Oakwyn Realty Ltd.

Sechelt Real Estate Market Report

Executive Summary

Eyal PevznerEyal PevznerLocal expert · Sechelt

The Sechelt, British Columbia real estate market is currently classified as a buyer's market. The median asking price is $799K.

There are currently 243 active listings, representing 9.3 months of inventory. 55 properties have sold in the past 90 days at a median sold price of $800K. Inventory has increased 19.1% compared to last month.

Currently, listings spend an average of 115 days on market and the average price per square foot is $844.

Detached properties make up the largest share of the Sechelt market at 86% of active listings with an average price of $2.9M. Townhouse listings follow at 14% (avg $529K).

Sales Activity & Absorption

Volume

26
Sold (30d)
55
Sold (90d)
115
Avg DOM
37
New (30d)

Market Signals

6
Price Cuts (30d)
7
New (7d)
63%
Sell-Through
94.2%
List-to-Sale

26 properties sold in the past 30 days, 37 new listings appeared in the past month, 6 sellers reduced their asking price.

Market Balance

Months of Inventory

Seller'sBalancedBuyer's
9.3months
Strong Buyer's Market
Sell-Through Rate63.4%
Inventory Change (30d)+19.1%
Site Active Listings243

With 9.3 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.

Neighborhoods

AreaListingsAvg Price
Sechelt District239$1.3M
Avg 2 schools nearbyAvg 4 parks nearbyAvg 7 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 $799K, 20% down, 25yr amortization
$3,718/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 Sechelt market currently has 243 active listings with a median price of $799K and 9.3 months of inventory.

  • High inventory (9.3 months) favors buyers
  • Low price reduction rate (2% of listings)
  • Slow-moving market (115 avg days on market)
  • Average price per square foot is $844
  • Sold properties averaged -1 days on market

For Buyers

With more inventory and less competition, buyers in Sechelt have room to negotiate. Take time to compare options and don't rush — but be ready to act on well-priced properties. There were 7 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. 6 listings have reduced their price in the past 30 days. The current sell-through rate is 63%.

Data sourced from BCRES active and sold listings. Metrics computed from listing data updated daily. Prepared by Eyal Pevzner with AI assistance, reviewed by our team.

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Resources

Explore Sechelt

Homes for Sale in Sechelt243 active listingsCost of Living in SecheltHousing, rent & expensesSold Data in SecheltRecent sales & prices

Market data is calculated from active and recently sold MLS® listings as of August 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.