The real estate sector may have gotten off to a shaky start this year, but agents in Whistler reported this week that residential sales are picking up pace and returning to “normal” levels.
According to the latest statistics, 40 properties were sold in Whistler in July at a total value of $28 million. During the entire third quarter last year, July to September, 118 properties were sold at a total value of $93 million.
Pat Kelly, owner of the Whistler Real Estate Company, said the real estate sector is well on its way to matching last year’s transaction numbers. “It is building,” said Kelly of the market place. “You don’t go from zero to 100, but it is picking up at the moment… If it continues to grow, I think we’ll be able to see a return to levels of business by the end of third quarter.”
Read the full article by Claire Piech “Whistler real estate market stabilizing” at Pique News Magazine (August 5, 2009)