the vancouver rennie review | February 2024

whistler TOWNHOME - JANUARY 2 0 2 4

SALES TO LISTINGS RATIO 17% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 9% VS 2023

MEDIAN PRICE

TOTAL LISTINGS

SALES

▲ 20% VS 2023

▲ 100% VS 2023

▼ 20% VS 2023

▼ 6% VS 2023

There were 59 townhome listings in Whistler in January, no change to December and 20% higher than January 2023. January townhome sales increased by 11% month-over-month, to 10, and were 100% above January 2023. The sales-to-listing ratio for townhomes in Whistler, at 17%, reflected a balanced market. The townhome median price in January was $1,840,000, a 21% decrease from December and 6% below January 2023. The average sold price was $2,015,100, 22% below last month; the average PSF sale price was $1,452, down 17% to last month.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL LISTINGS TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

10 59

$1,597 $2,531,200 $1,950,999 10% 5 49

-9% -20% -6% 66% 100% 20%

$1,744 $2,583,889 $2,320,000 15% 9 59

-17% -22% -21% 11% 11% 0%

$1,452 $2,015,100 $1,840,000 17%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● JAN 2023 ● JAN 2024

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

66

69

68

59

52

59

57

46

54

49

46

45

43

18

17

15

14

11

10

14

14

13

5

9

9

8

$2.55M

$2.32M

$1.95M

$1.97M

$1.88M

$1.86M

$1.84M

$1.70M

$1.48M $1.48M

$1.46M

$1.27M

$1.20M

WHISTLER

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

25

100%

2

4+ bdrms

20

7

15

5

3 bdrms

25

10

27%

2

2 bdrms

17%

5

18

13%

9%

0

1

<2 bdrms

<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+

9

S-L RATIO SALES INVENTORY

11 1 9%

2 0 n/a

8 1 13%

3 0 n/a

1 1 100%

11 3 27%

23 4 17%

Copyright © 2024 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 7, 2024. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 57 ●

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