Whistler Real Estate Market Update: Third Quarter 2025

As summer comes to a close and the excitement of ski season builds, the Whistler real estate market continues to show its trademark resilience. While sales activity slowed slightly over the summer months, prices remained stable, and buyer confidence is starting to return following the Bank of Canada’s recent rate cut.

Market Highlights

The Whistler real estate market recorded 106 total transactions in Q3 2025, representing a 9% decrease from Q2 and a 3% dip year-over-year.

Despite fewer sales, pricing held firm across property types, including single-family homes, townhomes, and condominiums. This stability reflects Whistler’s enduring appeal and the underlying strength of its housing market, even during periods of reduced activity.

Inventory Levels Remain Balanced
Overall inventory stayed consistent through Q3, ending the quarter with approximately 320 active listings, about 4% lower than the same time last year.

However, there were clear differences between product types:

  • Townhome inventory declined by 22% year-over-year.
  • Condo inventory increased by 32%, with notable growth across both short-term rental categories.
    • Phase 2 (hotel-style) units nearly doubled compared to last year.
    • Phase 1 (nightly rental) condos rose 20%.

These shifts suggest evolving supply dynamics as owners and investors adjust to changing rental patterns and buyer demand.

Luxury Market
The luxury segment continues to perform well.

  • Nine properties sold for over $4 million in Q3, including four above $5 million.
  • The highest sale of the quarter reached $12.65 million.

This sustained high-end activity reaffirms Whistler’s reputation as one of Canada’s most desirable destinations for premium real estate.

Buyer Demographics
Local demand continues to drive the market.

  • 86% of buyers in 2025 have come from British Columbia, slightly above the historical average.
  • Another 8% of buyers originated from the United States, highlighting Whistler’s ongoing international appeal.

Economic Factors and Buyer Confidence
In mid-September, the Bank of Canada reduced interest rates for the first time since March. Many anticipate a second rate cut before the end of the year, depending on inflation trends and broader economic performance.

This policy shift has already started to restore confidence among buyers, particularly those who had paused their search earlier in the year.

Looking Ahead: Market Outlook for Q4

As of the end of Q3, Whistler’s total sales volume is about 14% behind 2024 levels. However, activity is expected to accelerate through Q4 as motivated buyers aim to secure properties ahead of ski season.

Overall, market conditions remain balanced with stable pricing, consistent inventory, and healthy activity across all segments. Whistler continues to offer both homeowners and investors a stable and attractive real estate environment heading into 2026.

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Whether you’re ready to jump in or just have questions about your options, I’m here to help. Reach out anytime to 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, October 2025.