whistler
UNRESTRICTED NIGHTLY RENTAL - APRIL 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
AVERAGE PSF PRICE ▼ 5% VS 2023
MONTHS OF INVENTORY 4.5 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 117% VS 2023
▲ 14% VS 2023
▼ 7% VS 2023
▼ 21% VS 2023
There were 100 unrestricted nightly rental listings in April, 9% above March and 117% higher than April 2023. April unrestricted nightly rental sales increased by 47% month-over-month, to 22, and were 21% below April 2023. The months of inventory for unrestricted nightly rental, at 4.5, reflected a sellers' market. The unrestricted nightly rental median price in April was $1,712,500, a 2% decrease from March and 14% above April 2023. The average sold price was $1,623,795, 33% below last month; the average PSF sale price was $1,616, down 19% to last month.
THIS MONTH No. $1,616 $1,623,795 $1,712,500 4.5 22 100
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
28 46
177% -21% 117%
15 92
-19% -33% -2% -26% 47% 9%
$1,706 $1,745,009 $1,500,000 1.6
$1,993 $2,409,400 $1,750,000 6.1
-5% -7% 14%
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
101
28
100
92
27
27
98
92
88
87
73
86
71
74
46
49 24
28
22
22
15
15
14
9
8
15
13
10
10
$1.77M
$1.73M $1.78M $1.75M $1.71M
$1.62M
$1.50M $1.50M $1.43M
$1.44M
$1.29M
$1.06M
$975K
Apr-23
Mar-24
Apr-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
25
18.0
4+ bdrms
20
20
15
3
3 bdrms
15
10
15
3.5
3.3
2 bdrms
5
2.6
25
1.8
1.7
0
4
<$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 18 18.0 4 13 3.3 8 21 2.6 2 7 3.5 0 6 n/a 3 5 1.7 0 23 n/a 4 7 1.8
<2 bdrms
40
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 May 8, 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. 60 ●
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