March 31 ended our 1st quarter of the year and this prompts me to compile a quick 2012 Q1 YTD review compared to the sales figures we saw during the same time in 2011. Please note that the figures in brackets are the average sale price for the quarter.
Total Whistler sales 137 ($716k) compared to 127 2011 ($640k)
24 chalet (1,636k) compared to compared to 21 2011 ($1,197k)
43 Condo ($443k) compared to 47 2011 ($547k)
49 Townhouse ($708K) compared to 35 2011 ($684k)
15 Shared Owner ($98k) compared to 17 2011 ($127k)
2 duplex ($629k) compared to 2 2011 ($812k)
3 vacant land ($776k) compared to 3 2011 ($863k)
In the past 7 days we had 21 new listings, 27 price reductions and 12 sales take place. This compares to 24 new Listings, 28 price reductions and 21 sales that we saw the previous week. The big number this week was in the 35 Expiries we saw on the 1st. As always it will be interesting to see if these properties come back on the market, and if they do, will there be a reduction in price?
Overall we have seen the majority of purchasers come from the lower Mainland, a trend that I feel we will continue to see as Vancouver purchasers continue to capitalise on a strong Vancouver market and weakened Whistler one.
Please click here to view the past weeks new listings and price changes as reported by the Whistler Listing System.
8 properties that I feel are ready to move can be viewed here. I will add that this list includes 2 new listings of mine (102 Highland Annex and 63 Glaciers Reach) as the vendors are keen to see offers.
If you have family or friends looking into the Whistler market, now is a great time to get started. This year I am focusing on growing my referral business. I would welcome the opportunity to earn their business and in return I would extend a referral fee to you to say thank you for recommending me.
Warm regards,
Nick
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