Greetings from Whistler and Pemberton,

The heat is intense, and the water sports are calling! Whistler and Pemberton offer numerous amazing lakes and rivers for cooling off. Some of Whistler’s favorites include Lost Lake, Green Lake, Alpha Lake, and Alta Lake, each offering a variety of activities. Green Lake is the only one that allows larger motor boats for wake surfing and water skiing. Pemberton features One Mile Lake, Mosquito Lake, and, with a slightly longer drive, you can reach Lillooet Lake, Gates Lake, Birkenhead, or Anderson Lake. There are so many beautiful places to escape the heat! 😎

In real estate news our Q2 report is in. There are still “a lot of buyers and sellers are in “wait and see” mode, but for those who are motivated, there is opportunity to be had from both perspectives. In Whistler, there were a total of 136* sales in Q2, with approximately half of these sales coming in the month of April. Overall, this is a 16% increase vs Q1, but down 18% from the same period last year. Despite sales volume declining over the course of the quarter, the median sale price increased each month as a result of the product mix sold. There was a listing boom likely due to the capital gains change, with 315 new units coming to market throughout the quarter. Total market inventory currently sits at 346 units, 50% above inventory at this time last year and 23% above the 5-year average. Overall, Q2 market conditions in Whistler were balanced, with a slight lean in favour of buyers.

For Pemberton there were 31* sales in Q2, almost doubling the sales volume from the typically slower first quarter of the year. Inventory increased by almost 40% from April to June and currently sits at 94 units, which is the highest level Pemberton has seen since August 2020.”

Whistler Market
22 New Whistler Listings
10 Sales in Whistler
11 Price Improvements

Pemberton Market
7 New Pemberton Listings
4 Sales in Pemberton
9 Price Improvements

Wishing you all a fabulous week!