The number of active Whistler residential listings increased 16% from July to August 2023. August 2023 posted 89 active residential listings compared to July which posted 77. Compared to August last year, August 2023 saw 6% more active listings than August 2022.

The number of residential listings sold decreased 46% month over month. August 2023 saw 7 residential sales compared to July which saw 13 sales.  This gives us a ‘sales to active’ ratio of 8% for August 2023.  A Buyer’s market is anything less than 12% and a Seller’s market is above 20%. Last year, there were 11 residential sales in the month of August. This represents a 36% decrease year over year.

Median sale prices were up in August compared to July. The median residential sale price was $1.9M in July of this year, and in August this value was up to $2.3M, a increase of 21% month over month. This time last year, the median sale price for a residential listing was $$2.2M. This represents a 7% increase in value from this time last year.

Average Days on Market is less this year compared to August 2022. August 2023 average days on market is sitting at 13, compared to 41 days on market in August 2022. Total Year to Date sales volume has decreased 14% from last year; In August 2022 YTD sales volume was $340M; this year it is $293M.

If we include all unrestricted Phase I and Hotel-condo Phase II properties, Whistler’s real estate market saw a ‘sales to active’ ratio of 14.9% in August, a decrease from the previous month’s ratio of 18.3%.  Active listings for all Whistler real estate were 7% higher in August than July at 175, and up 2% compared to August 2022 which saw 172 active listings. Firm contracts were down 13% month over month and 13% lower year over year. Median sale prices were down 32% from July to $1.05M in August, and there is 7 months of inventory available on the market.

*Stats as of Sept 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.