Real Estate on Salt Spring Island, BC
The inventory of homes for sale on Salt Spring continues to be relatively low throughout the early summer months of 2019, although new listings have increased the number of single family dwellings for sale to just under 100 (as of June 1). The low supply/high demand situation, in evidence through a very active March, April and May has persisted for two+ years.
In 2018, total sales for the year were down from 2017, but as a consequence, average prices were up year over the year. Strong demand coupled with low supply has meant the average single family dwelling price increased about 10% in 2018 over 2017 (after a 10% surge the year before that). The average non waterfront single family dwelling sold for $725,000 in 2018 up from the 2017 average of $662,000.
We sold 221 properties in 2018, for a total of $150 million; that's down 7% in terms of total dollars and 21% in number of transactions. Transaction numbers are down of course because you can't sell what you don't have! It's not a lack of interest from buyers either, because we are also contending with very strong demand.
Salt Spring continues to attract an amazing array of people from all walks of life; it's full of the most lively, literate, artistic and articulate brainy people you'll ever want to meet. Its rainforests, arbutus trees, split rail fences, vineyards, grazing sheep, homemade jams and breads, organic veggies and cheeses, not to mention the spectacular ocean vistas —well, just about the whole thing—can take your breath away. And it's easy to find kindred spirits and your own place in the community if you are new to the island. Join the Forum (for interesting and prominent guest speakers), take in a performance at ArtSpring, join the golf or tennis club, the potters or artists guilds, the weavers and spinners, the hiking club. Learn to play pickleball, take up a new craft, visit our multiple galleries and openings. It's all here.
Gold MLS Sales Award 2018
Multiple MLS Award Winner 2011 - 2018 Victoria Real Estate Board
Real estate - buying or selling a home - is a personal thing. And your relationship with your REALTOR® becomes a very important one, very quickly. You'll want to choose someone you feel comfortable with, who listens and understands your perspective and point of view, who is responsive to you – who is honest, and cares.
(Use the map to fine tune your search. I'll be happy to help.)
"Peerless service: What I feel goes way beyond satisfaction -- you were terrific, and went far beyond the call of duty ... Your help made all the difference."
"Her assistance in the sale of our mother's house, a complicated and emotional business, went far beyond what is normally expected of a realtor. From the initial assessment to the final closing she was helpful, sensitive, efficient, and stalwart ... From listing to closing was less than three months, and we got the price we hoped for. It really was a pleasure to work with her .... peerless service."
"Energetic, warm, encouraging, and responsible every step of the way."
"From our first meeting to the conclusion of the house sale, within a very short time, she was professional, enormously helpful and supportive, with great attention to detail (including "perfect staging") and constantly available for consultation. She was energetic, warm, encouraging and responsible every steps of the way. We highly recommend Susan to anyone interested in buying or selling a property. You will be delighted."
"You are an amazing and talented realtor, as well as a beautiful soul, and I thank you for supporting me through this process."
"Thank you for all the work you do for all those people in the community who have happier lives in the new homes you worked so hard to make happen."
"You really do go way above and beyond."
"You are awesome."