This Week in Whistler Real Estate: November 16 – 22

Date Posted: November 23, 2015

Over the past 7 days we have seen a total of 22 new listing and 37 completed sales.

Whistler-Gondola-Vilalge-2223-Ext

New Whistler Real Estate Listings

Here is an overview of the 22 new listings from the past 7 days in Whistler:

Address Area Type Beds/
Baths
Other List
Price
2257 Nordic Drive Nordic Chalet 6 / 8 $8,990,000
5137 Old Gravel Road Whistler Creek Chalet 8 / 8 $5,495,000
14 The Ridge Nordic Chalet 6 / 6 $3,799,000
6670 Crabapple Drive Whistler Cay Estates Chalet 4.5 / 3.5 $3,250,000
4859 Casabella Crescent Village Townhome 3 / 3 Phase I $1,274,000
265 Four Seasons Resort Benchlands Condo 2.5 / 3 Phase II $1,219,000
303 Lynx Blueberry Townhouse 4 / 3 Phase I $1,149,000
209 Woodrun Benchlands Condo 2 / 2 Phase I $1,149,000
22 Whistler Creek Ridge Whistler Creek Townhouse 3 / 3 $880,000
54/54A Glaciers Reach Village Townhouse 2 / 2 Phase I $549,000
26 Suncrest Brio Townhouse 3 / 2 Employee $499,000
1057 Madeley Place Cheakamus Crossing Vacant Land $459,000
329 Four Seasons Resort Benchlands Condo 1 / 2 Phase II $459,000
3103 Sunrise Whistler Cay Heights Townhouse 1.5 / 1 $419,000
1532/1534 Delta Whistler Village Condo 2 / 2 Phase II $330,000
7 Lagoons Village Townhouse 0.5 / 1 Phase I $279,000
4 – 2114 Gondola Village Whistler Creek Townhouse 1 / 1 Phase I $260,000
1532 Delta Whistler Village Condo 1 / 1 Phase II $235,000
1534 Delta Whistler Village Condo 0.5 / 1 Phase II $99,000
317B Legends Whistler Creek Shared Ownership 1 / 1 Phase I $59,900
143 Glacier Lodge Benchlands Parking Stall $18,900

New Pemberton Real Estate Listings

There is only 1 new listing in Pemberton to check out:

  • 1479 Lupin Street – A 3 bedroom home with a 1 bedroom revenue suite. Located in a quiet family neighbourhood. Listed at $529,000.

Whistler & Pemberton Real Estate Sales

Last week saw a total of 15 completed listings in Whistler and Pemberton. You can see them all here.


This Week in Whistler Real Estate: November 9 -1 5

Date Posted: November 16, 2015

It was a bit more busy over the last week in terms of new listings (with 25). There were also 15 completed sales.

2931BigTimberCourt-Whistler

New Whistler Real Estate Listings

Here is a look at the 20 new listings that came to the market in Whistler:

Address Area Type Beds/
Baths
Other List
Price
2931 Big Timber Court Kadenwood Chalet 6 / 6.5 Spectacular Views $7,200,000
2976 Kadenwood Drive Kadenwood Vacant Land 0.741 Acres $2,750,000
7 Northern Lights Village Townhome 3 / 2.5 Phase I $1,980,000
26 The Bluffs Nordic Townhome 2 / 2 $749,000
27 Valhalla Village Townhome 3 / 2.5 Phase I $699,000
7 Garibaldi Drive Black Tusk Chalet 2.5 / 2 $595,000
210 Ironwood Blueberry Condo 2.5 / 2 Phase I $559,000
7 The Bluffs Nordic Townhouse 1 / 1 Phase I $529,000
201 Town Plaza Village Condo 2 / 2 Phase I $499,000
854 The Westin Village Condo 2 / 2 Phase II $410,000
229 Greystone Benchlands Condo 1 / 2 Phase I $409,000
34 Symphony Village Townhouse 1 / 1 Phase I $345,000
433 Town Plaza Village Condo 1 / 1 Phase I $319,000
14 Blackcomb Condos Nesters Condo 1 / 1 $269,000
1-2036 Gondola Village Whistler Creekside Townhouse 1 / 1 Phase I $255,000
302 Alpenglow Village Condo 0.5 / 1 Phase II $186,900
401A Legends Whistler Creekside Condo 3 / 2.5 Quartershare $185,000
406C Evolution Whistler Creekside Condo 2 / 2 Quartershare $149,000
336B Legends Whistler Creekside Condo 1 / 1 Quartershare $57,000
404B Evolution Whistler Creekside Condo 1 / 1 Quartershare $56,500

