Whistler's Top Source For Full Market Information Both Residential & Commercial

Kris Skoupas BFA (Hon)

Bob Hamilton

Kris Skoupas and Bob Hamilton are proud to present to you what we feel is the best site for you to get a complete view of the Whistler real estate market. This is the only site you will have to visit. Our 35 years of combined experience in the Whistler residential and retail/commercial markets has given us insights into Whistler’s beginning days, how it is presently and its future.

Kris is one of Whistler’s most conscientious and knowledgeable Realtors and has lived here for over 22 years. She has exceptional skills that enable her to deal with clients and help them get through what is sometimes a stressful and time consuming exercise. Her advanced educational background combined with her experience in the Whistler real estate market makes her the perfect person to handle your needs.

Bob has been one of the top commercial Realtors in Whistler representing most of the leading landlords and tenants in the Village Center for over 20 years. Not only is he able to provide you with opportunities that exist but also ones that are likely to arise in the future. He is an appraiser licensed through the Canadian Real Estate Association which allows us to accurately inform you of the value of your property or the value of the property you are interested in.

Please do not hesitate to contact us about selling your property, buying a property or with any questions about the Whistler Real estate market.


FIRST QUARTER MARKET REVIEW

The first quarter of 2016 reported the most active quarter of real estate activity since mid-2004. Overall, over 300 transactions were finalized in the first 3 months of the year. This represents a 63% increase in activity as compared to the same period a year ago and a 26% increase over the previous quarter. As a result, the average transaction value has increased by 4.2% since the start of the year.

Demand for Whistler real estate is being driven by favorable exchange rates, low interest rates, extremely active real estate market activity in the Great Vancouver area, and Whistler’s ongoing evolution as a diverse year round community.

All market segments showed strong buyer interest limited only by the continued low level of available opportunities. The condominium market in particular posted its strongest quarter since 2003.

The overall average transaction value rose by 4.8% to $840,000 over the course of the quarter. However, both single family homes and townhouses showed big jumps of almost 40% in average transaction value as purchasers focused on higher value properties through the resort.

Currently, the average transaction value of a single family home is $2,284,000, while townhouses ring in at $1,042,000. Condominium values fell slightly to $314,300. Single family lots average to $1,072,000 to date and shared ownership/quarter shares fell slightly to $75,000.

Current market activity is being determined largely by what is being offered for sale and we expect that general statistical analysis will be quite volatile going forward. As Whistler is a small and it is important for buyers and sellers to look closely at more detailed data for both the type of property they are considering/selling as well as the neighborhood in order to get a true picture of their particular area of interest.

Going forward we expect prices to remain strong as the factors driving demand for real estate in Whistler will likely remain unchanged. Sellers will continue to be firm on prices and buyers will need to be decisive to avoid disappointment. If you would like to have a free evaluation of your property or have any further questions please do not hesitate to contact us..

PROPERTY TRANSFER TAX CHANGE

According to these new guidelines, the Property Transfer Tax (PPT) will now be charged on the "fair market value of a property" at a rate of:

  • 1% on the first $100,000
  • 2% on the portion of fair market value greater than $200,000, up to and including $2 Million.
  • 3% on the portion of the fair market value greater than $2 Million.

First-time home buyers may be exempt from the PTT under the BC First Time Home Buyers' Program if they meet specific conditions, including that the purchase price is not greater than $475,000. There is a proportional exemption for homes between $475,000 and $500,000.

Qualifying buyers of new homes may be exempt from paying the PTT if the purchase price of their home is priced up to $750,000. There is a proportional exemption for homes priced between $750,000 and $800,000.

Upcoming Featured Events

ApriL 23

Performance Series: Mazacote - Get your dancing shoes on for this west coast Latin dance band.

May 20

GO Fest: Whistler's Great Outdoors Festival - With 4 days of events and something for everyone, Go Fest celebrates everything outdoors and welcomes the warmer months.

June 4

The North Face Whistler Half Marathon - Choose your distance and race this scenic course through Whistler Village and beyond.

June 11

Comfortably Numb - This 23 kilometer race is like no other with epic climbs and sweeping views.

June 18-19

Tough Mudder Whistler - The famous military-style Tough Mudder obstacle course meets the rugged Coast Mountains. Test your limits.

July 1-3

Whistler Longboard Festival - High speeds meet skate jams as world-class athletes race down the Whistler Sliding Centre Road.

For more, up-to-date information about local events visit our events page.