Apr 30, 2013 Uncategorized

Spring Has Sprung – Whistler Real Estate Spring Newsletter – 2013


Market Report

The real estate markets in Whistler continue to demonstrate steady and predictable levels of sales activity and values. It compares favorably with the same period in 2012 and with the most recent quarter.

Click here to see a larger version of these graphs.

As always, do not hesitate to contact your Whistler Real Estate Company sales agent if you have any questions or would like more information about the current market.

Summer in Whistler Takes Shape

Even though there is still plenty of snow in the mountains and lots of great spring skiing ahead of us, the longer days and warmer temperatures have us all looking towards summer. In Whistler, summer will bring a packed schedule of entertainment. This year’s free summer concert series is hot off the press and includes musical acts representing a variety of genres. To see the schedule please click here.

The Taste of Whistler

When Vancouver’s celebrity chefs decided to spread their wings and fly out of town, Whistler provided the logical destination. Today, some of the top ski-resort restaurants in the world take advantage of the growing locavore or “slow food” movement—as showcased during four months of Sunday farmers’ markets and organic bounty—to provide diners with a surprising array of Northwest cuisine. The use of local food in the 17 on-mountain restaurants is continuously impressive.

In addition to on mountain dining, the resort offers a wide array of options to meet the needs of every appetite. Here are a few options to try:

Araxi Restaurant + Bar: This Whistler institution has been in residence for more than 20 years, and offers the best in steak and seafood. The wait staff are professional and knowledgeable, especially considering its 1000+ wine list, and serves you in a warm and inviting atmosphere.

Dubh Linn Gate: This spot in Whistler Village is known for its breakfast and its beer, but perhaps not at the same time! The food is good (although perhaps not authentically Irish), the beer is reasonably priced and there is live entertainment in the evenings.

Sachi Sushi: This may be the best sushi joint in Whistler. It simply has great fish and it’s usually not too crowded because it is a good distance from the lifts (sorry skiers!) in Whistler Village. Among the usual Whistler eateries this is a stand out.

The Transition Back to GST

As of April 1, 2013 the province of BC made the conversion back to GST at a rate of 5%. On properties where the tax becomes payable on or after April 1, 2013 purchasers will pay GST on their purchase. For more information, please visit www.cra-arc.gc.ca

Calendar of Events

May 17, 2013

Official Opening Day for the Bike Park

June 1, 2013

Whistler Half Marathon – The half marathon is sold out but there is still room for runners looking to do the 10K or the 1K. For more information visit www.whistlerhalfmarathon.com

June 22 – 23, 2013

Tough Mudder – Tough Mudder events are hardcore 10-12 mile obstacle courses designed by British Special Forces to test your all around strength, stamina, mental grit, and camaraderie. For more information visit www.toughmudder.com

Stats & Facts

Visitor Origin: Winter 2011/12

Canada: 45%

USA: 27%

Europe: 13%

Asia: 11%

Other: 4%

Occupancy Trends: Year-to-Date

January: 61%

February: 72%

March: 79%

Demographic Profile: 4 Season Average

First-Time Visitors: 39%

Repeat Visitors: 61%

Annual Household Income:

– Under $50,000: 13.5%

– $51,000-$99,999: 33%

– $100,000-$149,9999: 28.25%

– Over $150,000: 86%

Snowfall Report

November 2012: 217cm

December 2012: 343cm

January: 2013 117cm

February 2013: 128cm

March 2013: 228cm

Stats provided by Tourism Whistler