Whistler Real Estate - Index

Whistler Real Estate - Whistler Real Estate The Magazine Summer Fall 2008 - Index

Whistler mArket rePort
stronG interest from
buyers has resulted in a
significant increase in sales
activity in the Whistler
marketplace in 2007. every
category of property and
every geographical area have seen an
increase in terms of number of sales and the
total dollar value of sales, far surpassing the
levels achieved in 2006. median values for
properties have also increased significantly
on a year-to-year comparison.
of particular interest to purchasers
®
$ 2,000,000
$ 1,750,000
$ 1,500,000
$ 1,250,000
$ 1,000,000
$ 750,000
$ 500,000
$ 250,000
currently are single family homes and larger,
family-style townhouses such as those being
built at Fitzsimmons Walk in White Gold.
As this is the smallest part of the overall
market in availability, this has caused prices
to move upwards.
other categories of property are seeing
similar trends and we are experiencing a
steady drop in the number of properties
available for sale. We expect that all markets
will follow the lead of the family home
marketplace in the near future where they
haven’t already.
Average Market Values
Lots
Chalets
Condos
The advertisements contained on this page do not constitute offers of sale capable of acceptance.
w h i s t l e r r e a l e s t at e . c a
6 0 4 . 9 3 2 . 5 5 3 8
interest in Whistler should remain
high as international awareness of the
resort grows leading into the 2010 Winter
olympic and Paralympic Games.
Another point of interest is where have
the buyers been coming from? the pie
chart below indicates the geographical
locations where the buyers originated.
the most interesting statistic to note is
that 77% have come from within a fivehour
drive of Whistler. these owners have
purchased for both personal and investment
purposes.
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
Southeast Asia
Other Country
Whistler
UK
4% 3%
2%
20%
USA
9%
Ontario
2%
2% 4%
4%
29%
Canada Other
Fraser Valley
Other BC
13%
7%
Vancouver
North Shore
Greater Vancouver