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Whistler real estate market update for Quarter 3
Hello from Whistler,For those of us in this neck of the woods, this weekend brings with it two joyous occasions; Thanksgiving and the Turkey Sale. For those who are wondering, the Turkey Sale is a weekend sale here in Whistler of all things equipment related to skiing and snowboarding. There are always some great buys to be had, and both the sale and Thanksgiving mark the start of the snow season countdown. All in all it will be another great long weekend to be here.Overall Whistler real estate activity has been steady and September 30 marked the end of Quarter 3 of the year.
We had 754 Active listings in the above categories for the end of September or an absorption rate of 16.1%, the cusp between a buyer market and a balanced market (15% – 20% is regarded as balanced). If we remove Shared Owner and Vacant property from the equation, we are left with 593 active listings at the end of September, 97 sales and a rate of 16.3% absorption. I expect to see a few more late sales posted for September, moving these percentages up. Overall listing supply has been on a steady decline since this time last ... more

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