TIS THE (END OF) THE SEASON!         

The golf courses are closed, the mountain is closed, and Thanksgiving is behind us…bring on the quiet time and bring on the snow!!

WHISTLER MARKET REPORT SEPTEMBER 2023        

Sales continued at a slow pace through September with only 32 sales, along with an 18% increase in listings and a 19% decrease in median sale price.  There were only 4 chalet sales in a wide price range – $1.8 M, $3.8M, $11.5M and $12.1 M!!  Phase 1 properties saw 11 sales, followed by Phase 2 hotel units at 7 sales.  A parking lot in Pan Pacific Mountainside sold for $195,000 – the highest price on record – which made international news!

Year over year we’ve seen a decline in sales in all categories except for Residential Townhouse/Duplex properties which are up 10%.

LOOKING AHEAD

With the rapid increase in interest rates, many Buyers are sitting on the sidelines and also awaiting news from the Bank of Canada on October 25 which may not rule out another hike.   But there are lots of properties to choose from for those who want to look at the long term and get in the market now.