New Pemberton Real Estate Listings

With 5 new listings in Pemberton, this is more new inventory in a week than we have seen in a while.

Whistler & Pemberton Real Estate Sales

Last week saw a total of 15 completed listings in Whistler and Pemberton. You can see them all here.


SOLD! 1354 Greenwood Street

Date Posted: November 14, 2015

A beautiful custom home in Pemberton

Pemberton Single-Family Home For Sale Amber Mann Pemberton Real Estate

Built in 2010 by the current owners, this gorgeous custom home leaves nothing to be desired. With an exceptional eye for detail, the custom kitchen and flowing living spaces are perfect for entertaining or quiet relaxation. Imagine hitting the trails and then coming home to relax in the sunny backyard or looking up to stunning Mt. Currie while enjoying music from the built-in surround sound on your front balcony. With 3 bedrooms, plus a media room or flex bedroom, this is the perfect family home. The large crawl space and double car garage provide plenty of extra storage. The wood-burning, air-tight fireplace has an efficient builtin air circulation system that keeps the entire home warm and cozy all winter long. Conveniently located near the Village of Pemberton, the amenities and trails are just moments away. The large 1 bedroom suite is an added bonus for revenue potential.

This property was listed for $729,000 and sold for $729,000 – 98% of the asking price!

“Working with Amber and Lindsay made my house sale very seamless. They work as a great team, making communication very easy. I was able to connect with one or the other at any time of the day or night, including weekends.” – Barbara Mares, Seller of 1354 Greenwood Street

The real estate market has improved. If you are curious about your home’s value in today’s market, want more information about this sale or similar listings, or would like an update on market conditions, contact me today!


Whistler Market Update – October 2015

Date Posted: November 12, 2015

Real Estate in Whistler Achieves Record Levels

As we near the half-way mark of November, it is time to take a look back at how the real estate market has been trending thus far in 2015. And, so far it has certainly a year for the books. Not only have we experienced the highest level of real estate activity since 2010, but September was also the best month for real estate sales since 2007.

Contrary to what many people may think, the fall is usually Whistler’s busiest month for real estate – due in part at least to a combination of people wanting to complete their transactions before the start of the ski/board season and the hangover of sales from the end of the summer completing.

Let’s start with the record month of September where we saw a total of 95 reported sales with a total value of almost $65,000,000 and an average sales price of $693,484. As of September we had seen an 8% increase in activity over the same period last year, not to mention a 20% increase in the total value of sales.

Now, let’s get a little more current and take a look at how the real estate market is doing as of the end of October.

There have been more sales over the course of the last 12 months than we have seen in any 12 month period since 2010 and we can safely assume that the total dollar volume of sales in 2015 will exceed $675 Million (5% higher than 2014 and the highest level since 2007). On the flip side, we only have about 6 months worth of inventory – this is also the lowest level we have seen since 2007.

Here is a breakdown of the average sales price by market by segment:

  • Single Family Homes: $1,693,000 (3% higher than 2014).
  • Townhomes: $740,097 (10% higher than 2014).
  • Condominiums: $1,693,000 (12% higher than 2014).

