Here we are...mid-August...and about one third of the way into our "real season". Although a very few new listings have come on market, they are mainly over the one million mark.
As soon as one differentiates property type and a price point, one can immediately see that it's a thin inventory time. Prices are not yet stabilized: price reductions and price increases...collapsed offers and bidding war outcomes...all on the table at once (usually a sign of a transition period).
Geopolitical events may be propelling people to seek real estate investments in slightly apart areas.
Salt Spring, a part of the Islands Trust (in place since 1974), is also an area where growth is curtailed via strict zoning/density bylaws. The micro-climate known as "cool Mediterranean" encourages orchards, vineyards, olive groves, farms...one could be self-sufficient here. In the heart of some of the best protected boating waters in the world, the sea offers food and ocean discoveries.
More information on the pleasures of living in a protected area, with proximity to major centres and yet a wonderfully apart and natural ambiance? Call me!
Nothing is really ever perfect, but Salt Spring is "practically perfect". A rich cultural life, a year-round lifestyle, an opportunity to experience an authentic community life...the Chamber logo says it all: Discover Yourself Here!
Seeking a property on Salt Spring? How may I help you to find and buy your special Island property? Call me.