Mid-Summer Greetings from Whistler!
I hope you’ve been able to enjoy the beautiful summer weather we’ve had. It’s been a good summer for both resort activity and real estate activity. Events like the Tough-Mudder, Summer Concert Series, Ironman and Grand-Fondo continue to make the summer season a great success.
On the real estate side, it appears 2013 has brought stability to the local market. While we are still seeing some price reductions with specific types of properties, others are seeing multiple offers for the first time in many years. It’s evident that overall confidence in Whistler continues to grow stronger. At a time of year when we typically see more listings come to market, this year we have experienced the opposite. Compared to the last few years listing inventory has continued to drop since the beginning of the year.
The Whistler Listing System (WLS) is currently showing 560 *active listings compared to 669 *active listings a year ago. (*Chalets, Condos-Phase 1, Hotel-Condos Phase 2, Duplexes & Townhomes. Excludes Shared-Ownership.)
With stronger Buyer demand and less to choose from than in the past few years Sellers are finally starting to see a balanced market. If a property is priced right and offers value, chances are it will sell within a reasonable period of time.
Here’s a quick snapshot comparing 2013 YTD sales to the same period last year. Most noticeable is the increase in Chalet sales including dollar volume. The other property types are in line with last year with the exception of Phase 1 Towhomes that are down in numbers and dollar volume.
2013 Year To Date
2012 Sales
Contact me if you would like more information on the current market conditions in Whistler, B.C.
Enjoy the rest of the summer!
Matthew Callaghan
Sutton West Coast Realty - Whistler
Cell: 604-966-8678
Email Me For More Information
Whistler Market & Resort Update - Summer 2013
I hope you’ve been able to enjoy the beautiful summer weather we’ve had. It’s been a good summer for both resort activity and real estate activity. Events like the Tough-Mudder, Summer Concert Series, Ironman and Grand-Fondo continue to make the summer season a great success.
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| Whistler Olympic Plaza with Whistler and Blackcomb Mountains in the background. |
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| Whistler Village Stroll with Whistler Town Plaza and Garbonzo on Whistler Mountain in the background. |
Active Listings Since 2009
With stronger Buyer demand and less to choose from than in the past few years Sellers are finally starting to see a balanced market. If a property is priced right and offers value, chances are it will sell within a reasonable period of time.
Here’s a quick snapshot comparing 2013 YTD sales to the same period last year. Most noticeable is the increase in Chalet sales including dollar volume. The other property types are in line with last year with the exception of Phase 1 Towhomes that are down in numbers and dollar volume.
2013 Year To Date
| TYPE | # SALES | $ VOLUME | HIGHEST | LOWEST |
| Chalets | 78 | $112M | $10M | $350k |
| Condos - Phase 1 | 68 | $31M | $4.8M | $91K |
| Condos - Phase 2 | 33 | $5M | $460K | $50Kl |
| Townhomes - Phase 1 | 67 | $49M | $2.7M | $180K |
| Townhomes - Residential | 25 | $13M | $930K | $220K |
2012 Sales
| TYPE | # SALES | $ VOLUME | HIGHEST | LOWEST |
| Chalets | 60 | $90M | $4.4M | $543k |
| Condos - Phase 1 | 71 | $32M | $2.6M | $118K |
| Condos - Phase 2 | 34 | $7.4M | $598K | $50Kl |
| Townhomes - Phase 1 | 81 | $59M | $1.9M | $200K |
| Townhomes - Residential | 24 | $11M | $810K | $245K |
Contact me if you would like more information on the current market conditions in Whistler, B.C.
Enjoy the rest of the summer!
Matthew Callaghan
Sutton West Coast Realty - Whistler
Cell: 604-966-8678
Email Me For More Information
Whistler Market & Resort Update - Summer 2013
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