Oakwyn Realty Ltd.

Gibsons Real Estate Market Report

Executive Summary

DB
Dan Braun

The Gibsons, British Columbia real estate market is currently classified as a buyer's market. The median asking price is $1.0M, down 6.4% over the past 30 days.

There are currently 188 active listings, representing 17.1 months of inventory. 35 properties have sold in the past 90 days at a median sold price of $843K. Inventory has increased 2585.7% compared to last month.

Currently, listings spend an average of 6 days on market and the average price per square foot is $876.

Detached properties make up the largest share of the Gibsons market at 86% of active listings with an average price of $1.3M. Condo listings follow at 7% (avg $1.4M).

Sales Activity & Absorption

Volume

11
Sold (30d)
35
Sold (90d)
6
Avg DOM
181
New (30d)

Market Signals

59
Price Cuts (30d)
157
New (7d)
100%
Sell-Through
93.1%
List-to-Sale

11 properties sold in the past 30 days, 181 new listings appeared in the past month, 59 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
17.1months
Strong Buyer's Market
Sell-Through Rate100.0%
Inventory Change (30d)+2585.7%
Site Active Listings188

With 17.1 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
Elphinstone Crossing Estates6$899K
Avg 1 schools nearbyAvg 4 parks nearbyAvg 9 transit stops nearby

Interest Rates & Affordability

Current Rates

Bank of Canada Policy Rate2.25%
Prime Rate4.45%
Est. Variable Rate (Prime + 0.5%)4.95%

Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.

Estimated Monthly Payment

Based on median price of $1.0M, 20% down, 25yr amortization
$4,711/mo
at 4.95% variable rate

This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.

Market Outlook

This is currently a buyer's market with more negotiating power for purchasers. The Gibsons market currently has 188 active listings with a median price of $1.0M and 17.1 months of inventory.

  • High inventory (17.1 months) favors buyers
  • Prices declining (-6.4% in 30 days)
  • High price reduction rate (31% of listings)
  • High sell-through rate (100%)
  • Fast-moving market (6 avg days on market)
  • Average price per square foot is $876
  • Sold properties averaged -36 days on market

For Buyers

With more inventory and less competition, buyers in Gibsons have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 157 new listings in the past week.

For Sellers

With higher inventory, pricing strategy is critical. Price at or slightly below market value to attract attention. Ensure your listing stands out with quality photos and accurate details. 59 listings have reduced their price in the past 30 days. The current sell-through rate is 100%.

Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.

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Resources

Explore Gibsons

Homes for Sale in Gibsons188 active listingsCost of Living in GibsonsHousing, rent & expensesSold Data in GibsonsRecent sales & prices

Market data is calculated from active and recently sold MLS® listings as of May 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.

Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.