Gibsons & Area, Gibsons Market Report – May 2023

Q: How many homes sold in Gibsons & Area, Gibsons in May 2023?

18 properties sold in Gibsons & Area, Gibsons during May 2023 based on MLS® records. There were 511 active listings at the start of the month. A total of 51 new listings came to market during the month.

Q: What is the average home price in Gibsons & Area, Gibsons?

The average sold price in Gibsons & Area, Gibsons in May 2023 was $925,450. Sold prices ranged from $360,000 to $1,950,000. Data is sourced from MLS® board records.

Q: How long are homes sitting on the market in Gibsons & Area, Gibsons?

In May 2023, properties in Gibsons & Area, Gibsons averaged 39 days on the market before selling. With an absorption rate of 3.5%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Q: How has the Gibsons & Area, Gibsons market changed compared to last year?

The average sold price in Gibsons & Area, Gibsons in May 2023 was $925,450, down 5.5% year-over-year compared to May 2022 ($979,280). Sales volume was down 14.3% compared to the same month last year. Data is sourced from MLS® sold records.

Gibsons & Area is an active real estate market in British Columbia's Lower Mainland. The report below covers sold activity, pricing trends, and market conditions for Gibsons & Area based on MLS® data.

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Units Sold

$925,450

Avg Sold Price

39d

Avg Days on Market

Buyer's Market

Market Condition

511 active at start of month 51 new listings Absorption rate: 3.5% Highest sold: $1,950,000 Lowest sold: $360,000

How Does May 2023 Compare?

Period	Units Sold	Avg Sold Price	Avg DOM
May 2023 (this report)	18	$925,450	39d
April 2023 month prior	19 -5.3%	$956,941 -3.3%	45d -13.3%
May 2022 year ago	21 -14.3%	$979,280 -5.5%	—

3-Year Price Trend — Gibsons & Area, Gibsons

The Gibsons & Area, Gibsons real estate market was a Buyer's Market in May 2023, with 511 active listings at the start of the month, 18 properties sold, an average sold price of $925,450, properties averaging 39 days on market, an absorption rate of 3.5%. All data is sourced from MLS® sold records.

Recently Sold in Gibsons & Area, Gibsons

699 Dougall Road

Sold $635,000

2 bd • 2 ba • Townhouse

1413 Sunshine Coast Highway

1 bd • 1 ba • Apartment

808 Gerussi Lane

Sold $799,900

2 bd • 2 ba • Townhouse

689 Park Road

Sold $548,000

3 bd • 2 ba • Apartment

710 School Road

Sold $566,000

2 bd • 2 ba • Apartment

Active Listings in Gibsons & Area, Gibsons

3 bd • 2 ba • Townhouse

623 Farnham Road

$599,000

3 bd • 3 ba • Townhouse

934 Davis Road

$839,000

5 bd • 4 ba • House

Prepared by

Hani Faraj

RE/MAX Crest • 604-229-3342
Your Gibsons & Area, Gibsons specialist

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Related: Gibsons & Area, Gibsons Archive → Live Market Stats → Gibsons Reports → All BC Reports →

Frequently Asked Questions — Gibsons & Area, Gibsons May 2023

Is it a good time to buy in Gibsons & Area, Gibsons? −

In May 2023, the Gibsons & Area, Gibsons real estate market is classified as a Buyer's Market with an absorption rate of 3.5%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

How many homes sold in Gibsons & Area, Gibsons in May 2023? +

What is the average home price in Gibsons & Area, Gibsons? +

How long are homes sitting on the market in Gibsons & Area, Gibsons? +

How has the Gibsons & Area, Gibsons market changed compared to last year? +

Last Update: 06/04/2026 Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.