the rennie review - June 2023

whistler DETACHED -MAY 2023

SALES TO LISTINGSRATIO 13% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 44% VS 2022

▼ 41% VS 2022

▲ 20% VS 2022

▲ 17% VS 2022

Therew ere 54 detached listingsin W histlerin M ay,15% aboveApriland 20% higherthan M ay2022.

M ay detached hom esalesincreased by 40% m onth-over-m onth,to7,and were17% aboveM ay2022.

THISMONTH No. $2,589,286 $2,450,000 13% 7 54

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

Thesales-to-listing ratio fordetached in W histler,at 13% ,reflected abalanced m arket.

TOTALLISTINGS TOTALSALES

$4,624,833 $4,174,500 13% 6 45

-44% -41% -3% 17% 20%

$5,249,800 $5,300,000 11% 5 47

-51% -54% 22% 40% 15%

Thedetachedm edian pricein M aywas$2,450,000,a 54% decreasefrom Apriland 41% below M ay2022.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

Theaveragesold pricewas$2,589,286,51% below last m onthand down 44% toM ay2022.

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

66

64

62

69

60

60

3.98

54

49

47

46

45

45

41

2.402.42

10

8

6

6

5

5

5

2.08

4

2.02

3

3

7

6

7

1.68

$5.30M

$4.56M

$4.17M

$4.20M

$4.10M

$3.99M

$3.95M

$3.57M $3.39M

$3.35M

$2.84M

$2.45M

$1.94M

22-May

23-Apr

23-May

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

35

30

25

20

15

33%

33%

10

17%

5

6%

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

1 0 n/a

1 0 n/a

6 2 33%

6 2 33%

6 1 17%

34 2 6%

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