MAY 2025 NORTH AMERICAN LUXURY MARKET REPORT

FEATURED LUXURY PROPERTY – WHISTLER

6252 Bishop Way| Whistler
$4,895,000 CAD | $3,531,000 USD
Listed by: Kyoko Hamazaki
Re/Max Sea to Sky Real Estate

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.

The 2025 luxury real estate market is shifting from low inventory concerns to buyers hesitation driven by economic uncertainty.

Read the full North American Luxury Review to learn more.

In this month’s report we review:

  • Increased listings haven’t led to the substantial volume of sales expected as affluent buyers
    wait for interest rate and stock market stability.
  • Wellness, personalization, and sustainability now define luxury home design.
  • Features like AI-driven systems, spa-style amenities, and natural materials are in high
    demand.
  • Flexible spaces—like convertible home offices and media rooms—reflect changing lifestyle
    needs.
  • Builders face rising costs, high mortgage rates, and labor shortages, prompting a shift away
    from new construction.A profile of current market disruptors shows that:

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 ATTACHED HOMES LUXURY MARKET
on Page 20-21 is a Buyers Market with a 2% Sales Ratio.

  • Homes sold for a median of 96.67% of list price in April 2025.
  • The most active price band is $2,000,000-$2,199,999, where the sales ratio is 25%.
  • The median luxury sales price for attached homes is $2,030,000.
  • The median days on market for April 2025 was 11 days, down from 31 in April 2024.

WHISTLER DETACHED HOMES LUXURY MARKET
on Page 18 and 19 is a Buyer’s Market with a 2% Sales Ratio

  • Homes sold for a median of 93.24% of list price in April 2025.
  • The most active price band is $4,500,000-$4,999,999, where the sales ratio is 25%.
  • The median luxury sales price for attached homes is $4,750,000.
  • The median days on market for April 2025 was 139 days.

Referrals are one of the Pillars of our Business.

We are never too busy for your referrals!
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!

Click here to add your own text