Five Key Notes on Whistler Real Estate Market (January 2025):

Posted on by patrick

Key Points

  1. High Property Values:
    • Single-family homes are assessed at a typical value of $2,821,000, with condos and townhomes valued at $1,344,000. Both categories saw slight declines from the previous year, but Whistler remains one of the priciest markets in British Columbia​.
  2. Low Inventory Levels:
    • Only 838 units were listed over the past year, the lowest in the last decade. This scarcity, paired with steady demand, has contributed to maintaining property value stability.
  3. Exemption from Foreign Buyer Ban:
    • Whistler is not subject to Canada’s foreign buyer restrictions, maintaining its attractiveness to international investors, unlike many other markets in BC​.
  4. Interest Rates and Market Dynamics:
    • Anticipated declines in interest rates may increase buyer activity in 2025, leading to greater competition in Whistler’s limited market.
  5. Tax Increases:
    • Whistler has implemented an 8.25% property tax increase for 2025, potentially impacting holding costs for investors and homeowners​.

These factors collectively highlight a market with limited opportunities but significant long-term investment potential.