Whistler Real Estate Market Report

Posted on: 08-Aug-2009 12:00AM

After a slow start to 2009, the real estate markets in Whistler and Pemberton have regained most of their vitality. The pace of sales transactions has returned to levels which would indicate a balanced situation between buyers and sellers. However, with the number of properties offered for sale having increased dramatically in the first six months of the year, expect negotiations to continue to favour the buyer. General economic conditions remain unstable, so buyers remain cautious. Sellers must continue to price their properties where the buyers perceive value. Watch for lots more news about Whistler as we get closer to the Olympics.
Recent buyer focus has been on lower-priced homes and family-oriented townhomes - particularly under $1,000,000.


Average sales values for transactions in the past three months Price
Single Family Homes $1,250,000
Condominiums $377,000
Townhouses $588,000
Pemberton Properties $433,000


To view current Whistler property listings go to Whistler Real Estate and for addtional information or specific request please contact me at george@wrec.com

Regards,

George Klimock
604-935-8619
george@wrec.com



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