Softening Prices make for Favourable Buying Conditions
Whistler's real estate market remained balanced in August. The MLS® Home Price Index benchmark price for all property types reached $1,317,400, representing a 4.3% decrease year-over-year. There were 38 sales in August, and properties sold for 94% of the original price, on average.
Overall, August activity suggests buyers continued to benefit from choice, while well-priced and well-marketed properties attracted attention. With the market offering a broader selection and measured demand, accurate pricing and effective marketing remain particularly important for sellers heading into the pre-ski season market.
Welcome those fresh crisp days of woolly coats and pumpkin spiced everything. It's a great time to view (nightly rental zoned) properties before the busier Winter months when these properties are heavily booked.
Call me today for more insights on the current market, or a Whistler property valuation.
Thanks for reading!
Market statistics gathered from WLS (Whistler Listing Service) & REBGV (Real Estate Board of Greater Vancouver). Information deemed reliable but should not be relied upon without verification.