Market activity in the Whistler and Pemberton marketplaces was slightly slower compared to the previous months. This is level of activity is fairly typical as we begin the winter season and the holidays loom before us.
Overall, 74 transaction were reported compared to 100 in October, but year on year November saw an increase over 2014 activity for this month.
Just over $50,000,000 in volume was transacted for the month with an average transaction value of $678,781. Overall for the year both numbers have shown solid increases in both number of transactions and the total value of those transactions. The average transaction value this year for Whistler is currently sitting at $793,775 and $429,485 for Pemberton.
Based on current trends, 2015 should finish as the strongest market year in terms of activity since 2008. The market continues to be strongly orientated towards townhouse and condominiums priced under 1.5 million dollars.
Currently the average sale prices in Whistler are:
In Pemberton prices continue to be much more affordable:
For more in depth information about current market activity please contact us or one of our Realtors.