Whistler Real Estate Update – May 2021

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Sales to active ratio:

  • April 2021 = 43% 
  • Detached homes = 27% 
  • Condos = 37%
  • Townhomes = 106%
  • Lower than last month = 54%
  • Higher than April 2020 = 4%
  • Same as 5yr April average = 43% 
  • Higher than 10yr April average = 29%

**Buyer’s market = <12% / Balanced market = 12%-20% / Seller’s market = >20%**

Sales:

  • April 2021 = 72
  • Lower than last month = 100
  • Higher than April 2020 = 11
  • Higher than 5 yr avg = 55
  • 31% Higher than 5 yr avg
  • Higher than the 10 yr avg = 50
  • 44% higher than 10 yr avg

Inventory:

  • April 2021 = 169
  • Lower than last month = 187
  • Lower than April 2020 = 316
  • Lower than the 5 yr avg = 233
  • Lower than the 10 yr avg = 347

In a nutshell
April was a strong month for real estate sales in Whistler. High sales + low inventory. As I make this update we are deep into May now and we are not seeing signs of the market slowing down. Let’s see what happens when/if travel restrictions lighten up and as we transition from Spring to Summer.