I saw a meme recently that for me, described the Whistler real estate market. It said, “…buyers think it’s 2008 and sellers think it’s 2021…” Meaning that in the financial crash of 2008 buyers were instantly expecting big price reductions, and in 2021 the Home Price Index (HPI) for Whistler showed an average increase of 47% during COVID. So, the question is how did buyers react in those markets, and how will they react now?
March 2025:
- sales 32,
- listings 309
- new listings 95.
- sales to active listings ratio was 10%
Overall a buyer’s market, but it’s the detached house segment that’s dragging the townhouse and condo segments down. This is a great time for buyers to negotiate regardless of what the listing price is.
What does this mean for buyers?
In my opinion, this is a great time for buyers to write an offer. However, it is not a great time for buyers to be emotionally attached to a property they don’t yet own. That will get us nowhere. The buyers who pivot from one property to another in order to secure their slice of Whistler are the buyers who will end up paying market value. We are still at the mercy of sellers and listing agents who need to justify their listing price, and the buyer who can walk away will have the power. You can always go back with another offer when the emotions have settled.
If you think I would be a good fit to work with you and your family, and you are not already working with a Whistler realtor, please contact me. My name is Marion Anderson, and I help people buy real estate in Whistler.
Marion
Marion Anderson Personal Real Estate Corporation
Sutton Group-West Coast Realty, Whistler
marion@marionanderson.com (604) 938-3885