Summer is finally here
…at least that’s what the calendar says. After a fantastic winter
with many epic snow days and a cool non-existent spring, theanticipation of some summer sunshine and warmth is awelcoming thought. But when? It seems we get two days of summer then six days of fall. I guess that's life on the WestCoast!Although our spring and summer weather hasn't been stellar, atleast our local real estate market has continued to show signs of growth and stability compared to the past two years. 2011 Year to Date sales (Jan-June) total 258 compared to 214 for the sametime last year and 168 for 2009. See left for the past 5 years.
The leader in property sales has been Townhouses, at 75 YTD. Single FamilyChalets totaled 44, Unrestricted Condos 43, Restricted/Hotel Use Condos 38,Strata Duplexes 5, Vacant Land 7, Quartershares 36.
2011 258 Sales2010 214 Sales2009 168 Sales2008 317 Sales2007 450 Sales
Sales by Property Type
So far this year the number of sales has beenrelatively consistent month to month rangingfrom a low of 33 in January to a high of 50 inMarch, with a monthly average of 43.Residential townhomes have been the mostpopular property type with buyers. The mostactive price range for Whistler buyers has been between $350,000 to $900,000. Next inline are
higher-end townhomes and singlefamily chalets in the $1.1M to $1.8M range.One key focus for
buyers is properties that areexempt of the HST.
A Stable Market andSummer Sunshine in theForecast!!