JUST LISTED – 12 Pioneer Junction – NOW SOLD

Date Posted: April 27, 2018

A 2 Bedroom Condo in Pemberton

$469,000

2 Bedroom   |   1 Bathroom   |   784 Sq.Ft.   |    Condo

Pioneer Junction is a popular complex just a short stroll from One Mile Lake, trails, schools, and town. With geothermal temperature control, this updated top floor, corner condo is move-in ready. From the bright and airy living spaces to the spacious bedrooms to the mountain views, you will feel right at home here. Call today for your personal tour.

See the photos & find out more here.

Listed: April 2018


JUST LISTED – 205G1 Horstman House – NOW SOLD

Date Posted: April 26, 2018

A 2 Bedroom Quartershare Condo

$259,000

2 Bedroom   |   2 Bathroom   |   947 Sq.Ft.   |    Condo

This quartershare condo sits in a premier Benchlands location on the ski-home trail from Blackcomb Mountain. Owners can enjoy one week of use per month for personal use, or rent out your weeks to earn revenues to offset the costs of ownership. Fully furnished and equipped, this condo is ready for your summer getaways!

See the photos & find out more here.

Listed: April 2018


Pemberton Market Update: April 2018

Date Posted: April 19, 2018

2018 Quarter 1 Review

Through the first quarter of 2018, Pemberton continues to attract increasing attention, especially as prices continue to rise throughout the southern end of the Sea to Sky Corridor. Many ex-Whistlerites, young families, retierees, and outdoor enthusiasts continue to discover and turn to Pemberton to fulfill their real estate goals. As a result, the Pemberton real estate market has experienced a strong start to the year.

 

The Pemberton market saw an increase in the number of transactions throughout the first 3 months of the year compared to the same period in 2017. This was paired with a 6.1% increase in overall average transaction value which now sits at $517,244. There is strong demand for all property types, but the single-family home segment has been particular active so far this year.

Breaking the numbers down a little more:

  • Single-Family Homes: Average value now sits at $816,900
  • Towhomes: Average value now sits at $609,375
  • Condos: Average value now sits at $385,429

What We Expect Moving Forward

The great news for Pemberton is that it is currently in the midst of an economic boom. There has been lots of investment throughout the residential and commercial sectors – partially evidenced by the hub of activity in the Pemberton Industrial Park and the several new residential developments underway.

All that said, we continue to feel the impact of low supply levels and high buyer interest. As a result, well-priced properties are generally selling very quickly and we don’t expect this to change too much in the short-term.

If you are curious about what your home is worth in today’s market, or if you are wondering how to be successful as a buyer in this market, or even if you are just looking to stay up-to-date on the current market trends, contact me and I will be happy to discuss the current market with you and how you can accomplish your real estate goals.

*All stats deemed to be accurate and taken from the Whistler Listing System, April 2018


Whistler Market Update: April 2018

Date Posted: April 19, 2018

2018 Quarter 1 Review

It seems like winter is hanging around just a little longer than usual this year, but as we move into spring and begin to lookforward to the summer season, it is time to take a look at how the Whistler real estate market has been performing so far in 2018. The good news is that buyer interest is still strong and, the market has therefore maintained a fairly steady pace.

Sales prices, on the other hand, have continued to rise in all categories, primarily due to the shortage of supply compared to demand. Built properties in Whistler are not consistently exceeding $1,000 per square foot – this puts Whistler on par with many other popular ski resort destinations in North America.

Over the first 3 months of 2018 we have seen a 23% increase in sales activity compared to where we stood at the end of 2017; however, the first quarter of this year has slowed by about 10% when compared to the first quarter of 2017. Overall market values are a different story – compared to the end of 2017, we have seen a 13% increase in average value to $1,309,300 and a 16.6% increase in median value to $995,000.

The condominium and townhouse segments of the Whistler real estate market continue to be the most active market segments and account for 70% of the total market activity so far this year.

 

Breaking the numbers down a little more:

  • Single-Family Homes: Average value increased from $2,835,000 by the end of 2017 to $3,253,000.
  • Towhomes: 37% increase in average values $1,581,000
  • Condos: 11% increase in average values to $662,583

What We Expect Moving Forward

Nothing has changed in Whistler as far as supply goes and we continue to experience record lows in the number of listings available for sale. As a result of this and continued buyer interest, sellers can expect immediate activity on most well-priced properties.

That said, many of the recent announcements from the Provincial Government regarding real estate investment and the new financial/mortgage regulations are resulting in higher levels of uncertainty for some buyers. So, we are expecting that market activity will moderate moving forward.

 

If you are curious about what your home is worth in today’s market, or if you are wondering how to be successful as a buyer in this market, or even if you are just looking to stay up-to-date on the current market trends, contact me and I will be happy to discuss the current market with you and how you can accomplish your real estate goals.

*All stats deemed to be accurate and taken from the Whistler Listing System, April 2018


REDUCED: 201G3 Horstman House – NOW SOLD

Date Posted: April 6, 2018

NEW PRICE: $132,500

Was Listed at: $135,000

This is an excellent opportunity to own your own pieve of Whistler for a fraction of the cost. As an owner of this quartershare property you can enjoy this fully furnished and equipped one bedroom condo at the base of Blackcomb for one week each month. When you are not using your suite, it is rented out by the on-site manager and revenues can be used to help ofset the cost of ownership. An ideal solution for a hassle-free Whistler vacation getaway! More >>