MOREL REAL ESTATE TEAM NEWSLETTER | JANUARY 2022
Happy New Year! We hope that you enjoyed the holidays, and have had a wonderful start to your 2022!
Real Estate has been a focus for Buyers throughout the pandemic. With low interest rates, increased household savings, more flexible work arrangements, and higher property prices than ever before, buyers , in record numbers, are assessing their property needs and options.
Stats showed that 2021 was a very robust market and a year of great demand in the Sea to Sky Corridor. Bidding wars were at an all time high and prices increased as a result of the low inventory levels. As we look forward to 2022, we will likely continue to see a competitive market continue in these sought after areas to live.
The asking price of homes for sale in Whistler has increased 45.5% since January last year, while the number of homes for sale has decreased -41.78%.
Current Whistler MLS® stats indicate an average house price of $1,983,769 and 54 new listings in the last 28 days. As of today, Whistler housing data shows median days on market for a home is 7 days.
More info :Whistler real estate is red-hot and not slowing down – Squamish Chief
If your year brings interest in buying or selling in the Sea to Sky Corridor, we are ready to answer any questions you may have and help you prepare and plan a strategy that suits your needs.
We look forward to assisting you with your Real Estate needs in 2022!
Sea to Sky Real Estate Market Update:
Through December 2021
WHISTLER’s real estate market had a total dollar volume of approximately $66 Million in December. There were a total of 41 transactions. Of those sales, 5 were chalets, 5 were vacant land and 8 were condominiums sales.
For a complete breakdown of Whistler Sales by Dollar Volume, Transactions and Property Types, for the past few years, please view our December 2021 stats package here
The SQUAMISH real estate market had a total of $40 Million in sales in December. There were a total of 35 property transactions. Of those sales, 14 were single family homes,7 were townhomes and 10 were condominiums.
Want more Squamish Stats?
view our December 2021 stats package here
The PEMBERTON market had approximately $5 Million in total dollar volume in December. There were a total of 5 transactions. Of those sales, 1 was a chalet and 2 were townhouses and 1 was vacant land.
Want more Pemberton Stats?
view our December 2021 stats package here
Luxury Chalet in Whistler, BC
4 Bedrooms | 4 Bathrooms
This One-Of-A-Kind Mountain Home is located in the exclusive Spring Creek residential neighborhood and shows off its quality with soaring vaulted ceilings accented with large heatsaving low e windows. The open floor plan and large deck invite you to enjoy a cozy feeling while entertaining or just relaxing at home. Check out the views of Mount Currie or hop on the valley trail right across the street connecting you to amazing wilderness trails. The Khyber Strata has been fire smarted, the new eight zone sprinkler system makes gardening a breeze and permanent Christmas lights have been installed. If that’s not enough there is potential to add an additional 600 square feet if need be. This could be a great family home or holiday lodge. Lots of extras, ask for the list. One bedroom suite.
*Listed by Bruce Watt with RE/MAX Sea to Sky Real Estate*
Pied-a-Terre’s in Whistler, Pemberton and Squamish
*COMING SOON*
Nightly Rentals Permitted + Steps from Ski in/out Access
#57 – 4510 Blackcomb Way, Upper Whistler Village | $1,499,900
Lofted 1.5 Bedrooms | 1 Bathrooms
Location, Location, Location. Nestled between Whistler Village and Upper Village, #57 Gables is steps to Whistler and Blackcomb Gondolas and the Whistler Bike Park. Split over 2 levels, this lofted 1.5 bedroom has high vaulted ceilings with lots of windows inviting in an abundance of natural light, and is ready for your creative touch! Become the next owner at this coveted Whistler complex, enjoying the unlimited/flexible owner usage and nightly rental zoning.
1504 Whitecap Crescent, The Ridge, Pemberton | $549,000
VACANT LAND | 0.37 ACRES
Enjoy Pemberton’s premiere neighbourhood from your dream home on Lot 12, The Ridge. Sun and views all day long from this easy build lot. Zoning is very flexible allowing you to build up to 6500 sq ft of living space including 2 accessory buildings. Easy access to all recreation that Pemberton has to offer and only 30 minutes drive to the world class resort Whistler Blackcomb.
Luxury Squamish Chalet
40211 Garibaldi Way, Squamish, BC | $3,588,000
9 Bedrooms | 8 Bathrooms
Beautifully designed & constructed, this sensational timber-framed Whistler-style home exudes elegance & pride of ownership! Situated on a large, level 20,625 sq. ft. lot, providing you with complete privacy. Elegant & bright living spaces including a gourmet kitchen w/ side-by-side fridge & freezer, gas stove, huge, tiered island, pantry & eating area large enough for full-sized dining table. Master bed includes a private balcony & spa-like ensuite. There are 9 beds including 2 bed registered suite + in-law accommodation, 8 baths, laundry on both levels, gorgeous flooring, vaulted & coffered ceilings on the main, 2 story fireplace feature wall, media room, open loft area for kids, covered patio for year-round bbq’s, 10 car garage, massive storage … too many details to outline!
*Listed by Tara Hunter with RE/MAX Sea to Sky Real Estate*
By the way – We are NEVER too busy for your referrals!
We are facing low inventory and very high demand! Buyers are out there for luxury homes and pieds-à-terre! Call us today if you are thinking about selling! 604.935.3635
Does Staging a Home Really Add Value to the Sale?
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For prospective buyers, visualization is key in determining if a house feels like a home. RE/MAX agents weigh in on why staging could be a make-or-break factor in sellers receiving top dollar value. Read Article here: https://news.remax.com/does-staging-a-home-really-add-value-to-the-sale |
Whistler Property Assessment Values Spiked Last Year
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Whistler and Pemberton’s assessed property values jumped significantly this year, following two years of slowed growth. Whistler saw a 29-per-cent increase in the median assessed value of single-family homes, from $2.033 million in 2021 to $2.629 million in 2022, according to BC Assessment. Assessments of the resort’s residential strata properties—meaning condos and townhouses—rose in value by an average of 24 per cent this year, from $931,000 a year ago to $1.154 million in 2022. Read full article here: https://www.piquenewsmagazine.com/local-news/whistler-property-assessment-values-spiked-last-year-not-expected-to-slow-anytime-soon |
Whistler Pride and Ski Festival January 23-30, 2022
Whistler Pride and Ski Festival pairs an unparalleled mountain experience with world-class event programming. Hosted by a team of friendly ski & snowboard guides and the festival events team – this is Canadian hospitality at its finest.
The festival team is working with partners and consulting local authorities to program a festival that keeps the spirit of Whistler Pride alive while prioritizing the health and safety of attendees. Whistler/Blackcomb is fully operational with COVID-19 safety protocols in place. The resort is eager host the festival and celebrate Pride with us!
For more information: https://whistlerpride.com/
Destination Canada/Grant Gunderson
Tourism Whistler/Justa Jeskova