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Market Analysis, February 2017, Salt Spring Island

February 2017

The real estate market shows its tone by mid-February, in our secondary home marketplace. It seems that the first six to seven weeks of a New Year continue the tenor of November and December of the previous year.

February 2017

A resurgence in sales, resulting in a very thin inventory and a stabilizing of prices….these are continuing signs of a market uptick. An increase in tax assessments that reflect the strong sales in the previous year…such assessments are mailed out to property owners in early January…is another marker. Multiple bids and higher selling price over list price: that has happened, if a property is unique, and is another sign of an authentic turn into seller’s market conditions.

It is wise to allow January and early February to unfold. The secondary home markets see their busiest moments between mid-March and end of October. Best, perhaps, to let the first weeks of a new year bring forward the clues to the rest of the year. By mid-February, the first whispers of the main trend start to be heard.

So, meantime, attend conferences that offer arrows of information about the future. Pay attention. Be aware of shifts and changes.

It’s the fallow field moment: the roots are busy, but very little shows above ground.

Salt Spring and the Gulf Islands remain extraordinary places to visit, to enjoy, to choose as special places to live. They are “seasonless” experiences. There is always something to discover and to be inspired by.

More information? Call me! Your best interests are my motivation…I will make sure that you see all property opportunities available in your preferred categories.

Pop by my office for free maps, weekly driveby lists for all listed properties, regardless of realtor or company or board affiliation. All current listings, totally up-to-date, to help you in your search. Welcome!

Salt Spring Island Restaurants, Inns & Coffee

Salt Spring Island Restaurants

House Piccolo: a stellar dining experience, for dinner, located in Ganges Village. Locals and visitors alike call this “Salt Spring’s best
restaurant”. Certainly a place for celebrations! Open for dinner.

Calvin’s Bistro: oceanside deck, for summer al fresco dining pleasures, and Harbour views. Great food, terrific service, menu highlights plus regular menu choices, and enjoyed by locals and visitors alike! Open for lunch and dinner.

Harbour House Hotel open for breakfast and lunch, daily, and for dinner, in the off season, on Friday (live music), Saturday, Sunday. Open for dinner, nightly, in the summer season.

Hastings House a part of the Small Hotels of the World group, and with an award winning kitchen, this has to be on your list for those very special occasions.A view down Ganges Harbour is also a part of the ambiance. Open between April and November, for dinner: this is a not to be missed experience.

Bocados Bistro in Grace Point Square. Totally reconfigured space, formerly the Artist’s Bistro, this gem enjoys al fresco patio dining in the summer season…like traveling to Italy! Open for dinner.

Marketplace Cafe one of the newest dining choices on Salt Spring, and open for lunch and dinner, the Marketplace is located in Harbour Centre (formerly Gasoline Alley). Lots of specials, and also regular menu choices. A great addition to the dining scene! Open for lunch and dinner.

Market Place Cafe

Market Place Café

Treehouse Cafe recently “enclosed“, this well known summer location is now “year round”. Yes, live music is still on the menu, too! Breakfast and lunch, in the “off season”, and dinner, too, in the summer season.

Salt Spring Inn in the heart of Ganges Village, and with accomodation above the restaurant. Open for breakfast, lunch, and dinner, daily.

Raven Street Market Cafe close to the Fernwood Dock, and with great soups and woodfired pizza. Take out or eat in. Your “north end” choice!

Golden Island Restaurant: eat in or take out…great Chinese cuisine choices! A local’s favourite!

Seaside Kitchen across from Vesuvius ferry parking lot, with an oceanside deck for summer al fresco dining pleasures…open for lunch and
for dinner. Best fish and chips, according to the Islanders!

Rock Salt Cafe at Fulford Village, adjacent to ferry terminal parking lot. Open for breakfast, lunch, and dinner…an award winning kitchen!

Rendezvous Cafe across from Moby’s and from Salt Spring Marina. An authentic French bakery…coffee and pastry delights: take out or eat in. Quiche, tomato tarts, savoury cheese items, plus delectable pastries. Make sure your next birthday cake comes from here. Christmas Yule Logs, too!

Cafe Talia on Hereford Street…best cappucino in town! Lots of
treats…open from 9 to 4, Monday to Saturday. Closed Sunday.

TJ Beans coffee house with the best viewing deck on the Island! Corner of McPhillips Avenue and Lower Ganges Roads.

Salt Spring Coffee

Salt Spring Coffee

Salt Spring Roasting Company home made delights, soups, coffees, teas. On McPhillips Avenue.

Jana’s Bakeshop: on Lower Ganges Road, at Upper Village. Coffee, teas, goodies.

Embe Bakery: coffee, teas, home made delights…the pies!

Dagwood’s: on Lower Ganges Road, in Upper Village. A Salt Spring
tradition: breakfast and lunch.