the vancouver rennie review | January 2024

whistler CONDO - DECEMBER 2 0 2 3

SALES TO LISTINGS RATIO 18% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▼ 3% VS 2022

MEDIAN PRICE

TOTAL LISTINGS

SALES

▲ 20% VS 2022

▲ 8% VS 2022

▼ 28% VS 2022

▼ 9% VS 2022

There were 74 condo listings in Whistler in December, 4% above November and 9% lower than December 2022. December condo sales remained the same month-over-month, at 13, and were 8% above December 2022. The sales-to-listing ratio for condos in Whistler, at 18%, reflected a balanced market. The condo median price in December was $725,000, a 18% decrease from November and 20% above December 2022. The average sold price was $661,765, 25% below last month; the average PSF sale price was $1,119, down 15% to last month.

THIS MONTH No.

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

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

13 74

12 81

-3% -28% 20% 19% 8% -9%

13 71

0% 4%

$1,119 $661,765 $725,000 18%

$1,150 $923,875 $603,500 15%

$1,314 $885,038 $880,000 18%

-15% -25% -18% -4%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● DEC 2022 ● DEC 2023

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

95

94

82

81

86

74

71

69

74

74

68

64

61

37

32

29

25

15

21

13

12

16

14

13

13

12

$915K

$880K

$747K

$725K

$725K

$660K

$640K

$649K

$607K

$604K

$580K

$556K

$495K

WHISTLER

REBGV

▶ NUMBER OF BEDROOMS

▶ TOTAL LISTINGS & SALES BY PRICE RANGE

SELLERS' MARKET 21% +

BALANCED 12 - 20%

BUYERS' MARKET <12%

● SALES ● TOTAL INVENTORY

● SALES ● TOTAL INVENTORY ● S-L RATIO

14

4+ bdrms

12

10

60%

8

3 bdrms

7

6

31%

4

3

2 bdrms

20%

20%

14%

30

2

10%

0

10

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

<2 bdrms

S-L RATIO SALES INVENTORY

13 4 31%

10 2 20%

5 3 60%

14 2 14%

10 1 10%

5 1 20%

11 0 n/a

6 0 n/a

37

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. 58 ●

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