the rennie review | October 2023

whistler TOWNHOME - SEPTEMBER 2 0 2 3

SALES TO LISTINGS RATIO 14% BALANCED MARKET

▶ MARKET SUMMARY

AVERAGE PRICE

AVERAGE PSF PRICE ▲ 7% VS 2022

MEDIAN PRICE

TOTAL LISTINGS

SALES

▲ 34% VS 2022

▲ 71% VS 2022

▲ 29% VS 2022

▲ 13% VS 2022

There were 66 townhome listings in Whistler in September, 16% above August and 29% higher than September 2022. September townhome sales decreased by 36% month-over-month, to 9, and were 13% above September 2022. The sales-to-listing ratio for townhomes in Whistler, at 14%, reflected a balanced market. The townhome median price in September was $1,880,000, a 27% increase from August and 71% above September 2022. The average sold price was $1,903,544, 17% above last month; the average PSF sale price was $1,477, down 8% to last month.

THIS MONTH No. $1,477 $1,903,544 $1,880,000 14% 9 66

PREVIOUS MONTH

PREVIOUS YEAR

No.

% Change

No.

% Change

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

$1,384 $1,417,125 $1,099,000 16% 8 51

7% 34% 71% -13% 13% 29%

14 57

-8% 17% 27% -44% -36% 16%

$1,603 $1,633,143 $1,476,000 25%

▶ AVG PRICE PER SQUARE FOOT

▶ RECENT TRENDS

● SEP 2022 ● SEP 2023

● SALES ● TOTAL INVENTORY ● MEDIAN PRICE

66

53

52

51

49

57

51

46

54

46

45

44

43

18

17

15

14

10

9

14

14

5

13

9

8

9

$2.55M

$1.95M

$1.97M

$1.88M

$1.74M

$1.70M

$1.69M

$1.48M $1.48M

$1.46M

$1.43M

$1.20M

$1.10M

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

30

4+ bdrms

25

10

20

4

3 bdrms

35

50%

15

10

27%

5

2 bdrms

13

13%

10%

5

0

<2 bdrms

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

8

S-L RATIO SALES INVENTORY

8 1 13%

1 0 n/a

2 0 n/a

6 0 n/a

2 1 50%

3 0 n/a

15 4 27%

29 3 10%

Copyright © October 10, 2023 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 October 10, 2023. 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. 57 ●

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