This Week in Whistler Real Estate: April 10 -16

Date Posted: April 17, 2017

There have been a total of 28 completed sales and 22 new listing in Whistler and Pemberton over the past 7 days.

New Whistler Real Estate Listings

There are 19 new listings to review in Whistler this week:

Address Area Type Beds/
Baths
Other List
Price
3349 Peak Drive Blueberry Chalet 4 / 4.5 $3,995,000
23 Pinnacle Ridge Benchlands Townhouse 3.5 /3.5 $2,850,000
41 Fitzsimmons Walk White Gold Townhome 5 / 4.5 Phase I $2,795,000
6435 Balsam Way Whistler Cay Chalet 3 / 3 1 Bed Suite $1,699,000
7333 Toni Sailer Lane White Gold Chalet 1.5 / 1 $1,595,000
11 Forest Trails Benchlands Townhouse 2 / 2 $1,050,000
205 Greyhawk Blueberry Condo 2.5 / 2 $989,000
32 Snowridge Nordic Townhouse 2 / 2 $924,900
367 The Aspens Benchlands Condo 1 / 1 Phase I $679,000
210 Tyndall Stone Lodge Village Condo 1 / 1 Phase I $619,000
208 Wildwood Benchlands Condo 1 / 1 Phase I $579,000
643 Four Seasons Resort Benchlands Condo 1 / 2 Phase II $499,000
3-2150 Gondola Village Whistler Creek Townhouse 1 / 1 Phase I $425,000
320 Alpenglow Village Condo 0.5 / 1 Phase II $329,000
21B At Nature’s Door Nordic Condo 3.5 / 3.5 Tenth Share $164,500
6G At Nature’s Door Nordic Condo 3.5 / 3.5 Tenth Share $164,500
317B Evolution Whistler Creek Condo 1 / 1 Quartershare $98,000
211/311 Village Gate House (Week 14) Village Condo 1.5 / 2 Timeshare $22,000
219 Woodrun (Week 34) Benchlands Condo 2 / 2 Timeshare $7,500

New Pemberton Real Estate Listings

This week, there are only 2 new listings in Pemberton to review:

  • 1695 Reid Road – A 5.1 acre property in Ivy Lake Estates with breathtaking views of Mount Currie. Listed at $619,000.
  • 27 Monte Vale – A 3.5 bedroo townhome with views and over 1,600 square feet of living space. Listed at $559,900.

Whistler & Pemberton Real Estate Sales

Over the past 7 days there have been 28 completed sales. You can see them all here.

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Pemberton Real Estate Market Update: April 2017

Date Posted: April 14, 2017

Pemberton Market Activity: Quarter 1

Although buyer interest in Pemberton continues to grow, the Pemberton real estate market finds itself in a similar situation to that of Whistler – A limited supply of properties being offered for sale. So, although the number of transactions that have occured so far this year remains relatively consistent, values have risen across the board in all market areas.

As prices have risen throughout the Sea-to-Sky, many buyers have looked to Pemberton as an affordable alternative. Despite increasing values, this trend has continued and interest has increased for more affordable properties in the Village of Pemberton and surrounding areas, resulting in fast sales that are often under multiple offer situations.

Breaking Down the Numbers

Single-Family Homes: The current average transaction value in $715,000, as 12% increase since the start of the year.

Townhomes: Began the year with an average transaction value of $395,009 and now sit at $442,000.

Condos: Average transaction values have increase from $252,337 at the start of the year to $272,000.

Looking Forward

Despite the fact that several new high and low density projects are expected to come to the market within the next 12 to 18 months, we expect that the real estate market will continue to favour sellers – at least for the short term. We also expect that prices will continue to rise through the coming months, tempered only by the affordability concerns that attract many buyers to the area.


Whistler Real Estate Market Update: April 2017

Date Posted: April 12, 2017

Whistler Market Activity: 2017 Quarter 1

Throughout the first quarter of 2017, market activity in Whistler remained fairly consistent with what we saw in the final quarter of 2016. However, it was well below what we witnessed for the first quarter of 2016. The primary contributing factor for this trend is the historically low inventory levels the market is currently seeing.

Due to the lack of properties for sale, the number of sales (and thus activity levels) has been substantially restricted despite the fact that we have not seen any drop in buyer interest. As a result, values have continued to trend upwards.

Through the first quarter of 2017, average transaction values in Whistler have increased to by over 13% since the start of the year and now sit at $1,025,323.

Breaking Down the Numbers

Single Family Homes: As buyer focus shifts more and more towards higher priced properties (due to lack of choices in the lower price ranges), this segment of the market has seen the greatest price gains. The current average transaction values now sits at $2,623,471.

Townhomes: The average value for a townhome in Whistler has risen from $947,000 at the end of 2016 to $1,062,000.

Condos: Currently sitting at $485,390, condos have also seen a sharp rise in average values.

Luxury Properties: So far this year, 12% of all the transactions that have occurred have been over the $2 Million ‘luxury threshold’.

Looking Forward

For the coming months, we can expect that the combination of low supply and high demand will continue to drive market trends – impacting both activity levels and prices.

Despite a somewhat unpredictable political environment both internationally and locally, general and local economic conditions suggest continued buyer/investor confidence. Whistler’s strong tourism programs, combined with Vail Resorts name recognition will insure continued interest in the area.


NEW LISTING! Lot 36 Owl Ridge – NOW SOLD!

Date Posted: April 11, 2017

A Single-Family Building Lot in Pemberton

$469,000

Build the home of your dreams on this stunning view lot in Owl Ridge, just 10 minutes from Downtown Pemberton. South facing exposure captures stunning views and all day sun. This is the perfect escape away from the hustle and bustle. More >>


This Week in Whistler Real Estate: March 27 – April 2

Date Posted: April 3, 2017

Over the past 7 days were have seen 23 completed sales and 21 new listings in Whistler and Pemberton.

New Whistler Real Estate Listings

Here are the 15 new listings in Whistler this week:

Address Area Type Beds/
Baths
Other List
Price
3242 Archibald Way Alta Vista Chalet 4 / 4.5 1 Bed Suite $3,695,000
42 The Gables Benchlands Townhouse 2.5 / 2 $1,499,000
9262 Emerald Drive Emerald Estates Chalet 2 / 2 $1,199,000
2605 Callaghan Drive Bayshores Duplex 3 / 2.5 $995,000
130 Greyhawk Blueberry Condo 2 / 2 Phase I $899,000
306 Powderhorn Benchlands Condo 2.5 / 2 Phase I $830,000
545 The Aspens Benchlands Condo 1 / 1 Phase I $649,900
207 Nordic Court Nordic Condo 2 / 1 Employee $495,000
512 Alpenglow Village Condo 1 / 1 Phase II $459,000
D104 Tamarisk Whistler Creek Condo 1 / 1 $449,000
318 Market Pavilion Village Condo 0.5 / 1 Phase I $419,000
4409 Pan Pacific Village Centre Village Condo 1 / 1 Phase II $399,000
309 Alpenglow Village Condo 0.5 / 1 Phase II $340,000
207B Evolution Whistler Creek Condo 1 / 1 Quartershare $91,000
130 Northstar Village Condo 2 / 2 Timeshare $13,500

New Pemberton Real Estate Listings

There are 6 new listings in Pemberton to take a look at:

Whistler & Pemberton Real Estate Sales

Over the past 7 days there have been 23 completed sales. You can see them all here.

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