the vancouver rennie review | August 2024

whistler

RESIDENTIALLY-ZONED ATTACHED - JULY 2 0 2 4

DATA: WHISTLER LISTING SYSTEM (WLS)

AVERAGE PSF PRICE ▲ 20% VS 2023

MONTHS OF INVENTORY 7.0 BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 93% VS 2023

▲ 1.2% VS 2023

▼ 6% VS 2023

▼ 20% VS 2023

There were 56 residentially-zoned attached listings in July, 5% below June and 93% higher than July 2023.

July residentially-zoned attached sales increased by 100% month-over-month, to 8, and were 20% below July 2023.

THIS MONTH No. $1,550 $1,844,250 $1,557,000 7.0 8 56

PREVIOUS MONTH No.

PREVIOUS YEAR

No.

% Change

% Change

The months of inventory for residentially-zoned attached, at 7.0, reflected a balanced market.

TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

10 29

20% -6% 1.2% 141% -20% 93%

$1,116 $1,796,875 $1,548,750 14.8 4 59

0.5% -53% 100% -5%

The residentially-zoned attached median price in July was $1,557,000, a 0.5% increase from June and 1.2% above July 2023. The average sold price was $1,844,250, 3% above last month; the average PSF sale price was $1,550, up 39% to last month.

$1,290 $1,964,000 $1,538,000 2.9

39% 3%

▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)

▶ RECENT TRENDS

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

147

54

56

59

47

36

36

35

33

34

33

29

31

31

11

7

10

6

6

8

4

4

4

4

4

2

6

$1.94M

$1.80M

34

$1.55M $1.56M

$1.54M

$1.50M

$1.44M

$1.30M

$1.12M

$1.12M $1.25M $1.24M $1.20M

16

Jul-23

Jun-24

Jul-24

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET < 5

BALANCED 5 - 8

BUYERS' MARKET 8+

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY

14

7.0

4+ bdrms

12

5

5.5

5.0

10

4.0

4.0

6

8

3 bdrms

29

6

4

1

2 bdrms

11

2

0

1

<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+ MOI INVENTORY SALES 0 2 n/a 0 5 n/a 2 8 4.0 1 4 4.0 0 7 n/a 2 11 5.5 1 5 5.0 2 14 7.0

<2 bdrms

11

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 August 6, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 59 ●

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