The Whistler real estate market continued to see high buyer activity coupled with low available inventory to purchase in June. Month over month, we saw a 2% increase in active chalet, condo, duplex, townhouse and Triplex listings. May had 147 active listings compared to June with 150. Firm contracts were down 19% from 67 in May to 54 in June. This is a 21% reduction in the sales to active ratio which was 45.6% in May, compared to 36% in June. This still represents a market that is well into a ‘sellers’ market. Median monthly sale price increased 1% in June, to $1,300,000 from $1,285,000 in May. June year to date firm contracts saw a 219% increase from the same period last year. 2020 had 156 firm contracts by June. June 2021 had 411 firm sales. Year to date sale volume saw a year over year increase of 178%. June 2020 was up to $26,752,391 compared to the same period this year which had seen $724,623,781 in year to date sales volume. It is interesting to note that May 2020 had 20 months of available inventory compared to June 2021 which only had 3. This confirms that the Whistler real estate market has seen a massive influx of buyers in the past 12 months. The ability to work remotely and balance an outdoor lifestyle is the cornerstone to this shift.
The Single Family Home sector saw a 33% drop in sales in June when compared to May, while inventory levels remained the same. The sales to active ratio for single family homes in June was 21.7%. Median monthly sale price increased 7% in June to $2,922,500 compared to May at $2,734,800. June year to date firm sales are 85, compared to June 2020 at 38.
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*Source: Whistler Listing Service as of July 6 2021.