Whistler Real Estate Market Update: First Quarter 2025

The Whistler real estate market began 2025 on a quieter note, recording 106 sales in the first quarter—a 23% drop compared to 130 sales in Q1 of last year. While the overall volume was down, there was a noticeable uptick in single-family home sales compared to Q4 2024, suggesting that certain buyer segments are still actively engaged.

Inventory on the Rise

Inventory continued to build through the quarter, with 241 new listings coming to market. At the end of Q1, total active listings sat at 326—up 21% from year-end and 12% higher than the same period last year. This increase offers buyers more choice than we’ve seen in recent years, helping to shift the market dynamics.

Prices Remain Resilient

Despite slower sales, prices remained stable and even strengthened slightly. The median sale price rose across all major categories—single-family homes, townhomes, and condos—compared to Q4 2024.

Time on market varied by property type:

  • Townhomes: 37 days (up from Q1 2024, down from Q4)
  • Condos: 31 days (up from Q1 2024, down from Q4)
  • Single-family homes: 122 days (flat year-over-year, up slightly from last quarter)

These trends suggest that while buyers are taking more time, competitively priced properties are still selling within a reasonable timeframe.

Market Favouring Buyers (For Now)

With higher inventory and more time for decision-making, the current Whistler market favours buyers. However, well-priced and desirable properties are still attracting multiple offers, indicating that demand hasn’t disappeared; it’s simply more selective.

 

Looking Ahead: What to Expect This Spring

Both buyers and sellers seem to be in a holding pattern, waiting for more certainty around key external factors—including evolving U.S. tariffs, global economic volatility, and the Canadian federal election later this month. Proposed policy changes from different parties could influence the market, and many are watching closely.

While the typical spring rush hasn’t fully materialized yet, we expect to see increased activity as we head into May. With mortgage rates holding steady and more inventory on the market, the conditions are shaping up to be some of the most favourable for buyers that we’ve seen in years.

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If you’re considering selling, now is the time to think strategically. Setting the right price and making a strong first impression are key in today’s market. For buyers, this is a window of opportunity, with more listings to choose from and solid financing conditions in place.

Whether you’re ready to jump in or just have questions about your options, I’m here to help. Reach out anytime for personalized guidance or a no-pressure chat about the Whistler market.

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Find out about the Pemberton real estate market here.

*Excluding parking stalls
**All stats deemed to be accurate and taken from the Whistler Listing System, April 2025.