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Whistler real estate market update for Aug. 16

By
Real Estate Sales Representative with Thornhill Real Estate Group Whistler

Whistler valley has been enjoying a stretch of good weather with highs in the 80’s these past few weeks. This week Whistler is in the middle of the Crankworx mountain biking festival with the Red Bull Joyride slope-style and big air set to kick off at 5:30pm this Saturday. It should be a great show.

The past 2 weeks brought 27 new listings, 26 Price changes and 15 registed sales in the Whistler real estate market.

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Please contact me directly for a list of accepted sales that have not yet registered.

Whistler had 47 sales in July 2012 with an average list price of $659,000 and average sale price of $621,000. The same time last year gave us 29 sales with an average list price of $654,000 and average sale price of $626,000. This makes July 2012 one of the highest sales months we have seen in the past few years. Although we still have not seen the historical increase of listings in the summer months that we have seen in previous years, we still remain in a Buyer’s market with a good amount of inventory to choose from. This said if priced correctly and in a desirable location, inventory is moving, with Townhomes leading the charge.

Also of note: sales to date for 2012 are higher than the past 4 years and we currently have the lowest amount of inventory since 2008.

I would encourage you to contact me sooner than later if a Whistler purchase is something you are interested in. I have several options in phase I and II as well as standard residential properties that I feel offer value. Price points from $200k to $550k in the phase I and II, 1 to 2 bedrooms.

If you have family or friends who are looking into the Whistler market, please forward my contact information to them. It would please me to be able to offer my services to them and extend a referral to you for your recommendation.

With my appreciation,

Nick

Nick Swinburne
REALTOR®

d: 1.604.935.4848
e: nick@nickswinburne.com


Sutton Group WestCoast Realty - Canada's #1 Real Estate Broker

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If you have friends or family who would like more information on these or other Whistler opportunities, please feel free to forward my contact info to them. It would please me to know that I can be of service.

Thank you,
Nick

For a list of current well valued properties visit my "Pick's of the week" page.

Nick Swinburne REALTOR®
Sutton Group WestCoast Realty - Canada's #1 Real Estate Broker*
direct: 1.604.935.4848
email: nick@nickswinburne.com

www.nickswinburne.com

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