Whistler
November was the busiest month in 2019 with a total of 63 sales, compared to October with 55 sales, 54 sales in September, 61 sales in August, 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). Buyers were making buying decisions so that they could be using and/or renting their property before Christmas. With the higher volume of sales in November, we are now currently sitting at a 20% decrease in the number of sales for 2019 compared to the same period in 2018. This percentage has been dropping throughout the year.
Of these 63 sales for the month of November 2019:
34 were under $1 million
2 parking stalls
3 shared ownerships
13 Phase 1 condos and townhomes
9 Phase 2 condos
5 Residential condos and townhomes
1 Employee townhomes
1 vacant lot
18 were between $1 million and $2 millions
9 Phase 1 condos and townhomes
3 Single Family homes
1 Duplex
5 Residential condos and townhomes
6 were between $2 million and $3 million
3 single family homes
2 Phase townhomes
1 duplex
5 were over $3 million
5 single family homes
Pemberton
There were 10 sales in November in Pemberton: 1 lot, 2 single family and 7 townhomes (including 2 presales).
General
There are now a total of 330 listings in Whistler (all types of properties including timeshares and parking stalls) and a total of 65 listings in Pemberton – a decrease in inventory in both Whistler and Pemberton with the higher volume of sales last month and with a few properties coming off the market for the Christmas holidays.
Outlook for 2020
We are cautiously optimistic that 2020 will continue to see the balanced market that we are currently experiencing with slight increases in value over the year. The reason why I am predicting this is because our inventory still remains low and there is very limited product to choose from – particularly if a buyer is looking for a one, two or three bedroom townhome or condo which has the zoning which allows for short-term rental.
The Sally Warner team of Jess and myself would like to wish you a very Happy Holidays. We hope you enjoy this holiday season with friends and family and we look forward to touching base in the New Year.
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
