Whistler Market Update – June 2023
May 2023 vs April 2023
Whistler (all property types):
Total Active listings (181) – 12% decrease
Total Sales volume (51) – no change
Average Sale price ($1,420,753) –17% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (44) – no change
Total Sales volume (20) – 13% decrease
Average Sale price ($2,063,508) – 17% increase
Whistler Single Family Homes:
Total Active listings (53) – 13% increase
Total Sales Volume (5) – 29% decrease
Average Sale price ($2,632,000) – 40% decrease
Pemberton:
Total Active Listings (56) – 6% increase
Total Sales volume (13) – 44% increase
Average sale price ($936,769) – 20% decrease
Whistler Market Update – May 2023
April 2023 vs. March 2023
Whistler (all property types):
Total Active listings (205) – 6% decrease
Total Sales volume (51) – 6% increase
Average Sale price ($1,714,544) – 2% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (44) –21% decrease
Total Sales volume (23) – 35% increase
Average Sale price ($1,765,054) – even
Whistler Single Family Homes:
Total Active listings (47) – 2% decrease
Total Sales Volume (7) – 13% decrease
Average Sale price ($4,416,286) – 48% increase
Pemberton:
Total Active Listings (53) – 6% increase
Total Sales volume (9) – 36% decrease
Average sale price ($1,168,667) – 6% increase
Real Estate Market Report – Q1 2023
Real Estate Market Report: Let’s talk about the first quarter of 2023 in the Whistler and Pemberton real estate markets.
January 2023 was a very slow month in terms of sales, but the markets rebounded in February and March. This came as a function of increased economic certainty, as the Bank of Canada has signalled that interest rate increases have likely come to an end. The return of some certainty in terms of rates has led to an increase in market activity, with our inventory still being low this has even resulted in us seeing the return of multiple offers.
Whistler
In Whistler, there were a total of 113* sales in Q1, with 93* of those sales, accounting for 82% of all Q1 sales, coming in February and March. Inventory improved slightly throughout the quarter, rising from 200* units in January to 229* In March, but inventory remains a major market constraint…
Whistler Market Update – April 2023
March 2023 vs. February 2023
Whistler (all property types):
Total Active listings (217) – 6% increase
Total Sales volume (48) – 23% increase
Average Sale price ($1,688,335) – 16% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (56) –10% increase
Total Sales volume (17) – 31% increase
Average Sale price ($1,766,006) – 31% decrease
Whistler Single Family Homes:
Total Active listings (48) – 4% increase
Total Sales Volume (8) – 33% increase
Average Sale price ($2,975,938) – 29% decrease
Pemberton:
Total Active Listings (50) – 7% decrease
Total Sales volume (14) – 180% increase
Average sale price ($1,104,714) – 2% increase
Whistler Market Update – March 2023
February 2023 vs. January 2023
Whistler (all property types):
Total Active listings (205) – 6% increase
Total Active listings (205) – 6% increase
Total Sales volume (39) – 144% increase
Average Sale price ($2,017,179) – 55% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (51) –2% decrease
Total Sales volume (13) – 160% increase
Average Sale price ($2,555,038) – 98% increase
Whistler Single Family Homes:
Total Active listings (46) – 10% increase
Total Sales Volume (6) – 100% increase
Average Sale price ($4,193,333) – 42% increase
Pemberton:
Total Active Listings (54) – 13% increase
Total Sales volume (5) – 25% increase
Average sale price ($1,080,835) – 24% increase
Whistler Market Update – February 2023
January 2023 vs. December 2022
Whistler (all property types):
Total Active listings (194) – 4% increase
Total Sales volume (16) – 56% decrease
Average Sale price ($1,302,094) – 40% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (52) –24% increase
Total Sales volume (5) – 38% decrease
Average Sale price ($1,290,000) – 31% decrease
Whistler Single Family Homes:
Total Active listings (42) – 9% decrease
Total Sales Volume (3) – 67% decrease
Average Sale price ($2,963,333) – 39% decrease
Pemberton:
Total Active Listings (48) – 4% increase
Total Sales volume (4) – 67% decrease
Average sale price ($869,750) – 32% decrease
Real Estate Market Report – Q4 2022
The Whistler and Pemberton Real Estate markets were a bit of a roller coaster in 2022.
Real estate sales in the first two months of 2022 resembled the fast pace of 2021, but sales slowed significantly throughout the remainder of the year. This came as a function of economic uncertainty, with a poor-performing stock market and rapid interest rate increases, and an overall misalignment of buyer and seller expectations.
