From snow-dusted chalets around Alta Lake to the strollable plazas of Whistler Village, this resort town punches above its weight in both lifestyle and price. Tracking where listings, values, and sales move gives an early read on British Columbia’s resort-housing scene. This 2025 market report pulls together sales, listings in Whistler, rental trends, and financing info so buyers, sellers and local agents have a practical snapshot of the market today—and what to watch next.
What is the Current State of the Whistler Real Estate Market?
Through year-to-date 2025 the market is active but noticeably more balanced than the feverish bidding of 2021–2022. You still see two or three-offer competition on well-presented chalets, but sellers increasingly accept longer closings, conditional financing, or small credits for inspection items. Median sold prices sit near $1.55 million, while condo demand, driven in part by short-term rental economics, keeps attached inventory tight. Municipal moves to accelerate employee and community housing are helpful for long-term supply, but resale stock in prime neighbourhoods remains limited.
Average list price
The median list price hovered around $1.60 million in October 2025. Trophy chalets in the Benchlands and Kadenwood push averages higher, while creekside and village condos typically list between $850000 and $1.1 million.
Average sales price
Closed-sales data show that homes priced in line with recent comps generally sell close to asking. Year-to-date averages range roughly from $1.3 million to $1.7 million depending on whether luxury homes appear in that month’s mix.
Number of homes listed
On a rolling four-week basis roughly 110–130 active listings appear; far fewer than larger urban markets, but normal for a resort town with seasonal listing patterns.
Number of houses sold
Whistler recorded about 220 sales in the first three quarters of 2025. Sales volume tracks tourism: transactions peak in summer and slow during the spring mud season.
Average days on market
Listings averaged 31 days to sell in October 2025. Condos priced under $1 million often move within two weeks; ski-in/ski-out estates above $5 million can sit 90 days or more.
Price drops
About 29 percent of active listings had at least one price reduction this year, concentrated in the detached-home segment where sellers sometimes test the upper price envelope before adjusting.
How Have Home Values Changed in Whistler?
Home values are uneven by neighbourhood and product type. Below is a short primer on what buyers and sellers should read into different time ranges, and how each horizon matters for decision-making.
One-year change
Median prices are roughly down 2 percent to up 3 percent versus October 2024 depending on the dataset and the property class. Short-term movement reflects which property types traded more often (e.g., condos versus luxury chalets).
Three-year change
Values are up about 18 percent compared with October 2022. That three-year view smooths temporary dips and shows recovery since the pandemic slowdown.
Five-year change
Five-year appreciation approaches 33 percent, fed by record visitation, lift upgrades and a tight new-supply pipeline. For owners planning a multi-year hold, five-year gains are a meaningful gauge of mid-term performance.
Ten-year change
Since 2015 benchmark prices have more than doubled, but growth arrived in waves; 2016–2018 gains, a 2020 correction, then the 2021 highs. Ten-year charts help long-range investors separate cyclical blips from structural appreciation.
How to use these numbers: if you’re selling, focus on the most recent 30–90-day comps in your immediate neighbourhood. If you’re buying, review 1-, 3-, and 5-year trends by home type, condos and chalets often diverge, and build a purchase plan that assumes modest, seasonal price variability.
What is the Current State of the Whistler Rental Market?
Long-term rents remain firm. In September 2025 a typical two-bedroom lease averaged about $3450, up roughly 4 percent year-over-year. New purpose-built rental projects have added modest supply for employees, but tourism-driven demand and a fixed land base keep long-term rents elevated. If you’re buying for rental income, model both long-term lease rates and short-term rental seasonality; they produce very different cash-flow profiles.
How Are Mortgage Rates?
The Bank of Canada trimmed its policy rate to 2.5 percent in September 2025. As a result, major lenders are now offering five-year fixed mortgage rates roughly in the 4.25%–4.75% range, down from the 5%+ levels of late 2024. That move improves buyer affordability somewhat, but note two realities: (1) resort markets remain sensitive to cash buyers, and (2) even a half-percent shift in rate changes monthly payments significantly on seven-figure loans. Run local mortgage scenarios to see the dollar impact on your target price.
Is it a Buyer’s or Seller’s Market?
Whistler’s real estate market balance depends on home type and price band.
- For condos under $1 million: inventory is relatively deeper, buyers have options, and you’ll often see modest negotiation room. If you’re hunting one, expect to find choices and move deliberately.
- For mid-range chalets: well-priced, cleanly presented properties can still draw multiple offers; especially those with strong rental histories or turnkey condition.
- For luxury estates: supply is tight and many buyers pay cash; when a true trophy comes to market, expect quick action from well-heeled buyers.
Sellers should price to the last 30–60 days of closed sales for their neighbourhood, and buyers should bring financing pre-approval or quick-closing flexibility when targeting scarce inventory.
FAQs
What’s the difference between average and median price, and which should I watch?
Average prices can be skewed by a few very large sales (think $6M+) and therefore climb quickly. Median price shows the midpoint of transactions and better reflects what a typical buyer might pay in a given month. Watch both, but rely on median plus local comps for offer strategy.
Do condos actually sell faster than detached homes?
Yes. Smaller, lower-priced condos often secure offers within days to a few weeks. Detached luxury homes sell slower unless priced sharply and staged well. If you’re selling a chalet, prepare it for efficient showings and consider limiting contingencies to keep buyer interest high.
Will lower mortgage rates spur a big wave of buyers?
Lower rates help affordability, but in Whistler supply constraints, buyer preferences for cash deals, and resort premiums mean any increase in demand will be gradual. Expect some additional activity from rate-sensitive buyers, not a flood.
Are new builds easing inventory pressure?
Most recent development is focused on deed-restricted employee and community housing. That helps the local workforce but does little to relieve resale pressure for buyers seeking unrestricted, market-rate chalets.
What should investors think about Whistler vs. Vancouver?
Whistler offers higher upside volatility and seasonal cash-flow potential; Vancouver offers deeper liquidity and more predictable long-term demand. Investors who understand tourism cycles and accept liquidity trade-offs tend to do better in resort markets.
How can I verify recent sold prices and comps?
Start with the MLS® Home Price Index and local brokerage sold reports. For a deeper check, request recent closed statements from your agent and consult CMHC neighbourhood data for rental and vacancy context.
What are the biggest hidden costs of owning in Whistler?
Factor in higher insurance (alpine exposure), strata fees in condos, property management for rentals, and seasonal maintenance (snow clearing, trail access, upkeep after heavy freezes). Budget an additional 1–2% of property value annually for ongoing operating and contingency costs.
