We saw 11 sales of Whistler Property for the week ending July 4, 2010. This was the first time in double digits sales numbers for Whistler real estate, since the beginning of May 2010.
Our largest sale of the week was 5638 Alta Lake Road a single family house adjacent to Alta Lake with 4beds/3baths for $2,300,000. The property was orginally listed at $2,999,000 at the beginning of 2010, so this was a big drop from the starting list price. Our next sale at 19-7124 Nancy Greene Drive was also over $2,000,000 at $2,100,000 was $600,000 lower then the asking price of $2,700,000. This Fitzsimmons Walk townhouse offered 4 beds/3 baths. The trend of significant drops from asking price continued with the sale 10-4645 Blackcomb Way a 3bed/3bath Blackcomb Benchlands townhouse for $1,200,000. The original asking price was $1,599,000. All 3 of these sales show some of the value Buyers are finding in the Whistler real estate market.
We then saw a single family house sale 9492 Emerald Drive a 3bed/2bath house with a 2 bed suite for $699,000.
The next 3 sales were townhouses, starting with 8-4637Blackcomb Way in Snowberry a 3bed/2bath for $690,000 and then 7-2014 London Lane with 2.5bed/2bath only steps from Creekside Gondola for $478,000. Lastly 1-8013 Timber Lane with 2.5bed/2bath in Alpine for $393,000.
Our last 4 sales were all condos. 315-4557 Blackcomb Way a 1bed/2bath Le Chamois unit at the base of Blackcomb for $345,000. Next was 232-4314 Main Street a 1bed/1bath unit in Town Plaza in Whistler Village for $310,000. Our last 2 sales were both studios units. 201 Le Chamois for $240,000 and 367 Hilton for $153,000. Click here to view the sold listing details for all these properties.
We saw 17 new property listings hit the market and our active Whistler property listings total is at 820. Click here to view the latest Whistler real estate listings.
davebrownrealtor
Yah!! finally double digits in weekly sales and the gap between sales and listings is finally closing. Looking at the drop in active listings is also quite encouraging because that means, correct me if I am wrong, 57 properties were de-listed. That will help the market correct itself quite a bit.
Yes Rob we’re seeing some property come off the market and also with sales increasing inventory is going down. It’s a great to be a Buyer but encouraging for Sellers to see the weekly sales in double digits again. August through October are traditionally our largest months for sales historically. This week’s double digit sales may be a sign of that trend continuing.