Whistler
In Whistler, there were a total of 564* sales in 2022, which is the second lowest annual unit sales volume we have seen in the past 10 years, yet the second highest sales dollar volume with just over $1B in total market sales volume. Despite lower or falling property prices in certain regions of the country, prices in Whistler remained strong.
Whistler Market Update – January 2023
December 2022 vs. November 2022
Whistler (all property types):
Total Active listings (187) – 11% decrease
Total Sales volume (36) – 13% increase
Average Sale price ($2,161,750) – 26% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (42) –14% decrease
Total Sales volume (8) – 38% decrease
Average Sale price ($1,865,000) – 46% increase
Whistler Single Family Homes:
Total Active listings (46) – 25% decrease
Total Sales Volume (9) – 29% increase
Average Sale price ($4,891,333) – 40% increase
Pemberton:
Total Active Listings (46) – 13% decrease
Total Sales volume (12) – 1100% increase
Average sale price ($1,269,773) – 75% increase
Whistler Market Update – December 2022
November 2022 vs. October 2022
Whistler (all property types):
Total Active listings (210) – 7% decrease
Total Sales volume (32) – 18% decrease
Average Sale price ($1,709,394) – 9% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (49) –16% decrease
Total Sales volume (13) – 19% decrease
Average Sale price ($1,275,215) – 41% decrease
Whistler Single Family Homes:
Total Active listings (61) – 6% decrease
Total Sales Volume (7) – 40% increase
Average Sale price ($3,505,143) – 7% decrease
Pemberton:
Total Active Listings (53) – 13% decrease
Total Sales volume (1) – 80% decrease
Average sale price ($725,000) – 39% increase
Whistler Market Update – November 2022
October 2022 vs. September 2022
Whistler (all property types):
Total Active listings (227) – 1% decrease
Total Sales volume (39) – 26% increase
Average Sale price ($1,866,231) – 15% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (58) –2% decrease
Total Sales volume (16) – 3% increase
Average Sale price ($2,151,625) – 8% decrease
Whistler Single Family Homes:
Total Active listings (65) – 7% increase
Total Sales Volume (5) – 17% decrease
Average Sale price ($3,789,000) – 46% decrease
Pemberton:
Total Active Listings (61) – 3% decrease
Total Sales volume (5) – 17% decrease
Average sale price ($1,194,900) – 74% increase
Whistler Market Update – October 2022
September 2022 vs. August 2022
Whistler (all property types):
Total Active listings (229) – 0% increase
Total Sales volume (31) – 14% decrease
Average Sale price ($2,218,500) – 49% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (59) –2% decrease
Total Sales volume (12) – 50% increase
Average Sale price ($2,334,750) – 51% increase
Whistler Single Family Homes:
Total Active listings (61) – 5% decrease
Total Sales Volume (6) – 14% decrease
Average Sale price ($7,073,750) – 74% increase
Pemberton:
Total Active Listings (63) – 11% increase
Total Sales volume (6) – 14% decrease
Average sale price ($686,333) – 50% decrease
Whistler Market Update – September 2022
August 2022 vs. July 2022
Whistler (all property types):
Total Active listings (229) – 6% decrease
Total Sales volume (36) – 50% increase
Average Sale price ($1,493,417) – 5% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (60) –3% decrease
Total Sales volume (8) – 33% increase
Average Sale price ($1,543,750) – 41% decrease
Whistler Single Family Homes:
Total Active listings (64) – 4% decrease
Total Sales Volume (7) – 133% increase
Average Sale price ($4,074,286) – 9% increase
Pemberton:
Total Active Listings (57) – 5% decrease
Total Sales volume (7) – 19% increase
Average sale price ($631,500) – 23% decrease
Whistler Market Update – August 2022
July 2022 vs June 2022
Whistler (all property types):
Total Active listings (243) – 10% increase
Total Sales volume (24) – 20% decrease
Average Sale price ($1,428,875) – 10% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (62) –22% increase
Total Sales volume (6) – 45% decrease
Average Sale price ($2,608,333) – 39% increase
Whistler Single Family Homes:
Total Active listings (67) – 12% increase
Total Sales Volume (3) – 50% increase
Average Sale price ($3,738,333) – 31% decrease
Pemberton:
Total Active Listings (60) – 28% increase
Total Sales volume (6) – 3% increase
Average sale price ($823,667) – 12% decrease
Whistler Market Update – July 2022
