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WHISTLER REAL ESTATE: MARKET UPDATE - JULY 2024 |
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Dear: valued clients and friends,
I hope you all had a great BC Day long weekend with your family and friends.
Here is what's been happening in the real estate market in July 2024: - There were 57 new properties listed for sale on the Whistler Listing System in July, and only 24 posted sales.
- There were 37 Price Reductions in July.
- July was the slowest month of the 2024 with $58,662,500 worth of real estate sold.
- March was the busiest month of 2024 with $84,460,000 worth of real estate sold.
- Dollar sales volume is down 8.86% in July vs June and 30.54% vs March.
- There are 294 properties for sale in Whistler.
- There is currently 12.25 months of inventory for sale.
- As a general rule, 5 to 6 months of inventory is considered to be a normal or balanced market. Over 6 months of inventory and we have a buyer's market.
- If you are considering purchasing now is an excellent time to take advantage of the market conditions.
- The prime interest rate in Canada was lowered again to 6.7%. This was the 2nd interest rate reduction in 2024. The BoC meets next on September 4, 2024.
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Median Sale Price & Sales Volume - July 2024 |  |
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- The Median Sale Price has increased to $1,531,250 in July. This represents a 3.74% increase from 2023.
- There has been 260 sales year to date in 2024 vs 278 in the same period of 2023 vs 329 sales in 2022 and 528 sales in 2021!
- Sales volume has decreased 51% compared to the same period of 2021.
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List Price vs Sale Price |  |
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- The Median Asking Price is currently $1,816,500 vs the Median Sale Price of $1,531,250. This represents a 15.7% discount.
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| NEW PRICE! 18 - WHISTLER CREEK RIDGE - $1,299,000 |
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| Welcome to your dream alpine retreat! This private, top-floor, cornerunit offers breathtaking, unobstructed views of Creekside Village, Sproat, and Rainbow Mountains. Nestled in a highly sought-after location, you'll enjoy the ultimate convenience of ski-in/ski-out access, making every ski day effortlessly enjoyable. The interior boasts custom stairs and a cozy Regency wood stove insert, creating a warm and inviting atmosphere perfect for relaxing after a day on the slopes. Step outside onto a beautiful patio and yard space, where you can soak in the stunning surroundings and enjoy outdoor activities year-round. This property has a Phase 1 rental covenant, allowing for unlimited owner usage and the flexibility of long or short-term rentals, providing excellent opportunity for income! |
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| NEW LISTING! 880 - THE WESTIN |
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| Highly coveted 1-bed & 1 bath on the 8th floor in the West tower at The Westin Resort & Spa! Prime Location in the heart of Whistler Village. This unit offers breathtaking views of Whistler Village and the surrounding Coastal Mountains, a full kitchen, balcony, gas fire, and a soaker tub. Experience World-class service at The Westin Resort & Spa. Rated 8.3/10 on Booking.com. Featuring an outdoor pool, full service spa, 2 hot tubs, several restaurants, and live music at The FireRock Lounge. This hotel is just a 2 minutes’ walk from Whistler & Blackcomb Gondolas. Perfect four seasons location for skiing, mountain biking and golfing. Owners are permitted to use their unit up to 56 days per year. Earn excellent revenue all year round. Inquire within for more information. |
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| NEW PRICE! 7063 NESTERS ROAD - $2,695,000 |
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| Prime location: just steps to Nesters Market, Whistler's valley trail system, and a short walk to Whistler Village. New granite countertops in the bathroom and kitchen, vinyl flooring and stainless steel range. All work completed in 2021. This house makes an excellent rental property, vacation home or primary residence. 3.5 bedrooms in the main house + 1-bed suite downstairs. Parking for 4 cars. Easy to show. Sold fully furnished. Available for immediate possession. |
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| 206–7438 PROSPECT ST, PEMBERTON - $689,000 |
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| Large 2-bed & 2-bath, spread out over 2 floors! Central location in downtown Pemberton. Views of Mount Currie, 2-large decks, lots of natural light, sun and shade. Lots of parking. Ideal for a small family, a couple, or an owner with a roommate. Very low strata fees at $310/month! Just steps to everything Pemberton has to offer. Available for occupancy at the end of July! |
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| NEW PRICE! 7622 SEVEN O'CLOCK DRIVE, PEMBERTON - $450,000 |
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| The best views in Pemberton! Build your dream home in the new Sunstone development in Pemberton. All day sunshine on this gently sloping lot at, 6710 sq ft. Just steps to world-class biking, hiking, snowmobiling and dirt biking. Walk to the new pump track, two soccer fields and baseball diamond. New all weather trail from Sunstone to Mosquito Lake. Only 30 mins to Whistler! Build a 2-storey house up to 3,355 sq ft with a rental suite! Property is sold with 3 sets of building plans! |
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NEW PRICE!
