2025 Year in Review

2025 Sunshine Coast Real Estate Year in Review

Photo: Sunset near Davis Bay, from one of my Sunshine Coast listings. Cropped, with text overlay added.Posted January 2026 by Randi Thomas PREC*Happy New Year, neighbours! I hope you had a cozy holiday season, whether you spent it walking the beach at Davis Bay, waiting in the ferry lineup to see family, or just staying put by the fire. With the final 2025 numbers now out, it felt like the right time to look back at the year on the Coast: the housing market, and the stories that had all of us talking.

The Numbers: 2025 at a Glance

These figures come from the Greater Vancouver REALTORS® (GVR) year-end/December 2025 market report for the Sunshine Coast. Benchmark prices are as of December 2025, compared with December 2024:
  • Composite benchmark price: $792,700, down 4.8% from a year ago (and down 4.4% from November)
  • Detached homes: $841,000, down 6.2% year over year
  • Townhouses: $749,100, up 1.5% year over year
  • Apartments/condos: $473,100, up 0.8% year over year
  • Total 2025 sales: 579 homes (484 detached, 52 attached, 43 apartments). That's up slightly from 572 in 2024.
  • Total 2025 new listings: 1,519 homes, up about 6% from 1,433 in 2024
  • Median sale prices for the year: $901,000 for detached (down from $950,000), $642,500 for attached (down from $667,000) and $535,000 for apartments (up from $518,500)
What I saw across the year: Spring brought a wave of new listings. Based on GVR's monthly reports, close to 200 homes came on the market in April alone, and more than 180 in May. From spring through fall, sales held fairly steady at roughly 45 to 60 a month, then slowed to 34 in December. The composite benchmark sat in the low $800,000s from late spring through November before easing in the final month.Here's the part I find most interesting: across Metro Vancouver, 2025 sales were the lowest in more than 20 years, down 10.4%. Here on the Coast, sales actually ticked up. Buyers simply had more to choose from, so prices softened, especially for detached homes. Townhouses and condos held their value a little better.For the long view: the Sunshine Coast composite benchmark is still up about 107% over 10 years. It's also about 29% below the Metro Vancouver benchmark of $1,114,800, so the Coast is still one of the better values in the region.

Around the Coast: What Happened in 2025

Ferries, again

Route 3 had a rough year. The Queen of Surrey broke down on New Year's Day, the Queen of Coquitlam stalled within sight of Horseshoe Bay in April, and a run of breakdowns and overloads in September pushed our local leaders to demand action from the province. On the bright side, the BC Ferries Commissioner approved four new vessels (of the five BC Ferries asked for), and BC Ferries rolled out email alerts for when reservations open up on full sailings. If ferries are a big part of your life (and when aren't they?), it's worth staying in the loop on what comes next.

New homes taking shape

Housing was a big theme in 2025. In August, the federal government announced $9.6 million for the second phase of O'Shea Place in upper Gibsons, which will bring 33 rental homes and child care space. Gibsons also moved forward on a 78-unit rental project next to Christenson Village and gave first readings to its updated OCP and zoning bylaws. Up the Coast, Campbell House in Pender Harbour opened for renters 55 and older after 10 years of planning. Not every proposal was welcomed: BC Housing's plans for two new sites in Sechelt drew strong pushback from neighbours. Either way, these decisions will shape our neighbourhoods for years to come.

Water and roads

The SCRD gave the green light to the Langdale Well Field, approved borrowing of up to $13.18 million for it, and adopted a 10-year water strategy. In July, most regional water systems were expected to top out at Stage 2 restrictions for the summer, a first in years. On the highway, the province's Highway 101 study recommended a 3.3 km bypass around Gibsons from Stewart Road to Payne Road. The province also announced it would lower the speed limit between Henry and Lower Roads to 60 km/h and add two new pedestrian crossings.

Community pride

We had lots to cheer about. Sechelt's own Gracey Hemstreet won three UCI Downhill World Cup races, and she was the first Canadian woman to win on the circuit. The Art Crawl drew nearly 45,000 visits to 188 studios and galleries, and the Sechelt Farmers' and Artisans' Market saw summer-sized crowds early in the season as people chose to shop local. That's the Coast spirit.

What This Means for You in 2026

For buyers: Conditions are on your side heading into the new year. Prices are lower than they were a year ago, borrowing costs came down by nearly a full percentage point in 2025, according to GVR, and you'll find plenty of choice, especially among detached homes. This is a great time to take your time, compare and negotiate.For sellers: Homes are selling. In fact, the Coast saw a few more sales in 2025 than in 2024. But you'll have more competition than in years past, so pricing right from day one and presenting your home well matter more than ever. If you're thinking about listing this spring, now is the time to start planning, before the spring listings arrive.

Wrapping It Up

2025 reminded me that the Coast is so much more than its numbers. It's the neighbours, the ferry-line conversations and the way this community rallies around its own. Whether you're curious what your home is worth, dreaming about a move in 2026, or just want to chat about the market over a coffee in Gibsons, I'd love to hear from you. Here's to a wonderful year ahead!Randi Thomas PREC*
RE/MAX City Realty, Gibsons
📞 778-834-6156 | ✉️ coasthomesbyrandi@gmail.com
🌐 www.coasthomesbyrandi.comMarket statistics are from Greater Vancouver REALTORS® (December 2025 and year-end 2025) and are deemed reliable but not guaranteed. Local news is drawn from Coast Reporter reporting. *Personal Real Estate Corporation.