Pemberton Real Estate Market Update: First Quarter 2025
The Pemberton market held steady in the first quarter of 2025, recording 20 sales, keeping pace with activity seen in early 2024. However, there was a shift in buyer preferences, with fewer single-family homes changing hands and a notable increase in townhome sales compared to both the previous quarter and Q1 of last year.
Inventory Trends
Inventory grew slightly throughout the quarter, with 62 properties listed for sale by the end of March (41 excluding vacant land). Compared to last year, overall inventory is down 15%, but it’s up 15% from the end of 2024, offering more options than we’ve seen in recent months, though still limited by small market size and land constraints.
Prices Holding Steady
The median sale price remained relatively stable across all property types compared to the same period last year. However, listings did take a bit longer to sell this quarter. Days on market increased across the board for single-family homes, townhomes, and condos, indicating that buyers are taking a more cautious and considered approach.
Conditions Still Favour Buyers
While Pemberton continues to face inventory constraints, the current market leans in favour of buyers thanks to more selection than we’ve seen recently and a slower pace. That said, quality listings—particularly those priced appropriately—are still generating strong interest and, in some cases, competing offers.
What’s Next for Spring?
Many buyers and sellers are in a holding pattern, waiting for clarity around broader economic and political factors—including global market uncertainty, U.S. tariffs, and the upcoming Canadian federal election. Several proposed policies from leading parties could have a real impact on real estate markets, and this has contributed to a slower-than-usual start to the spring season.
As we look ahead, activity is expected to pick up later this spring. With mortgage rates holding steady and more listings becoming available, the conditions are shaping up to support a busier market through May and beyond.
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If you’re thinking of selling, now is the time to be strategic—pricing your home right and making a great first impression will go a long way in today’s market.
If you’re a buyer, this is a great time to take advantage of a more relaxed pace and a growing number of listings. Whether you’re ready to act or just want to understand your options, I’m happy to help. Get in touch any time for personalized advice or a no-pressure conversation about the Pemberton market.
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Find out about the Whistler real estate market here.
*Excluding parking stalls
**All stats deemed to be accurate and taken from the Whistler Listing System, April 2025.
