the vancouver rennie review | January 2024

whistler DETACHED - DECEMBER 2 0 2 3

SALES TO LISTINGS RATIO 3% BUYERS' MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

MEDIAN PRICE

TOTAL LISTINGS

SALES

▲ 65% VS 2022

▼ 52% VS 2022

▼ 45% VS 2022

▼ 80% VS 2022

There were 76 detached listings in Whistler in December, 6% above November and 65% higher than December 2022. December detached home sales decreased by 78% month-over-month, to 2, and were 80% below December 2022. The sales-to-listing ratio for detached in Whistler, at 3%, reflected a buyers' market. The detached median price in December was $2,187,500, a 17% decrease from November and 45% below December 2022. The average sold price was $2,187,500, 20% below last month and down 52% to December 2022.

THIS MONTH No. $2,187,500 $2,187,500 3% 2 76

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

TOTAL LISTINGS TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE

10 46

-52% -45% -88% -80% 65%

$2,719,111 $2,625,000 13% 9 72

-20% -17% -79% -78% 6%

$4,587,200 $3,950,000 22%

▶ RATIO OF MEDIAN PRICES

▶ RECENT TRENDS

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

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

85

83

76

72

3.20

67

54

2.88

49

58

46

51

47

45

41

2.27

2.11

10

9

9

8

7

10

5

5

5

4

3

3

2

1.42

$5.30M

0.94

$4.10M

$3.95M

$3.58M $3.88M $3.82M

$2.90M $2.63M

$2.84M

$2.45M $2.53M

$2.19M

$1.94M

22-Dec

23-Nov

23-Dec

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY ● S-L RATIO

70

100%

60

50

40

30

20

10

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 0 n/a

2 2 100%

6 0 n/a

64 0 n/a

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 January 10, 2024. All data from Real Estate Board of Greater Vancouver and Fraser Valley & 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.

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