Whistler real estate in December saw 67 active listings and 27 sales*. This represents a sales to active ratio of 40% and 2 months of inventory. The year ended with over $1.3BN in sales volume. This is close to a $300M or 27% increase from December of 2020. 2021 saw a 19% increase in Firm contracts, 735 compared to 616 in 2020.
Chalet sales saw a 9% increase in firm contract year over year with 148 sales in 2020, compared to 161 in 2021. Year to date real estate sales volume also increased by 31% from $509M in 2020 to $666M in 2021. December only saw 5 sales; more an indication of lack of inventory versus lack buyer interest.
Unrestricted owner use, nightly rental townhomes saw 15% less firm sales in 2021 compared to 2020. 2020 saw $240M in sales volume compared to $225M in 2021. This represents a 6% decrease in transaction volume. This sector of the market sits with 1 month of inventory.
Residential townhomes not offering nightly rental zoning, saw a 14% increase in sales volume from 2020 to 2021. Year to date firm contracts was consistent both years with 2020 posting 104 sales compared to 103 sales in 2021.
Restricted use hotel-condos saw an increase in demand in 2021. 2020 saw 61 firm contracts compared to 2021 which saw 99, representing a 62% increase in this sector. Year to date sales volume also rose; from $24M in 2020 to $43M in 2021. This represents a 81% increase year over year.
Nightly rental, unrestricted use condos saw gains year over year: sales volume rose from $133M in December 2020 to $202M in 2021, an increase of 52%. Firm transactions also increased from 124 in 2020, to 186 in 2021 representing a 50% gain.
Residential apartments saw some of the largest gains through the year with sales up from 9 in 2020 to 30 in 2021. Sales volume increased from $4M in 2020 to over $22M in 2021.
To view all the real estate statistics for the month of December in Whistler , please click here
*taken from Chalet, condo, duplex, townhouse and triplex listings.