Whistler Market Update β January 2025
ποΈ Whistler and Pemberton Year-End Recap for 2024 π‘β¨
π Whistler Highlights:
505 sales in 2024 β¬οΈ 2% from 2023, but β¬οΈ 29% below the 5-year average.
Total sales volume: $826 million π° (lowest since 2019, β¬οΈ 14% below the 10-year average).
Median days to sell:
Single-family homes: 57 days (β¬οΈ from 43 days in 2023).
Townhouses: 28 days (steady).
Condos: 30 days (steady).
Luxury sales: π 27 properties sold for over $5 million.
International buyers: Accounted for 13% of sales, including 7% from the US πΊπΈ.
π Pemberton Highlights:
108 sales in 2024 β¬οΈ 6% from 2023.
Median sales price: $870,000 π (a record high).
193 new listings, including 39 parcels of vacant land.
Median days to sell:
Single-family homes: 53 days (β¬οΈ from 2023).
Condos: 27 days (β¬οΈ from 2023).
Luxury sales: π Seven properties sold for over $2 million.
Buyer origins:
39% from Pemberton.
35% from Whistler.
17% from the Lower Mainland.
π― Looking Ahead to 2025:
π Lower mortgage rates are expected to fuel increased sales.
π Favourable exchange rates may attract more international buyers.
π³οΈ Upcoming elections in Canada π¨π¦ and the US πΊπΈ may bring policy changes affecting the market.