whistler
UNRESTRICTED NIGHTLY RENTAL - OCTOBER 2 0 2 4
DATA: WHISTLER LISTING SYSTEM (WLS)
AVERAGE PSF PRICE ▼ 0.9% VS 2023
MONTHS OF INVENTORY 7.3 BALANCED MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 10% VS 2023
▲ 6% VS 2023
▼ 12% VS 2023
▼ 41% VS 2023
There were 95 unrestricted nightly rental listings in October, no change to September and 10% higher than October 2023. October unrestricted nightly rental sales decreased by 7% month-over-month, to 13, and were 41% below October 2023. The months of inventory for unrestricted nightly rental, at 7.3, re&ected a balanced market. The unrestricted nightly rental median price in October was $1,725,000, a 28% increase from September and 6% above October 2023. The average sold price was $1,821,885, 20% above last month; the average PSF sale price was $1,634, up 18% to last month.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
13 95
22 86
-0.9% -12% 6% 87% -41% 10%
14 95
18% 20% 29% 8% -7% 0%
$1,634 $1,821,885 $1,725,000 7.3
$1,649 $2,079,864 $1,620,000 3.9
$1,383 $1,522,214 $1,337,500 6.8
▶ MEDIAN DAYS ON MARKET (SOLD LISTINGS)
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
110
116
43
105
101
41
98
110
95
99
95
36
86
92
88
87
25
22
15
15
14
11
10
8
8
13
17
14
11
$2.27M
$1.80M
$1.74M $1.74M $1.75M
$1.73M
$1.65M $1.58M
$1.65M
$1.62M $1.77M
$1.34M
$975K
Oct-23
Sep-24
Oct-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
9.5
2
20
4+ bdrms
20
15
5.3
3
5.0
3 bdrms
12
4.0
10
2.0
2.0
3
2 bdrms
5
29
0
5
<$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 3 6 2.0 0 14 n/a 3 16 5.3 2 19 9.5 2 10 5.0 1 4 4.0 2 4 2.0 0 22 n/a
<2 bdrms
34
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 November 12, 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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