Whistler October Real Estate Market Update
- November 8, 2018
In the Whistler market, the benchmark sale price was $1,709,700 with an average days on market of 43 days for detached homes. At the end of the month, there were 11 sales and 63 active listings.
In comparison, the condo market had 27 sales and 75 active listings. The benchmark sale price was $523,400 and the average days on market were 46.
Townhome featured 17 sales, 51 active listings and a $951,200 benchmark sale price with 49 days on market average.
It’s a seller’s market for condos and townhomes.
This report shows benchmark prices for properties in Whistler. The HPI benchmarks represent the price of a typical property within the market. It takes into consideration what averages and medians do not – items such as lot size, age, number of rooms, etc. These features become the composite of the ‘typical house’ in a given area. Each month’s sales determine the current prices paid for bedrooms, bathrooms, fireplaces, etc. and apply those new values to the ‘typical’ house model.
If you would like to learn more about benchmark prices, follow this link for some great information.