Although the single family home market segment has witnessed a 17% increase in the total number of sales compared to one year ago, both the townhome and condominium segments saw a slight drop. This is due to a lack of available properties to purchase.

We have seen a 30% increase in activity in Whistler’s luxury market (which consists of properties listed at $2 Million and higher). The average sales price in this market segment is currently sitting at $3,050,000 and can mostly be attributed to the sales of luxury townhomes and unique acreages. That said, 75% of the sales in Whistler continue to occur below the $1 Million price point.

With all this great news in mind, it is important to note that we are experiencing the lowest inventory levels we have seen since 2010. With high demand and low supply there is increasing upward pressure on prices across the board and buyers are finding that the market is trending towards highly competitive conditions when it comes to well-priced and/or desirable new listings. Many properties are selling within days of hitting the market and many under multiple offers. It would not be surprising if we start to see properties selling for higher than asking price if current conditions remain the same.

On a broader scale, Whistler is not alone. The entire Sea-to-Sky Corridor from Squamish to Pemberton are experiencing many of the same trends – high demand and low inventory. All three real estate markets continue to buzz along at a busy pace.

In a nutshell, what does this mean for you?

  1. Buyers need to be prepared to act fast when/if they find a property that meets their needs.
  2. Prices will continue to rise if current market conditions remain unchanged
  3. This is a great time to be a seller

 

What do we expect moving forward?

Real estate continues to be a safe haven for many people due to the continued uncertainty in financial markets. We expect interest rates to remain low and this, combined with favorable exchange rates for foreign buyers and the continued evolution of Whistler, there is no doubt that the resort will continue to attract buyers. We can safely expect real estate prices to trend upwards for the foreseeable future.

If you have any questions or would like more information on the current state of the Whistler real estate market, contact me. Whistler is a very unique and nuanced market and it is important for you to have the most up-to-date and accurate information if you are thinking of buying or selling.


JUST LISTED! 3 – 2223 Sapporo Drive – NOW SOLD!

Date Posted: November 10, 2015

Walk to Creekside from this Whistler Townhome

Whistler-Gondola-Vilalge-2223

$295,900

Bedrooms: 1     |     Bathrooms: 1    |     Size: 425 Sq. Ft.

Walk to Alta Lake and all the Creekside amenities from this convenient Gondola Village townhome. Offering 1 bedroom and a bright, open living area this would make the perfect full-time home, getaway, or investment. More >>


This Week in Whistler Real Estate: November 2 – 8

Date Posted: November 9, 2015

We saw a total of 21 new listings come to the market and 21 completed sales over the course of the past 7 days.

Whistler for sale Valhalla Village Amber Mann Whistler Real Estate

New Whistler Real Estate Listings

Here are the 19 new listings that came to the market in Whistler:

Address Area Type Beds/
Baths
Other List
Price
6460 Toad Hollow Whistler Cay Estates Chalet 4.5 / 3 1 Bedroom Suite $1,499,000
8725 Idylwood Place Alpine Meadows Chalet 5.5 / 4.5 1 Bedroom Suite $1,499,000
304 Snowbird Benchlands Townhouse 3 / 3 $949,000
301 St. Andrews House Village Condo 2 / 2 Phase I $850,000
43 Snowridge Whistler Creek Townhouse 3 / 2 $795,000
6 Valhalla Village Townhouse 2 / 2.5 Phase I $719,000
22 Valhalla Village Townhouse 2 / 2.5 Phase I $618,000
319 Glacier Lodge Benchlands Condo 1 / 1 Phase I $599,000
9 Hearthstone Lodge Village Condo 1 / 1.5 Phase I $599,000
207 First Tracks Lodge Whistler Creek Condo 1 / 1 Phase I $549,000
5 Villa Sol Nesters Townhouse 3 / 2 $529,900
60 Lagoons Village Townhouse 1 / 1 Phase I $360,000
3 – 2223 Gondola Village Whistler Creek Townhouse 1 / 1 Phase I $295,900
7 Eaglecrest Bayshores Townhouse 1 / 1 Employee $295,000
1 – 2170 Gondola Village Whistler Creek Townhouse 1 / 1 Phase I $249,000
604 Hilton Whistler Resort Village Condo 1 / 1 Phase I $165,000
103 Vale Inn Whistler Creek Condo 0.5 / 1 Phase I $119,900
434C Legends Whistler Creek Shared Owner 2.5 / 2 Phase I $95,000
324D Legends Whistler Creek Shared Owner 2 / 2 Phase I $75,000

