Whistler Real Estate Market Update | May 2018
- June 13, 2018
In the Whistler market, the benchmark sale price was $1,675,900 with an average days on market of 38 days for detached homes. At the end of the month, there were 3 sales and 64 active listings on the REBGV MLS® (excludes Whistler Listing System numbers).
In comparison, the condo market had 32 sales and 68 active listings. The benchmark sale price was $566,700, and the average days on market were 27.
Townhome featured 13 sales, 49 active listings and a $1,109,400 benchmark sale price with 50 days on market average.
The report below 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.