We have been busy with assessments. Many homeowners are calling as numerous assessments now exceed market value. The first quarter of 2018 was definitely the peak of the market and prices quickly retracted about 10 percent. Last year at this time, we hit a record for lack of inventory with only 140 listings on the market. Today our inventory has since doubled with 280 listings. Bear in mind, this is still a historical low as the highest inventory was in 2012 with over 1000 properties listed for sale. We still may be showing signs of a further cooling off as the sales are down half of what they were last year. In the last 30 days there have been 27 sales and in the same period (12 months ago) we had double the transactions of 61 sales. In summary, listings have doubled as sales have dropped in half. This may just bring some sort of normalcy back to the market. Time will tell.
We offer all the real estate services you need
Macdonald Realty was founded in Vancouver in 1944 and has continued to grow through the years and the changes in the real estate market. We’re solid, established and respected, with 20 offices throughout British Columbia. Today, we’re Western Canada’s largest independent full service real estate company, with Residential, Commercial, Property Management and Project Marketing divisions. And we’re still proudly BC owned and operated.
About Shauna
As an agent with the largest realtor network in Canada, Macdonald Realty, Shauna O’Callaghan, works locally on a national scale. Shauna’s excellent reputation is the result of unparalleled respect for clients and market smarts.
Market News
Sign Up for Market Updates and More!
Recent News
Information
Keep In Touch
Office
Macdonald Realty
#124, 4338 Main St
Whistler, BC V0N 1B4
7409 Treetop Lane
Whistler, BC
Call Us
Mail to
© Copyright 2020 Shauna O’Callaghan – Site Crafted By: Whistler Web & Print