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To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
After reaching record levels in 2015 and 2016, Metro Vancouver home sales returned to more historically normal levels in 2017. Home listings, on the other hand, came in several thousand units below typical activity.
The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties reached 35,993 on the Multiple Listing Service® (MLS®) in 2017, a 9.9 per cent decrease from the 39,943 sales recorded in 2016, and a 15 per cent decrease over the 42,326 residential sales in 2015.
Last year’s sales total was, however, 9.7 per cent above the 10-year sales average.
“It was a steady year for home sales across the region, led by condominium and townhome activity, and a quieter year for home listings,” Jill Oudil, REBGV president said. “Metro Vancouver home sales were the third highest we’ve seen in the past ten years while the home listings total was the second lowest on record for the same period.”
Home listings in Metro Vancouver reached 54,655 in 2017. This is a 5.1 per cent decrease compared to the 57,596 homes listed in 2016 and a 4.5 per cent decrease compared to the 57,249 homes listed in 2015.
Last year’s listings total was 4.4 per cent below the 10-year listings average.
“Market activity differed considerably this year based on property type,” Oudil said. “Competition was intense in the condominium and townhome markets, with multiple offer situations becoming commonplace. The detached home market operated in a more balanced state, giving home buyers more selection to choose from and more time to make decisions.”
The MLS® HPI composite benchmark price for all residential properties in Metro Vancouver ends the year at $1,050,300. This is up 15.9 per cent compared to December 2016.
The benchmark price of condominiums increased 25.9 per cent in the region last year. Townhomes increased 18.5 per cent and detached homes increased 7.9 per cent.
“Strong economic growth, low interest rates, declining unemployment, increasing wages and a growing population all helped boost home buyer demand in our region last year,” Oudil said.
December summary
Sales of detached, attached, and apartment properties totalled 2,016 in the region in December 2017, a 17.6 per cent increase from the 1,714 sales recorded in December 2016 and a 27.9 per cent decrease compared to November 2017 when 2,795 homes sold.
Last month’s sales were 7.5 per cent above the 10-year sales average for the month.
“As we move into 2018, REALTORS® are working with their clients to help them understand how changing interest rates and the federal government’s new mortgage qualifications could affect their purchasing power,” Oudil said. “Only time will tell what impact these rules will have on the market.
“Home buyers today should get pre-approved before making an offer to ensure that your home buying goals align with your financial situation,” Oudil said.
There were 1,891 residential homes newly listed for sale in December 2017. This represents a 44.1 per cent increase compared to the 1,312 homes listed in December 2016 and a 54 per cent decrease compared to November 2017 when 4,109 properties were listed.
The total number of homes currently listed for sale on the MLS® in Metro Vancouver is 6,958, a 9.7 per cent increase compared to December 2016 (6,345) and a 20.5 per cent decrease compared to November 2017 (8,747).
The sales-to-active listings ratio for December 2017 is 29 per cent. By property type, the ratio is 14.4 per cent for detached homes, 38.8 per cent for townhomes, and 59.6 per cent for condominiums.
Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
Sales of detached properties in December 2017 reached 617, a 14 per cent increase from the 541 detached sales recorded in December 2016. The benchmark price for a detached home in the region is $1,605,800. This represents a 7.9 per cent increase compared to December 2016.
Sales of apartment homes reached 1,028 in December 2017, a 12.3 per cent increase compared to the 915 sales in December 2016.The benchmark price of an apartment in the region is $655,400. This represents a 25.9 per cent increase compared to December 2016.
Attached (or townhome) property sales in December 2017 totalled 371, a 43.8 per cent increase compared to the 258 sales in December 2016. The benchmark price of an attached home in the region is $803,700. This represents an 18.5 per cent increase compared to December 2016.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
In the Whistler market, the benchmark sale price was $1,363,200 with an average days on market of 73 days for detached homes. At the end of February, there were 15 sales and 54 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 25 sales and 79 active listings. The benchmark sale price was $406,300, and the average days on market were 30.
