whistler
UNRESTRICTED NIGHTLY RENTAL - JUNE 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
AVERAGE PSF PRICE ▲ 1.5% VS 2023
MONTHS OF INVENTORY 7.9 BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 56% VS 2023
▲ 19% VS 2023
▲ 28% VS 2023
▲ 56% VS 2023
There were 111 unrestricted nightly rental listings in June, 5% below May and 56% higher than June 2023. June unrestricted nightly rental sales increased by 27% month-over-month, to 14, and were 56% above June 2023. The months of inventory for unrestricted nightly rental, at 7.9, reflected a balanced market. The unrestricted nightly rental median price in June was $1,830,500, a 16% increase from May and 28% above June 2023. The average sold price was $2,317,786, 24% above last month; the average PSF sale price was $1,675, up 14% to last month.
THIS MONTH No. $1,675 $2,317,786 $1,830,500 7.9 14 111
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
$1,650 $1,943,389 $1,428,000 7.9 9 71
1.5% 19% 28% 0.5% 56% 56%
$1,469 $1,870,636 $1,575,000 10.6 11 117
14% 24% 16% -25% 27% -5%
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
117
53
111
101
98
92
99
92
88
73
87
86
71
74
35
23
22
15
15
14
10
10
8
14
9
16
13
11
21
$1.83M
$1.77M
$1.78M $1.86M
$1.73M
$1.71M $1.58M
$1.62M
$1.44M
$1.43M
$1.29M
$1.06M
$975K
Jun-23
May-24
Jun-24
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 5
BALANCED 5 - 8
BUYERS' MARKET 8+
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
11.0
2
20
4+ bdrms
22
15
7.0
4
3 bdrms
5.0
5.0
15
4.5
10
3.0
4
2 bdrms
5
33
0
4
<$800K $800K-999K $1.0M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4M+ MOI INVENTORY SALES 0 18 n/a 4 18 4.5 3 21 7.0 0 11 n/a 2 10 5.0 1 5 5.0 2 22 11.0 2 6 3.0
<2 bdrms
41
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 July 8, 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. 61 ●
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