Mother Nature has not given up on winter, bringing 71 CM of snow in the last week – just in time for the World Ski and Snowboard Festival.  This annual event is North America’s largest festival of snow sports, music, arts and mountain culture.

And returning this week after a 3 year hiatus is the Whistler Cup, back for its 30th  edition.  Whistler Cup has grown to become the largest and most important ski race in North America, and internationally, for athletes aged 11 to 16 years, with hundreds of young athletes from 25 countries participating.

WHISTLER MARKET REPORT Q1 2023                

After a slow start to the year, with only 20 sales in January, activity picked up with 44 sales in February and 49 sales in March, bringing a total of 113 sales for Q1.  Still a big decrease from the same time last year, but this is more of a normal market with subject free, multiple offers now a thing of 2022 past . 

Q1 Sales 2023

As usual, Phase 1 properties led the way with 42 sales in Q1.  There were 5 vacant land sales, representing the now “Sold Out” Alta Place development comprised of only 5 estate lots on Alta Lake Rd.  Lots range in size from 1.6 – 1.9 acres which allows a build of 5000 sq ft plus an auxiliary dwelling.  

With Bank of Canada holding interest rates, and increased market activity, we hope to see the return to a more balanced market moving forward.

_{Disclosure: Data from the Whistler Listing System (WLS) is believed reliable but should not be relied upon without verification. While the Information is considered to be true and correct at the date of publication, changes in circumstances after the time of publication may impact on the accuracy of the Information. The Information may change without notice and Engel & Volkers Whistler is not in any way liable for the accuracy of any information printed and stored or in any way interpreted or relied upon by a user. The WLS and Engel & Volkers Whistler assume no responsibility for its accuracy.}