There was a good increase in the volume of sales in August compared to July of this year, with August now being the busiest month for sales in 2019. We had a total of 61 sales in August compared to 39 sales in July, 27 sales in June, 35 sales in May, 47 sales in April, 57 sales in March, 31 sales in February and the 39 sales in January (all companies reporting). We are currently sitting at a 29% decrease in the number of sales in the 1st 9 months of 2019 compared to the same period in 2018.
Of these 61 sales for the month of August 2019:
- 35 were under $1 million
- 8 shared ownerships
- 16 Phase 1 condos and townhomes
- 5 Phase 2 condos
- 5 Residential condos and townhomes
- 1 Employee townhome
10 were between $1 million and $2 million
- 6 Phase 1 condos and townhomes
- 3 Single Family homes
- 1 Vacant lot
10 were between $2 million and $3 million
- 5 single family homes
- 2 Phase 1 condos and townhomes
- 2 Residential townhomes
- 1 Duplex
6 were over $3 million
- 3 single family homes
- 2 townhomes
- 1 condo (Four Season’s Private Residence)
There was also an increase in the number of sales in Pemberton in August compared to July. The total number of sales in August was 19: 4 vacant lots, 6 condos, 4 townhomes and 5 single family homes.
There are now a total of 371 listings in Whistler (all types of properties including timeshares and parking stalls) and a total of 82 listings in Pemberton – a slight increase in inventory in Whistler and a slight decrease in inventory in Pemberton. Unlike Metro Vancouver, we are not seeing a significant increase in listings in Whistler and Pemberton and in certain areas and in certain product types there is still very little to choose from. We are seeing single family homes sit on the market for more days but well priced one, two and three bedroom townhomes and condos are selling relatively quickly, as are the hotel strata condos, if they are generating a good revenue return.
The statistics attached show the total dollar volume of sales and number of sales in each category - chalets (single family homes), condominiums, Phase 1 condos, Phase 2 condos, duplexes, shared ownership, town-homes and vacant lots. It also has the total of all of these categories. This includes all sales reported by all of the real estate companies in Whistler.
Kindest regards - Sally
President’s Club Member (Top 1% in Greater Vancouver)
Top 10 in RE/MAX Western Canada