January 2025
| Whistler Market Highlights Sales Activity: 29* sales in January, a historically slower month. This marks a ~20% decrease from December and a 31% decline from January last year. New Listings: 78* new units were brought to market, the highest since June 2024. Inventory Trends: Overall inventory increased across all categories except chalets compared to December. Condo and townhome inventory saw significant year-over-year increases. Median Days on Market: Chalets: 160 days Townhomes: 27 days Condos: 47 days Market Conditions: Currently leaning in favor of buyers, with increased inventory and longer median days on market. Buyer Competition: Despite overall buyer-friendly conditions, demand is expected to rise as interest rates continue to decrease. |
| Pemberton Market Highlights Sales Activity: 7* sales in January, just below the 5-year average of 9 sales. New Listings: 15* new properties came to market. Inventory Trends: Overall inventory at 53* units, the lowest since March 2023. Median Days on Market: Single-family homes: 59 days Townhomes: 46 days Market Conditions: Balanced but favoring sellers, especially when excluding vacant land. Outlook: Expected interest rate decreases could drive further activity and pricing in the coming months given low inventory levels. |
| Market Outlook & Key Considerations Interest Rates: With rate cuts expected to continue, buying power is likely to increase. Economic Uncertainty: Trade tensions between Canada and the U.S. could influence the economy and interest rate decisions. Final Thoughts There’s a lot to navigate in today’s market, but opportunities exist for those who stay informed and act strategically. If you have questions about how the changing market conditions might impact your real estate goals, I’d love to connect for a conversation. Whether you’re considering buying, selling, or just curious about what’s happening, let’s chat about a measured, strategic approach to your next move. Let’s talk real estate – reach out anytime! |