The Whistler and Pemberton Real Estate markets were a bit of a roller coaster in 2022.

Real estate sales in the first two months of 2022 resembled the fast pace of 2021, but sales slowed significantly throughout the remainder of the year. This came as a function of economic uncertainty, with a poor-performing stock market and rapid interest rate increases, and an overall misalignment of buyer and seller expectations.

Whistler
In Whistler, there were a total of 564* sales in 2022, which is the second lowest annual unit sales volume we have seen in the past 10 years, yet the second highest sales dollar volume with just over $1B in total market sales volume. Despite lower or falling property prices in certain regions of the country, prices in Whistler remained strong.

December 2022 vs. November 2022

Whistler (all property types):
Total Active listings (187) – 11% decrease
Total Sales volume (36) – 13% increase
Average Sale price ($2,161,750) – 26% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings (42) –14% decrease
Total Sales volume (8) – 38% decrease
Average Sale price ($1,865,000) – 46% increase

Whistler Single Family Homes:
Total Active listings (46) – 25% decrease
Total Sales Volume (9) – 29% increase
Average Sale price ($4,891,333) – 40% increase

Pemberton:
Total Active Listings (46) – 13% decrease
Total Sales volume (12) – 1100% increase
Average sale price ($1,269,773) – 75% increase

November 2022 vs. October 2022

Whistler (all property types):
Total Active listings (210) – 7% decrease
Total Sales volume (32) – 18% decrease
Average Sale price ($1,709,394) – 9% decrease

Whistler Nightly Rental Properties (Phase One):
Total Active listings (49) –16% decrease
Total Sales volume (13) – 19% decrease
Average Sale price ($1,275,215) – 41% decrease

Whistler Single Family Homes:
Total Active listings (61) – 6% decrease
Total Sales Volume (7) – 40% increase
Average Sale price ($3,505,143) – 7% decrease

Pemberton:
Total Active Listings (53) – 13% decrease
Total Sales volume (1) – 80% decrease
Average sale price ($725,000) – 39% increase

October 2022 vs. September 2022

Whistler (all property types):
Total Active listings (227) – 1% decrease
Total Sales volume (39) – 26% increase
Average Sale price ($1,866,231) – 15% decrease

Whistler Nightly Rental Properties (Phase One):
Total Active listings (58) –2% decrease
Total Sales volume (16) – 3% increase
Average Sale price ($2,151,625) – 8% decrease

Whistler Single Family Homes:
Total Active listings (65) – 7% increase
Total Sales Volume (5) – 17% decrease
Average Sale price ($3,789,000) – 46% decrease

Pemberton:
Total Active Listings (61) – 3% decrease
Total Sales volume (5) – 17% decrease
Average sale price ($1,194,900) – 74% increase

September 2022 vs. August 2022

Whistler (all property types):
Total Active listings (229) – 0% increase
Total Sales volume (31) – 14% decrease
Average Sale price ($2,218,500) – 49% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings (59) –2% decrease
Total Sales volume (12) – 50% increase
Average Sale price ($2,334,750) – 51% increase

Whistler Single Family Homes:
Total Active listings (61) – 5% decrease
Total Sales Volume (6) – 14% decrease
Average Sale price ($7,073,750) – 74% increase

Pemberton:
Total Active Listings (63) – 11% increase
Total Sales volume (6) – 14% decrease
Average sale price ($686,333) – 50% decrease

August 2022 vs. July 2022

Whistler (all property types):
Total Active listings (229) – 6% decrease
Total Sales volume (36) – 50% increase
Average Sale price ($1,493,417) – 5% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings (60) –3% decrease
Total Sales volume (8) – 33% increase
Average Sale price ($1,543,750) – 41% decrease

Whistler Single Family Homes:
Total Active listings (64) – 4% decrease
Total Sales Volume (7) – 133% increase
Average Sale price ($4,074,286) – 9% increase

Pemberton:
Total Active Listings (57) – 5% decrease
Total Sales volume (7) – 19% increase
Average sale price ($631,500) – 23% decrease

