Whistler sees far fewer sales than last year and prices remain steady.
The total dollar volume of all property sales in Whistler was 33% lower at the end of September than the same time last year. 43% less properties have been sold in 2022 YTD compared to 2021. Year-over-year, Whistler’s median property sale price is 18% higher. The median sale price of a Whistler property is currently around $1.5m compared to $1.3m this time last year. The 2022 stats reflect Whistler’s return to a more balanced market after 2-years of seller’s market conditions.
Fewer properties have sold this year across all property categories with the exception of Phase II hotel condos which have seen 10% more unit sales year-over-year. Shared Ownership properties have seen the largest increase in median sale price year-over-year with a 63% increase. Phase I tourist accommodation, Residential Condos and Vacant Land have all seen median sale prices increase in the 40% range year-over-year. Residential Chalets & Townhomes have seen price increases in the 20% range year-over-year.
In September, the Whistler market did not see much change month over month. Total number of active listings remained the same and there were 30 sales in September, approximately 20% fewer sales than were recorded in August. The median sale price remained steady, with a slight 4% increase.
Fewer properties have sold this year across all property categories with the exception of Phase II hotel condos which have seen 10% more unit sales year-over-year. Shared Ownership properties have seen the largest increase in median sale price year-over-year with a 63% increase. Phase I tourist accommodation, Residential Condos and Vacant Land have all seen median sale prices increase in the 40% range year-over-year. Residential Chalets & Townhomes have seen price increases in the 20% range year-over-year.
In September, the Whistler market did not see much change month over month. Total number of active listings remained the same and there were 30 sales in September, approximately 20% fewer sales than were recorded in August. The median sale price remained steady, with a slight 4% increase.
Call us today for a detailed market report or property valuation.
~ Ron & Rachel
Market statistics gathered from WLS (Whistler Listing Service) & REBGV (Real Estate Board of Greater Vancouver). Information deemed reliable but should not be relied upon without verification.
~ Ron & Rachel
Market statistics gathered from WLS (Whistler Listing Service) & REBGV (Real Estate Board of Greater Vancouver). Information deemed reliable but should not be relied upon without verification.