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Sales to active ratio:
- January 2021 = 34%
- Detached homes = 13%
- Condos = 36%
- Townhomes = 94%
- The same as last month = 34%
- Higher than Jan 2020 = 13%
- Higher than 5yr Jan average = 24%
- Higher than 10yr Jan average = 16%
**Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**
Sales:
- Jan 2021 = 67
- Lower than last month = 70
- Higher than Jan 2020 = 38
- Higher than 5 yr avg = 49
- 36% Higher than 5 yr avg
- Higher than the 10 yr avg = 43
- 55% higher than 10 yr avg
Inventory:
- Jan 2021 = 199
- Lower than last month = 206
- Lower than Jan 2020 = 289
- Lower than the 5 yr avg = 228
- Lower than the 10 yr avg = 345
In a nutshell
Highest sales for January in Whistler real estate history! Very strong active to sales ratio, only Jan 2018 was stronger (for a January). Inventory is quite low, not quite as low as 2017/2018 Januarys, but still very low! Townhomes are the strongest part of the market (the phase 1 townhome is very strong), detached homes have been sitting in a balanced market.