Greetings from Whistler and Pemberton,
Here we are mid-January with lots of snow, warm conditions and the sunshine is coming! The hotels have been busy and the restaurants bustling. If you are looking for an evening adventure, skating at Olympic Plaza is always a great place to spend some time. We have been lucky enough over the years to have experienced many of the incredible activities offered so, if you are ever wondering about what to do, just ask us!
It feels like the real estate market is picking up this week. We are seeing a few more new listings and the sales still continue to see multiple offers on many properties. Let us know if you have any questions or would like further details on any of these listings or are thinking about listing. Now is a good time to bring your property on the market, before the Spring influx and increased competition. We are always here and happy to chat with you about the market!
Enjoy our 2021 Whistler Real Estate Company Market Recap below.
Here are this past week’s numbers for you:
Have a great week!
Lynne Venner & Tracey Cruz
Your Mother/Daughter Team
*Note: All statistical information provided from sources deemed to be reliable. Information provided is based on data collected from Whistler Listing Service WLS and MLS.
Whistler and Pemberton Market Report: Year End 2021
To say that 2021 was a busy year would be an understatement! Sales activity started out very strong, with the first three months of the year seeing 110 unit sales per month. The rest of the year continued at a steady strong pace – about 70 units per month – only slowing slightly during the Christmas season.
The market broke records in terms of sales volume, exceeding one and a half billion dollars in sales – an increase of 35% over 2020, which was a record-breaking year in itself.
The Pemberton real estate market continued to be strong through 2021 and continued to benefit from two key factors.
The first factor is the historically low-interest rates. This has allowed the working family market, which is so important in Pemberton, to make the move to a first-time home, or a newer, larger home.
The second is the buyer migration market trend in B.C., where homebuyers are leaving urban areas and moving to a more rural environment. Pemberton, with its large farms, excellent recreational opportunities, and small-town feel has benefited from this trend over the past year. With the available properties, including new lots in Tiyata and Sunstone, including the new Duplexes in Sunstone, Pemberton was as ready as it could be to meet the current demand.
Sales activity increased by 43% in terms of dollar volume and 7% in terms of unit sales over 2020.
305-7330 Arbutus Street, Pemberton
Offered at $479,000
Why rent when you can own? This gorgeous condo is newly renovated and centrally located in the Pemberton Gateway. With a bright living space and an open layout, this unit boasts a new kitchen, flooring, lighting, a fresh paint job, a personal storage locker and a secure underground & heated parking space. The building has an elevator which makes this location a breeze to access at all times. The building features several salons, a local massage therapist and the popular Mile One Restaurant & Market. With a 5-minute walk to One Mile Lake and easy access to all the trails, this unit is one of a kind and ready to move in!
$479,000 | 1 Bedroom 1 bathroom | 560 Sq. ft.
Winter has only just begun!
It’s been a great start to the season, and we still haven’t hit the halfway point! No matter what outdoor adventure you participate in, it’s been a fabulous start to the winter – we hope you continue to ride safe, and enjoy your back yard!
Above snow report from Whistler Blackcomb, on January 13, 2022.
Check regularly for accurate updates, or via their live mountain cams
Now On Stands
Whistler Real Estate | The Magazine
Check out the latest real estate offerings in our latest magazine – conveniently arranged by listing price and geared up with QR codes allowing you to view all the listing details straight on your device. Connect and learn more about members of the Whistler and Pemberton community in our profile pieces, and dive deeper into the history of Whistler courtesy of our friends at the Whistler Museum. These are just a small handful of things you can discover in our latest edition – we hope you enjoy it!
Grab your free copy at our office, around Whistler, reach out to me, or read our digital version below.
B.C. Property Assessments Are Now Out
Just a reminder that B.C. Property Assessments are now out.
If you have questions regarding the assessments or would like to discuss further, please do not hesitate to get in touch with me.
2022 Telus Winter Classic
We were so happy to hear that the 2022 Telus Winter Classic is going ahead this year! This event is taking place March 4 – 5 and is such a great fundraiser for The Whistler Blackcomb Foundation.
To get involved as a team, sponsor or volunteer, contact firstname.lastname@example.org..