The Numbers Behind the Sales in Whistler

Well it took a little time – after all it is a science.    

    

Disclaimer    

The numbers could be off one or two sales.    

 I did not include timeshare    

The last couple of years existing projects sales have made their way into mainstream sales statistics 

(Homes that never sold during a new project launch – but since have).   

I never doctored any numbers, just gave you the real deal.    

 I did notice a trend – as there will be in all real estate markets.    

What I Noticed    

2002 and 2007 were very similar years, especially if you take out projects. Both years have record sales; I would say every four years Whistler has an upsurge in the market. In the middle of this surge is when prices start moving upwards; the supply would diminish and the demand would rise. The next up swing in the market should be in 2011 – yes 2011 last quarter is when I will sell my home.    

2004, 2005 and 2006  seem to be the slowest years for sales; I would venture to guess prices came down a little which helped to make 2007 a strong market. Which leads us to believe that if the market has slowed since 2007 and the next surge is in 2011 – then 2010 is the year to BUY.   

   

The language of Real Estate    

A few other items of importance when talking real estate: http://bit.ly/bksTG    

Above is a link to Wikipedia and a very interesting interpretation of the following…    

median is described as the numeric value separating the higher half of a sample    

mean is the sum of the observations divided by the number of observations    

  

Above is a picture of “At Natures Door” sold in 1/10th shares similar to 1/4 share  

The Number of Sales and the Product Type:  2002 – 2009

  

Type 2002 2003 2004 2005 2006 2007 2008 2009
Chalets 143 95 64 101 114 169 83 93
Condos 755 434 339 301 337 553 338 257
Land 34 13 18 10 13 28 19 10
Projects 275 125 202 47 100 40 0 0
1/4 share 95 72 50 30 41 64 79 101
Total Sales 1300 729 696 528 644 943 519 483

Next blog will be my experience and cost as a tourist in Whistler during the New Years.   

If you want to subscribe to whistlerheather via E-mail, just fill in the subscription box 1/2 way up this blog on the left… 

I look forward to your comments – don’t be shy!   [tweetmeme source=whistlerheather only_single=false]

     

    

                 
                 
                 
                 
                 
                 
                 

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