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July 2018 Stats:
Sales to active listings = 19% for July 2018, last month that figure was 25% and in July 2017 it was 33%.
Overall Whistler is just about remaining in the sellers market category at 19%. Breaking that down into property types: Detached homes have increased slightly to 11% up from 9% last month placing them in a balanced market, Condos have dropped from 34% to just 16% and Townhomes sit at 37%.
- **This ratio is calculating the monthly sales compared to the total # of listings, basically if there were no other listings how long would it take for the listings to run out.
- Referencing this statistic: <12% is a buyers market and puts downward pressure on price, between 12%-20% is a balanced market with no pressure on price, >20% is a sellers market with upward pressure on price.
HPI Benchmark Price:
- Detached: July 2018 = $1.7M, that’s $100k higher than July 2017.
- Townhomes: July 2018 = $1.1M, that’s $267k higher than July 2017.
- Condos: July 2018 = $572k, that’s $81k higher than July 2017.
In the last 30 days 79% of properties sold for under the list price, last month that figure was 85%. Just 6% sold over asking and 13% sold at list price.
Average days on the market for has remained around the 40 day mark, the same as last month.