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Stay Informed on the WHISTLER MARKET

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Estimated reading time: 3 minutes

Quick Market Stats – May

  • Sales: 42
  • New listings: 87
  • Inventory: 311
  • Market type: balanced

In summary, there were 190 sales for the first five months of 2026 compared to 186 for the same time last year. Therefore, 2026 is on trend with 2025, and prices are holding steady. So if you want to pay a better price, you need to retain a better negotiator.

Key Takeaways: Sales and New Listings Q1

  • 2026 Q1 Sales: 116
  • 2025 Q1 Sales: 106
  • 2024 Q1 Sales: 115
  • 2026 Q1 New Listings: 205
  • 2025 Q1 New Listings: 247
  • 2024 Q1 New Listings: 237
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Insurance Upon Destruction (IUD)

Estimated reading time: 3 minutes

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Key Takeaways

  • The Insurance Under Destruction (IUD) value determines payouts when a strata lot is destroyed and is instrumental in rebuilding decisions.
  • Unit Entitlement may influence monthly fees and voting power; it relates to the IUD and was calculated using the same values.
  • Upgrades made by owners are not covered by strata insurance, so additional personal insurance is necessary for replacement costs.
  • Stratas with a rental pool need pre-determined IUD calculations to manage revenue sharing accurately.
  • Working with an experienced buyer’s agent can help navigate strata complexities and find the right property in Whistler.
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RENTAL POOL Phase 2 Hotel Condos

Estimated reading time: 3 minutes

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Key Takeaways

  • The Rental Pool allows condo owners to earn revenue even when their unit is not rented.
  • Owners receive a share of room revenue based on Generally Accepted Hotel Accounting Principles.
  • Detailed financial statements are available for major Phase 2 properties, but smaller properties offer more basic reports.
  • Monthly owner statements are crucial to understanding individual use and its impact on revenue.
  • Consider additional resources on Phase 2 properties for potential investment opportunities.
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Phase 2 CONDO_HOTELS

Estimated reading time: 2 minutes

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Key Takeaways

  • Owners can use their Phase 2 condo-hotel for up to 28 days in both winter and summer, reserving dates seven months in advance.
  • Each hotel has a unique management agreement outlining personal use rules, cancellations, and property disposition.
  • Revenue from Phase 2 condos is classified as business income, requiring CRA approval for the entire hotel.
  • Whistler has 14 Phase 2 properties, with major hotels providing detailed financial reports to owners.
  • Contact an experienced Whistler realtor to navigate the buying process and understand upcoming renovations.
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FAQ Strata Insurance

Estimated reading time: 6 minutes

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Key Takeaways

  • Understanding strata insurance is crucial for owners to ensure full coverage.
  • Unit owners need insurance to cover risks not included in the strata corporation’s policy, like water damage.
  • Cover for Phase 2 and Quarter-Shares covered in the strata, no additional insurance may be required. Check rules.
  • Owner locker insurance in Phase 2 and Quarter-shares fall under home insurance policy.
  • Disclose to insurance rep the nature of the property and who will occupy it.
  • Strata insurance covers the building but not personal contents, improvements, or living expenses after a claim.
  • Owners must carry insurance for deductible assessments as strata bylaws often require coverage for property damage.
  • Preventive measures can help reduce claims and liabilities associated with strata insurance.
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