the rennie review - April 2023

whistler DETACHED -MARCH 2023

SALES TO LISTINGSRATIO 16% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 44% VS 2022

▼ 19% VS 2022

▲ 44% VS 2022

▼ 27% VS 2022

Therew ere 49 detached listingsin W histlerin M arch,9% aboveFebruaryand 44% higherthan M arch 2022. M arch detached hom esalesincreased by 60% m onth-over-m onth,to 8,and were27% below M arch 2022. Thesales-to-listing ratio fordetached in W histler,at 16% ,reflected abalanced m arket.

THISMONTH No. $2,924,688 $2,843,750 16% 8 49

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

11 34

-44% -19% -50% -27% 44%

$4,464,000 $4,100,000 11% 5 45

-34% -31% 47% 60% 9%

Thedetachedm edian pricein M arch was$2,843,750,a 31% decreasefrom Februaryand 19% below M arch 2022.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$5,246,000 $3,495,000 32%

Theaveragesold pricewas$2,924,688,34% below last m onth and down 44% toM arch 2022.

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

66

64

62

69

60

60

3.06

49

46

45

45

41

2.41

34

2.27

2.15

31

1.94

13

10

1

6

6

6

5

5 8

4 3

3

1.45

7

$4.56M

$4.17M

$4.20M

$4.10M

$3.99M

$3.95M

$3.57M $3.39M

$3.50M $3.50M

$3.35M

$2.84M

$1.94M

22-Mar

23-Feb

23-Mar

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

100%+

30

67%

20

10

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

1 0 n/a

3 0 n/a

1 2 200%

6 4 67%

36 2 6%

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