January set the tone for a softer start to the year across the region. Greater Vancouver recorded 1,107 sales, down 28.7% from January 2025, with benchmark pricing down 5.7% year-over-year. On the Sunshine Coast, January saw 25 total sales compared to 33 the previous year, a 24% decline. Inventory sat at 346 compared to 366 last year, and the benchmark price came in at $851,800, down 7.9% year-over-year. Both markets opened 2026 with slower activity and continued price adjustment.
February data reinforces that we remain in a corrective phase.
In Greater Vancouver, February 2026 recorded 1,642 total sales compared to 1,807 in February 2025 — a 9.1% year-over-year decline. Inventory sits at 12,873 listings versus 12,915 last year, essentially flat (-0.3%). With sales down and supply steady, the broader regional market continues to lean toward buyers.
On the Sunshine Coast, February 2026 recorded 31 total sales (pending and firm) compared to 47 in February 2025 — a 34% year-over-year decline. Active inventory rose to 391 listings compared to 372 last year, a 5.1% increase. The overall sales-to-active ratio is approximately 7.9%, firmly in buyer’s market territory.
Detached Homes
• 25 sales in February 2026 vs 39 in February 2025 (-35.9%)
• 324 active listings vs 308 last year (+5.2%)
• Sales-to-active ratio: ~7.7%
Detached remains the largest segment of our market and continues to experience the most noticeable downward pressure, with inventory rising while absorption has slowed.
Apartments
• 2 sales vs 3 last year (-33%)
• 29 active listings vs 38 last year (-23.7%)
• Sales-to-active ratio: ~6.9%
Inventory has tightened year-over-year, but demand has not strengthened enough to shift this segment out of buyer-favoured conditions.
Townhomes
• 4 sales vs 4 last year (no change)
• 36 active listings vs 24 last year (+50%)
• Sales-to-active ratio: ~11.1%
Townhomes are closer to balanced conditions than detached or apartments, but the increase in inventory means competition is building.
Across all segments, the theme is consistent: sales volumes are lower year-over-year while supply is stable to higher. Detached inventory growth combined with slower absorption suggests continued gradual price adjustment unless spring demand strengthens materially.
While the broader data shows a Coast-wide trend, each community — whether Gibsons, Sechelt, Roberts Creek, Halfmoon Bay, or Pender Harbour — has its own dynamics, price bands, and buyer behaviour. If you’d like to look at your specific neighbourhood in detail, we’re always happy to dive deeper.
DATA DISCLAIMER
Sales figures are based on MLS-reported data for Sunshine Coast residential transactions in 2024 and 2025. Property classifications reflect how listings were categorized in MLS at the time of sale. In limited cases, classification differences (e.g., detached vs. attached strata, land with residence, or mixed-use properties) may result in minor variances when aggregating data by product type or sub-area.