Holiday Greetings from Whistler!
Busy season in the Resort has begun and I thought a quick 2013 market recap would be of interest. The real estate market has been moving along at a keen pace for the past few months – a telling sign that a continued shift to recovery is under way. The trends of increased buyer activity leading to a decrease in inventory continue. We are also seeing a slight increase in dollar volume. Compared to a year ago most property types (excluding phase II hotel-condo) have seen a 5% increase in value.
comparison of numbers of sales base on property type can be seen below. The comparison is between now and this time
The past year's declining active listings and increasing number
of sales can be seen here.
Overall the total number of sales January to November this year equals 608 with a dollar volume of $435M compared to last year of 551 with a dollar volume of $369M. 2013 is pacing to match if not exceed the total number of saels for 2007.
I hope you have an enjoyable week ahead with family and friends and wish you a healthy and properous new year.