whistler
CHALET - NOVEMBER 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
MONTHS OF INVENTORY 16.8 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 2% VS 2023
▲ 80% VS 2023
▼ 5% VS 2023
▼ 29% VS 2023
There were 84 chalet listings in November, 10% below October and 2% higher than November 2023. November chalet sales increased by 25% month-over-month, to 5, and were 29% below November 2023. The months of inventory for chalets, at 16.8, reflected a buyers' market. The chalet median price in November was $2,850,000, a 21% decrease from October and 5% below November 2023. The chalet average sold price was $5,698,000, 45% above last month and up 80% to November 2023.
THIS MONTH No. $5,698,000 $2,850,000 16.8 5 84
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
$3,164,571 $3,000,000 11.7 7 82
80% -5% 43% -29% 2%
$3,935,000 $3,625,000 23.3 4 93
45% -21% -28% 25% -10%
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
101
77
94
93
90
95
80
78
84
82
80
79
75
73
57
52
10
9
7
7
6
5
5
4
4
4
2
7
5
$5.53M
$4.32M
$4.02M
$3.85M
$3.63M
$3.20M
$3.11M $3.06M
$3.10M
$3.00M
$2.85M
$2.55M
$2.19M
Nov-23
Oct-24
Nov-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
16
6.5
14
5.5
12
4.0
10
8
6
4
2
0
<$2M
$2.0M-2.99M $3.0M-3.99M $4.0M-4.49M $5.0M-5.99M $6.0M-6.99M $7.0M-7.99M $8.0M-8.99M $9.0M-9.99M
$10M+
MOI INVENTORY SALES
1 4 4.0
2 11 5.5
0 13 n/a
0 15 n/a
0 10 n/a
0 5 n/a
0 5 n/a
0 6 n/a
0 2 n/a
2 13 6.5
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 December 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. 58 ●
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