Squamish and Whistler Real Estate Market Statistics – December 2015

Here are the latest real estate market statistics from Macdonald Realty on Squamish, Whistler and Sunshine Coast listings and sales in December 2015.

Whistler

In the Whistler market, the benchmark sale price was $1,069,900 with an average days on market of 135 days for detached homes. At the end of December, there were 13 sales and 88 active listings.

In comparison, the condo market had 38 sales and 134 active listings. The benchmark sale price was $285,500, and the average days on market were 126.

Townhome featured 23 sales, 53 active listings and a $530,600 benchmark sale price with 83 average days on market.

Listings are down. Sales are up. It’s a seller’s market.

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Macdonald Realty Luxury Homes Magazine | Winter 2015

The winter 2015 edition of Macdonald Realty Luxury Magazine is now available! This publication showcases unique and luxurious homes listed with Macdonald Realty from across the province.

Highlights of this issue include an exceptional “Timeless Whistler” winter haven, new additions of the International Market Pulse and a revamped LuxeTrends: What We Fancy content courtesy of Luxury Portfolio International, as well as a feature of local British Columbian Spirits.

Simply click the cover image below to see the digital version and to download the full PDF!


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Whistler Market Update – Fall 2015

Strong and steady remains the description of the real estate market. Overall, we are consistent with sales volumes that were achieved in 2014.

Chalet sales (year to date) median price is $1.4M. Last year for the same time  period it was $1.250M. The Whistler Market median price of single family homes has increased 12%. Sales of chalets is up 9%. Whistler sold 123 (YTD) single family homes this year and 112 last year during the same time frame.

Our market is on track for another big year. Understand the stats so you don’t miss out! As a result of two strong years in real estate; prices are trending upwards and buyers are being forced to focus on higher priced properties.  The strongest pressure has been on our chalet or town home market.  A Buyer can easily find themselves in a multiple offer situation.

The townhome market faces the largest pressure and sales are up along with prices due to the rising costs of chalets and Buyers seeking to find an affordable alternative.

Vacant land is on demand due to the lack of choices and Buyers wanting to build their “dream in Whistler” as oppose to taking on a large scale renovation of an Old Timer’s A frame.

The condominium dollar volume showed a gain but a decline in the # of transactions demonstrating this market being the slowest to rebound. Also, maybe an indicator of some potential assessments in many of the buildings.

As a Buyer; be able to move quickly.  Expect potential multiple offer situations and expect to jump in or anticipate watching prices climb. Anticipate fewer choices as the snow starts to fly.

For Sellers, October is a historically a strong sales month as many Buyers have been educating themselves and are now ready to purchase.

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Blog post provided by Shauna O’Callaghan, a REALTOR® with Macdonald Realty in Whistler.  Visit her website shaunaocallaghan.com  for more information.  Oct 8, 2015.

 

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Macdonald Realty Luxury Homes Magazine | Fall 2014

The latest edition of Macdonald Realty Luxury Homes is now available! This publication showcases unique and luxurious homes listed with Macdonald Realty from across the province.

Highlights of this issue include the ultimate Chilco experience at the Huston Family Estate, deluxe urban living in prestigious Point Grey, Vancouver, and a tranquil Private Island with a separate guest house . We also feature homes from Whistler, West Vancouver, Vancouver, Richmond, Bowen Island, White Rock, Mission, North Saanich, Salt Spring Island, and Mayne Island.

Simply click the cover image below!

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