AUGUST 2025 NORTH AMERICAN LUXURY MARKET REPORT

FEATURED LUXURY PROPERTY – WHISTLER

3824 Sunridge Drive
Sunridge Plateau | Brio | Whistler
$16,995,000 CAD | $12,218,000 USD

Listed by: John Ryan
Whistler Real Estate Co. Ltd.

Stay ahead in the luxury real estate market with the latest data and trends across North America. This monthly report provides an in-depth look at the top residential markets in the U.S. and Canada, giving you the insights you need to navigate the luxury real estate market with confidence.

This month’s report displays the market statistics for North America month over month as well as the 13-month trend. 

Read the full North American Luxury Review to learn more.

In this month’s report we review:

∙ Stability Meets Selectivity – The 2025 luxury market is refining itself, with detached homes holding steady, and attached properties moving more slowly. Buyers are deliberate, sellers must meet high standards. 

∙Detached Homes Hold Their Ground – July sales are up from both 2023 and 2024. Inventory has grown, prices remain around $1.3M, and sales timelines are lengthening as buyers take more time. 

∙Attached Properties: Selective Demand – Sales are down over 9% year-over-year, inventory is higher but new listings have slowed. Prices are stable, but underwhelming properties linger. 

∙Why Inventory Doesn’t Tell the Whole Story – More listings don’t always mean better choices. Affluent buyers want exclusivity, top-tier design, sustainability, and craftsmanship. Homes that don’t deliver need repositioning. 

∙Prices Hold Firm Despite More Supply – Even with inventory up as much as 35% in some areas, the top 10% of the market saw prices rise nearly 2.7%. Well-positioned homes are selling for about 98% of list price. 

∙The New Buyer Mindset – Luxury buyers combine strategy and emotion, expecting market expertise, innovative marketing, and tech-driven previews. A home is both investment and sanctuary. 

∙A Market in Balance – The market is in a refined equilibrium: detached homes likely to keep demand, attached properties facing slower sales, and quality remaining the ultimate differentiator. 

For homeowners looking to sell or buy their luxury home in today’s market we recommend working with a realtor who can provide you with critical knowledge about your local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.   

It is my responsibility as your REALTOR to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the market effectively to achieve your goals. 

Check out the Whistler & North American Luxury Report below:

(Whistler Report on Pages 17-21)

LUXURY REAL ESTATE REPORT HERE

WHISTLER DETACHED HOMES LUXURY MARKET
on Page 18 and 19 is a Buyer’s Market with a 4% Sales Ratio

  • Homes sold for a median of 97.32% of list price in July 2025.
  • The most active price band is $5,500,000-$5,999,999, where the sales ratio is 33%.
  • The median luxury sales price for detached homes is $5,600,000.
  • The median days on market for July 2025 was 21 days, down from 114 in July 2024.

WHISTLER ATTACHED HOMES LUXURY MARKET
on Page 20-21 is a Buyers Market with a 6% Sales Ratio.

  • Homes sold for a median of 95.03% of list price in July 2025.
  • The most active price bands are $1,800,000-$1,899,999, and $4,000,000-$4,499,999 where the sales ratio is 100%.
  • The median luxury sales price for attached homes is $2,850,000.
  • The median days on market for July 2025 was 45 days, up from 10 in July 2024.

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If you can think of a friend or family member looking to buy and/or sell Real Estate in the Sea to Sky Corridor – please keep the Morel Real Estate Team top of mind!