Townhome featured 20 sales, 39 active listings and a $842,800 benchmark sale price with 56 days on market average
It’s a seller’s market in Whistler.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
Greetings from Whistler on Family Day where we are celebrating with sunshine and perfect snow conditions after the huge snowfall last week.
See you soon and let us know how we can assist with your real estate needs. We are hard at work.
Our challenge in our market is the lack of selection; so let’s get working together to find your next Whistler investment or if you are thinking
about selling take advantage of record high prices for Sellers.
Here is a link to view all chalets on the market
Here is a link to view all townhomes on the market
Here is a link to view all the Phase One condos for sale
Here is a link to view all the Phase Two condo hotels for sale
Whistler 2016 Real Estate Statistics
2016 was certainly an interesting year in Whistler Real Estate, we saw prices soar and inventory drop to some of the lowest numbers in recent years.
See the full statistics on our Blog, click here.
Market Report 2016-17:
Macdonald Realty Annual Review and Forecast
It would be an understatement to say 2016 was a memorable year for BC real estate. The recent spate of policy changes, along with a looming provincial election, have given buyers and sellers much information to absorb as we enter the 2017 spring market. The Feature Story of our 2016-17 Market Report, “The BC real estate market in 2016: a year with many chapters“, offers an industry insiders look at these important changes.
The Market Report contains a 2016 review and 2017 forecast for each of our geographic markets across B.C., contributed by our local managers, as well as summaries from our residential, commercial, property management, project marketing and global relocation divisions.
Read or download the full report on our Blog, click here.
In the Whistler market, the benchmark sale price was $1,354,600 with an average days on market of 109 days for detached homes. At the end of January, there were 9 sales and 56 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 13 sales and 79 active listings. The benchmark sale price was $402,300, and the average days on market were 62.
Townhome featured 15 sales, 35 active listings and a $808,800 benchmark sale price with 32 days on market average
It’s a buyer’s market for houses and condos.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
The Metro Vancouver* housing market had its third highest selling year on record in 2016, behind only 2015 and 2005.
Sales of detached, attached and apartment properties in the region reached 39,943 in 2016, a 5.6 per cent decrease from the 42,326 sales recorded in 2015, and a 20.6 per cent increase over the 33,116 residential sales in 2014.
“It was an eventful year for real estate in Metro Vancouver. Escalating prices caused by low supply and strong home buyer demand brought more attention to the market than ever before,” Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said.
“As prices rose in the first half of the year, public debate waged about what was fuelling demand and what should be done to stop it. This led to multiple government interventions into the market. The long-term effects of these actions won’t be fully understood for some time.”
Residential properties listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver reached 57,596 in 2016. This is an increase of 0.6 per cent compared to the 57,249 properties listed in 2015 and a 2.6 per cent increase compared to the 56,066 properties listed in 2014.
“The supply of homes for sale couldn’t keep up with home buyer demand for much of 2016. This allowed home sellers to raise their asking price. It wasn’t until the last half of the year that prices began to show modest declines.”
The MLS® Home Price Index (HPI) composite benchmark price for all residential properties in Metro Vancouver ends the year at $897,600. This represents a 2.2 per cent decrease over the past six months and a 17.8 per cent increase compared to December 2015.
December summary
Residential property sales in the region totalled 1,714 in December 2016, a decrease of 39.4 per cent from the 2,827 sales recorded in December 2015 and a decrease of 22.6 per cent compared to November 2016 when 2,214 homes sold.
Last month’s sales were 8.1 per cent below the 10-year sales average for the month.
New listings for detached, attached and apartment properties in Metro Vancouver totalled 1,312 in December 2016. This represents a decrease of 35.1 per cent compared to the 2,021 units listed in December 2015 and a 58.3 per cent decrease compared to November 2016 when 3,147 properties were listed.
The total number of properties currently listed for sale on the MLS® in Metro Vancouver is 6,345, a 5.3 per cent increase compared to December 2015 (6,024) and a 24.3 per cent decrease compared to November 2016 (8,385).
