whistler
UNRESTRICTED NIGHTLY RENTAL - SEPTEMBER 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
AVERAGE PSF PRICE ▼ 27% VS 2023
MONTHS OF INVENTORY 7.3 BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 3% VS 2023
▲ 30% VS 2023
▼ 49% VS 2023
▼ 18% VS 2023
There were 95 unrestricted nightly rental listings in September, 10% below August and 3% higher than September 2023. September unrestricted nightly rental sales increased by 18% month-over-month, to 13, and were 30% above September 2023. The months of inventory for unrestricted nightly rental, at 7.3, re&ected a balanced market. The unrestricted nightly rental median price in September was $1,175,000, a 28% decrease from August and 18% below September 2023. The average sold price was $1,266,231, 28% below last month; the average PSF sale price was $1,418, down 12% 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
13 95
10 92
-27% -49% -18% -21% 30% 3%
$1,605 $1,769,545 $1,650,000 9.5 11 105
-12% -28% -29% -23% 18% -10%
$1,418 $1,266,231 $1,175,000 7.3
$1,936 $2,487,800 $1,440,000 9.2
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
110
116
58
105
101
98
110
51
95
92
99
92
88
87
86
45
25
22
15
15
11
10
8
8
13
10
17
14
11
$2.27M
$1.80M
$1.74M $1.74M $1.75M
$1.65M $1.58M
$1.65M
$1.62M $1.77M
$1.44M
$1.18M
$975K
Sep-23
Aug-24
Sep-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
20
8.0
4+ bdrms
20
6.5
15
2
3 bdrms
11
3.8
10
3.0
6
5
2 bdrms
27
0
5
<$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 3 9 3.0 2 13 6.5 2 16 8.0 5 19 3.8 1 9 9.0 0 5 n/a 0 3 n/a 0 21 n/a
<2 bdrms
37
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 October 9, 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. 61 ●
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