the rennie review - July 2023

whistler DETACHED -JUNE 2023

SALES TO LISTINGSRATIO 20% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 11% VS 2022

▼ 29% VS 2022

▼ 18% VS 2022

▲ 150% VS 2022

Therew ere 51 detached listingsin W histlerin June,6% below M ayand 18% lowerthan June2022. Junedetached hom esalesincreased by43% m onth-over-m onth,to10,and were150% aboveJune 2022. Thesales-to-listing ratio fordetached in W histler,at 20% ,reflected abalanced m arket.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

10 51

$4,166,500 $3,573,000 6% 4 62

11% -29% 204% 150% -18%

$2,589,286 $2,450,000 13% 7 54

78% 3% 51% 43% -6%

Thedetachedm edian pricein Junewas$2,532,500,a3% increasefrom M ayand 29% below June2022.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$4,614,650 $2,532,500 20%

Theaveragesold pricewas$4,614,650,78% abovelast m onth and up 11% toJune2022.

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

66

64

69

60

62

54

60

2.11

2.11

49

2.05

51

2.02

1.85

47

46

45

41

1.68

10

8

6

6

10

5

5

5

3

3

4

7

7

$5.30M

$4.56M

$4.20M

$4.10M

$3.99M

$3.95M

$3.57M $3.39M

$3.35M

$2.84M

$2.45M $2.53M

$1.94M

22-Jun

23-M ay 23-Jun

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

35

30

25

20

50%

43%

15

40%

10

5

9%

0

<$600K

$600-799K

$800-999K

$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M

$2.0M -2.49M

$2.5M -2.99M

$3M+

S-L RATIO SALES INVENTORY

4 2 50%

7 3 43%

5 2 40%

35 3 9%

Copyright© July4,2023ren iegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJuly4,2023.Aldatafrom RealEstateBoardof GreaterVancouverandFraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipient oftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained from aren ieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.

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