WHISTLER's property sales have been tallied up for September, reporting a total dollar volume of $75.5 Million in 80 transactions. Townhome sales accounted for $35.6 Million and 36% of the reported sales for the month, which are considerably higher numbers than we saw in September last year. Taking a look at the 3rd quarter for 2017, Whistler reached a total dollar volume of just under $216,000,000 in a total of 229 property transactions. While the dollar volume is not quite as high as the 2nd quarter, it is up 13% from last year’s third quarter and the highest we’ve recorded yet!
As of October 16th, Whistler's inventory sits at 182 across all property types. If you are in the market for a chalet there are 54 to choose from, but with this being a firm seller's market there are only 17 units listed below $2.5 million compared to 37 listed higher than $2.5 million. Active condominium listings have decreased, down to 51 active listings. 18 of those are unrestricted units and the remaining 33 are restricted. With only 7 unrestricted units sitting below $600,000 the condo market continues to favour sellers. As a result of increasing tourism and visitation numbers, whistler nightly rentals are growing substantially. This means that your best bet may be an investment property that allows for some personal use to enjoy whilst generating income for the remainder of the year. With 32 active restricted condominium listings listed below $600,000, there certainly are plenty to choose from. Townhouse listings have increased, with 31 current listings. Among the 21 unrestricted units, there are only 4 units below $900,000 whilst 17 units are asking for more than $1 million.
Year to date (October 16th, 2017) sales volume is beyond $815.1 million across 718 transactions. For a more detailed breakdown of these numbers, continue reading below.
If you have any other specific real estate questions, please call me at (604)-905-8626 or send me an email at firstname.lastname@example.org and I'd be happy to help!
For a complete breakdown of Whistler Sales by Dollar Volume, Number of Transactions and Property Types, as well as annual quarterly trends for the past few years, please check out the graphs below!