data pack: the vancouver rennie review | March 2025

whistler

UNRESTRICTED NIGHTLY RENTAL - FEBRUARY 2 0 2 5

DATA: WHISTLER LISTING SYSTEM (WLS)

AVERAGE PSF PRICE ▼ 3% VS 2024

MONTHS OF INVENTORY 8.6 BUYERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 5% VS 2024

▲ 11% VS 2024

▼ 4% VS 2024

▼ 14% VS 2024

There were 103 unrestricted nightly rental listings in February, 7% above January and 5% higher than February 2024. February unrestricted nightly rental sales increased by 33% month-over-month, to 12, and were 14% below February 2024. The months of inventory for unrestricted nightly rental, at 8.6, re&ected a buyers' market. The unrestricted nightly rental median price in February was $1,674,400, a 24% increase from January and 4% below February 2024. The average sold price was $2,789,233, 74% above last month; the average PSF sale price was $1,929, up 22% to last month.

THIS MONTH No. $1,929 $2,789,233 $1,674,400 8.6 12 103

PREVIOUS MONTH No.

PREVIOUS YEAR

No.

% Change

% Change

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

14 98

-3% 11% -4% 23% -14% 5%

$1,580 $1,605,654 $1,350,000 10.7 9 96

22% 74% 24% -20% 33% 7%

$1,979 $2,514,143 $1,737,500 7.0

▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)

▶ RECENT TRENDS

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

111

117

54

106

99

111

103

98

100

96

96

96

93

90

35

32

25

15

14

14

11

11

9

8

14

12

17

11

11

$2.27M

$2.11M

$1.80M

$1.74M $1.75M

$1.67M

$1.65M $1.58M

$1.65M

$1.54M

$1.34M

$1.35M

$1.00M

Feb-24

Jan-25

Feb-25

▶ 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

11.0

1

20

4+ bdrms

21

7.3

15

3

3 bdrms

13

4.4

10

3.0

6

2 bdrms

5

29

0

2

<$800K $800K-999K $1.0M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4M+ MOI INVENTORY SALES 0 7 n/a 0 14 n/a 3 22 7.3 5 22 4.4 0 8 n/a 0 2 n/a 2 6 3.0 2 22 11.0

<2 bdrms

40

Copyright © 2025 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 March 10, 2025. 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. 61 ●

Made with FlippingBook - professional solution for displaying marketing and sales documents online