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Whistler real estate transaction report for Nov 9 2010

Blog by Nick Swinburne | November 9th, 2010

I awoke to snow in the valley and the rumours persist of an early opening for the mountain.  Judging by the amount of snow we already have I think we can expect a soft opening for the 19th or 20th.  Dust off those skis and let’s get ready to go!

Go ahead and click here to view the past week's real estate transactions in Whistler, as reported by whistlerlistings.com  Please feel free to contact me with any questions or comments regarding real estate in Whistler.

This week reported:   11 New Listings         13 Sales           17  Price Change
Last Week reported:   15 New Listings         10 Sales           31 Price Changes

This week’s “Pick of the Week” is 2529 Whistler Road in Nordic.  This is a 7500 sf lot with a well maintained old timer cabin on it.  Currently assesses at $877,000.00 the listing is for sale at $819,000.00.  The 7900 sf lot next door is also available for purchase (although not currently listed) and both could be combined for a 14000sf lot.  A great opportunity to build your dream home in one of Whistler desired locations – great sun, close to the ski run and fantastic views of Whistler peak.  http://matrix.buywhistler.com/Matrix/Public/Portal.aspx?ID=150694644

This past week also saw two purchases of 1 bedroom suites in the Westin hotel at good prices.  Unit 361 sold for $203,000.00 and unit 550 for $210,000.00.  For those of you who don’t know, the Westin is one of my favourites of the phase II properties.  Great location and amenities and a proven revenue generator.  Two points to note – Lenders will want 50% down on any phase II property and the Westin is in demand, so if you do wish to purchase here I would recommend having a purchase contract already completed and financing in place.  Call or email me for more information.

Have a great week ahead!