Spring has Sprung here in Whistler and I am back to wearing shorts, at least for now! Whistler Mountain is now closed for skiing, but Blackcomb is open and the skiing is great. Thanks for an awesome season Whistler Blackcomb!
The Nicklaus North Golf course opens on May 3rd. This is the earliest opening I can recall. I went by and talked with the maintenance guys and they said that the course wintered incredibley well, so here's to a great summer.
After the first quarter of 2013, the numbers are very positive. We have had a solid increase in Chalet sales. Growth has been steady in the Phase 1 Condo sector and down a little for Townhomes.
The number of active properties on the market are at the lowest point in the past 4 years, yet overall sales continue at a solid pace. Total sales volume sits at 119 sales versus 117 for the same period last year (not including Time Share or Quarter Share sales). With 34 sales so far in 2013, chalet sales are up by 36% as compared to the first quarter of 2012, where we saw 24 sales. With a decrease of 2% from last year's numbers, condos sales have dropped from 43 to 42, so there has been no real change there. Townhome sales have dropped by 16% from 50 sold in the first quarter of 2012 to 42 the the current year. As for Phase 2 Condos, they are still struggling in price for sellers where new buyers are getting 3.5% R.O.I. on a Phase 2 like the Westin for example.
So why the swing from Townhomes to Chalets? I am finding that buyers are looking for bigger places, or places to share with another family and that is why I think we are seeing this shift. I'm also hearing from buyers that Real Estate is a good value now in Whistler, and the Stock market isn't, so they are taking advantage of the current pricing. The other notable trend I see, is that there are fewer buyers looking for rental properties, prefering instead to enjoy all the great seasons here in Whistler themselves.
If you'd like a more in depth view of the numbers, let's talk, my cell is always on.
7410 Flint Street
List Price: 249,000
Floor Area: 958 Sq. Ft.
4338 Main Street - Village
List Price: 269,000
Floor Area: 627 Sq. Ft.
List Price: 1,299,000
Floor Area: 2,600 Sq. Ft.
List Price: 2,999,000
Floor Area: 4,300 Sq. Ft.
4100 Whistler Way
List Price: 999,000
Floor Area: 1,240 Sq. Ft.
#31 Creekside Village
1400 Park Street
List Price: 259,000
Floor Area: 1,424 Sq. Ft.
It is time to get out on the trails and lakes, but we might have to wait a bit longer before we go for a paddle or fishing. The kids and I went fishing the other night and the water temperature at Green Lake was 46 degrees. So, if you are going paddling, don't fall in.
The Worca Sale is on this weekend, so with spring here and the trails open, Andrea and I need to buy new bikes. Hopefully we can find a couple good deals.
As always, if you or anyone you know is thinking of buying or selling and would like more specific information, call or e-mail me any time.