In 2024, Whistler recorded a total of 510* property sales, reflecting a modest 3% increase compared to 2023. However, sales activity remains more than 20% below the five-year average. The total sales volume reached $835 million, which, despite the slight uptick in transactions, marks the lowest dollar volume since 2019. Pricing across all property types remained relatively stable compared to last year.
When it comes to inventory, we saw a peak July 2024 and then a steady decline in available listings throughout the second half of the year. A total of 952 new properties were listed in 2024, making it the third-lowest number in the past decade. The median time it took for single-family homes to sell rose to 57 days, up from 44 days in 2023. However, days on market for townhouses, condos, and land remained steady at 28, 30, and 91 days, respectively.
As Whistler is exempt from Canada’s foreign buyer ban, international buyers continued to play an active role in the market, making up approximately 13% of all property purchases last year. Notably, US buyers accounted for 7% of total sales.
Looking ahead to 2025, sales volumes in both Whistler are expected to trend closer to historical averages as mortgage rates are predicted to gradually decline. Policy changes, such as the CMHC insured mortgage price limit increase, are likely to boost buyers’ purchasing power. Additionally, favorable exchange rates are anticipated to attract more international visitors and buyers to the Sea-to-Sky region, reinforcing its reputation as a desirable destination for second homes.
With a Canadian federal election on the horizon and the leadership shift in the United States, potential policy changes could further impact the real estate market. We remain cautiously optimistic that housing and tax reforms may make buying or selling property in Whistler even more appealing.
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*Based on statistics taken from the Whistler Listings Systems (WLS), excludes sales of parking stalls.
