Whistler & Pemberton September Sales Statistics

Whistler September Sale Statistics

Pemberton September Sales Statistics

Whistler
The number of sales in September was up marginally from August – however, September did not see the usual spike in the number of sales normally experienced at this time of year.  We have typically seen (on average) 80 sales in the month of September.  In September of this year, we had 49 sales.
 
The good news is that inventory is still low and that there has been no increase in inventory over the last month.  There are currently 243 listings in Whistler (a slight drop from a month ago) and 78 listings in Pemberton (also a slight drop compared to a month ago) .  
 
As we move through the fall, we expect the sales activity to keep the number of properties offered for sale low.  As always, outside factors such as government policy, interest rates, economic cycles and exchange rates can have a significant impact on the decision making process for both buyers and sellers in Whistler.  As Whistler is a small and nuanced market, it can react to these factors differently than may be expected or experienced in a typical urban market. 
 
However, it is difficult to ignore all of the media talking about the record drop in sales in the Lower Mainland as so many of our buyers are from the Lower Mainland.  Gregory Klump, who is the Canadian Real Estate Association’s Chief Economist, says “it’s the balance between sales activity and the number of homes for sale that sets the tone for pricing environment.  In markets with an abundant supply of homes and slower sales activity, buyers have the upper hand when it comes to negotiations over price.  However, in places where buyers are keen to make a purchase but there’s a shortage of homes for sale, sellers are in the driver’s seat when it comes to price.”  In Vancouver, there is currently a high number of homes for sale so it has become more of a buyer’s market.  Whistler is unique in that we are still experiencing a shortage of properties for sale but we are also experiencing a lower than average number of buyers – so it is not clear who is in the driver’s seat right now!
 
There was a total of 49 sales in September.  Of these 49 sales for the month:
 
24 were under $1 million:

  • 5 shared ownership
  • 7 Phase 2 condos
  • 5 Phase 1 condos
  • 4 Phase 1 townhomes
  • 1 Residential condos and townhomes
  • 1 Single family home (Pinecrest)
  • 1 Timeshare

15 were between $1 million and $2 million:                    

  • 6 Phase 1 townhomes
  • 3 Residential townhomes
  • 6 single family homes

 5 sales were between $2 million and $3 million:                   

  • 3 single family homes
  • 1 townhome
  • 1 vacant lot

5 sales were over $3 Million

  • 3 single family homes
  • 2 townhomes

 
Pemberton
In Pemberton, the total number of sales in September was 13: 4 vacant lots; 1 single family home and 8 townhomes
 
The statistics above 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 these categories.  This includes all sales reported by all the real estate companies in Whistler.

August 2018 Sales Statistics

Whistler Monthly Sales Statistics
Pemb
erton Monthly Sales Statistics

Whistler
The number of sales in August dropped very marginally down from July -  and now August is officially the slowest month for sales in 2018 to-date.   Also there were not as many sales this August as there were in August 2017, August 2016, August 2015 or August 2014.

The good news is that inventory is still low and that there has not been much of an increase in inventory over the last month.   There are currently 248 listings in Whistler (10 more than a month ago) and 84 listings in Pemberton (only 3 more listings compared to a month ago) .  
As we move into the fall, we expect buyer interest to remain high, and sales activity to keep the number of properties offered for sale low.   As always, outside factors such as government policy, interest rates, economic cycles and exchange rates can have a significant impact on the decision making process for both buyers and sellers in Whistler.   As Whistler is a small and nuanced market, it can react to these factors differently than may be expected or experienced in a typical urban market.There was a total of 48 sales in August.  Of these 48 sales for the month:

26 were under $1 million:

  • 5 shared ownership
  • 10 Phase 2 condos
  • 4 Phase 1 condos
  • 3 Phase 1 townhomes
  • 2 Residential condos and townhomes
  • 2 Employee restricted townhomes


15 were between $1 million and $2 million:                    

  • 6 Phase 1 condos
  • 4 townhomes
  • 5 single family homes

3 sales were between $2 million and $3 million:                   

  • 1 single family home
  • 2 townhomes

4 sales were over $3 Million

  • 4 single family homes

Pemberton
In Pemberton, the total number of sales in August was 5: 4 single family homes and 1 townhome.

The statistics above 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 these categories.  This includes all sales reported by all the real estate companies in Whistler.