Sales of detached properties in December 2016 reached 541, a decrease of 52.4 per cent from the 1,136 detached sales recorded in December 2015. The benchmark price for detached properties is $1,483,500. This represents an 18.6 per cent increase compared to December 2015 and a 1.8 per cent decrease compared to November 2016.
Sales of apartment properties reached 915 in December 2016, a decrease of 25.3 per cent compared to the 1,225 sales in December 2015.The benchmark price of an apartment property is $510,300. This represents a 17.3 per cent increase compared to December 2015 and a 0.3 per cent decrease compared to November 2016.
Attached property sales in December 2016 totalled 258, a decrease of 44.6 per cent compared to the 466 sales in December 2015. The benchmark price of an attached unit is $661,800. This represents a 20.4 per cent increase compared to December 2015 and a 0.8 per cent decrease compared to November 2016.
Download the December 2016 stats package by clicking here
2016 was certainly an interesting year in Whistler Real Estate, we saw prices soar and inventory drop to some of the lowest numbers in recent years.
Here are the 2016 year end statistics for you:
To download a a .pdf version of this presentation please click here.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
In the Whistler market, the benchmark sale price was $1,354,500 with an average days on market of 72 days for detached homes. At the end of December, there were 2 sales and 60 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 25 sales and 68 active listings. The benchmark sale price was $401,100, and the average days on market were 52.
Townhome featured 13 sales, 34 active listings and a $807,100 benchmark sale price with 70 days on market average
It’s a seller’s market for condos and townhomes.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
Originally posted on the Macdonald Realty Blog December 15, 2016 by Jonathan Cooper
A real estate company vice president on his homebuying journey
KEY TAKEAWAYS
Selling my home was, of course, just the first of two chapters.
In part one of this series, I wrote about my experience listing my home and the many ways that our agent helped make the selling process easier and more successful.
When my wife and I woke up the next morning, we found ourselves buyers in the red-hot Vancouver housing market.
We wanted to stay, broadly, in the same Kitsilano area — close to my office, the kids’ grandparents and family-friendly community amenities.
We were searching for a three-bedroom condo, ground-oriented, hopefully with some outdoor space: essentially, the same thing every young family was eyeing in that neighborhood.
Advantage, seller
In the spring 2016 market, every listing that did not have serious defects was selling over asking price, with multiple, subject-free offers.
I work at a real estate company with some 700-plus agents. Our listing agent did a phenomenal job, but as a senior manager at the firm, I needed to share the business around, so we worked with a different buyer’s agent.
After some consideration, I selected someone who I knew to be both hard working and consistently positive. Buying our next home wasn’t going to be easy, and my wife and I wanted to work with an agent who could maintain optimism even if we lost out in a few multiple-offer situations.
A stand-out job early on
We started looking. We spent three weeks going to dozens of open houses.
We came close to writing a few offers, but there were so many other interested parties that we knew the price would push well beyond our budget.
We were starting to get discouraged, and a bit nervous; we only had a few months until we had to move!
Our agent stayed in daily communication with us, and he was always available by cell phone. He didn’t just send us listing auto alerts from the MLS, as many agents in our market do, but personally reviewed all the new inventory as it came out and only sent us the listings that conformed to our core dealbreakers.
’10 out of 10′
After about a month, our agent alerted us to a listing that was only two blocks away from our current home. It was one of a few unsold listings in an already-completed new development.
The photos online were underwhelming, but our agent saw past that. He pointed out that the floor plan might be perfect for us. My wife visited the unit that same afternoon, and sent me a text message: “10 out of 10!”
An hour later, we went for a second look with our Realtor.
Although it was officially listed as a ‘two bedroom,’ it had a large, exterior-facing den. Our agent brought his tape measure, and we mapped out how to convert it into a third bedroom.
And although half the unit faced on to a busy street, because it was built with modern concrete construction, it was very quiet inside. Within three hours of the first viewing, we bought the condo.
Every step of the way
In the weeks before our move, our agent diligently followed up with the developer to ensure the few interior and appliance deficiencies were addressed. He handled all the closing details — the keys, the strata (HOA), the paperwork — so that we could focus on packing up our things.
Every step of the way, our agent added value to the buying process.