3310 PANORAMA RIDGE, BRIO ESTATES, WHISTLER - $3,298,900 |
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| Perfect family home in one of Whistler's best neighbourhoods: Brio Estates! The 3-Bed & 3-bath main house features panoramic views, vaulted ceilings, reclaimed hardwood floors, Bosh DW, Wolf Range and a private hot tub on a large & sunny deck! The lower level of the house features a separate 2-bed & 1-bath rental suite with private laundry and large deck. Ground level, you will find a 2-car garage for vehicles and still have space for all your gear! The newly installed heated driveway eliminates the need to shovel or plow in the winter. Lots of parking for 4+ cars. New metal roof in 2020. Just a short walk or bike ride to Whistler Village, shops, restaurants and lakes. Zero highway noise and very little street traffic in this sunny part of Brio. Sold fully furnished! |
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| 20 CLOUBURST ROAD, BLACK TUSK VILLAGE - $899,000.00 |
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| Ready to build your dream home? We have made this easier by aligning you up, if you wish, with an excellent & reputable builder who will help you plan, design & build either your full-time residence or perfect getaway where you can live, work & play, creating cherished family memories. Located less than 1.5 hrs away from Vancouver & 15 mins south of Whistler. This property offers both tranquility & convenience. The flat 7535 sq ft lot with water & sewer at lot line is priced well below assessed value and within waking distance to a private lake! Perfect for swimming, canoeing and paddle boarding in the summer and ice skating and x-country skiing in the winter! Just steps to the tennis/ pickleball courts, playground and clubhouse. Mountain biking, snowmobiling and hiking right from your doorstep! Black Tusk is an idyllic & gated community for both summer & winter enthusiasts! |
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| SOLD - 4877 CASABELLA CRESCENT - $2,799,000 |
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| Immerse yourself in the Whistler lifestyle with this stunning Montebello townhome! This meticulously appointed property boasts everything you desire for mountain living at its finest. Unwind in the gourmet kitchen featuring granite countertops and high-end appliances, then gather around the stone-clad fireplace for cozy evenings. Soaring vaulted ceilings enhance the sense of spaciousness, while a private hot tub beckons after a day of adventure. Step out onto your private backyard terrace and breathe in the fresh mountain air. The prime location in Village North puts you close to the action, with both Whistler and Blackcomb Mountains just a short distance away. For added flexibility, Phase I zoning allows you to make this your year-round haven while generating strong rental income. Don't miss this opportunity to own a piece of Whistler paradise! |
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| SOLD - 214 BLACKCOMB LODGE |
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| Here's a "hands-free" investment right in the heart of Whistler Village in the newly renovated Blackcomb Lodge. This lofted studio sleeps 6 and has a full-galley kitchen. The nightly revenues are pooled in the hotel and these suites are always sharing in the daily revenue. Good money maker and great investment! |
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| 3 7381 MONTE VALE, PEMBERTON - $959,000 |
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| Centrally located townhome in Monte Vale in Pemberton's Glen neighbourhood! Large floor plan with 3.5 bedrooms & 2 baths and a double garage for all your gear and storage needs! The property features bamboo flooring, pellet stove, sunny deck and a fenced backyard; perfect for pets and kids. Located on the quiet side of the complex with Mt. Currie views and lots of natural light. Walking distance to town and schools. Currently tenanted at $3500/month + utilities. Low strata fees for a unit this size at only $372/month. Excellent starter home or investment property. Pemberton is one of the fastest growing communities in B.C.! |
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JULY 2024 NEW LISTINGS AND SALES: |
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CLICK the links to view SALES and NEW LISTINGS in JULY 2024 for each of the following property types: Please note: these links will expire in 30 days. |
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| FREE GOLF at BIG SKY? |  |
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| Just leave me a Google review anytime in July and receive a round for TWO golfers at Big Sky. No blackout dates. Use anytime in the 2024 season. |
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 | If you would like any more information about any listings in Whistler or Pemberton, to chat real estate or just say 'hi', please call, text or email me anytime. I am always working and would love to hear from you!
Do you know anyone thinking about buying or selling in the Sea-to-Sky? I'm never too busy for your referrals!
THANK YOU,
Matthew Callaghan - Personal Real Estate Corporation
Angell Hasman & Associates Realty Ltd.
Email: matt@whistlerrealestatelistings.com
Mobile: 604-966-8678 |
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