Credit plays a crucial role in real estate investment, greatly influencing the borrowing options that investors have at their disposal.
Whistler Home Price
The $1,674,500 price tag on the median Whistler home means that it is quite highly priced by Canadian standards.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 3.
There are 359 neighbourhoods that have more properties on sale than Whistler at the moment in British Columbia which puts the neighbourhood in the top 20% when looking at the number of properties to choose from.
As one of British Columbia’s many potential real estate investment neighbourhoods, Whistler needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
If you are looking at investment properties in Whistler, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.
Canada’s national median home listing price this month is $244,900, which means that Whistler is in the top 20% for Canada.
When our research team crunched the numbers we calculated that Whistler has a median home price of $399,000.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have fewer bedrooms than the most commonly available across the nation.
According to our stats, Whistler is the neighbourhood that has the 15th most properties available to real estate investors in British Columbia.
One of the important leading indicators for property investors is whether the amount of stock on the market is increasing or decreasing – as more comes on buyers have more choice so prices can tend to drop. In Whistler, the amount of stock on the market has decreased which is a positive indicator for house prices. Three months ago there were 156, this month we show 109.
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