Sunshine Coast Real Estate: A Market on the Move with TOWN - March 2024

Sunshine Coast Real Estate: A Market on the Move with TOWN - March 2024

A Record-Breaking Pace

As we bid farewell to March and welcome the vibrant spirit of Autumn, TOWN’s momentum in the real estate sector not only continues but accelerates. With immense pride, we announce that, within the first quarter of 2024, we’ve transcended benchmarks by transacting over $110 million in real estate. This milestone is not just a number; it’s a narrative of trust, tenacity, and triumph that we share with our valued clients.

A Market That’s Buzzing with Activity

The real estate buzz on the Sunshine Coast is louder than ever, with one of our recent auctions becoming a testament to the soaring demand. A stunning property attracted 16 registered bidders, ultimately selling for an astounding $105,000 over the reserve. This auction was not just a sale; it was a celebration of the confidence that buyers and sellers place in the thriving coastal market—and in TOWN.

Unwavering Excellence

In the light of such remarkable successes, we’ve seen clients come forward to share their experiences, reinforcing the TOWN promise. A shining review from a client, echoes this sentiment perfectly:

“Jamie and his team were amazing in the sale of my house. Jamie was professional, driven, and honest throughout the entire sale process. The communication was on point and was made to feel very well informed and confident with all negotiations and hurdles. Extremely happy with the experience from Jamie and his team at TOWN, highly recommend. Thank you for the great result.”

This is more than feedback; it’s a story of fulfilled dreams and exceeded expectations.

What TOWN Brings to Your Table

Our approach is a blend of detailed market knowledge, tailored strategies, and a deep understanding of the Sunshine Coast’s unique allure. For sellers, the stories of successful sales are not anomalies but expectations. For buyers, even in a marketplace brimming with competition, TOWN is the compass that guides you to your dream property.

The Future Looks Bright

As we continue to navigate through 2024, TOWN remains at the forefront, committed to excellence and dedicated to your success. The Sunshine Coast market is expected to stay robust, and with TOWN, you’re not just participating in the market; you’re setting the pace.

Your Real Estate Partner

If you’re contemplating a real estate decision on the Sunshine Coast, let TOWN be your partner in this journey. Reach out, and let’s make 2024 a landmark year for you. Here’s to many more milestones, together.

With an eye to the future and a heart in the community, we at TOWN invite you to join us in this extraordinary real estate voyage. The doors to opportunity are wide open; let’s step through them with confidence.

February 2024 Insights: Sunshine Coast Real Estate Thrives with TOWN

February 2024 Insights: Sunshine Coast Real Estate Thrives with TOWN

A Strong Start to the Year

As we wave goodbye to the first month of 2024 and step into February, the momentum on the Sunshine Coast real estate market is not just continuing; it’s thriving. With TOWN leading the charge, we’re proud to announce a staggering $70 million in real estate transactions so far this year. This achievement is a testament to the strength and vitality of our market, and the trust you place in us to navigate this dynamic landscape.

The Market at a Glance

Despite the concerns that often accompany the start of a new year, the Sunshine Coast real estate market is showing robust health. With just over 3,200 homes currently listed for sale, inventory remains tight. This scarcity underscores the continued appeal of our coastal paradise, but it also highlights the competitive nature of our current market.

Prices are holding steady, a reassuring sign for both buyers and sellers. At open homes, we’re seeing strong attendance, reflecting undiminished interest in Sunshine Coast living. More significantly, the trend of receiving multiple offers on most properties continues, indicating that the demand for homes here outstrips the available inventory.

What This Means for You

For sellers, the market’s current dynamics are favorable. The competition among buyers can lead to better sale terms and potentially higher selling prices. If you’re considering selling, now is a propitious time to discuss your options with us at TOWN.

Buyers, while you face a competitive market, there are opportunities. Success in this environment requires readiness and swift action. Our team at TOWN is here to guide you through making compelling offers that stand out, ensuring you secure your piece of the Sunshine Coast.

TOWN’s Commitment

Our record-breaking start to the year is more than just numbers; it’s a reflection of our commitment to excellence and to you, our community. Whether you’re buying or selling, our team is dedicated to providing you with the best possible experience and outcome.

Looking Ahead

As we move further into 2024, we anticipate the market will remain vibrant. The Sunshine Coast continues to attract attention not just for its unparalleled lifestyle but also as a wise investment. With TOWN, you have a partner ready to navigate the complexities of this market, ensuring your real estate journey is rewarding.

Let’s Talk

Whether you’re considering buying, selling, or just want to understand more about the current market, we’re here for you. Our doors are always open for a chat about your real estate needs. Together, let’s make 2024 your most successful year yet on the Sunshine Coast.

New Year, New Opportunities: Sunshine Coast Real Estate Update - January 2024

New Year, New Opportunities: Sunshine Coast Real Estate Update - January 2024

Happy New Year, Sunshine Coast! As I bid farewell to 2023 and welcome the promise of 2024, I am excited to take a fresh look at our local real estate market and what the future holds. Grab your coffee, sit back, and let’s dive into the latest insights for January.

A Quick Recap of November – December 2023

November was an exciting month for us in the Sunshine Coast real estate scene. We celebrated record-breaking sales of $35 million, underscoring the enduring appeal of our beautiful coastal region. Despite a slight increase in the average days on market, the demand remained strong, with multiple offers on many properties. It’s clear that our piece of paradise continues to captivate both buyers and sellers.

