Big White Real Estate Update – September

Big White Ski Resort is skiing right into nearly 45 million dollars worth of real estate sold thus far in 2019! The third quarter alone brought in 19 million dollars, up slightly from the third quarter of 2018 which saw 17 million dollars in sales. Sales were especially strong in September as we saw 20 properties exchange ownership, an increase of  25% from September 2018. The number of listings currently at Big White Ski Resort sits at 125, which if compared to the same time last year, is up 30%.

September’s average sale price at Big White Ski Resort for 2019 is reported at $446,057. Going back to September 2018, it was reported at $380,344, quite an impressive increase. However; if we go back ever further, to September 2015, the average sale price was just $169,475!! So it just 4 short years, the average sale price has increased by a massive 163%! Talk about an impressive investment!!

The fantastic thing is that $446,057 is the average price, meaning you can purchase a property for far less, or far more depending on your budget. Currently the lowest priced listing at Big White Ski Resort sits at $94,900, UNDER $100k! If your budget is a bit more generous there are listings as high as $3,988,000 and $5,295,000.

Ready to take the jump and invest at Big White Ski Resort? Contact me to get started!

Big White Real Estate Update – May

Big White Ski Resort continues to display a steady increase in property value and investment return. Buyers from all over the globe are keeping the real estate market strong. There is no shortage of Buyers looking for investment properties, vacation homes and rental suites.

300 Moonshine Crescent

The average sale price of a single family dwelling (bare land strata) continues to rise at Big White Ski Resort. Statistics pulled from OMREB show the average sale price year to date of a single family dwelling to be $999,000. The same statistic from January to May 2018 was nearly half that amount at $525,000. Properties at Big White are raising the bar, and prices, with the quality of craftsmanship, high end details, and luxury furnishings,  there’s no wonder  the average sale price is ski rocketing for the luxury ski chalets.

In May, new listings were on par when comparing to last years numbers, as well as the total volume of real estate being sold at Big White Ski Resort. The number of sales were down slightly, but with the overall average sale price being significantly higher than the same time last year, the market is remaining strong.

Big White Ski Resort and the strong real estate market make it a perfect time to purchase or sell your Big White property. Get in touch with me today for a complimentary market analysis or to receive new active listings within your criteria!

Big White Real Estate Market Update – April

Big White Ski Resorts real estate market is still going strong, even after the end of their Winter 2018/2019 season.

April of this year saw a total of 18 new listings hit the market, 44% of which were condos, down from March of last year where condos made up 63% of the new listings. Townhouses made up 27% of the new listings in April and 11% were lots.

The average sale price of lots located at Big White Ski Resort has increased dramatically over last year, the average sale price in 2018 from January-April was $181,500, this year we are seeing the average sale price at $330,667, an increase of 82%!! It’s not just lots that have increased, we are seeing an increase across the board including single family residences jumping from $633,500 to $889,667, a 40% increase!! These statistics prove exactly why Big White Ski Resort is an incredible place to invest in property.