Whistler December Real Estate Market Update
In the Whistler market, the benchmark sale price was $1,699,500 with an average days on market of 47 days for detached homes. At the end of the month, there were 2 sales and 72 active listings.
In comparison, the condo market had 10 sales and 82 active listings. The benchmark sale price was $496,900 and the average days on market were 36.
Townhome featured 7 sales, 46 active listings and a $882,000 benchmark sale price with 28 days on market average.
It’s a buyer’s market in Whistler.
This report shows benchmark prices for properties in Whistler, based on MLS statistics. 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.