In 2025, property assessments on the Sunshine Coast have shown minimal changes, reflecting a stabilized housing market. Gibsons experienced a modest 2% increase in median single-family home values, rising from approximately $940,000 to $963,000, while Sechelt remained steady with a slight increase from $884,000 to $885,000. This marks a shift from the significant rises seen during the pandemic, with current trends influenced by higher interest rates and other market factors.
The stability in assessments suggests a more predictable year ahead for homeowners and buyers on the Sunshine Coast. With minimal fluctuations, market activity may focus on affordability and strategic investment opportunities.
BC Assessment determines property values annually to reflect market conditions as of July 1 of the previous year. These assessments are used by municipalities to calculate property taxes and provide a snapshot of real estate trends. While BC Assessment provides a market value estimate, it may not reflect current conditions. If you're curious about your property’s current market value or considering buying or selling, our team offers professional market evaluations to give you a clear picture of your home’s worth today.