June 2022 vs. May 2022
Whistler (all property types):
Total Active listings (221) – 27% increase
Total Sales volume (30) – 19% decrease
Average Sale price ($1,591,840) – 11% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (51) –31% increase
Total Sales volume (11) – 35% decrease
Average Sale price ($1,877,909) – 8% increase
Whistler Single Family Homes:
Total Active listings (60) – 46% increase
Total Sales Volume (2) – 60% decrease
Average Sale price ($5,427,500) – 24% increase
Pemberton:
Total Active Listings (47) – 38% increase
Total Sales volume (14) – 17% increase
Average sale price ($940,357) – 4% decrease
Whistler Market Update – June 2022
April 2022 vs. May 2022
Whistler (all property types):
Total Active listings (174) – 20% increase
Total Sales volume (37) – 35% decrease
Average Sale price ($1,798,110) – 9% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (39) –18% increase
Total Sales volume (17) – 19% decrease
Average Sale price ($1,733,887) – 1% increase
Whistler Single Family Homes:
Total Active listings (41) – 58% increase
Total Sales Volume (5) – 44% decrease
Average Sale price ($4,359,800) – 20% increase
Pemberton:
Total Active Listings (34) – 278% decrease
Total Sales volume (9) – 5% decrease
Average sale price ($981,031) – 24% increase
Whistler Market Update – May 2022
April 2021 vs. April 2022
Whistler (all property types):
Total Active listings (145) – 22% decrease
Total Sales volume (57) – 19% decrease
Average Sale price ($1,647,750) – 8% increase
Whistler Nightly rental properties (Phase One):
Total Active listings (33) –33% decrease
Total Sales volume (21) – 25% decrease
Average Sale price ($1,719,857) – 22% increase
Whistler Single Family Homes:
Total Active listings (26) – 45% decrease
Total Sales Volume (9) -10% decrease
Average Sale price ($5,484,308) – 18% increase
Pemberton:
Total Active Listings (28) – 24% decrease
Total Sales volume (13) – 68% decrease
Average sale price ($791,346) – 20% decrease
Whistler Market Update – April 2022
March 2022 vs. March 2021
Whistler (all property types):
Total Active listings (130) – 35% decrease
Total Sales volume (76) – 33% decrease
Average Sale price ($2,029,650) – 20% increase
Whistler Nightly rental properties (Phase One):
Total Active listings (24) –48% decrease
Total Sales volume (25) – no change
Average Sale price ($1,773,740) – 52% increase
Whistler Single Family Homes:
Total Active listings (31) – 35% decrease
Total Sales Volume (13) – 35% decrease
Average Sale price ($5,484,308) – 18% increase
Pemberton:
Total Active Listings (20) – 35% decrease
Total Sales volume (6) – 76% decrease
Average sale price ($1,495,333) – 100% increase
Whistler Market Update – March 2022
February 2022 vs February 2021
Whistler (all property types):
Total Active listings (120) – 47% decrease
Total Sales volume (75) – 34% decrease
Average Sale price ($1,649,628) – 14% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (23) –48% decrease
Total Sales volume (23) – 32% decrease
Average Sale price ($1,861,968) – 32% increase
Whistler Single Family Homes:
Total Active listings (30) – 46% decrease
Total Sales Volume (8) – 56% decrease
Average Sale price ($4,663,813) – 45% increase
Pemberton:
Total Active Listings (17) – 48% decrease
Total Sales volume (7) – 62% decrease
Average sale price ($1,169,571) – 59% increase
Whistler Market Update – February 2022
January 2022 vs. January 2021
Whistler (all property types):
Total Active listings (126) – 46% decrease
Total Sales volume (49) – 47% decrease
Average Sale price ($2,305,980) – 75% increase
Whistler Nightly Rental Properties (Phase One):
Total Active listings (17) – 58% decrease
Total Sales volume (14) – 53% decrease
Average Sale price ($1,779,714) – 30% increase
Pemberton:
Total Active Listings (15) – 40% decrease
Total Sales volume (5) – 78% decrease
Average sale price ($613,180) – 24% decrease
Whistler Market Update – January 2022
December 2021 vs. December 2020
Whistler (all property types):
Total Active listings (108) – 57% decrease
Total Sales volume (40) – 38% decrease
Average Sale price ($1,656,419) – 4% decrease
Whistler Nightly Rental Properties (Phase One):
Total Active listings (7) – 82% decrease
Total Sales volume (9) – 40% decrease
Average Sale price ($1,275,417) – 43% decrease
Pemberton:
Total Active Listings (11) – 74% decrease
Total Sales volume (5) – 58% decrease
Average sale price ($1,069,500) – 35% increase