the rennie review - June 2023

whistler TOWNHOME-MAY 2023

SALES TO LISTINGSRATIO 40% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 8% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 14% VS 2022

▼ 16% VS 2022

▲ 7% VS 2022

0.0% VS 2022

Therewere45 townhom elistingsin W histlerin M ay,5% aboveApriland 7% higherthan M ay2022. M aytownhom esalesincreased by29% m onth-over-m onth,to 18,and werethesam ein M ay 2022. Thesales-to-listing ratio fortow nhom esin W histler,at 40% ,reflected aselers'm arket. Thetownhom em edian pricein M aywas$1,462,500,a 43% decreasefrom Apriland 16% below M ay2022. Theaveragesold pricewas$1,560,722,34% below last m onth;theaveragePSF salepricewas$1,548,down 9% tolastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

18 45

18 42

0% 7%

14 43

-9% -34% -43% 23% 29% 5%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$1,548 $1,560,722 $1,462,500 40%

$1,687 $1,808,633 $1,740,000 43%

-8% -14% -16% -7%

$1,697 $2,375,286 $2,550,000 33%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 202 ● MAY 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

51

49

55

53

53

46

52

51

45

46

44

43

42

17

18

18

12

10

9

14

13

12

5

9

8

8

$2.55M

$1.95M

$1.97M

$1.74M $1.69M

$1.74M

$1.70M

$1.69M

$1.46M

$1.43M

$1.35M

$1.20M $1.10M

WHISTLER

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

100%+

100%

15

4+ bdrms

8

6

10

3 bdrms

55%

22

33%

7

5

2 bdrms

19%

13

0

5

<2 bdrms

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

2

S-L RATIO SALES INVENTORY

8 0 n/a

1 0 n/a

4 6 150%

3 1 33%

2 2 100%

11 6 55%

16 3 19%

Copyright© June5,2023renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofJune5,2023.Aldatafrom RealEstateBoardofGreaterVancouverand FraserValey& Rennie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.renniegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.Therecipientoftheinform ationshouldtakestepsas therecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfrom arennieandas ociatesadvisor.Alinform ationis subjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom ren iegroupofcom panies.E.&O.E. 54 ●

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