Whistler Real Estate Update – February 2021

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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.