March 2018 Market Re-Cap

Whistler Monthly Sales Statistics
Pemberton Monthly Sales Statistics

Whistler
The number of sales in March was relatively strong but there were not as many sales this March as there were in March 2017 and March 2016. However, we did see a slight increase in the dollar volume of the sales compared to previous years; and year-to-date, March has been the busiest month of the year so far for the number of sales.
 
We are now starting to see a slight increase in the number of listings:  by the end of January there was 153 listings in Whistler and 42 listings in Pemberton; now there 205 listings in Whistler and 57 listings in Pemberton – another slight increase over last month.    As this has now started to turn around with an increase in listings, we may see an increase in the volume of sales in the next couple of months.  Buyers are finally able to see a little more inventory.  However traditionally, May and June can be slower months for sales as we have less potential buyers in the resort.
 
There were a total of 78 sales in March.  Of these 78 sales for the month:
 
36 were under $1 million:

  • 1 Timeshare
  • 7 shared ownership
  • 13 Phase 2 condos
  • 12 Phase 1 condos and town-homes
  • 3 Residential condos and town-homes


30 were between $1 million and $2 million:                            

  • 5 condos
  • 19 town-homes
  • 6 single family homes


9 sales were between $2 million and $3 million:                   

  • 5 town-homes
  • 4 single family homes       


3 sales over $3 million:                                                               

  • 2 townhomes
  • 1 single family home 


Pemberton
In Pemberton, the total number of sales in March was 16:

  • 2 single family homes,
  • 4 town-homes,
  • 3 condominiums
  • 1 mobile home 
  • 6 vacant land

 
The statistics linked above 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

February 2018 Market Re-Cap

Whistler Monthly Sales Statistics
Pemberton Monthly Sales Statistics

Whistler
The number of sales in February was relatively strong but there were not as many sales this February as there were in February 2017 and February 2016.  We are now starting to see a slight increase in the number of listings:  by the end of January there were 153 listings in Whistler and 42 listings in Pemberton; now there 196 listings in Whistler and 49 listings in Pemberton.  As this has now started to turn around with an increase in listings over the last month, we should continue to see an increase in the volume of sales in the next couple of months, as buyers are finally able to see a little more inventory.
 
There were a total of 69 sales in February.  Of these 69 sales for the month:34 were under $1 million:  

  • 1 parking stall
  • 7 shared ownership
  • 9 Phase 2 condos
  • 11 Phase 1 condos and town-homes
  • 6 Residential condos and town-homes

23 were between $1 million and $2 million:                         
  • 7 condos
  • 14 town-homes
  • 2 single family homes

3 sales were between $2 million and $3 million:                
  • 3 town-homes
                                                                           
9 sales over $3 million:                                                            
  • 2 town-homes 
  • 7 single family homes 

Pemberton
In Pemberton, the total number of sales in February was 11: 4 single family homes, 4 town-homes, 1 condo and 2 lots.
 
The statistics linked above 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.

January 2018 Market Re-Cap

Whistler Monthly Sales Statistics
Pemberton Monthly Sales Statistics


Whistler
The number of sales in January was relatively strong for the first month of the year.   Typically, January is not one of our busiest months for sales as everyone gets back to work after the Christmas holidays.  We also started out the year with another drop in the number of new listings.  By the end of January there were 153 listings in Whistler and 42 listings in Pemberton.  There are currently 176 listings in Whistler and 42 listings in Pemberton.  As this has now started to turn around with a slight increase in listings over the last month (in Whistler only), we should also see an increase in the volume of sales in the next couple of months, as buyers are finally able to see a little more inventory.

There were a total of 66 sales in January.  Of these 66 sales for the month:

39 were under $1 million:                

  • 1 parking stall
  • 10 shared ownership
  • 12 residential and Phase 1 condos and townhomes
  • 16 Phase Two Condos


10 were between $1 million and $2 million:

  • 1 condo
  • 6 townhomes
  • 3 single family homes


9 were between $2 million and $3 million:

  • 1 condo
  • 4 townhomes
  • 4 single family homes


8 sales were over $3 million:

  • 1 townhome
  • 7 single family homes                             


  
Pemberton
In Pemberton, the total number of sales in January was 11: 4 single family homes, 4 townhomes, 2 condos and 1 mobile home.

The statistics linked above 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.