He didn’t just wait for us to ask him questions, but was proactive in reaching out to us and making sure we were seeing the right homes. Finding a new home with two small kids in tow is stressful, and our agent was always available.
Even late at night, we could give him a call and talk through options, next steps and strategies.
Just as our listing agent was able to realize a higher sale price for us through his full service approach, our buying agent saved us tens of thousands of dollars by finding a listing that did not on the face of it meet our needs, but worked great when we scratched beneath the surface.
Working with full-time, committed real estate professionals in both selling and buying helped us achieve a successful transition in our lives with a minimum of stress.
In North America, where everyone knows 10-plus agents, the ones who do it right set themselves apart.
Jonathan Cooper is vice president, operations at Macdonald Real Estate Group. You can follow him on Twitter @jtscooper or on LinkedIn.
To keep you up to date with the Real Estate Listings in Whistler, here are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
To keep you up to date with the Real Estate Listings in Whistler, here is are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
Home sales and listings just below 10-year average
Home buyer and seller activity remains near historical averages in the Metro Vancouver housing market.
Residential home sales in the region totalled 2,214 in November 2016, a decrease of 0.9 per cent from the 2,233 sales recorded in October 2016 and a decrease of 37.2 per cent compared to November 2015 when 3,524 homes sold.
Last month’s sales were 7.6 per cent below the 10-year sales average for the month.
“While 2016 has been anything but a normal year for the Metro Vancouver housing market, supply and demand totals have returned to more historically normal levels over the last few months,” said Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president.
New listings for detached, attached and apartment properties in Metro Vancouver totalled 3,147 in November 2016. This represents a decrease of 20.9 per cent compared to the 3,981 units listed in October 2016 and a 7.2 per cent decrease compared to November 2015 when 3,392 properties were listed.
Last month’s new listing count was 1.2 per cent below the region’s 10-year new listing average for the month.
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 8,385, an 8.3 per cent decrease compared to October 2016 (9,143) and a 3.6 per cent increase compared to November 2015 (8,096).
The sales-to-active listings ratio for November 2016 is 26.4 per cent. This is up two per cent from last month (24.4 per cent).
Downward pressure on home prices can occur when the ratio dips below the 12 per cent mark for a sustained period, while home prices can experience upward pressure when it surpasses 20 per cent over several months.
“Demand, relative to supply, for detached homes is lower right now than demand for townhomes and apartments,” Morrison said. “This is causing prices to remain stable, or flat, for townhomes and apartments, while detached homes are seeing modest month-over-month declines.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $908,300. This represents a 1.2 per cent decrease compared to last month and a 20.5 per cent increase compared to November 2015.
Sales of detached properties in November 2016 reached 638, a decrease of 2.1 per cent from the 652 detached sales recorded in October 2016 and a 52.2 per cent decline over November 2015. The benchmark price for detached properties is $1,511,100. This represents a 2.2 per cent decline compared to last month and a 23 per cent increase compared to November 2015.
Sales of apartment properties reached 1,200 in November 2016, an increase of 1.9 per cent compared to the 1,178 sales in October 2016 and a 22.7 per cent decrease compared to November 2015.The benchmark price of an apartment property is $512,100. This is unchanged from last month and is an 18 per cent increase compared to November 2015.
Attached property sales in November 2016 totalled 376, a decrease of 6.7 per cent compared to the 403 sales in October 2016 and a 40.9 per cent decline compared to November 2015. The benchmark price of an attached unit is $667,100. This represents a 0.3 per cent decrease compared to last month and a 23 per cent increase compared to November 2015.
To keep you up to date with the Real Estate Listings in Whistler, here is are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
To keep you up to date with the Real Estate Listings in Whistler, here is are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
To keep you up to date with the Real Estate Listings in Whistler, here is are links to all properties listed and sold in the last 7 days.
If you are interested in any of the properties or have any other questions, always feel free to contact us!
New listings in the last 7 days
Sold listings in the last 7 days
Residential property sales in the region totalled 2,233 in October 2016, a 38.8 per cent decrease from the 3,646 sales recorded in October 2015 and a 0.9 per cent decrease compared to September 2016 when 2,253 homes sold. Last month’s sales were 15 per cent below the 10-year October sales average.
