Blog by Dave Burch

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Whistler Summer Real Estate Update


The Real Estate Market in Whistler, BC has been very active from the beginning of 2007 through the entire Summer.  Purchasers of Real Estate in Whistler have been buying Single Family Homes and family oriented Townhouse and Condominiums.  All other markets, including Phase I and Phase II rental properties, Shared Ownership properties as well as Luxury homes are showing improvements in both number of units sold and average value.

The total number of sales this year was $540 million, which is nearly 30% more over the same period last year. Similarly, the total number of sales was 590 units, which is up 25% over the same period last year.

 2007 vs 2006 Quarter Stats

Chalets      1st Quarter         2nd Quarter

2007              36                        39

2006              21                        25

Condominiums

2007              97                       156

2006              83                      79

PROPERTY PRICING

Given the declining number of listings and the increasingly strong interest in purchasing in the Whistler area we expect that prices will continue to strengthen for the foreseeable future.