July 2022 vs June 2022

Whistler (all property types):
Total Active listings (243) – 10% increase
Total Sales volume (24) – 20% decrease
Average Sale price ($1,428,875) – 10% decrease

Whistler Nightly Rental Properties (Phase One):
Total Active listings (62) –22% increase
Total Sales volume (6) – 45% decrease
Average Sale price ($2,608,333) – 39% increase

Whistler Single Family Homes:
Total Active listings (67) – 12% increase
Total Sales Volume (3) – 50% increase
Average Sale price ($3,738,333) – 31% decrease

Pemberton:
Total Active Listings (60) – 28% increase
Total Sales volume (6) – 3% increase
Average sale price ($823,667) – 12% decrease

June 2022 vs. May 2022

Whistler (all property types):
Total Active listings (221) – 27% increase
Total Sales volume (30) – 19% decrease
Average Sale price ($1,591,840) – 11% decrease

Whistler Nightly Rental Properties (Phase One):
Total Active listings (51) –31% increase
Total Sales volume (11) – 35% decrease
Average Sale price ($1,877,909) – 8% increase

Whistler Single Family Homes:
Total Active listings (60) – 46% increase
Total Sales Volume (2) – 60% decrease
Average Sale price ($5,427,500) – 24% increase

Pemberton:
Total Active Listings (47) – 38% increase
Total Sales volume (14) – 17% increase
Average sale price ($940,357) – 4% decrease

April 2022 vs. May 2022

Whistler (all property types):
Total Active listings (174) – 20% increase
Total Sales volume (37) – 35% decrease
Average Sale price ($1,798,110) – 9% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings (39) –18% increase
Total Sales volume (17) – 19% decrease
Average Sale price ($1,733,887) – 1% increase

Whistler Single Family Homes:
Total Active listings (41) – 58% increase
Total Sales Volume (5) – 44% decrease
Average Sale price ($4,359,800) – 20% increase

Pemberton:
Total Active Listings (34) – 278% decrease
Total Sales volume (9) – 5% decrease
Average sale price ($981,031) – 24% increase

April 2021 vs. April 2022

Whistler (all property types):
Total Active listings (145) – 22% decrease
Total Sales volume (57) – 19% decrease
Average Sale price ($1,647,750) – 8% increase

Whistler Nightly rental properties (Phase One):
Total Active listings (33) –33% decrease
Total Sales volume (21) – 25% decrease
Average Sale price ($1,719,857) – 22% increase

Whistler Single Family Homes:
Total Active listings (26) – 45% decrease
Total Sales Volume (9) -10% decrease
Average Sale price ($5,484,308) – 18% increase

Pemberton:
Total Active Listings (28) – 24% decrease
Total Sales volume (13) – 68% decrease
Average sale price ($791,346) – 20% decrease

March 2022 vs. March 2021

Whistler (all property types):
Total Active listings (130) – 35% decrease
Total Sales volume (76) – 33% decrease
Average Sale price ($2,029,650) – 20% increase

Whistler Nightly rental properties (Phase One):
Total Active listings (24) –48% decrease
Total Sales volume (25) – no change
Average Sale price ($1,773,740) – 52% increase

Whistler Single Family Homes:
Total Active listings (31) – 35% decrease
Total Sales Volume (13) – 35% decrease
Average Sale price ($5,484,308) – 18% increase

Pemberton:
Total Active Listings (20) – 35% decrease
Total Sales volume (6) – 76% decrease
Average sale price ($1,495,333) – 100% increase

February 2022 vs February 2021

Whistler (all property types):
Total Active listings (120) – 47% decrease
Total Sales volume (75) – 34% decrease
Average Sale price ($1,649,628) – 14% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings (23) –48% decrease
Total Sales volume (23) – 32% decrease
Average Sale price ($1,861,968) – 32% increase

Whistler Single Family Homes:
Total Active listings (30) – 46% decrease
Total Sales Volume (8) – 56% decrease
Average Sale price ($4,663,813) – 45% increase