“Changing market conditions compounded by a series of government interventions this year have put home buyers and sellers in a holding pattern,” Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said. “Potential buyers and sellers are taking a wait-and-see approach to try and better understand what these changes mean for them.”
New listings for detached, attached and apartment properties in Metro Vancouver totalled 3,981 in October 2016. This represents a decrease of 3.5 per cent compared to the 4,126 units listed in October 2015 and a 17 per cent decrease compared to September 2016 when 4,799 properties were listed.
Last month’s new listing count was 9.5 per cent below the region’s 10-year new listing average for the month.
The total number of properties currently listed for sale on the MLS® system in Metro Vancouver is 9,143, a 4.5 per cent decrease compared to October 2015 (9,569) and a 2.3 per cent decrease compared to September 2016 (9,354).
The sales-to-active listings ratio for October 2016 is 24.4 per cent. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“While sales are down across the different property types, it’s the detached market that’s seen the largest reduction in home buyer demand in recent months,” Morrison said. “It’s important to work with your local REALTOR® to help you navigate today’s changing trends.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $919,300. This represents a 24.8 per cent increase compared to October 2015 and a 0.8 per cent decline compared to September 2016.
Sales of detached properties in October 2016 reached 652, a decrease of 54.6 per cent from the 1,437 detached sales recorded in October 2015. The benchmark price for detached properties is $1,545,800. This represents a 28.9 per cent increase compared to October 2015 and a 1.4 per cent decrease compared to September 2016.
Sales of apartment properties reached 1,178 in October 2016, a decrease of 23.7 per cent compared to the 1,543 sales in October 2015.The benchmark price of an apartment property is $512,300. This represents a 20.5 per cent increase compared to October 2015 and a 0.3 per cent increase compared to September 2016.
Attached property sales in October 2016 totalled 403, a decrease of 39.5 per cent compared to the 666 sales in October 2015. The benchmark price of an attached unit is $669,200. This represents a 25.7 per cent increase compared to October 2015 and a 1.1 per cent decrease compared to September 2016.
Download the complete stats package by clicking here
In the Whistler market, the benchmark sale price was $1,311,200 with an average days on market of 80 days for detached homes. At the end of October, there were 11 sales and 59 active listings.
In comparison, the condo market had 48 sales and 76 active listings. The benchmark sale price was $368,700, and the average days on market were 60.
Townhome featured 35 sales, 30 active listings and a $769,700 benchmark sale price with 40 average days on market.
It’s a seller’s market for condos and townhomes.
Whistler Real Estate Market Hot Sheet
Metro Vancouver* home sales dipped below the 10-year monthly sales average last month.
Metro Vancouver home sales totalled 2,253 in September 2016, a decrease of 32.6 per cent from the 3,345 sales recorded in September 2015 and a decrease of 9.5 per cent compared to August 2016 when 2,489 homes sold.
Last month’s sales were 9.6 per cent below the 10-year sales average for the month.
“Supply and demand conditions differ today depending on property type,” Dan Morrison, REBGV president said. “We’re seeing more demand for condominiums and townhomes today than in the detached home market.”
New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,799 in September 2016. This represents a decrease of one per cent compared to the 4,846 units listed in September 2015 and an 11.8 per cent increase compared to August 2016 when 4,293 properties were listed.
The total number of homes currently listed for sale on the MLS® system in Metro Vancouver is 9,354, a 13.4 per cent decline compared to September 2015 (10,805) and a 10 per cent increase compared to August 2016 (8,506).
The sales-to-active listings ratio for September 2016 is 24.1 per cent. This is the lowest this ratio has been since February 2015. Generally, analysts say that downward pressure on home prices occurs when the ratio dips below the 12 per cent mark for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.
“Changing market conditions are easing upward pressure on home prices in our region,” Morrison said. “There’s uncertainty in the market at the moment and home buyers and sellers are having difficulty establishing price as a result. To help you understand the factors affecting prices, it’s important to talk with a REALTOR®.”
