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    November 2025 Whistler & Pemberton Real Estate Update: What's Really Happening Beneath the Surface?

    Let’s be honest—real estate headlines rarely tell the full story, especially in a dynamic market like Whistler or its quieter...

    • Dean Linnell
    • December 15th, 2025
    • 6 min read
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    Let’s be honest—real estate headlines rarely tell the full story, especially in a dynamic market like Whistler or its quieter neighbor, Pemberton.

    If you're a homeowner, investor, or buyer keeping a close eye on these mountain towns, you might be wondering: Are things still moving? Is now a good time to buy or sell? What direction are prices headed?

    Every month, I dig into the data so you don’t have to rely on hearsay or hype. And November? It brought some subtle but telling shifts that are worth a closer look—whether you're on the hunt for a Whistler ski-in/ski-out property, prepping to sell your chalet, or simply waiting for the right opportunity.

    Let’s break it down.

    Not into reading? No worries! Check out the full scoop in this YouTube video

    Whistler Market: Stable Sales, More Inventory, and a Balanced Vibe

    In November, Whistler recorded 45 sales, almost identical to October's 46. Compared to this time last year, that’s still a stronger showing—indicating consistent demand despite seasonal slowdowns and market noise.

    Here’s how it played out across property types:

    • Condos led the charge with 23 sales.
    • Townhomes came in next with 9 sales.
    • Single-family homes saw 6 transactions.

    Inventory Creeping Up

    There were 297 active listings in Whistler by the end of the month—up slightly from 288 in October. That 13% jump in townhome listings stood out, especially as condo inventory dipped a little. Single-family home availability held steady.

    Overall, condo inventory is still much higher than a year ago, which gives buyers more selection and leverage—particularly in the lower to mid-tier price ranges.

    Pricing: Not a Drop, Just a Shift in What’s Selling

    Now, let’s talk about prices. Because this is where people can get misled by the numbers.

    • Single-family homes held firm with a median price of $3.387M.
    • Townhomes dropped 23%.
    • Condos softened 11%.

    Sounds dramatic, right? But here’s the truth: These shifts mostly reflect what kinds of properties sold—not a sweeping market correction.

    If more entry-level or older units sell in a given month, averages drop—even if property values themselves remain stable. So don’t panic. The market remains healthy, just with more activity at the more affordable end.

    Days on Market: Buyers Are Taking Their Time

    One subtle change we noticed? Properties are taking slightly longer to sell.

    • Single-family homes: 39 days on market
    • Condos: 58 days
    • Townhomes: 64 days

    Buyers are still showing up—but they’re taking more time, weighing options, and negotiating more thoughtfully. It’s a far cry from the frenzy we saw during the pandemic-era boom, and honestly? That’s not a bad thing.

    This slower pace reflects a more balanced Whistler real estate market—one where well-priced listings still attract strong interest, especially in the condo segment.

    Pemberton: Quiet but Still Offering Opportunity

    Over in Pemberton, things were noticeably slower—only two residential sales closed in November (one condo and one single-family home). No townhomes or vacant land traded hands.

    Inventory Holding Steady, But Up from Last Year

    Active listings remained flat at 77, which is just slightly above October’s number. But compared to last year, inventory is up across several categories, particularly for condos.

    The lone single-family sale closed at $1.635M—right in line with October’s median and 26% higher year-over-year. Even more impressive? It sold in just 19 days, a massive improvement from the previous 83-day average.

    The Pemberton Takeaway?

    Despite slower overall activity, well-priced and well-marketed listings are still moving. Buyers in Pemberton have more choices, less urgency, and a real chance to find value—especially if you’re looking for more space at a better price than Whistler.

    Bigger Picture: What’s Influencing Buyer Behavior Right Now?

    November also brought the final Bank of Canada rate announcement for 2025. After three back-to-back cuts, the central bank held rates steady at 2.25%.

    Why does this matter for Whistler and Pemberton?

    Because interest rates directly influence buyer confidence—and this pause gives the market a moment to recalibrate.

    A few trends we’re watching:

    • Inflation is cooling thanks to lower oil prices and the rollback of the consumer carbon tax.
    • Wage growth and household spending are slowing—easing inflationary pressure.
    • More rate cuts could still come in 2026.

    In short? If you’re financing a purchase, we may see better borrowing conditions in the months ahead. And if you’re selling, more affordability could bring additional buyers into the mix.

    Canadians Are Staying Close to Home — And It’s Boosting Local Demand

    Here’s an interesting lifestyle trend that’s starting to show up in Whistler and Pemberton real estate:


    Domestic travel is rising while international trips decline.

    In September alone, air travel fell for the ninth straight month. Cross-border trips to the U.S. dropped over 30%. But Canadian travel within Canada? Up nearly 11%.

    That shift is now translating into more domestic visitors in Whistler and Pemberton—many of whom are turning their vacation into a home search.

    Whether they’re looking for a Whistler vacation home for sale, exploring Whistler condos with nightly rental potential, or searching for a family-friendly Pemberton home, this increase in local tourism could bring renewed momentum into the market.

    Two Practical Tips for Buyers and Sellers Right Now

    1. Sellers: Don’t panic about soft pricing headlines.
    Average price drops can reflect property mix—not market weakness. If your listing is in good condition and priced right, it will still get activity. Especially condos and entry-level homes, which are moving fastest right now.

    2. Buyers: Use this slower pace to your advantage.
    You’ve got
    more options, more time, and less competition—especially in Pemberton and the Whistler condo market. If you're buying for lifestyle or long-term investment, this is a moment worth watching.

    Final Thoughts: A Balanced Market with Quiet Momentum

    Whistler’s real estate market isn’t booming—but it’s not falling either. It’s balanced, steady, and offering both buyers and sellers a chance to make moves with clarity.

    Pemberton remains a buyer’s market, with space to negotiate and find value.

    If you’ve been sitting on the sidelines waiting for a sign, this might be it.

    Whether you’re dreaming of a weekend getaway, an investment rental, or planning a long-term lifestyle move, I’d love to help you navigate your options with confidence.

    Author Photo
    About the author

    Dean Linnell

    Dean has lived in Whistler for 27 years and is passionate about the Whistler real estate business. He moved from Kenora in Northwestern Ontario in 1992. With beginnings in ski coaching and fly fishing guiding here in the Whistler Valley, Dean quickly moved over to real estate sales in 1998. Dean also has a strong background in the Whistler mountain bike scene and organizes the NIMBY Fifty mountain bike race in Pemberton, and participates in several other elite mountain bike races throughout the year.

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    Whistler Real Estate Company

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    Each office Independently Owned and Operated

    #17-4308 Main Street, Whistler, BC, Canada

    604-935-9313
    [email protected]
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