The number of active Whistler Phase II Hotel-condo listings increased 7% from August to September 2023. September 2023 posted 16 active listings compared to August which posted 15. Compared to September last year, September 2023 saw 11% less active listings (16) than September 2022 (18).

The number of listings sold increased 75% month over month. September 2023 saw 7 sales compared to August with 4 sales.  This gives us a ‘sales to active’ ratio of 43% for September 2023.  A Buyer’s market is anything less than 12% and a Seller’s market is above 20%. Last year, there were 4 sales in the month of September. This represents a 75% increase year over year.

Median sale prices were down in September compared to August. The median phase II sale price was $582,500 in August of this year, and in September this value was 537500, a decrease of 8% month over month. This time last year, the median sale price was $490,500. This represents a 10% increase in value from this time last year.

Average Days on Market is down this year compared to September 2022. September 2023 average days on market is sitting at 48, compared to 40 days on market in September 2022. Total Year to Date sales volume has decreased 18% from last year; In September 2022 YTD sales volume was $39M; this year it is $32M.

If we include unrestricted-use, nightly rental Phase I and residentially properties, Whistler’s overall real estate market holds steady with ‘sales to active’ ratio of 15.4% in September.  Active listings also held steady at 175 for both August and September, and up 1% compared to September 2022 which saw 173 active listings. Firm contracts were the same month over month and 4% higher year over year. Median sale prices were up 9% from August to $1.13M in September, and there are 7 months of inventory available on the market.

*Stats as of Oct. 10, 2023 and taken from the Whistler Listing System and sampled from Phase I, Chalet, Condo, Duplex and Townhouse listings. Information deemed accurate at time of record and may be subject to change.