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $931,900. This represents a 28.9 per cent increase compared to September 2015 and a 0.1 per cent decline compared to August 2016.
Sales of detached properties in September 2016 reached 666, a decrease of 47.6 per cent from the 1,272 detached sales recorded in September 2015. The benchmark price for detached properties is $1,579,400. This represents a 33.7 per cent increase compared to September 2015 and a 0.1 per cent increase compared to August 2016.
Sales of apartment properties reached 1,218 in September 2016, a decrease of 20.3 per cent compared to the 1,529 sales in September 2015.The benchmark price of an apartment property is $511,800. This represents a 23.5 per cent increase compared to September 2015 and a 0.5 per cent decline compared to August 2016.
Attached property sales in September 2016 totalled 369, a decrease of 32.2 per cent compared to the 544 sales in September 2015. The benchmark price of an attached unit is $677,000. This represents a 29.1 per cent increase compared to September 2015 and a 0.1 per cent decline compared to August 2016.
Download the complete stats package by clicking here
* Areas covered by Real Estate Board of Greater Vancouver include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, Pitt Meadows, Maple Ridge, and South Delta.
Business News Network (BNN) speaks with Jonathan Cooper, Vice President of Operations at Macdonald Real Estate Group about the impact of the new tax.
The B.C. government announced a new plan to introduce a 15% property transfer tax for non-Canadian citizens and non-permanent residents in Metro Vancouver. The move comes as the government attempts to combat the growing affordability crisis in the Vancouver area.
BNN Interview about the New 15% Foreign Buyers Tax
Here are the latest statistics for the Whistler Real Estate Market since the beginning of the year. It has been a busy one..
Whistler Real Estate Hot Sheet for June
The Whistler Real Estate Market in May
Here is an overview of the Whistler Market in May
Everything still moves very quickly, but we have seen a few more listings coming on the market
View New Listings from the past 7 days here.
View Solds from the past 7 days here.
The Vancouver effect?
Surrounding real estate markets experience price boost
The entire province had a record month for real estate sales.
Have you heard about the red-hot real estate market … in Parksville?
While the Vancouver’s market has been in the spotlight for its rapidly rising values, these sky-high growth rates are now trickling out to surrounding locations.
Read more… (CBC News)
Be the first to know that Whistler has been as busy as it has been in my 20 years of selling here! Let’s talk numbers thought so we see the big picture.
Today there are only 13 homes available to purchase between the price of $1.5M and $3M so you better give us a call quickly :-). Since the beginning of this year, a total of 137 homes in this price range sold. To make it easy to look at options today; feel free to click the following links:
Single family homes for Sale
Townhomes for Sale – Rental zoning
Condos do stay as long as your please
Phase Two – Let the Hotel General Manager know when you are coming
Click here for the full stats package for the first quarter of 2016!
Festival in Wistler this Summer!
GO Fest – Whistler’s Great Outdoors Festival – May 20 – 23
May is the month when summer and winter meet, where sliding on snow, golfing, bike riding and water sports can all be enjoyed on a single day. GO Fest falls on the Victoria Day Long Weekend, with four days of events to welcome warmer months and get everyone out and enjoying Whistler’s great outdoors. www.greatoutdoorsfest.com
Tough Mudder Whistler – June 18 & 19
The famous military-style Tough Mudder obstacle course meets the rugged Coast Mountains. Test your limits on the 16 – 19 km course (10 – 12 miles) course with more than 20 obstacles. Experience the true meaning of teamwork then take a well-deserved break in our stunning summer resort. www.toughmudder.com/events/2016-whistler
Vancouver Symphony Orchestra – July 1 – 2
The Vancouver Symphony Orchestra will once again play in Whistler this summer bringing classical music to Whistler Olympic Plaza, our beautiful outdoor concert space. Bring a chair or blanket and prepare to be amazed at the sound of a full orchestra playing under the stars. More infos here.
