The women's alpine skiing downhill event was part of the alpine skiing at the 1948 Winter Olympics programme. It was the first appearance of the event. The competition was held on Monday, February 2; thirty-seven alpine skiers from eleven nations competed.[1]
This race was also part of the alpine combined event.
| Place | Competitor | width=80 | Time | Difference |
|---|---|---|---|---|
| 1 | 2:28.3 | — | ||
| 2 | 2:29.1 | +0.8 | ||
| 3 | 2:30.2 | +1.9 | ||
| 4 | 2:31.1 | +2.8 | ||
| 5 | 2:31.2 | +2.9 | ||
| 6 | 2:31.4 | +3.1 | ||
| 7 | 2:32.4 | +4.1 | ||
| 2:32.4 | +4.1 | |||
| 9 | 2:33.3 | +5.0 | ||
| 10 | 2:35.2 | +6.9 | ||
| 11 | 2:35.4 | +7.1 | ||
| 12 | 2:36.0 | +7.7 | ||
| 13 | 2:37.1 | +8.8 | ||
| 14 | 2:37.2 | +8.9 | ||
| 2:37.2 | +8.9 | |||
| 16 | 2:38.4 | +10.1 | ||
| 17 | 2:39.0 | +10.7 | ||
| 18 | 2:39.1 | +10.8 | ||
| 19 | 2:39.3 | +11.0 | ||
| 20 | 2:42.0 | +13.7 | ||
| 21 | 2:43.1 | +14.8 | ||
| 22 | 2:44.2 | +15.9 | ||
| 23 | 2:44.4 | +16.1 | ||
| 2:45.1 | +16.8 | |||
| 25 | 2:46.1 | +17.8 | ||
| 26 | 2:47.0 | +18.7 | ||
| 27 | 2:47.3 | +19.0 | ||
| 28 | 2:49.0 | +20.7 | ||
| 29 | 2:50.2 | +21.9 | ||
| 30 | 2:50.3 | +22.0 | ||
| 31 | 2:52.4 | +24.1 | ||
| 32 | 2:59.1 | +30.8 | ||
| 33 | 3:00.0 | +31.7 | ||
| 34 | 3:01.4 | +33.1 | ||
| 35 | 3:03.1 | +34.8 | ||
| 36 | 3:07.1 | +38.8 | ||
| 37 | 3:26.1 | +57.8 |