Here is the latest real estate market statistics from Macdonald Realty on Whistler listings and sales in October 2016.
In the Whistler market, the benchmark sale price was $1,311,200 with an average days on market of 80 days for detached homes. At the end of October, there were 11 sales and 59 active listings.
In comparison, the condo market had 48 sales and 76 active listings. The benchmark sale price was $368,700, and the average days on market were 60.
Townhome featured 35 sales, 30 active listings and a $769,700 benchmark sale price with 40 average days on market.
It’s a seller’s market for condos and townhomes.
Looking for more information about the real estate market in specific neighbourhoods in Whistler?
MLS® Home Price Index (HPI) Benchmark Price
Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS® HPI overcomes these shortcomings and uses the concept of a benchmark home, a notional home with common attributes of typical homes in a defined area. Visit www.housepriceindex.ca for more information.
This blog post is based on market data provided by the Real Estate Board of Greater Vancouver (REBGV) www.rebgvkv.org