A Promising Start to 2024

As we step into the new year, many are wondering what the real estate landscape will look like in 2024. Here are a few trends and factors to keep an eye on:

  1. Interest Rates: With expectations of rising interest rates, some buyers may be eager to secure their dream homes before borrowing costs increase. This could maintain the demand for properties in our area.
  2. Supply and Demand: We’ve been operating with a lower inventory of properties on the market, which has contributed to the competitive environment. Currently, there are only 3,000 homes for sale on the Sunshine Coast, a notably low number considering the growing community. It will be interesting to see if this trend continues or if more listings will emerge as the year progresses.
  3. Migration and Community Growth: The Sunshine Coast continues to be a magnet for people seeking the ideal blend of coastal living and community. Recent statistics reveal a steady increase in migration to our region, showcasing the Sunshine Coast as one of the most desirable places to live in Australia. The growing community adds to the appeal and vitality of our area.
  4. Visit Our New Office at 48-50 Duporth Avenue, Maroochydore: I am thrilled to share some exciting news! In our commitment to serving you better, our brand new office is now set up at 48-50 Duporth Avenue, Maroochydore. I extend a warm welcome to you to visit us and experience the warm, professional atmosphere where our dedicated team is ready to assist with all your real estate needs.

Whether you’re a seasoned real estate investor, a first-time homebuyer, or simply curious about the local market trends, our doors are open to you. Come in for a chat, explore our resources, and let us help you navigate the Sunshine Coast real estate landscape.

What Should You Do in January 2024?

If you’re a prospective seller, taking advantage of the lower inventory early in the year might be a strategic move. Buyers, on the other hand, may want to act swiftly to secure favourable interest rates. As always, consulting with a knowledgeable real estate agent like myself can provide valuable guidance tailored to your specific situation.

A Final Word

As we embark on this new year, I want to extend my sincere wishes for a prosperous and joyful 2024. The Sunshine Coast real estate market has seen its share of ups and downs, but one thing remains constant – our appreciation for this stunning place we call home.

Whether you’re buying, selling, or simply enjoying the Sunshine Coast lifestyle, I’m here to support you every step of the way. Don’t hesitate to reach out for all your real estate needs.

Here’s to a year filled with new opportunities, success, and memorable moments. Cheers to 2024!

A Festive Update on the Sunshine Coast Real Estate Market: December 2023 Insights and Holiday Cheer

A Festive Update on the Sunshine Coast Real Estate Market: December 2023 Insights and Holiday Cheer

As the festive lights twinkle and we gear up to celebrate Christmas and welcome the New Year, I wanted to share with you some of the latest trends in our Sunshine Coast real estate market along with my heartfelt holiday wishes.

Firstly, a bit of fantastic news from last month – we hit a record-breaking $35 million in sales! It’s an incredible achievement and a strong indicator of the demand in our area.

Now, onto some insightful market trends. This year, we’ve noticed that the average days on market for properties has increased compared to last year. This shift offers a unique perspective on our current market dynamics, reflecting both the challenges and opportunities for buyers and sellers alike.

Even with this increase in time on the market, the competition remains fierce. We’re still seeing multiple offers on properties, a clear sign of the strong demand and the desirability of our beautiful Sunshine Coast region.

With about 3,382 properties currently on the market, significantly lower than the usual 5,000 to 6,000, the balance of supply and demand continues to shape our market. And as we look towards the future, particularly with the anticipated rise in interest rates, it’s going to be intriguing to see how these factors play out in the coming year.

For those contemplating whether to list now or wait until the new year, my advice leans towards taking the initiative. Getting ahead of the anticipated influx of new listings in January 2024 could be a smart move. Despite the holiday season and the associated slowdown in some services, as an experienced agent, I’m here to ensure that your journey in real estate is smooth and successful.

As we celebrate this festive season, I want to extend my warmest wishes to you and your loved ones for a Merry Christmas and a Happy New Year. May this time be filled with joy, peace, and prosperity.

Looking forward to a bright and exciting 2024 in real estate, and as always, I’m here to support you with any of your property needs.

Read Jamie Vibert’s exception reviews on GOOGLE and REALESTATE.COM.AU

2022 Sunshine Coast Real Estate Market Recap

2022 Market Recap

In 2022, the Sunshine Coast real estate market continued its strong performance, with high demand from both local and interstate buyers. According to the Real Estate Institute of Queensland (REIQ), the median house price on the Sunshine Coast increased by 13.3% over the previous year, reaching $785,000, while the median unit price increased by 10.6% to $540,000.

The REIQ also reported that over 11,000 properties changed hands in 2022, representing an increase of 7.6% from the previous year. Local residents accounted for the majority of buyers, followed by interstate buyers from New South Wales and Victoria.

The coastal suburbs of Noosa Heads, Mooloolaba, and Maroochydore remained highly sought after, while inland areas such as Maleny and Montville also saw significant growth in demand. However, the shortage of listings remained a significant challenge for buyers, with low levels of supply driving competition and leading to strong price growth.

Despite the ongoing challenges posed by the COVID-19 pandemic, the Sunshine Coast real estate market remained resilient in 2022, buoyed by low interest rates, government incentives for first home buyers, and a desire for lifestyle change among buyers.

If you’re looking to buy or sell property on the Sunshine Coast, it’s crucial to work with a professional and experienced real estate agent who can help you navigate the competitive market. That’s where Jamie Vibert comes in – a highly trusted and successful real estate agent with a track record of excellence.

Jamie has a thorough understanding of the local market and a deep commitment to providing the best possible service to his clients. He has a reputation for going above and beyond to help his clients achieve their real estate goals, with a strong work ethic and excellent people skills.

When you work with Jamie, you can trust that you’re in good hands. Whether you’re looking to buy your first home, upgrade to a larger property, or sell your existing home for top dollar, Jamie has the expertise and experience to guide you through the process and help you achieve your goals

Read Jamie Vibert’s exception reviews on GOOGLE and REALESTATE.COM.AU