Gibsons Townhouse Market Report – October 2021

In October 2021, the Gibsons townhouse real estate market is classified as a Balanced Market with an absorption rate of 18.8%. The market in Gibsons is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

6 townhouse properties sold in Gibsons during October 2021 based on MLS® records. There were 32 active listings at the start of the month. A total of 2 new listings came to market during the month.

The average townhouse sold price in Gibsons in October 2021 was $902,168. Sold prices ranged from $439,900 to $1,600,000. Data is sourced from MLS® board records.

In October 2021, townhouse properties in Gibsons averaged 51 days on the market before selling. With an absorption rate of 18.8%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average townhouse sold price in Gibsons in October 2021 was $902,168, up 104.7% year-over-year compared to October 2020 ($440,756). Sales volume was down 33.3% compared to the same month last year. Data is sourced from MLS® sold records.