Carolyn Hill		           604-905-2873

Whistler Real Estate Co. Ltd.

Real Estate Listings

Whistler Blog 

direct: 604-905-2873
Buying toll-free: 1-800-667-2993  loc. 873

2012

Selling cel: 604-907-0770
Biography fax: 604-932-1279
Newsletter Blog email: carolyn@wrec.com

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2010 Newsletter Blog

 

 

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January 2012 - For the most up to date blog - please goto: www.facebook.com/CarolynJeanHill   and hit the 'Like' button

 

January 5, 2012 Click on the graph to view the volume sales in 2011 compared to 2010 - Whistler is up 20%+

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January 4, 2012 25cm of new snow on the mountains over night - base is now at a whopping 212cm! 
January 1, 2012 Happy New Year!

December 25, 2011 Merry Christmas & Happy Holidays!

November 25, 2011 A beautiful winter day in Whistler with fresh snow - doesn't get any better than this!

November 24, 2011  Loverboy & Trooper are performing this Saturday Nov. 26th at Celebration Plaza starting at 6:30pm $10 admission proceeds go to the Whistler food bank.
November  2011  

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November 19, 2011 Congratulations to a whole new council in Whistler: Mayor: Nancy Wilhelm-Morden Council members: Jayson Faulkner, Duane Jackson, Roger McCarthy, John Grills, Andre Janyk, Jack Crompton

 

October 6, 2011 New release this morning: Duane Jackson (long time Whistler local developer) and Roger McCarthy (ski developer) announce to run for council... two great business minds to get Whistler back on it's feet: http://www.whistlerquestion.com/article/20111006/WHISTLER01/310069967/-1/WHISTLER/four-more-eye-council-spots 

 

October 4, 2011 Ken Melamed announces that he will try for a 3rd term as Mayor read more here (do we want 3 more years of status quo?): http://www.whistlerquestion.com/article/20111004/WHISTLER01/111009996/-1/whistler/melamed-announces-re-election-bid 
September 29, 2011 More council members join the race - click here to read more
September 22, 2011 As of Nov. 1st, parking in Whistler day Lots 4 and 5 will no longer be free: rates are $8 a day, evenings $4 and a 24-hour summer rate of $16, 10-day pass: $65 available all year for Lots 2 to 5 and a monthly pass: $50 a month, $120 for three months and $150 for six months.

September 12, 2011 For any Whistler owners that require a mail in ballot for the November election - here it is. You have to be 18 yrs or older, Canadian citizen & resident of Whistler OR own property in Whistler, resident of BC for at least 6 months and not disqualified by law from voting in an election

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September 5, 2011 - First Time buyer?  Read on to see if you qualify for the first time buyer property tax exemption:  http://www.rev.gov.bc.ca/documents_library/brochures/FirstTimeHomeBuyer.pdf

 

August 13, 2011 - Come to the free concert series at Celebration Plaza in Whistler... tonight starting at 7pm Colin James is playing!

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         August 10, 2011 - Mike Furey named as Whistler's new CAO for Whistler, BC. 

One month after Bill Barratt officially retired from his post as Whistler's Chief Administrative Officer (CAO), the municipality has confirmed that Mike Furey will take over the position starting Monday, Sept. 12.

August 9, 2011 - Official Community Plan (OCP) phase 1 owner update (via Sue Chappel)... click here 
July 28, 2011 - Debt ceiling in the US, what does it all mean?  Click here

 

June 20, 2011 YTD 2nd Qtr Stats compared to 2010 & 2009 - volume sales are up in Whistler, our market is very healthy with condos and townhomes leading the way!  View stats here

 

June 19, 2011 - 

LOW INTEREST RENOVATION LOANS  Financial institutions offer 'green' loans for home owners making energy efficient upgrades. Vancity's Bright Ideas personal loan offers home owners up to $20,000 at prime + 1% for up to 10 years for 'green' renovations. RBC's Energy Saver loan offers 1% off the interest rate for a fixed rate installment loan over $5,000 or a $100 renovation on a home energy audit on a fixed rate installment loan over $5,000. For information visit your financial institution or go to: www.vancity.com/Loans/BrightIdeas/ or www.rbcroyalbank.com/ and in the search box enter 'energy saver loan'.

 

June 3, 2011 - The Whistler real estate market is strong: Carolyn Hill makes top 10 in Whistler Real Estate Co. Ltd. for the month of May as well as top 10 in the company year to date! 

 

June 1, 2011 - Whistler real estate market, one of the best starts to the year!  Graphing our market see the current trends to date: click here

 

MaMay 1, 2011 - Market Report

The real estate market in the first half of 2011 continues to build on the momentum established in the second half of 2010. Despite some continuing economic uncertainty worldwide, consumer confidence against our major target market continues to strengthen. Unit sales volume continues to be consistent for all types of real estate offered here and is slowly growing. Buyers do continue to focus on value for money and convenience. Family oriented townhomes, being the most popular purchase, are in high demand.

