Skip to main content

Whistler Real Estate Market & Resort Update - Summer 2013

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.
Whistler Olympic Plaza  with Whistler and Blackcomb Mountains in the background.
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.
Whistler Village Stroll with Whistler Town Plaza and Garbonzo on Whistler Mountain in the background.
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.) 


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$ VOLUMEHIGHESTLOWEST
Chalets60$90M$4.4M$543k
Condos - Phase 171$32M$2.6M$118K
Condos - Phase 234$7.4M$598K$50Kl
Townhomes - Phase 181$59M$1.9M$200K
Townhomes - Residential24$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

Comments

Popular posts from this blog

Which Buildings in Whistler are Phase 1 and Which Buildings in Whistler are Phase 2? Phase 1 and Phase 2 Covenants in Whistler.

Whistler Resort Land Properties with Restrictive Covenants Include (but are not limited to): Property Name Covenant Type Adara Hotel Phase 1 Town Centre AlpenGlow Phase 2 Town Centre Aspens On Blackcomb Phase 1 Town Centre Blackcomb Lodge Phase 2 Town Centre Blackcomb Professional Building Phase 1 Town Centre Coast Blackcomb Suites Phase 2 Town Centre Coast Whistler Hotel Phase 2 Town Centre Crystal Lodge Phase 2 Town Centre Delta Whistler Village Suites Phase 2 Town Centre Executive Inn Phase 2 Town Centre Fairmont Chateau Whistler Phase 2 Fitzsimmons Phase 1 Town Centre Four Seasons private residences Phase 1 Town Centre Four Seasons Resort Whistler Phase 2 Glacier Lodge

Just Listed at The Delta Whistler Village Suites in Whistler Village! 4308 Main Street, Whistler, B.C. - PRICED TO SELL at $159k!

Located on the Village stroll cobblestone in the heart of Whistler Village! Park your car and walk everywhere! Just steps to both Whistler and Blackcomb Gondola's, prime restaurants, shops, bike & valley trails, night life and more! This unit sold for over $300k in December 2004! Now is the time for you to own in Whistler. Call me and let's get started! Contact a Whistler REALTOR:    Matthew Callaghan -  REALTOR ® Sutton Presidents Club Member ®  - 2011 & 2012 Sutton Group - West Coast Realty O: (604) 935-3380 |   C:  (604)966-8678 Search Whistler's Best Real Estate Listings Here www.MatthewCallaghan.com        

The Four Seasons Resort & Spa in Whistler, Canada - Just Listed - 2 Bath, 1 Bed Luxury Unit - $399k

Enjoy beautiful Whistler valley views and western exposure from this luxury 806 sq ft deluxe, 1 bedroom & 2 bath unit. Own a piece of Whistler luxury at The Four Seasons Resort & Spa , located at the base of Blackcomb Mountain and steps to The Chateau Whistler Golf course . Property features a full service spa, pool, hot tub, ski valet, restaurant, 24 hour front desk, in room dining and world renowned 4 star service. This Phase II property allows 56 days of personal use a year. When your not enjoying the property personally it is generating healthy rental revenues managed by The Four Seasons! Call me for rental revenues and more information.    Matthew Callaghan -  REALTOR ® Sutton Platinum  Club Member ®  2013 Sutton   Presidents Club Member ®  2011 - 2012  Sutton Group - West Coast Realty O: (604) 935-3380 |   C:  (604)966-8678 Search Whistler's Best Real Estate Listings Here www.MatthewCallaghan.com