data pack: the vancouver rennie review | March 2025

whistler

RESTRICTED NIGHTLY RENTAL - FEBRUARY 2 0 2 5

DATA: WHISTLER LISTING SYSTEM (WLS)

AVERAGE PSF PRICE ▼ 28% VS 2024

MONTHS OF INVENTORY 3.6 SELLERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL INVENTORY

SALES

▲ 26% VS 2024

▼ 30% VS 2024

▼ 33% VS 2024

▼ 11% VS 2024

There were 29 restricted nightly rental listings in February, 12% below January and 26% higher than February 2024. February restricted nightly rental sales increased by 60% month-over-month, to 8, and were 11% below February 2024. The months of inventory for restricted nightly rental, at 3.6, re%ected a sellers' market. The restricted nightly rental median price in February was $458,773, a 18% decrease from January and 33% below February 2024. The average sold price was $527,668, 7% below last month; the average PSF sale price was $934, down 11% 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

$934 $527,668 $458,773 3.6 8 29

$1,301 $748,533 $684,000 2.6 9 23

-28% -30% -33% 42% -11% 26%

$1,044 $570,300 $557,500 6.6 5 33

-11% -7% -18% -45% 60% -12%

▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)

▶ RECENT TRENDS

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

33

18

28

28

27

29

25

23

25

14

24

22

21

21

20

14

13

11

9

8

8

8

4

7

6

1

5

5

5

$745K

$684K

$669K

$609K

$558K

$530K

$494K

$500K

$466K

$459K

$443K

$438K

$430K

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

14

7.0

7.0

4+ bdrms

12

10

4.0

8

3 bdrms

3.0

1

6

4

2

2 bdrms

0.3

4

2

0

6

<$400K $400K-499K $500K-599K $600K-699K $700K-799K $800K-899K $900K-999K $1M+ MOI INVENTORY SALES 3 1 0.3 2 14 7.0 1 7 7.0 1 3 3.0 1 4 4.0

<2 bdrms

24

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. 62 ●

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