This monthly post reports on the Whistler real estate market in May with statistics taken in April, 2021. The statistics are courtesy of the Real Estate Board of Greater Vancouver (REBGV) as Whistler is a member. That said, not a lot of change over the last month’s report. However, it is important to have a look at the supply and demand numbers of each segment and to see which segment is driving the market.
May 2021 Market Segment Statistics
There are three segments featured in the statistics: 1) detached houses; 2) townhomes; and 3) condominiums. In order to understand these more, The REBGV provides a statistics on each of these segments. To view, please click the link for the Market Update page on this site. The advantage of reviewing the segment statistics is you can focus on one segment. In essence, this approach will increase your knowledge in the segment of interest.
Ski-in Ski-out Market
If you are not ready to buy real estate, but you are planning on buying in the future, now is a great time to look at real estate sale and ask yourself which segment is selling faster. Then, dig deeper and discover what location is selling with multiple offers. This might be the time to start a spreadsheet of the properties you are considering. All of this information will start to build a picture for you of what property is the best investment for your family. Buying is a process. When you get invested in it early, with the right Whistler realtor, you will build a solid foundation of knowledge, which will benefit you in the long run.
If you are not working with a realtor, please give me a call. I would be happy to discuss the Whistler market with you.
It’s a Good Life in Whistler!
604 938 3885
Marion Anderson PREC*
*Personal Real Estate Corporation
Sutton Group – West Coast Realty
#203, 1080 Millar Creek Road, Whistler, BC, V8E 0S7