Big White Real Estate Update – June

The Summer season at Big White Resort has begun and with that comes new people exploring the mountain. The summer season has allowed the Real Estate market to remain strong in the winters off season. As of today, Big White Ski Resort has 110 active listings, just 9 more active listings than June of 2018.

Average sale prices continue to gain momentum as Junes average sale price was $483,800, an increase of approximately 15k from May of this year, and, an even greater increase from June 2018 where the average sale price was just $292,500. If you like numbers, that is a 65% INCREASE! However, that doesn’t mean that all of the current listings at Big White are pricey, you can get into a mountain property for UNDER 100k; however, if your budget is more generous, there are also properties listed for up to 6.3 million.

The first half of 2019 has seen 57 sales, down from 2018s first half, but with the large increase in the average sale price, Big White Ski Resort remains a perfect opportunity for investors and vacationers alike. Buyers worldwide are still visiting Big White Ski Resort to explore the investment potential the mountain offers. With no speculation tax or foreign buyer tax, Big White Ski Resort is an ideal place for out of country investors to build their portfolio.

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!