Happy Canada Day Long Weekend!
If you find yourself in Whistler this weekend there are celebrations happeing all weekend long, check out the schedule below…
Market Update
Inventory has remained steady from last week with 339 listings in Whistler and 78 in Pemberton. I have provided more specific listing details below.
Whistler Market
Pemberton Market
If you are thinking of making a move in the market, I would be happy to discuss your options. Please feel free to call or drop by the office at your convenience.
Hope you have a wonderful week!
Marika Koenig
Come by and see this lovely end unit townhome in the Baseline complex is located in the heart of Whistler Creekside. Featuring a spacious, open floor plan with 3 bedrooms plus loft and 3 bathrooms, as well as large double car garage. Step into the light and bright living area with soaring vaulted ceilings and floor to ceiling windows, offering plenty of space for entertaining or enjoy on your own while cozying up by the wood burning fireplace.
Location: #21- 2200 Taylor Way
Date: Saturday July 13, 2019
Time:1pm-3pm
Complex: Baseline
Area: Whsitler Creekside
Greetings from sunny Whistler on this first day of Summer!
The Canada Cup is taking place this Satuday at the base of Blackcomb Base 2, if you are in town be sure to stop by and cheer on the participants. For more infomation on this event follow this link https://cyclingbc.net/event/whistler-canada-cup-xco/
Inventory has remained steady from last week with 325 listings in Whistler and 75 in Pemberton. I have provided more specific listing details below.
Whistler Market
Pemberton Market
If you are thinking of making a move in the market, I would be happy to discuss your options. Please feel free to call or drop by the office at your convenience.
Hope you have a wonderful week!
Marika Koenig
*All statistical information provided from sources deemed to be reliable*
* Information based on data collected from Whistler Listing Service WLS
View more updates here
Sign up for weekly updates right to your email
Featured Listing:
PRICE REDUCTION – 3020 St. Anton Way
Now Offered at $1,499,000
Build your Whistler home on this large, flat approx.13000 sq. ft. lot in Alta Vista! A true four season location; enjoy boating and swimming on Alta Lake in the summer and skating on the lake in the winter! This central location is just steps to the valley trail and a short walk to Whistler golf course and the Village. Take advantage of this great opportunity for an easy building lot and start designing your custom mountain home today! GST is not applicable. No Foreign Buyer tax.
Price Reduction: 3020 St Anton Way.
Whistler Market
Pemberton Market
Features:
A large flat lot to build
Central location – just a short walk to the valley trail, Whistler golf course and Village.
No GST
No Speculation Tax
No Foreign buyers tax.
Take advantage of this great opportunity for an easy building lot and start designing your custom mountain home today!
The Whistler Real Estate Summer Magazine has hit the stands! Published twice a year, this magazine features properties available from Whistler to Pemberton. If you are looking for your Whistler or Pemberton dream home but don’t know where to start, give me a call!
Vancouver market slump expected to recover within the year, read below….with 70% of Whistler’s buyers coming for the Vancouver area, I do think this will have a positive impact on market activity in Whistler. If you are on the fence about buying, now may be the time.
https://biv.com/article/2019/06/real-estate-market-primed-comeback-metro-vancouver-brokerage
Data suggests housing inventory, while higher than in recent years, is still historically low – leading to increased demand, according to Dexter Realty
Dexter Realty reported that, despite listing inventory being higher currently than in the recent market boom, it is still at historically relatively low levels compared with the huge numbers of homes for sale during the market dips seen in 1997-1999, 2008-2009 and 2012-2013.
The brokerage pointed to May sales of Metro Vancouver homes being 44.2 per cent above those in April, and said that it showed a market that has “a gasp of breath.” It said that this increase in demand combined with relatively low supply is a sign of confidence in the market.
Kevin Skipworth, managing partner of Dexter Realty, wrote in his analysis, “During the periods between 1997 to 1999, 2008 to 2009 and 2012 to 2013 monthly home sales in Greater Vancouver persisted below 2,000 units. In each of these periods, there were either over or close to 20,000 listings on the market. In this current cycle we are seeing the market struggle to get over 15,000 active listings — at a time when the overall housing stock is at its highest. Demand is increasing and will increase, and supply is clearly less than other significant slower markets.”