New Pemberton Real Estate Listings

There were only 2 new listings in Pemberton:

  • 204 Fleetwood Square – Walk to all the amenities from this 2 bedroom condo. Listed at $259,000
  • 1925 Carpenter Road – This commercial lot is located 5 minutes from downtown Pemberton. Listed at $175,000.

Whistler & Pemberton Real Estate Sales

Last week saw a total of 35 completed listings in Whistler and Pemberton. You can see them all here.


JUST LISTED! 22 Valhalla – NOW SOLD!

Date Posted: November 6, 2015

A location that is second to none in Whistler Village

Whistler for sale Valhalla Village Amber Mann Whistler Real Estate

$618,000

Bedrooms: 2     |     Bathrooms: 2.5    |     Size: 1,082 Sq. Ft.

You can walk to all the Village amenities, ride your bike to the beach via the Valley Trail, or hop on the free shuttle to the ski lifts from this beautiful, updated townhome. With an open floor plan, 2 bedrooms, and 2.5 bathrooms over 2 levels, there is plenty of space for quiet relaxation or entertaining. More >>


This Week in Whistler Real Estate: Oct 26 – Nov 1

Date Posted: November 2, 2015

Over the last 7 days 16 new listings have come to the real estate market in Whistler and Pemberton. The end of the month also saw 35 completed sales for a busy end to October.

Whistler Condo for sale Westin Resort and Spa Amber Mann Whistler Real Estate

New Whistler Real Estate Listings

The following 14 listings are new in Whistler this week:

Address Area Type Beds/
Baths
Other List
Price
8313 Glen Abbey Lane Green Lake Estates Townhouse 4 / 4.5 $2,499,000
8276 Valley Drive Alpine Meadows Chalet 5 / 5 $2,188,000
948 Four Seasons Private Residence Benchlands Condo 2 / 3 Phase I $1,799,000
23 Eagle Ridge Whistler Cay Heights Townhouse 3.5 / 2.5 $749,000
43 Painted Cliff Benchlands Townhouse 2 / 2 Phase I $725,000
209/210 Greystone Benchlands Condo 2 / 2 Phase I $625,000
A1 – 3031 St. Anton Way Alta Vista Townhouse 3.5 / 1.5 $519,000
8 Wedel Inn Alpine Meadows Townhouse 3 / 2 $519,000
62 Glaciers Reach Village Townhouse 2 / 2 Phase I $459,000
BP4 Tamarisk Whistler Creek Condo 1 / 1 $299,000
618 Four Seasons Resort Benchlands Condo 0.5 / 1 Phase II $219,000
901 Westin Resort & Spa Village Condo 0.5 / 1 Phase II $219,000
526C Legends Whistler Creek Shared Ownership 2 / 2 Phase I $99,500
305 Adara Hotel Village Condo 0.5 / 1 Phase II $75,000

New Pemberton Real Estate Listings

Pemberton saw only 2 new listings this week:

  • 9455 Geese Road – A 4.97 acre property in Pemberton Meadows with a 2 bedroom, 1.5 bathroom home. Listed at $549,800.
  • 12 Pioneer Junction Townhomes – A 3 bedroom townhome with a 2-car garage and central location in Pemberton Village. Listed at $375,000.

Whistler & Pemberton Real Estate Sales

Last week saw a total of 35 completed listings in Whistler and Pemberton. You can see them all here.