whistler
FRACTIONAL OWNERSHIP - MARCH 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
AVERAGE PSF PRICE ▲ 24% VS 2023
MONTHS OF INVENTORY 7.0 BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 12% VS 2023
▲ 33% VS 2023
▼ 20% VS 2023
▼ 8% VS 2023
There were 28 fractional ownership listings in March, 17% above February and 20% lower than March 2023. March fractional ownership sales decreased by 33% month-over-month, to 4, and were 33% above March 2023. The months of inventory for fractional ownership, at 7.0, reflected a balanced market. The fractional ownership median price in March was $346,250, a 47% increase from February and 8% below March 2023. The average sold price was $420,375, 64% above last month; the average PSF sale price was $347, up 8% to last month.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$347 $420,375 $346,250 7.0 4 28
$280 $375,000 $375,000 11.7 3 35
24% 12% -8% -40% 33% -20%
$323 $255,667 $235,000 4.0 6 24
8% 64% 47% 75% -33% 17%
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
30
35
30
35
29
28
24
23
20
20
20
20
19
18
18
11
18
8
8
6
3
3
2
4
6
3
5
4
4
$375K
$370K
$355K
$346K
$339K
$335K
$325K
$313K
$285K
$268K
$261K
$235K
$221K
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
9.0
1
8
4+ bdrms
6
1
3 bdrms
4.0
12
4
3.0
1
2 bdrms
2
9
0
1
<$100K
$100K-149K $200K-299K $300K-399K $400K-499K $500K-599K
$600K+
<2 bdrms
MOI INVENTORY SALES
0 5 n/a
1 9 9.0
2 8 4.0
0 2 n/a
0 1 n/a
1 3 3.0
6
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. 59 ●
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