The overall number of active Whistler listings* decreased in April 2023 to 192, down 12% from March which recorded 217 Active listings. Sales also decreased in April to 49 from 51 sales in March 2023.  This is a 4% reduction which technically keeps us in a “sellers’ market”.  This occurs when the sale to active ratio is higher than 20%.  March saw a 23.5% SA ratio and a 25.5% SA ratio in April for all Whistler real estate.

If we look at month to month stats for all Whistler listings (Phase I, Phase II hotel-condos and Residential non-rental properties) comparing March 2023 to April 2023, median sale price decreased 9% from $1.5M to $1.36M.

Year to Date total dollar volume for Phase I nightly rental properties was down 30% from $164M in April 2022 to $114M in April 2023.  We need to consider that this time last year the recreational market was continuing to high demand prior to interest rate hikes.

The Phase I nightly rental sector saw median sale prices decline from April 2022 compared to last month.  April 2023 saw sale prices average $1.35M, compared to April 2022, which saw sales prices average $1.53M.  This represents an 12% decline year over year.

The number of nightly rental listings sales was down 30%, from 92 sales of Phase I zoned residences in April 2022, to 64 in 2023.  The Days on Market increased from 14 in 2022 to 60 DOM in April 2023.

The number of active listings to purchase increased 88% in April 2023 to 225, from the 120 we were working with in April 2022.  With sales 64 and active listings at 225 in April 2023, we have a SA Ratio within the Phase I sector of 28.4%.  Anything above 20% SA ratio is considered a sellers’ market.

*All stats as of May 4, 2023 and taken from the Whistler Listing System.  Information deemed accurate at time of record and may be subject to change.