whistler CHALET - MAY 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
MONTHS OF INVENTORY 8.0 BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 43% VS 2023
▲ 66% VS 2023
▲ 60% VS 2023
▲ 67% VS 2023
There were 80 chalet listings in May, 1.3% above April and 43% higher than May 2023.
May chalet sales increased by 150% month-over-month, to 10, and were 67% above May 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
The months of inventory for chalets, at 8.0, re&ected a buyers' market.
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
10 80
$2,608,333 $2,407,500 9.3 6 56
66% 60% -14% 67% 43%
$4,822,500 $3,060,000 19.8 4 79
-10% 26% -59% 150% 1.3%
The chalet median price in May was $3,850,000, a 26% increase from April and 60% above May 2023.
$4,339,900 $3,850,000 8.0
The chalet average sold price was $4,339,900, 10% below last month and up 66% to May 2023.
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
97
77
82
72
80
78
88
80
82
79
75
73
67
56
61
11
10
7
7
6
5
5
4
4
10
3
2
6
27
$7.90M $7.66M
$4.02M
$3.85M
$3.65M
$3.17M $3.00M
$3.11M $3.06M
$2.55M
$2.41M $2.80M
$2.19M
May-23
Apr-24
May-24
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
14
12.0
12
10
8
5.0
4.5
4.3
6
4
2.0
1.5
2
0
<$2M
$2.0M-2.99M $3.0M-3.99M $4.0M-4.49M $5.0M-5.99M $6.0M-6.99M $7.0M-7.99M $8.0M-8.99M $9.0M-9.99M
$10M+
MOI INVENTORY SALES
1 5 5.0
3 13 4.3
1 12 12.0
2 9 4.5
0 11 n/a
2 3 1.5
0 8 n/a
0 3 n/a
1 2 2.0
0 14 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 June 10, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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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