whistler CHALET - MARCH 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
AVERAGE PSF PRICE ▲ 21% VS 2023
MONTHS OF INVENTORY 13.0 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 53% VS 2023
▲ 50% VS 2023
▲ 6% VS 2023
▼ 25% VS 2023
There were 78 chalet listings in March, 4% above February and 53% higher than March 2023. March chalet sales remained the same month-over-month, at 6, and were 25% below March 2023. The months of inventory for chalets, at 13.0, reflected a buyers' market. The chalet median price in March was $3,105,000, a 20% increase from February and 6% above March 2023. The average sold price was $4,468,333, 74% above last month; the average PSF sale price was $1,422, up 2% to last month.
THIS MONTH No. $1,422 $4,468,333 $3,105,000 13.0 6 78
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$1,175 $2,975,938 $2,916,250 6.4 8 51
104% -25% 53%
$1,388 $2,562,500 $2,592,500 12.5 6 75
4% 0% 4%
2% 74% 20%
21% 50% 6%
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
97
155
82
80
88
78
134
82
75
73
56
67
61
51
46
11
10
7
7
6
6
5
5
4
3
8
2
6
$7.90M $7.66M
25
$4.02M
$3.65M
$3.17M $3.00M
$2.92M $3.35M
$2.59M $3.11M
$2.41M $2.80M
$2.19M
Mar-23
Feb-24
Mar-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
18.0
1
6+ bdrms
15
21
14.0
12.0
2
10
5 bdrms
28
1
5
4 bdrms
2.7
20
0
2
<$2M $2.0M-2.9.. $3.0M-3.9.. $4.0M-4.4.. $5.0M-5.9.. $6.0M-6.9.. $7.0M-7.9.. $8.0M-8.9.. $9.0M-9.9.. $10M+ MOI INVENTORY SALES 0 3 n/a 3 8 2.7 1 14 14.0 1 12 12.0 0 6 n/a 0 5 n/a 0 6 n/a 0 4 n/a 0 2 n/a 1 18 18.0
<4 bdrms
9
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 April 10, 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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