Quarter 2 Market Report | Whistler & Pemberton

Let's look at how the Whistler real estate market performed through the first half of 2026 compared with the same period in 2025.

Whistler

While the numbers suggest there has been relatively little overall change year over year, one factor influencing sales activity may be the continued lack of available inventory. Listings have remained relatively stable but on the lower end of historical levels, leaving many buyers waiting for the right property to come to market.

Total listing inventory at the end of the second quarter of 2026 was down 7% from the same time last year, with 265 properties available compared to 284 at the end of June 2025. Although these represent the month-end totals, average monthly inventory has remained relatively consistent at approximately 330 listings.

The largest change was in the chalet segment, where inventory declined 17%, falling from 90 listings in 2025 to 75 this year. Condominium inventory also decreased by 7%, from 104 to 97 listings. Townhome inventory remained virtually unchanged, increasing by just two properties year over year, while shared ownership inventory rose slightly to 21 available properties. Sales activity was similarly steady, with overall transactions down just 7% compared with the first half of 2025. Two market segments experienced modest gains while two saw declines, although none recorded significant shifts.

Townhome sales experienced the largest adjustment, declining by 16 transactions compared to the same period last year. Shared ownership sales also eased, falling from 14 sales in 2025 to nine this year. In contrast, chalet sales increased by one transaction, representing a 6% gain, while condominium sales rose by 13%, with four additional sales compared to last year.

Several factors likely contributed to the mixed results during the second quarter. The end of the ski season traditionally brings a seasonal slowdown, with some properties unavailable for showings due to owner occupancy or rental commitments during the ski season. At the same time, reduced inventory across several market segments has limited options for buyers searching for properties that meet their needs.

Nationally, there have been encouraging signs of strengthening housing activity in several Canadian markets, suggesting that some buyers may no longer be waiting for further price adjustments before making a purchase. While Whistler operates differently from most residential markets, improving consumer confidence across the country often translates into increased interest locally.

Tourism Whistler has reported strong summer occupancy, bringing more visitors to the resort and creating additional exposure for the local real estate market. From our perspective on the ground, inquiries from prospective buyers have increased, and we are seeing more clients touring properties than we did earlier in the year. If this trend continues through the second half of 2026, it could provide positive momentum for the Whistler market heading into the fall.

Pemberton

Pemberton has a unique real estate market, attracting a diverse range of buyers. Some live and work locally, others commute to Whistler while choosing Pemberton for its affordability and lifestyle, and many purchase secondary homes to enjoy everything the Pemberton Valley has to offer while remaining close to Whistler. Despite this broad appeal, Pemberton remains a relatively small market, where even modest changes in activity can have a noticeable impact on year-over-year statistics.

Listing inventory increased during the second quarter of 2026, following the typical spring pattern when properties tend to show at their best. This year was no exception, with inventory rising in most market segments. Chalet and acreage listings increased to 42 properties, up from 34 during the same period in 2025. Townhome inventory rebounded from an unusually low three listings last year to 11 this year. Vacant land also saw a modest increase, with three additional lots available. Condominiums were the exception, with inventory declining from eight listings in 2025 to four this year.

Single-family home sales increased by 167% year-over-year; however, this represents eight sales compared to three during the same period last year. While modest in volume, this is an encouraging signal for the months ahead. Townhome sales declined, largely due to limited inventory, while condo sales remained consistent and vacant land saw one additional sale. Notably, there have been five vacant land sales over the past six months, indicating growing confidence in future development.

*excluding parking stalls

Overall sales activity increased 17% during the first half of the year, although performance varied by property type. Chalet and acreage sales were down by just one transaction compared with the same period last year. Townhome sales remained consistent with 2025 levels but doubled compared with the first quarter of 2026, indicating improving momentum. Condominiums experienced the strongest performance, recording nine sales during the first half of the year, while vacant land sales declined by three transactions compared with 2025.

The summer months in Pemberton traditionally bring a seasonal slowdown as buyers and sellers turn their attention to family, holidays, and enjoying everything the valley has to offer. While activity may ease over the coming months, this can create opportunities for buyers who remain active in the market. For sellers, it may simply mean packing a little extra patience—along with the bathing suit—as they wait for the right buyer to come along.

The WREC Management Team