Prices continue to consolidate as the market adjusts to the new buyer preferences. The median value of homes currently sits at $992,000 with condominiums valued at $295,000 and townhomes at $605,000.

The number of properties for sale continues to provide an excellent selection for both investors and lifestyle purchasers. Prices are expected to remain at current levels as sales momentum continues to build for the remainder of 2011.

Astute buyers will act to today to take advantage of best-in-decade prices, low interest rates and a great selection of opportunities.

 
March 30, 2011 - 111 sales in 2011 to date (not incl. timeshares & parking stalls) compared to 77 for the same time in 2010.  Volume sales are up in Whistler!

 

March 16, 2011 - What Buyers are looking for in today's market: click here

 

Whistler isn't all work & no play... Family ski on Whistler mountain - powder over our boots!    Skiing & living the dream in Whistler BC

Past Whistler sales in the last 7 days - good variety of condos to chalets with Alta vista pointe 3br selling over list price!

 

Skiing, living and selling the dream in Whistler, Canada

Whistler Company Real Estate Stats - Listing a property?  Who has the majority market share in Whistler?  see here:

 

January 31, 2011 - Whistler voted best skiing in North America... read more here

 

January 30, 2011 - Calling all Skate Skiiers to the ski challenge: As this is my first year skate skiing, I started out very slowly agonizing the hills in the Callaghan trails.  Each time I went out it got easier so I forced myself to get out and made little challenges for myself.  The first challenge was to make it up the first gruelling hill on Madelay loop without stopping, the next was to try to make it up all of the hills without stopping or walking, then it was to make it from the dog parking lot (on the left side after the gate) up & around Madelay loop and back to the parking lot... first time was 1 hr, then 50 mins (feeling pretty good), next was 40 mins (feeling pretty great), today I made it in 35 mins!  My challenge to anyone that dares is to beat my time and report back so I have a new goal to beat.  The Challenge is on!!!  Follow my skating updates on face book

 

January 2011 - Whistler Real Estate's market update: The fourth quarter of 2010 showed a strong rebound from quarter three in terms of both total value of sales and total number of sales. Combine this with a significant decline in the number of properties offered for sales, and the 2010 real estate market ended in a high note and leads us to believe in a positive market environment for 2011.   Although the total number of sales were unchanged as compared to 2009, the total value of sales increased by approximately 10% for the year.

On the single family front, sales volume, unit sales, average price and median price remained largely unchanged from year to year. Average sales price remained at just over 1.5 million dollars with a median value of approximately $1,095,000. Activity was consistent throughout the year, with a total volume of 85 sales valued at $123,602 million.

The townhouse market was the strongest market in 2010 with significant increases in unit volume, dollar sales volume and average price and median value. Average values increased to $779,535 by year and with a median value of $632,000. This activity is reflective of changing trends in consumer preference to smaller, less expensive family property with less upkeep, yet providing year round enjoyment. Increasingly rental income is not a priority for the majority of our buyers. The 154 sales last year valued at over 120 million dollars represent a 40% increase from the year before.

Condominium sales declined during the year reflecting a concern with the rental income and increasing ownership costs. Total sales value and unit sales declined by about 10-15% to approximately $382,000 from the year before. Interestingly median value remained relatively stable in the condominium sector, indicating a narrowing of range of value a the lower price points.  

After several years  of low-activity, building lot sales showed a strong recovery, reaching the highest number of sales recorded since 2002. This was largely due to new offerings at Lakecrest & Baxter Creek. Despite the interest, average price for a lot fell by 15% to $1,004,364 with a median value of $925,000 (the lowest level since 2003). Clearly this segment of the market continues to adjust to the number of lots available for sales and to consumer preference for existing, built properties at a lower end price point then indicated by current lot values on a residual basis  

Although our visitors and customers come from all over the world, the great source of buyer for real estate in our own marketplace continues to be the Lower Mainland. Fully 60% of our buyers are located in the greater Vancouver metro area. The second largest market is buyers with addresses located in Whistler. When combined with all other Canadian purchasers, fully 85% of all properties purchased in 2010 were purchased by buyers with Canadian addresses.  

On a percentage basis, U.S. buyers continue to be our third largest source of purchasers despite recent issues with the exchange rate. It will be interesting to see how this will play out going forward if the dollar stays at par.

Following the U.S., buyers from the Pacific Rim (Australia, Hong Kong, Singapore, etc.) continue to show a strong interest in Whistler, and in light of the growing strength of their economics and their interest in Vancouver, we expect to see steady growth in this area. As always much of our success in selling real estate is a function of our success as a tourist and recreational destination. Changing trends in travel decisions and preferences will need to be watched closely as will the larger economic factors which impact discretionary buying decisions.