To illustrate this, Skipworth, who is an economics graduate, highlighted the number of sales and listings in those past market slumps in charts using Real Estate Board of Greater Vancouver data. He said it shows that the difference between now and then is that recent monthly sales have exceeded 2,000 units while listings have not exceeded 15,000 homes.
Source: Dexter Realty/Real Estate Board of Greater Vancouver
Skipworth continued, “There is confidence in the Metro Vancouver real estate market long term—with more buyers and fewer sellers, it will lead to stabilization in the market. We may be seeing prices bottom out in the lower and middle end of the market, but there are still great opportunities for buyers. However, [those opportunities] are diminishing.”
Skipworth noted that housing affordability has not significantly improved for most home buyers, and blamed this on federal and provincial government policy.
He concluded, “The recent intervention on the demand side by the provincial government through taxes and the federal government through the stress test only served to reduce prices significantly in the high end for those the government wanted out of this market and, unwittingly, prevented home buyers from getting into homes in the lower end. Thus affordability overall has not improved and will not get any better without a serious look at the ill-conceived government policies and other factors keeping new homes from making it through the rezoning process to completion.”
The brokerage’s analysis comes after Central 1 Credit Union deputy chief economist Bryan Yu predicted that home sales in the Lower Mainland would be 14 per cent lower in 2019 than 2018, but would recover to approximately 2018 levels in 2020, while benchmark prices would continue to drop until 2021.
Glacier Media Real Estate
Greetings from Whistler!
There is a lot going on in Whistler this weekend. Tomorrow the Bike Park expands to the Garbanzo and Creekside Zones, opening up more terrain to explore! Whistler will also be welcoming all the Tough Mudder participants for the ultimate obstacle challenge taking place at Whistler Olympic Park. New for this year they have taken innovation to the extreme with 10 new or updated obstacles on every single course.
If you are looking for something a little slower paced check out the Community Open House at the Audain Art Museum with free admission June 14-16th 3:30-8:30pm and the Sunday Farmers Market in the upper village.
Overall the market is slower this spring than what we have experienced in the last few years at this same time of year. The last 5 years were exceptional! We are actually back to more normalized levels of activity. Unlike more conventional residential markets, Whistler as a resort, including real estate sales, typically slows down in the spring as the ski season comes to an end and then picks up in the summer through to the winter. We anticipate this to be the case in the coming months.
Inventory has remained steady from last week, with 325 listings in Whistler and 79 in Pemberton. I have provided more specific listing details below.
Whistler Market
Pemberton Market
If you are thinking of making a move in the market, I would be happy to discuss your options. Please feel free to call or drop by the office at your convenience.
Hope you have a wonderful week!
Marika Koenig
*All statistical information provided from sources deemed to be reliable*
* Information based on data collected from Whistler Listing Service WLS
View more updates here
Sign up for weekly updates right to your email
Featured Listing:
#361- 4800 Spearhead Drive – The Aspens
Offered at $899,000
Highly sought after ski in/ski out property on Blackcomb Mountain overlooking the pool! Enjoy turnkey living in this 1 bedroom 1 bathroom condo, which allows for full time unlimited owner use and long or short term rentals. Features a renovated kitchen with new appliances, updated bathroom, as well as new flooring throughout. Enjoy the comforts of this suite featuring a king bed in the master, gas fireplace and a spacious patio with mountain views. The Aspens is one of Whistler’s premier slopeside locations and offers ski valet, underground parking, year-round heated outdoor pool and 3 hot tubs, owner bike storage, and more. Strata fee includes hydro, cable, gas, hot water and internet. Enjoy the convenience of being within walking distance to the upper village shops and restaurants, the free village shuttle as well as direct access to the new 10 passenger gondola. NOTE – Whistler has NO Foreign Buyer Tax and NO Vacancy/Speculation Tax, making it a great investment.
If you are in Whistler this weekend enjoy sightseeing and Glacier skiing on Blackcomb Mouintain, open this Saturday for the summer. Also, the Farmers Market on Sunday in the upper village, Downhill biking on Whistler or golfing at Whistler Golf Course, Chateau Whistler Golf Course, or Nickalus North Golf Course.
Inventory has remained steady from last week with 325 listings in Whistler and 78 in Pemberton. I have provided more specific listing details below.
