whistler CHALET - APRIL 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
MONTHS OF INVENTORY 19.8 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 72% VS 2023
▲ 9% VS 2023
▼ 8% VS 2023
▼ 43% VS 2023
There were 79 chalet listings in April, 1.3% above March and 72% higher than April 2023.
April chalet sales decreased by 33% month-over-month, to 4, and were 43% below April 2023.
THIS MONTH No. $4,830,000 $3,075,000 19.8 4 79
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
The months of inventory for chalets, at 19.8, reflected a buyers' market.
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$4,416,286 $3,350,000 6.6 7 46
201% -43% 72%
$4,468,333 $3,105,000 13.0 6 78
8% -1% 52% -33% 1.3%
The chalet median price in April was $3,075,000, a 1.0% decrease from March and 8% below April 2023.
The chalet average sold price was $4,830,000, 8% above last month and up 9% to April 2023.
9% -8%
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
97
155
82
80
78
88
79
82
75
73
56
67
61
46
94
77
11
10
7
7
6
6
5
5
4
3
2
7
4
$7.90M $7.66M
$4.02M
$3.65M
$3.35M
$3.17M $3.00M
$3.11M $3.08M
$2.55M
$2.41M $2.80M
$2.19M
Apr-23
Mar-24
Apr-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
16
15.0
14
13.0
12
10
8
5.5
6
4
2
0
<$2M
$2.0M-2.99M $3.0M-3.99M $4.0M-4.49M $5.0M-5.99M $6.0M-6.99M $7.0M-7.99M $8.0M-8.99M $9.0M-9.99M
$10M+
MOI INVENTORY SALES
0 4 n/a
2 11 5.5
1 13 13.0
0 12 n/a
0 9 n/a
0 4 n/a
0 6 n/a
0 3 n/a
0 2 n/a
1 15 15.0
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 May 8, 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. 58 ●
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