of May. At the current pace of 1.6 sales per day, we’re likely to end June with around 50 sales, which would bring the sales-to-active ratio to approximately 7%. This reinforces what we saw in May: listings are outpacing demand, and sellers must position carefully to stand out.

📉 Sunshine Coast Market Overview – May 2025

Total Sales reached 62, up 3.3% from May 2024 and higher than the 53 sales recorded in April.

Benchmark price for all property types rose from April’s dip to $826,600, still down 3.4% year-over-year. Inventory surged to 614 active listings, marking a 17.9% increase over last May and continuing the supply buildup seen since March. New listings climbed to 186, up over 20% from the year before, providing buyers with greater choice—and sellers with more competition.

Detached Homes

Condominiums

Townhomes

📌 Takeaway:

Detached homes remain the most active segment, but even here, rising supply and price declines show buyers still have the upper hand. Just 10% of all active listings sold in May—meaning 9 out of 10 homes didn’t move. Condos and townhomes showed even lower turnover. Sellers need to approach the market strategically, with sharp pricing and standout presentation, to be one of the few properties that actually gets sold in this high-inventory environment.

🆚 How Does This Compare to Greater Vancouver?

Greater Vancouver saw a similar pattern in May—soft sales, growing inventory, and continued price moderation. With active listings at their highest levels since 2019 and the sales-to-active listings ratio firmly in buyer’s market territory, the entire region is experiencing a cooling trend. This slowdown has a direct impact on the Sunshine Coast, where many buyers are equity-based and reliant on selling in the Lower Mainland first. When Vancouver slows, the ripple effect is felt here within weeks.

The Bank of Canada’s interest rate announcement in early June did not bring the expected cut. While inflation has moderated, the Bank opted to hold steady, likely out of caution—waiting for stronger evidence that inflation is sustainably moving toward the 2% target. For real estate, this hold may extend the current standoff between hesitant buyers and value-conscious sellers. Until rates come down meaningfully, we expect this pattern of slow sales, high inventory, and price sensitivity to continue.

🧭 What This Means for You

Whether you’re buying or selling, today’s market demands strategic thinking.

📣 But don’t assume every segment is the same.

Each area—Sechelt, Gibsons, Roberts Creek, Halfmoon Bay, Pender Harbour—has its own microclimate. So do different property types: luxury homes, waterfront estates, and entry-level options are each behaving differently. Some are still seeing strong interest—and even multiple offers—despite broader buyer-friendly trends.

📞 For accurate, up-to-date insight and advice tailored to your goals, talk to us first. We’ll help you make sense of what’s happening where it matters most: right in your market.