Subaru IRONMAN® Canada – July 24
Swim, bike and run through Whistler’s beautiful lakes, roads and trails this summer. New for 2016: Subaru IRONMAN® Canada 70.3 will be held on the same day, offering a different level of challenge over the same incredible terrain. Is it your year to complete an epic triathlon? Ironman Canada
Wanderlust Whistler – July 28 – August 1
Wanderlust Festival is an all-out, ecstatic celebration bringing together the world’s leading yoga teachers, top musical acts, renowned speakers, exquisite chefs, and thrilling performers. Book your accommodation for your mountain retreat, and prepare for an incredible journey with like-minded souls in 2016. www.wanderlust.com/festivals/whistler
Crankworx Freeride Mountain Bike Festival – August 12 – 21
Race, ride or simply watch the spectacle unfold – this world-famous festival celebrates the heart and soul of mountain biking. The best riders and biggest bike fans in the world come out for a week of gravity-fuelled racing, freeride competitions, kids events, gear demos and the chance to shred Whistler’s trails together. www.crankworx.com/festival/whistler
RBC GranFondo Whistler – September 10
Join fellow road cycling enthusiasts in the RBC GranFondo Whistler as they cycle the route from Vancouver to Whistler on the Sea to Sky Highway, over 122 kilometres of winding mountain road. Stay for the fun at the finish line celebrations and family events with great deals on accommodation. www.granfondowhistler.com
Whistler Village Beer Festival – September 16 – 18
The Whistler Village Beer Festival is held in September, a five day festival of craft beer and cider featuring two days of tasting events in Whistler Olympic Plaza plus cask nights, seminars, foodie nights and more. With over 200 beers on tap during the festival from more than 80 breweries, this is an event not to be missed. See details here.
We are working around the clock to find you a property regardless if it is listed for sale or not.
Sellers, there has never been more demand than there is today. Here’s what that means in terms of numbers; historically a strong market in Whistler meant that there were between 700 and 800 properties for sale. When the global crisis hit and our market slowed we had 1200 homes for sale. Today, there are only 261 properties in all of Whistler on the market!
We are seeing a lot of pressure for chalets under the price of $2.2 million. There have been no sales between $2.2 and $4 million so far this year. This price range is surprisingly slow as buyers seem to be jumping up in their budget and paying more for larger homes, properties that may be newer and offer 5,000 plus square feet. When you look at performance in our Luxury Market for homes priced over $4 million; we have had some historical high sales. Recently we had a record sale of $22 million dollars for a single-family home located in Stonebridge and a lot sale of $10 million. There have been many sales over $5 million which is an indication of the confidence that Whistler offers as an investment and also a result of our weak Canadian dollar.
Please work closely with us so we can make sure we’re on top of our game and working hard for you.
Click here to view New Listings in Whistler in the last 30 days.
Click here to view what’s Sold in Whistler in the last 30 days.
Whistler – February Hot Sheet
Macdonald Realty Recognized for Excellence in Service and Marketing at Global Real Estate Conference
Macdonald Realty received the prestigious Global Alliance Award from Leading Real Estate Companies of the World® (LeadingRE), a global network of more than 500 high quality independent real estate firms. The award was presented at the network’s Annual Awards Gala February 25 at the Fontainebleau Miami Beach. The event was part of LeadingRE’s Conference Week, which has attracted a distinguished audience of nearly 2,500 real estate professionals from 25 countries.
Winner Global Alliance Award
For the fourth consecutive year, Macdonald Realty was presented the Global Alliance Award. This award is presented to the international firm that closes the most cross-border referrals, utilizing the strength of the LeadingRE network to assist their local clients with global real estate investment and relocation services.
Read more here.
What’s happening in Whistler
The Audain Art Museum – now open
Whistler’s newest attraction opened last weekend, the Audain Art Museum. It is an iconic 55,230-square-foot museum that houses a unique collection of British Columbia art in Whistler Village. The Audain Art Museum has one of the world’s finest collections of old First Nations masks, an exceptional collection of Emily Carr paintings, works by some of Canada’s post war artists—including Jack Shadbolt, E.J. Hughes and Gordon Smith—and also works by other internationally famous contemporary artists. Visit the museum’s website here.
