Whistler Real Estate: Current Market Conditions
Whistler, BC, Canada is one of those luxury ski and vacation resorts where the demand is high, but inventory is low. The world famous city, nested away in the rockie mountains of British Columbia, Canada, and home to the Whistler 2010 Winter Olympics, witness another sales growth after last year in today’s booming, or shall we say maturing, real estate market.
Whistler sales activity year to date indicates Whistler chalet sales have exceeded last year (2006) at this time reported by Whistler Luxury Properties, with 21 sold chalets with a median price of $1,330,000. This year its reported 24 chalets were sold with a median price of $1,629,625.
Whistler condo sales are also strong with a median price of $540,000 and this year we have a median price of $901,088 - a sales growth of 41%.
Vacant land is also becoming scarce and so a couple of new neighbourhoods with single family lots at Lakecrest/Nita Lake/Stonebridge have bumped up in median price of $1,107,500 in 2006 with an average price of $1,922,000.
Whistler Resort will be hosting the 2010 Olympic Games. It is considered to be one of the top mountain resorts worldwide. Those seeking to research the Whistler real estate market can find various realtors to help - Michael Nauss, Lance Lundy, Whistler Real Estate Company Ltd, etc.