Fall puts Whistler on display. Action and adventure with a chilled-out vibe, midweek deals on dining, and inspiring events of all kinds. Great rates on accommodation let you connect with nature and culture in a village awash in colour with snow-dusted peaks.

In Whistler in the last 3 months we have seen a 43% drop in sales, a 29% drop in new listings and a 19% increase in total inventory. We’ve been hearing that the lack of inventory is affecting sales, however, it is more so that the lack of unique properties available for sale, at the price point listed, is not appealing to Buyers. We are seeing that Buyers are having difficulty finding a suitable property that is priced right, and when it is, it sells quickly.

The Bank of Canada decided to maintain its 5% interest rate and continue quantitative tightening, aiming to control inflation. Global economic growth slowed due to a slowdown in China, while the United States saw stronger growth from consumer spending. Canada’s economy weakened in Q2 2023, partly due to reduced consumer spending, housing, and wildfires. Higher interest rates have slowed borrowing. Inflation remains a concern, with prices up around 3%. The Bank is cautious, monitoring factors like inflation, wage growth, and business pricing behavior. They intend to ensure price stability for Canadians and may adjust interest rates if necessary.

If you have any questions about buying and/or selling in today’s market, it would be a pleasure to connect about how we can best assist!

                                                                     – Ursula and Mel

Sea to Sky Real Estate Market Update:

Through August 2023

WHISTLER’s real estate market had a total dollar volume of approximately $68 Million in August. There were a total of 32 transactions. Of those sales, 5 were chalets, 10 were townhouses and 8 were condominiums sales.

For a complete breakdown of Whistler Sales by Dollar Volume, Transactions and Property Types, for the past few years, please view our August 2023 stats package here

The SQUAMISH real estate market had a total of $38 Million in sales in August. There were a total of 34 property transactions. Of those sales, 11 were single family homes, 11 were townhomes and 8 were condominiums.

Want more Squamish Stats?
view our August 2023 stats package here

The PEMBERTON market had approximately $7 Million in total dollar volume in August. There were a total of 8 transactions. Of those sales, 3 were chalets, 2 were townhouses and 2 were vacant land sales.

Want more Pemberton Stats?
view our July 2023 stats package here

Featured Whistler Luxury Chalet

6307 Lorimer Road | Whistler Cay Estates
$2,999,995 CAD | $2,237,576 USD
5 Bedroom | 3 Bathroom

Discover a world of possibilities in this meticulously maintained Whistler home, where natural beauty and modern comfort converge seamlessly. This 3 bedroom, 2 bathroom main home with 2 bedroom suite showcases tasteful updates throughout, and boasts one of the largest lots in the cul-de-sac, with a south-facing backyard soaking up sun all day. The flexible floor plan provides options to configure to your exact needs – Whether you envision a spacious 5 bedroom home with additional living space or 2 bedroom suite with separate entrance. New windows throughout the entire home, high efficiency fireplace, new paving stone driveway and thoughtfully updated bathrooms with heated tile flooring and granite counters are only a few of the amazing features in this home. Heated workshop with extra high ceiling provides ample work space and storage for all your seasonal gear. Lorimer Estates is in a prime location, steps away from the Valley Trail leading to Alta Lake, Meadow Park and a short walk to Whistler Village – Ensuring endless adventures and opportunities!

Pied-a-Terre’s in Whistler, Pemberton and Squamish