If you are thinking of making a move in the market, I would be happy to discuss your options. Please feel free to call or drop by the office at your convenience.
Whistler Market
Pemberton Market
Hope you have a wonderful week!
Marika Koenig
*All statistical information provided from sources deemed to be reliable*
* Information based on data collected from Whistler Listing Service WLS
View more updates here
Sign up for weekly updates right to your email
Featured Listing:
21-2200 Taylor Way – Creekside
New Price – $1,599,999
This lovely end unit townhome in the Baseline complex is located in the heart of Whistler Creekside. Featuring a spacious, open floor plan with 3 bedrooms plus loft and 3 bathrooms, as well as large double car garage. Step into the light and bright living area with soaring vaulted ceilings and floor to ceiling windows, offering plenty of space for entertaining or enjoy on your own while cozying up by the wood burning fireplace. All three bedrooms are well situated and offer a family friendly layout. The upper level of the property has a wonderful loft space that offers great flexibility as a rec room or extra sleeping area. There is also an outdoor patio on the upper level perfect for enjoying cocktails in the summer! Ideally situated this townhome is the complete package as a four season experience, just across from stunning Alpha Lake beach park and within a short walk to the ski lifts at Whistler Mountain, Nita Lake Lodge, Franz’s Trail shops and amenities. Easy to view, call for an appointment today! NOTE-Whistler has NO Foreign Buyer Tax and NO Vacancy/ Speculation Tax, making it a great investment.
The summer edition of the Whistler Magazine has hit the stands and we are proud of our clients Ester and Eugene who’s beautiful property is featured on Pages 54-59.
Their “Mountain Lakeside Dream” home has attracted attention from Whistler and beyond as it was recently announced they won their category in the Canadian Home Builders’ Association National Awards for Housing Excellence. They have also been named a finalist for the coveted 2019 Georgie Awards which will be announced later this year. Congrats to Ester and Eugene, as well Vision Pacific Contracting!
Whistler Market
Pemberton Market
Happy Memorial Day long weekend to our friends south of the boarder!
This is the last weekend for skiing on Whistler Mountain, with the official closing on May 27th.
If you are in Whistler this weekend enjoy the Farmers Market on Sunday in the upper village, Downhill biking on Whistler or golfing at Whistler Golf Course, Chateau Whistler Golf Course, or Nickalus North Golf Course.
Inventory has remained steady from last week with 322 listings in Whistler and 77 in Pemberton. I have provided more specific listing details below.
If you are thinking of making a move in the market, I would be happy to discuss your options. Please feel free to call or drop by the office at your convenience.
Whistler Market
Pemberton Market
Hope you have a wonderful week!
Marika Koenig
*All statistical information provided from sources deemed to be reliable*
* Information based on data collected from Whistler Listing Service WLS
View more updates here
Sign up for weekly updates right to your email
Featured Listing:
2176 Kathleen Place – Whistler Creekside
Offered at $3,800,000
Nestled at the end of this very private cul de sac in Whistler Creekside, you will find this bright and spacious family chalet! Whether you are looking for a full time residence or a vacation property, this home boasts plenty of room to entertain all of your family and friends. Situated on a large 13000 sq. ft. lot this 4500 sq. ft. home is on 2 levels with direct walk out access to a flat, landscaped yard which wraps around the property. The main floor features an updated kitchen, open dining and living room area with a vaulted ceiling and a grand stone wood fireplace. Additionally there is a pantry, laundry room, separate den off the kitchen, as well as a large second living room with fireplace at the front of the home. The private master bedroom is on the main floor and features an ensuite with steam shower and massage room. The upper floor has 4 bedrooms all with ensuites, as well as 2 sitting rooms, both of which could be converted to ensuite bedrooms if desired. In total this home has 5 bedrooms, 5 full bathrooms, 3 half bathrooms, 4 gas fireplaces, 1 wood fireplace, 2 living rooms and 3 separate sitting rooms. A true four season destination, ideally situated just across from stunning Alpha Lake beach park, valley trail and tennis courts, you are within a short walk to the ski lifts at Whistler Mountain, Nita Lake Lodge, Franz’s Trail shops and amenities. NOTE – Whistler has NO Foreign Buyer Tax and NO Vacancy/Speculation Tax, making it a great investment.
