2021 Fall Market Continues to Favour the Seller

As another winter season approaches the laws of supply and demand continue to rule the Whistler Real Estate Market. The demand for recreational and full-time residences is outstripping supply and creating persistent upward pressure on prices.

Our inventory levels are at all time lows, and with so few sellers willing to part with their Whistler properties, it’s getting harder and harder every day to find suitable properties for those looking to enter the market.

For sellers looking to exit the Whistler Market the timing couldn’t be much better.

I can say without a doubt that in my 27 years of working as a realtor in Whistler, there has never been a stronger seller’s market than what we are experiencing right now.  Of course, not all sellers are looking to exit the market. Some are looking to upsize, downsize or diversify and they are often facing the same challenges as buyers entering the market – albeit with a few more dollars in their jeans!

So, what will the 2021/2022 winter season bring us? Will interest rates remain low? Will the return of international visitors create even more upward pressure on property prices? How will we fare with Covid this coming season? There’s an online petition started by a long time Whistler resident pushing for Vail Corp and the BC Provincial Health Authority to mandate Vaccine Passports for all skiers and snowboarders who wish to ride gondolas this winter https://www.change.org/p/vail-resorts-whistler-blackcomb-put-public-safety-first-require-a-vaccine-certificate-to-ski-and-ride. What are your thoughts on our prospects for a full ski/snowboard season this time around?

I’m always happy to chat if you have questions about Selling, Buying, Or anything else Whistler related for that matter.

My winter tires are on, so let it snow!