The number of active Whistler listings* decreased in April 2023 to 192, down 12% from March 2023 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 April saw a 25.5% SA ratio for all Whistler real estate.

April ‘hotel-condo’ listings increased year over year; 2022 had seen 73 active listings compared to 118 active listings in April 2023.  A 62% increase in listings.

‘Hotel-condo’ units sold were down from the same time last year.  April 2022 saw 44 sales versus 22 sales in April 2023, representing a 50% decrease in sales. However, with 118 active listings and 22 sales, we still achieve a sale to active ratio of 18.6%, which is lower than the overall market but still high enough to be on the cusp of a sellers’ market. So balanced but still favouring sellers.  Anything above 20% SA ratio is considered a sellers’ market.

Average Days on Market was up 67%, from 42 DOM in April 2022 to 70 DOM last month; and total Year to Date sales volume decreased from $24.9M in 2022 to $15.7M in 2023.

Median sale price is higher now than this time last year.  MSP has seen a 6% increase compared to this time 12 months ago; April 2022 saw the MSP sit at $482,500 and this past April it was at $513,250.00.

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 has decreased 9% from $1.5M to $1.36M.

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