17 March – St. Patrick’s Day at the Dubh Linn Gate Irish Pub
Kick up yer heels as you celebrate the luckiest day of the year with The Splinters in the afternoon, and keep the jig going with Ruckus Deluxe in the evening. A cover charge of $2.00 will be in affect at the door with the proceeds going directly to Whistler Community Services.
17 – 20 March – The GoPro Junior Freeski Event
Location: On-Mountain
This IFSA event challenges competitors 12-18 years old to shred big mountain terrain, while judges score them based on style, speed, and line choice. For more information on entry fee and registration, please call the Whistler Blackcomb Reservation Centre at 1.800.766.0449.
19 March – 14th Annual Balding For Dollars
Location: Garibaldi Lift Company (GLC) | Time: 3:30 – 5:30 PM
Join in the fun at 14th Annual Whistler Balding for Dollars featuring plenty o’ head shaving in support of kids with cancer at the oncology wards of BC Children’s Hospital. Over the years hundreds of Whistler locals have shaved their heads to raise money for the kids. To date more than $246,764 has been raised in Whistler at this event.
22 – 12 March – Sport Chek Canadian Championships 2016
Location: Whistler Mountain
Once again, the Sport Chek Alpine Canadian Championships return to Whistler featuring the Sport Chek National Championships March 22 to 29 and the Sport Chek Para-Alpine Canadian Championship GS and Slalom on March 28 and 29. The competition will be held at the Dave Murray National Training Centre located on Whistler’s Raven/Ptarmigan runs. This is the perfect opportunity to see downhill ski racing at it’s finest – fast, furious and precise. The national alpine and para-alpine teams take on up-and-coming athletes from the provincial and club level as well as international competitors.
8 – 17 April – Whistler World Ski & Snowboard Festival
The WSSF is Whistler’s unique mountain culture festival with ten days of awesome events – free outdoor concerts, photography, film, skiing competitions and non-stop nightlife PLUS sweet spring skiing and sunny après sessions.
The latest edition of Macdonald Realty Luxury Homes is now available! This publication showcases unique and luxurious homes listed with Macdonald Realty from across the province.
Highlights of this issue include an exceptional “Timeless Whistler” winter haven, new additions of the International Market Pulse and a revamped LuxeTrends: What We Fancy content courtesy of Luxury Portfolio International, as well as a feature of local British Columbian Spirits.
Simply click the cover image below to see the digital version and to download the full PDF!
Soaring single-family home prices and sales in the city are having a knock-on effect in ski town, says Whistler real estate agent.
The money being poured into single-family homes in Vancouver’s wealthiest areas is having an unexpected but beneficial effect on the previously struggling real estate market in Whistler, according to a luxury real estate agent in the ski resort town.
Shauna O’Callaghan, an agent with Macdonald Realty, told REW.ca that the “secondary” effect of detached homes in Greater Vancouver going for record prices is that some of the families selling those homes are moving out of the city, with the proceeds of the sale funding their new “dream” life in Whistler.
“Generally we are seeing an increased influx in families, whether younger or older families, in Whistler,” O’Callaghan told REW.ca. “They tend to be Canadian families who have previously spent their weekends in Whistler and have recently benefitted from the sale of their Vancouver home, which is enabling them to live the dream in Whistler on a full-time basis.
“A typical scenario might be a family with kids who sold a West Side home for $3 million, and buy a similar home in Whistler for $1.5 million. The proceeds are enabling the parents to maybe work a bit less and enjoy the Whistler lifestyle more.”
O’Callaghan added that Whistler real estate activity has increased by 10 per cent in the past couple of years, and that housing inventory was getting increasingly tight in the resort town after a slow period a few years ago.
“We’ve seen a lot of new families coming in to live here full-time, and school registrations are up,” she said.
Empty-nesters are another demographic that is seeing an increase in Whistler, as older and retiring couples with adult children downsize from their single-family city homes to a more affordable Whistler property, and boosting their retirement coffers with the proceeds, according to O’Callaghan.
Published on REW.ca, October 29, 2015.
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.
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