Real Estate for Sale in Gibsons

Situated in British Columbia, the municipality of Gibsons has a population of 4,437. The 6.1% population growth rate for the city is - when compared to other Canadian cities.

There are 17.92% of immigrants in Gibsons, 0.59% of which are recent arrivals to Canada. Beyond English, the most common language spoken is Tagalog (Pilipino, Filipino), with 1% of residents reporting it as their mother tongue. The largest cultural community within Gibsons is English at 47%, trailed by Scottish at 28% and Canadian at 25%.

Gibsons delivers solid employment prospects with an unemployment rate near 4%, which is - when compared to other cities. Roughly 62% of residents hold a university degree. Residents can anticipate a respectable quality of life in Gibsons owing to a - median family income of $54,088.

According to Statistics Canada, 75% of Gibsons residents drive. Approximately 18% of residents who are already established within the city will move within a year, while 53% will move within five years.

Gibsons’s population sits at average regarding homeownership, with 70% owning a property and 30% renting. The median monthly mortgage cost is estimated at roughly $869, which is - when set against renters in other Canadian cities.

In the Canadian real estate context, Gibsons is a rewarding place to purchase a home.

A swift review of MLS® listings reveals plenty of homes for sale in Gibsons. That doesn’t mean navigating this market is straightforward. In Canada’s real estate landscape there are heated pockets of activity—zones where bidding wars and sold-over-asking are the norm. To be effective in your property search, talk to a local Realtor®. As a specialist, a local Gibsons real estate agent can steer you to neighbourhoods matching your requirements and housing aligned with your budget.

Gibsons properties stay on the market for 7 days, on average and sell for 96.82% of the median list price. Detached houses for sale in Gibsons comprise 76% of listings and sell for a median price of $1,199,900. Gibsons condos represent 9% of the real estate currently for sale and sell for a median price of $1,449,900. The remaining 15% are townhouses, which sell for a median price of $699,000.

To navigate Gibsons’s real estate landscape you should recalibrate your expectations. Talk to a real estate broker or mortgage advisor to establish what you can realistically afford.

As of the latest reporting period, Gibsons’s median sale price sits at $579,000. This figure is calculated by identifying the mid-point price of all properties sold within a specified period of time. If, for instance, 30 condos changed hands last month and only 11 detached homes sold in the same time frame, then the median price would skew downward to capture the larger volume of lower-priced condos. At present, Gibsons has 78 houses for sale, 15 townhomes for sale and 9 condos for sale.

Purchasing a home means securing a stake in a neighbourhood, so gaining familiarity with your prospective community is worthwhile. Here’s a snapshot of Gibsons’s demographics, encompassing median age, schools and income, derived from census information provided by Statistics Canada.

For those weighing a Canadian real estate purchase to raise a family, take heart: Gibsons is home to top-rated elementary and secondary schools. To assist with your Gibsons housing market search, below are the leading five institutions in each category. (Explore further in our school guide.)

According to Statistics Canada, residents in Gibsons rely on a variety of methods to navigate the area.

According to current Gibsons MLS© statistics, the average home listing price in Gibsons, BC is $1,197,000. Based on Gibsons housing inventory, the typical home is listed on the market for 56 days and achieves a 94.9% selling to listing price ratio.

Based on current Gibsons MLS© data, the average detached house in Gibsons, BC has a listing price of $1,339,000. In Gibsons, detached houses remain on the market for 95 days on average.

According to current Gibsons MLS© data, the average condo in Gibsons, BC has a listing price of $1,168,000. In Gibsons, the average price for a 2-bedroom condo is $1,105,000 and the average price for a 1-bedroom condo is $445,000.

In Gibsons, BC, the most expensive neighbourhoods to buy a home include Gibsons & Area. Gibsons & Area is the most expensive neighbourhood in Gibsons with an average home price of $1,197,000.

The most affordable neighbourhoods to buy a home in Gibsons include Gibsons & Area and Gibsons & Area. Gibsons & Area is the most affordable neighbourhood in Gibsons with an average home price of $1,197,000.

The nearest cities to Gibsons, BC include Roberts Creek, Bowen Island, Gambier Island and Sechelt. Among the surrounding Gibsons cities, Roberts Creek has the highest average home price of $1,807,000 and Gambier Island has the most affordable average home price of $740,000.

The average townhouse in Gibsons carries an average listing price of $722,000, representing a 0% shift in price from the prior year. There are presently 15 townhouses for sale in Gibsons, BC.

According to Statistics Canada Census data, the median total household income in Gibsons is $54,088 per year, which falls below the national median income of $67,000 annually.

In Gibsons, BC, fewer residents rent than own at 30% renting versus 70% owning. The median monthly rent price comes to $2,000 per month contrasted with the median monthly mortgage of $4,600 per month.