HAPPY HOLIDAYS!
The holiday season is about to begin and while conditions are still limited, there is more snow on the way and the resort will have lots of activities for everyone. For the more adventurous, check out this fun video of Extreme Santa https://bit.ly/46OPKzX . And for a full calendar of events through Christmas and New Years, check out Tourism Whistler at https://bit.ly/3uMBevi.
WHISTLER MARKET REPORT NOVEMBER 2023
Sales in November were down 58% from October with only 24 properties sold. This is the slowest month this year after January, where we had only 20 sales. The median sale price rose 28% but may be skewed given the sample is small and includes a number of high end sales.
While Phase 1 properties led the way with 8 sales, chalets were close behind with 7 sales. Phase 1 hotel units, Residential Townhomes/Condos and Shared Ownership made up the rest with 3 sales in each category.
Year over Year, sales are down 13% overall, days on market (DOM) is up 64% and average sale price is down 10%.
LOOKING AHEAD
The Bank of Canada rates held steady once again, which may increase Buyer confidence. Sales tend to slow through the holidays and into January, but inventory remains high so we hope to see increased sales in 2024.