As we look back on 2025, both the Whistler and Pemberton real estate markets experienced a mix of meaningful shifts and steady trends that carried through the year.
Some segments softened. Others quietly regained momentum. And overall, the data tells a much more nuanced story than the headlines suggest.
In this update, I’ll walk you through how 2025 finished, what the sales numbers actually show, and what it all means if you’re considering buying, selling, or investing in 2026.
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Whistler Real Estate: A Market of Two Stories
When you look at Whistler as a whole, the year appears slightly softer than 2024.
- Total unit sales were down modestly
- Overall dollar volume declined marginally
But that softness was almost entirely concentrated in the condo segment.
Whistler Condos Lagged in 2025
- Condo unit sales were down 17%
- Condo dollar volume declined 12%
This was the primary drag on Whistler’s overall numbers — and it’s an important detail, because other parts of the market actually moved in the opposite direction.
Chalets and Townhomes Recovered Strongly
While condos underperformed, higher-end property types gained ground:
- Chalet sales increased 7% in units and 11% in dollar volume
- Townhome sales rose 15% in units sold and 9% in dollar volume
Because chalets and townhomes transact at higher price points, these gains helped offset weaker condo activity.
The result:
- Total unit sales across Whistler were down 6%
- Total dollar volume was down just 1%
That’s a key takeaway — buyer demand didn’t disappear. It shifted.
Listings Fell, But Buyers Stayed Engaged
Another notable trend in 2025 was lower listing volume compared to 2024.
Despite that:
- 53% of new listings sold within the year
- When condos and vacant land are excluded, over 60% of listings sold
This tells us something important:
When the right property came to market, buyers were still very active.
Whistler Outlook for 2026
Looking ahead, the data suggests a more balanced market going into 2026.
- Chalet and townhouse segments have clearly stabilized
- Pricing in those segments remains steady
- Sales activity has normalized after earlier volatility
As buyer confidence continues to rebuild, we’re also expecting a rebound in the condo market, which underperformed in 2025 but still offers long-term appeal — particularly for lifestyle buyers and investors who understand the zoning and usage trade-offs.
Pemberton Real Estate: Slower, But Stable
The Pemberton market is smaller, which means year-over-year comparisons tend to be more nuanced.
In 2025, Pemberton saw:
- A general slowdown in both unit sales and dollar volume
- One key exception: townhomes, which held steady
Pemberton Chalets: Fewer Sales, Higher Prices
- Chalet unit sales were down 8%
- Dollar volume increased by 1%
And one standout milestone:
- 2025 recorded the highest sale ever for a chalet with acreage in Pemberton
This reinforces what we’ve seen over several years — quality rural and estate-style properties continue to command strong prices, even in slower markets.
Townhomes and Condos in Pemberton
- Townhome sales were flat year over year (same number of units, same dollar volume)
- Condo sales slowed, with declines in both units sold and dollar volume
That stability in the townhome segment is worth paying attention to, especially given tighter supply.
Listings in Pemberton Held Steady
Unlike Whistler, Pemberton’s supply picture barely changed:
- 195 new listings in 2025
- 194 new listings in 2024
This consistency suggests the slowdown was more about buyer timing and confidence than a surge in inventory.
From Economic Views:
Key Factors Shaping the 2026 Market
Several external forces will play an important role in what happens next.
Interest Rates and Buyer Confidence
Most economists expect the Bank of Canada to hold interest rates steady through at least the first half of 2026.
For buyers who have been waiting on the sidelines, that kind of rate stability can be the push needed to re-enter the market.
U.S. Buyers and the Canadian Dollar
In the U.S., there’s increasing pressure on the Federal Reserve to begin cutting rates.
If that happens:
- The Canadian dollar could strengthen
- Cross-border buyer activity may pick up
This matters because Whistler and Pemberton remain exempt from Canada’s foreign buyer ban, keeping both markets attractive to U.S. and international purchasers.
What This Means for Buyers and Sellers
With pricing relatively stable and inventory still selective, current conditions may offer opportunity rather than urgency.
- Buyers can be more strategic
- Sellers need to be realistic and well-positioned
- Investors should focus on fundamentals, not speculation
As always, the best moves in these markets are rarely one-size-fits-all.
