To our amazing clients, friends and contacts:
SELLING WHISTLER TO THE WORLD
I have an amazing team and the results prove our expertise in selling Whistler to the world! During this relatively quiet 2024 market, and a slow fall, the Dave Burch Team is proud to have sold over $45 million in real estate (15 transactions)*, since September 1. This far surpasses any other Whistler agent or team*. Our marketing initiatives, dedication, hard work and expertise is paying off for our clients!
The luxury market has been particularly slow as of late. Only 1 property has SOLD over $10 million in the past 7 months*. We are proud to have represented the buyers in this transaction on the purchase of an incredible home this fall.
Navigating the market ups and downs and exacting successful sales is what we do. Give us a call or send us an email to discuss how our expertise can be of service to you and your real estate objectives.
OPENING WEEK at Whistler Blackcomb has been incredible with mountains covered in snow and sunny days – the stoke is high! Check out these videos from the top of Whistler Mountain (Link to Instagram Video of Alpine)
Christmas and New Years in Whistler is one of my favourite times of the year. I am excited to celebrate with clients, friends and everyone that will be here in our incredible resort. Hope to see you on the slopes or in the village!
Start planning on holiday dinners and celebrations early. Whistler’s exceptional restaurants are filling their reservations early. If you need our help getting reservations, please don’t hesitate to reach out.
We look forward to seeing you in Whistler soon!
Dave, Chantel and Alison
Whistler Real Estate Company Market Synopsis – October
October marked a second consecutive month of increasing sales with 42* sales in Whistler. This is the highest sales volume the Whistler market has seen since May, as more buyers secured homes for the upcoming snow season. Buyers were focused on townhouses and condos, with only 3 chalet sales coming in this month. 75* new listings hit the market in October, which is a 10% decrease from the new inventory we saw in October of last year. Overall inventory currently sits at 304*units, which is 14% below the 2024 inventory peak coming in July and 3% below the 10-year inventory average. Median days on market for properties sold in October were 64 days for chalets, 28 days for townhomes and 17 days for condos. This is an increase in days to sell both versus last month and last year for chalets, but a significant decrease in the number of days to sell for both townhomes and condos. Apart from the busy condo segment, the Whistler market is currently leaning in favour of buyers.
Pemberton Real Estate Market Synopsis – October
Pemberton saw a busier October with 13* sales – 2 single family, 2 townhomes, 7 condos and 2 vacant land sales. This is a significant increase from the only 4* sales in October 2023 and marks the second highest monthly sales volume Pemberton has seen this year. The median sale price for both townhomes and condos was up year-over-year. This increase in sales volume and price point were likely influenced by the four consecutive Bank of Canada interest rate cuts and the signaling there is more to come. Active inventory is down 19% from last month and sits at 74* units (46 units when excluding vacant land) , essentially on par with Pemberton’s 10-year inventory average. With the CMHC insured mortgage price limit increasing in December, we anticipate further pressure on inventory and more competition to drive prices. Overall, the Pemberton market is currently balanced, with the townhome and condo segments favouring sellers.
*Based on the Whistler Listing Systems’ total dollar volume sold.
