Whistler Market Report - Q3, 2021

Whistler Market Report - Q3, 2021

We're anxiously awaiting another Whistler ski season, and it looks like la Nina may bless us with an outstanding snow year. Even though we are hopefully coming to the end of the covid crisis, there will still be major challenges for the businesses in Whistler. There are nowhere near enough staff to provide the kind of holiday experience that you expect from a world-class ski resort. So, please remember that everyone is doing the best that they can, and be patient, and kind. We'll all get through this, and regardless of the challenges, Whistler is still a magical place in the winter, so enjoy your stay, and play safe!!

Whistler Market Report - Q3, 2021

Real Estate activity in Whistler during the third quarter of 2021 continues to be a balancing act between a high level of buyer demand, and low availability of properties to buy. Activity is still at historically high levels and remains comparable to what we experienced last quarter, although it is below what we experienced at the start of the year. As a result, unit sales and the total value of these sales have already exceeded what was recorded in 2020. With little change expected in the underlying factors driving the marketplace, we predict that 2021 will end up being one of the busiest years on record for total sales and will establish a new high for total dollar value sold.

We expect the number of listings to remain low and with continued strong interest from buyers, for all types of Whistler real estate, in all value ranges, we will continue to have a market that favors sellers and supports upward pressure on values in all areas. Availability and pricing will continue to be the biggest determinants of market activity for the foreseeable future.

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