whistler
UNRESTRICTED NIGHTLY RENTAL - NOVEMBER 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
AVERAGE PSF PRICE ▼ 8% VS 2023
MONTHS OF INVENTORY 9.9 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▼ 2.0% VS 2023
▼ 33% VS 2023
▼ 44% VS 2023
0.0% VS 2023
There were 99 unrestricted nightly rental listings in November, 3% above October and 2.0% lower than November 2023. November unrestricted nightly rental sales decreased by 29% month-over-month, to 10, and were the same in November 2023. The months of inventory for unrestricted nightly rental, at 9.9, reflected a buyers' market. The unrestricted nightly rental median price in November was $992,500, a 36% decrease from October and 44% below November 2023. The average sold price was $1,657,840, 6% below last month; the average PSF sale price was $1,602, down 2% 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
10 99
$1,737 $2,478,500 $1,767,500 10.1 10 101
-8% -33% -44% -2% 0% -2%
14 96
-2% -6% -36% 44% -29% 3%
$1,602 $1,657,840 $992,500 9.9
$1,643 $1,761,036 $1,542,500 6.9
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
111
117
104
106
98
111
101
99
100
96
96
93
88
87
25
54
15
15
14
14
11
8
8
10
17
10
14
11
31
$2.27M
$1.80M
$1.77M
$1.74M $1.74M $1.75M
$1.65M $1.58M
$1.65M
$1.54M
$1.34M
$975K
$993K
Nov-23
Oct-24
Nov-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
21.0
20
1
19.0
4+ bdrms
20
15
2
3 bdrms
13
10
8.5
8.0
5.0
1
5
2 bdrms
29
1.7
0
6
<$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 1 19 19.0 2 16 8.0 0 10 n/a 1 5 5.0 0 6 n/a 1 21 21.0 3 5 1.7 2 17 8.5
<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 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. 61 ●
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