August 2022 Market Update

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Whistler Real Estate Market A Buyer’s Market

In the August 2022 Whistler real estate market update, the main observation pertains to the 30% decrease in new listings from June 2022 to July 2022. This is a tell-tale sign that Sellers are not prepared to list their property only to have it sit on the market for the foreseeable future. The alternative may be to chase the market down with regular price reductions…not a great experience. The market is shifting and Buyers are prepared to wait. How long Sellers are prepared to wait, remains to be seen.

Market Update

When starting your initial search for Whistler real estate, it is important to understand the current market conditions. If you are not ready to connect with a Whistler realtor and would prefer to do your own homework, I encourage you to study the sales and listing statistics on the Market Update page on this site. The statistics are compiled by the Real Estate Board of Greater Vancouver (REBGV) In addition, the monthly Whistler Real Estate Market Update video is a great way to stay informed in less than 99 seconds.

Recent Market Update Videos

The current Market Update video is posted on this blog page. Each month I remove the previous month’s Market Update Video and replace it with the current video. I am not sure why you might want to view the Market Update Videos from past months or years, but if you do they are on my YouTube Channel Market Update Playlist.

For more information on the Canadian real estate market, subscribe to the YouTube channel of Steve Saretsky: Vancouver Realtor, Housing Analyst/Consultant, and Canadian Real Estate/Finance Blogger.

If you have any questions about the monthly statistics, and you are not already working with a Whistler real estate agent, please contact me.

It’s a Good Life in Whistler!

Marion

Marion Anderson *PREC manderson@sutton.com (604)938-3885