Real Estate sales activity during the third quarter of 2011 was highlighted by strong activity in the townhome segment of the marketplace.

Overall, sales activity improved by approximately 7% over that reported for the same period last year. Strong interest continues in the marketplace for life-style oriented, ready to move into opportunities which should insure that sales activity for the year will exceed that achieved in 2010.

The average sales price for a single family home was $1,248,000; for a condominium was $265,240; and for a townhome $605,113, during the most recent quarter.

Current high levels of interest in Whistler real estate opportunities should continually support the improving sales activity which will begin to be reflected in sales values. Increasingly, we find that the best valued properties are attracting offers quickly as purchasers are following the market closely looking for the best opportunities.