Whistler & Pemberton Market Update – July 12/22

Greetings from Whistler and Pemberton,

WOW summer has arrived, and it is stunning in both Whistler and Pemberton so far this week. Today was realtors tour for Whistler and we travelled around in Tracey’s pink convertible cabrio for fun, it always puts a smile on people’s faces. The Village is active, the travellers have arrived to enjoy the magic of Whistler. Farmers markets are in full swing up and down the corridor with Fridays afternoons in Pemberton, Saturday Squamish and Sunday’s in Whistler. A great way to find some local treasures by amazing artisans and plenty of fresh produce!

The market continues to shift as we see more new listings than sales as well as more price adjustments. With the interest rate hike as a looming threat this does affect buyers in certain segments of our markets. Our second quarter market update report included “In terms of sales volume, the Whistler market remains fairly “normal”. Sales slowed slightly throughout the quarter, but the number of sales year-to-date remains in line with the 10- year average for Whistler. Inventory continued to rebound throughout the quarter, rising about 40% from Q1 2022, but still 10% shy of where we were sitting a year ago. Even as sales have slowed and inventory increased, prices for Whistler properties continued to climb year-over-year for both chalets and condos. This quarter also marked the sell-out of the new Cheakamus Crossing WHA units, allowing many Whistler locals to fulfill their dreams of owning a property in Whistler. Despite economic conditions, Whistler and Pemberton remain desirable places to live or own property and demand is still much stronger than supply which will continue to bolster our markets. Well-priced properties will continue to sell!”

Here are this weeks numbers for you:

Whistler Market
18 New Whistler Listings
7 Sales in Whistler 
12 Price Adjustments

Pemberton Market
9 New Pemberton Listings
2 Sales in Pemberton
5 Price Adjustments

We look forward to hearing from 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.

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Featured Listing

2619 Wolverine Crescent – NEW PRICE

This hidden gem is situated on a quiet cul-de-sac in Nordic Estates on a 17,000 sq. ft. lot backing onto crown land. This is a rare opportunity to own a home with a ski home trail just steps from your front door and only a short walk to the Whistler Gondola, Creekside Restaurants, the Valley Trails and the Whistler Bike Park. You will love this chalet nestled amongst the trees with it’s big beams, vaulted ceilings, gorgeous gas fireplace in the living room with expansive glazing showing off the beautiful views. The cherry wood floors, create the warmth and ambiance of mountain elegance. The open concept living space is perfect for families or entertaining friends in the beautiful dining area that comfortably seats 10 people. Your Chef will enjoy cooking in this well laid out kitchen with a patio door leading out to a large deck, great for BBQ’s and summer enjoyment. The primary bedroom is complemented with a Spa Like ensuite bathroom with views of your own private patio and forest. There are two more bedrooms each with their own bathrooms on this level. You will appreciate the cozy media/den with French Doors to enjoy quiet times reading or watching movies. There is a beautifully appointed spacious 1 bedroom suite with a gas fireplace, huge kitchen, with a private entrance that can be included in the main home. An oversized 2 car garage tops off the fabulous features of this home. There is plenty of storage for your vehicles and recreation equipment. Don’t miss out on securing this home for your family enjoyment, at it’s finest.

Please click here for full details on this beautiful home.

 

 

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