Pemberton:
Total Active Listings (17) – 48% decrease
Total Sales volume (7) – 62% decrease
Average sale price ($1,169,571) – 59% increase

January 2022 vs. January 2021

Whistler (all property types):
Total Active listings (126) – 46% decrease
Total Sales volume (49) – 47% decrease
Average Sale price ($2,305,980) – 75% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings (17) – 58% decrease
Total Sales volume (14) – 53% decrease
Average Sale price ($1,779,714) – 30% increase

Pemberton:
Total Active Listings (15) – 40% decrease
Total Sales volume (5) – 78% decrease
Average sale price ($613,180) – 24% decrease

December 2021 vs. December 2020

Whistler (all property types):
Total Active listings (108) – 57% decrease
Total Sales volume (40) – 38% decrease
Average Sale price ($1,656,419) – 4% decrease

Whistler Nightly Rental Properties (Phase One):
Total Active listings (7) – 82% decrease
Total Sales volume (9) – 40% decrease
Average Sale price ($1,275,417) – 43% decrease

Pemberton:
Total Active Listings (11) – 74% decrease
Total Sales volume (5) – 58% decrease
Average sale price ($1,069,500) – 35% increase

The Sales to Active Listings Ratio Special
The Sales to Active Listings Ratio is the number of sales divided by the number of listings (in a month).

Sellers’ Market: When the ratio is 20% or higher for a sustained period.
Balanced Market: When the ratio is between 12% – 20% for a sustained period.
Buyers’ Market: When the ratio is below 12% for a sustained period.

October 2020 vs October 2021

Whistler (all property types):
Total Active listings – 54% decrease
Total Sales volume – 56% increase
Average Sale price: $1,388,405 – 15% decrease (majority of sales were under $2M)

Whistler Nightly Rental Properties (Phase One):
Total Active listings – 83% decrease
Total Sales volume – 61% decrease
Average Sale price: $1,231,361 – 11% decrease (all 1- bedroom and 2-bedroom sales)

Pemberton:
Total Active Listings – 56% decrease
Total Sales volume – 48% decrease
Average sale price: $1,047,250 – 91% increase

September 2020 vs. September 2021

Whistler (all property types):
Total Active listings – 63% decrease
Total Sales volume – 8% increase
Average Sale price: $1,947,121 – 12% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings – 87% decrease
Total Sales volume – 34% decrease
Average Sale price: $1,361,891 – 17% decrease 

Pemberton:
Total Active Listings – 56% decrease
Total Sales volume – 69% decrease
Average sale price: $1,379,000 – 106% increase

August 2020 vs August 2021

Whistler (all property types):
Total Active listings – 61% decrease
Total Sales volume – 11% decrease
Average Sale price: $1,582,166 – 11% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings – 78% decrease
Total Sales volume – 20% decrease
Average Sale price: $1,541,075 – 2% decrease 

Pemberton:
Total Active Listings – 60% decrease
Total Sales volume – 56% decrease
Average sale price: $914,625 – 7% decrease

July 2020 vs July 2021

Whistler (all property types):
Total Active listings – 58% decrease
Total Sales volume – 7% increase
Average Sale price: $1,730,929 – 13% increase

Whistler Nightly Rental Properties (Phase One):
Total Active listings – 72% decrease
Total Sales volume – 4% decrease
Average Sale price: $1,489,727 – 4% decrease  

Pemberton:
Total Active Listings – 56% decrease
Total Sales volume – 54% decrease
Average sale price: $977,958 – 72% increase

June 2021 vs May 2021

Whistler (all property types):
Total Active listings – 3% increase
Total Sales volume – 14% decrease
Average Sale price: $1,484,282 – 13% decrease

Whistler Nightly Rental Properties (Phase One):
Total Active listings – 10% increase
Total Sales volume – 29% decrease
Average Sale price: $1,424,057 – % decrease  

Pemberton:
Total Active Listings – 6% decrease
Total Sales volume – 17% decrease
Average sale price: $1,162,333 – 31% increase