| Welcome to 2011!!
I hope you had a wonderful 2010. Looking forward I still firmly believe that that buyers will discover Whistler as an absolutely amazing place to live and raise a family. You’ll see from the stats below that chalet sales were off from 2009. However, townhouse sales are up. Despite the fact that more dollars were spent overall, it appears that the buyers made the decision to purchase less expensive product…perhaps an initiation into 0ur somewhat intimidating market. Many have been talking about how long it will take to get through this ‘Olympic Hangover’. Is it a year or two or three?? The jury is out at this point, but patience and positivity are the keys here. Whistler has so much to offer. Have a look at the newsletter below and contact me if you have any questions. I’m always available to help.
Sincerely,
Glenn
Whistler Real Estate Update
2010 – A YEAR IN REVIEW
Looking back over the 2010 real estate market in Whistler and Pemberton it still proves to be a buyer’s market. Plenty of product to view and no real sense of urgency with only a few multiple offer situations. While the rest of the world is still dealing with an economic down turn, Canada has managed to pull through the year with a stronger economy. The real estate market in Whistler has remained steady with an average of 37 sales per month. Finishing the year with close to the same number of sales as 2009. The difference being in an added $25,000,000 in sales volume over the previous year. Townhomes were by far the top seller.
Sales 2009 Sales 2010
Chalet 93 77
Duplex 8 14
Condo 131 117
1/4 share 104 48
Townhouse 119 149
Land 10 33
Statistics show that, although not immediate, The winter Olympics, do have an impact on real estate for the communities involved. Park City, Utah, host of the 2002 Winter Games; prior to the games and for almost two years post Olympics Park City’s market had a build up of un-sold properties and it was not until 2004 that their market began to heat up, where upon with the exchange of properties led to a boom in development…especially in detached housing.
Whistler has just been through the largest global exposure it has ever experienced to date, having over 1 billion people see our beautiful home. The infrastructure or legacy from the games will also be a drawing card that has a direct correlation to real estate sales. Highway 99, the YVR improvements, Callaghan Valley, Sliding Center and the Canada Line in Vancouver are now all part of a value added service available for the consumer. These little improvements help in the value of real estate and the next year in Whistler and Pemberton should prove to be steady.
One thing we are promoting with real estate sales today more than ever is Lifestyle. The purchase of a home in Whistler is not just a financial investment, it is where memories will be made. It is about healthy choices, exercise, fresh air and peace from sirens and traffic. Of course we do have rush hour in Whistler especially when the mountain closes or it is a holiday time like Christmas! But owning a property in Whistler comes with pride, plans, and adventure in your future – this picturesque village is a family place, a happy pl
RE/MAX News
WHISTLER’S MAYOR REVIEWS 2010 - Mayor Melamed gave a review of 2010 at the December 21, 2010 council meeting. To read the complete address, please click here.
REVIEWING THE BUDGETING PROCESS FOR 2011 – The council recently announced that there was an unforeseen shortfall of $2.8 million in the 2011 budget. Following a review and subsequent public input a detailed 2011 Budget Update has been presented with a budget shortfall, after some substantial cuts, of $820,000.
Also, the 2011 budget process has been adjusted to allow for more time to explore options and develop solutions. It is expected that the capital budget will be brought forward in January 2011 and the final budget (including the operating budget) will be brought before Council in April 2011…..more information
COMMUNITY ENRICHMENT GRANT PRESENTATIONS
Each year Council makes financial grants to local charities and non-profits that benefit the resort community.
- Whistler’s Childcare Centre Society - $11,000
- The Get Bear Smart Society - $10,000
- The Whistler Nordics – $13,000
- Whistler Adaptive Sports Program – $20,000.
- WORCA – The Whistler Off-road Cycling Association – $25,000
- Whistler Gymnastics Centre – $12,500
Thinking of selling your home then check out our “ARE YOU FIT TO SELL” programme – which offers home staging & other home improvements tips from Real Estate & Home Staging Experts: more information
Whistler Today
TELUS WINTER CLASSIC – January 28th & 29th
THE TELUS WINTER CLASSIC IS BACK BIGGER AND BETTER FOR 2011! This action-packed weekend features fun filled ski events, wine, beer and food galore, our famous silent and live auctions and fabulous live entertainment and the BEST part is that all proceeds from the event go to support Non-Profit Charities! Come out and join us for an event that you don’t want to miss….more information
Whistler’s WinterPride – January 30th – February 6th
Don’t miss one of the biggest and best gay ski weeks in the world! 2011 marks the 19th anniversary of Whistler’s WinterPRIDE. The celebration features a full slate of events from dog sledding and snowmobiling adventures to wine tasting, a pool party, snowball dance, fantastic skiing and snowboarding and everything in-between.
Upcoming Whistler Events
Check out these other events taking place in January.
- Fresh Tracks Mountain Top Breakfast every day until April 3rd April. Upload between 7:30 and 8:30 am, access is limited to the first 650 people
- Free Mountain Tours every day until April 3rd April. Meet at the lightboards on Whistler and Blackcomb Mountains.
- 7-Eleven Fire and Ice Shows every Sunday until April 13th April, at 6:30 pm at the base of the Whistler Village Gondola.
- Sea to Sky Brushes Exhibit at Scotia Creek Gallery – January 6th – 31st from 5:30pm – 7:30pm.
- GORE-TEX Deep Winter Experience – January 8 -16th Whistler Blackcomb’s nine day Deep Winter Experience features a variety of experiences inspired by January’s snow storms – Tickets at WB Guest Relations.
- Forest One Car Exhibit – January 1st – March 31st at the Lil’wat Cultural Centre.
- Artist Exhibition – Paul Paquette – January 15th between 5:00 and 8:00 pm at the Adele Campbell Fine Art Gallery.
- Songs Are Like Tattoos – A Tribute to Joni Mitchell - January 25th by singer/songwriter Mia Sheard – Tickets through Millennium Place Box Office.
- Artist Exhibition – Rod Charlesworth – January 29th between 5:00 and 8:00 pm at the Adele Campbell Fine Art Gallery.
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