Pemberton Market Update

The Pemberton Real Estate Market – Quarter 3

Over the course of the first three quarters of 2014, the Pemberton real estate market has shown signs of growth and we are encouraged by the performance indicators that we are seeing. We have seen a growth of about 50% over the course of the past 9 months in both the total number of transactions and the value of those transactions when we compare them to the same 9-month period in 2013.

Family oriented housing remains one of the strongest segments of the Pemberton real estate market. That being said, we did see an increase in interest for rural and recreational acreage property growing over the course of the summer. The condo market continues to show the highest levels of activity.

Here is a breakdown of the current average values in Pemberton:

  • Single Family Home: $486,000
  • Townhome: $312,300
  • Condominium: $169,275

Pemberton and the surrounding area continue to be the most affordable real estate option in the Sea-to-Sky corridor and we expect demand to remain high for the forseeable future.

The market is changing and improving – if you have any questions or are thinking of buying or selling, contact me for more information directly related to your area of the market.Keeping up-to-date on the market trends can be complicated. Let me make the process simple, efficient, and informative.

This information is deemed to be accurate and taken from the Whistler Listing System – October 2014

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