Sechelt Real Estate Market Report
Executive Summary
The Sechelt, British Columbia real estate market is currently classified as a buyer's market. The median asking price is $829K, down 51.6% over the past 30 days.
There are currently 255 active listings, representing 15 months of inventory. 46 properties have sold in the past 90 days at a median sold price of $720K. Inventory has increased 1600.0% compared to last month.
Currently, listings spend an average of 7 days on market and the average price per square foot is $494.
Detached properties make up the largest share of the Sechelt market at 70% of active listings with an average price of $1.9M. Condo listings follow at 7% (avg $569K).
Sales Activity & Absorption
Volume
Market Signals
17 properties sold in the past 30 days, 240 new listings appeared in the past month, 77 sellers reduced their asking price.
Market Balance
Months of Inventory
With 15 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Sandy Hook | 5 | $765K |
| West Sechelt | 5 | $1.0M |
| Davis Bay | 5 | $1.0M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
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 255 active listings with a median price of $829K and 15 months of inventory.
- High inventory (15 months) favors buyers
- Prices declining (-51.6% in 30 days)
- High price reduction rate (30% of listings)
- High sell-through rate (100%)
- Fast-moving market (7 avg days on market)
- Average price per square foot is $494
- Sold properties averaged -37 days on market
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.
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.