Whistler and Pemberton February Sales Statistics
January saw a slow start to the year with 38 sales in total. This followed the same trend as January 2019 which had 39 sales - but both January 2019 and January 2020 were down significantly in the number of sales compared to 2018 when there were 67 sales (all companies reporting).
Of these 37 sales for the month of January 2020
18 < $1 Million
1 Parking Stalls
1 Shared Ownership
3 Phase 1 Condos and Townhomes
9 Phase 2 Condos
2 Residential townhome
1 Vacant Lots
15 sales $1m - $2m
9 Phase 1 Condos and Town homes
3 Single Family homes
1 Phase 2 condo
1 Vacant Lot
4 Sales $2m - $3m
1 Single family home
1 Phase 1 Townhome
1 Phase 1 Condo
1 Vacant Lot
1 <$3 million
1 Single Family home
There were 7 sales in Pemberton in January: 3
condos, 2 lots, 1 townhome and 1 single family home
There is a new look to our graphs and charts for 2020. I hope that you enjoy them and look forward to any feedback.
You might have seen that there is some good news for first time buyers with some leniency with the stress-test. If you would like any additional information on this, please reach out to us and we will put you in touch with one of our amazing in-house mortgage brokers.
There is some not-so-good news on strata insurance. This appears to be impacting older, high density strata blocks in Vancouver and we have not seen the effects in Whistler yet. However, we are keeping a close eye on the insurance policies that the different property managers secure for their strata corporations and watching for higher deductibles. As a seller of a strata property, you will see a new clause added to a Contract of Purchase and Sale requesting a lot more detailed information on the strata’s insurance policy – this is to help the buyers fully understand what their liability may be, particularly in regard to any deductibles that they may be responsible for.
There are now a total of 358 listings in Whistler (all types of properties including timeshares and parking stalls) and a total of 64 listings in Pemberton – an slight increase in inventory in Whistler and a drop in inventory in Pemberton. There are now a total of 358 listings in Whistler (all types of properties including timeshares and parking stalls) and a total of 64 listings in Pemberton – an slight increase in inventory in Whistler and a drop in inventory in Pemberton. 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.
President’s Club Member (Top 1% in Greater Vancouver)
Top 10 in RE/MAX Western Canada