Kelly Cosgrove

he increase in sales that we saw in February jumped even higher in March. In Whistler, in January, we had only 19 sales but in February this number more than doubled with a total of

44 sales, and in March we had a total of 51 sales. This is now above the monthly average for 2022.

Another rate hold by the Bank of Canada has made many buyers realise that if they find the right property that they should jump in now to make their dream of owning in Whistler and Pemberton a reality.

The increase in activity in March was primarily seen in the $1 million to $2 million range – there were no sales over $5 million this month.

 

Sales by the month:

Of the 51 sales in Whistler:

Under $1 million there were 17 sales:
7 Phase 1 condos
4 Phase 2 condos
3 Quartershares/shared ownership
2 Residential townhomes
1 Timeshare

$1 million to $2 million – 17 sales
9 Phase 1 condos
2 Phase 2 condos
2 Vacant land
2 Residential townhomes
1 Phase 1 townhome
1 Duplex

$2 million to $3 million – 12 sales
5 Single family homes
3 Phase 1 townhomes
3 Vacant Land
1 Phase 1 condo

$3 million to $5 million – 5 sales
3 Single family homes
2 Residential townhomes

There are currently 210 listings in Whistler (all product types)

Of the 15 sales in Pemberton: 7 townhomes, 5 single family and 3 condos

There are currently 54 listings in Pemberton.

Whistler March 2023 Real Estate Statistics: CLICK HERE
Pemberton March 2023 Real Estate Statistics: CLICK HERE

Now as the ski season starts to wrap up, we typically see a few less sales until the summer. The question is will we see more inventory as we are still experiencing a low number of properties on the market.

Meanwhile In Metro Vancouver Home prices across Metro Vancouver’s housing market showed modest increases in March, while new listings remained below long-term historical averages. March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs.