Whistler Real Estate Summer 2014 Market Update - Property Sales Statistics - Chalet, Condo, Townhomes and Shared Owner in Whistler, B.C.
July 2014
Sunny Summer Greetings!
It’s
the third week of July and summer in Whistler is in full gear. It’s
interesting to see how the summer season continuous to evolve with an
array of events and activities. The events list continues to grow;
Tough-Mudder, Summer Concert Series, Ironman, Grand-Fondo, Children’s Festival along with the traditional Sunday Farmer’s Market. While the
activities list is open ended; cross-country biking, downhill biking in
the park, alpine hiking, kayaking, rafting, stand-up paddling, zip-trekking, ATV tours, golf, tennis and don’t forget apres on a sunny patio!
For a full list of events and activities check out:
Whistler Blackcomb at www.WhistlerBlackcomb.com
Tourism Whistler at www.Whistler.com
For a full list of events and activities check out:
Whistler Blackcomb at www.WhistlerBlackcomb.com
Tourism Whistler at www.Whistler.com
On
the real estate side the first half of 2014 surpassed 2013 both in
dollar volume and the number of sales. The Whistler Listing System (WLS)
recorded approximately 340 sales January to June 2014 with a total
dollar volume of approximately $233M compared to 2013 with 267 sales and
a dollar volume of $195M.
The
second quarter of 2014 saw strong buyer demand. Total sales in Q2 were
176 compared to 143 in 2013. Townhouses saw the highest number of sale
with 65 compared to 46 in 2013. Unrestricted condos were next at 51
compared to 39 in 2013. Single-Family Chalets/Cabins followed with 34
compared to 26 in 2013. Condo-Hotel units (Restricted Phase 2) were at
15 compared to 11 and Quarter-share ownership followed at 6 sales
compared to 10 in 2013.
(Source WLS. Excludes: Whistler Housing Authority, Timeshare and Parking Stalls)
To
sum up I expect the last half of this year will continue to build on
the trends we have seen over the past three years. Continued low
interests rates, strong local demand from within British Columbia and
select interest from non-resident buyers will keep our market on solid
ground. Buyers continue to see excellent value in Whistler ownership
with lifestyle being the main influencing factor.
For more detailed information on specify property types of interest please contact me.
Enjoy the summer!
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Matthew Callaghan - REALTOR® Medallion Club Member® 2013 Sutton Group - West Coast Realty
O: (604) 935-3380| C: (604)966-8678
Search Whistler's Best Real Estate Listings Herewww.MatthewCallaghan.com      |
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