The first quarter of 2026 brought a mix of signals across both Whistler and Pemberton. While activity picked up compared to the end of 2025, it didn’t quite reach the levels we saw this time last year. So what’s really happening in the market-and what does it mean if you’re thinking about buying or selling? Let’s take a closer look.
Thinking about Whistler or Pemberton real estate?
We’re always happy to chat and help you make sense of what’s happening-no pressure, just real insight.
Hillary & Erica Lawson
The Whistler Property Sisters
Whistler Real Estate Market: A Shift Toward Balance
In Whistler, the market showed modest improvement compared to Q4 2025, but overall sales activity was down year-over-year. Total transactions reached 115 for the quarter, with most property types seeing a decline in sales volume. Chalets, condos, and shared ownership properties all saw sales drop between 13% and 19% compared to Q1 2025. The one exception? Townhomes, which stood out with a notable 26% increase in sales activity-highlighting continued demand for this segment. Listing inventory told a slightly mixed story. Townhomes and condos saw small increases in available listings, while chalet and shared ownership inventory declined slightly. This kind of uneven supply can make the market feel unpredictable, especially for buyers trying to find the right fit. A key factor at play appears to be broader global uncertainty. Economic and political conditions are likely influencing buyer confidence, leading to more cautious decision-making. That said, Whistler remains a relatively small and unique market, and quarterly shifts don’t always indicate long-term trends.Pemberton Real Estate Market: Early Spring Momentum
Over in Pemberton, the story is a bit different. A milder winter combined with potential changes in travel patterns has led to an earlier-than-usual start to the spring market. Buyers and sellers are already becoming more active, which is something we typically see a bit later in the year. Inventory levels have increased for single-family homes and condos, while townhomes remain extremely limited. Vacant land supply has stayed relatively consistent, and there’s still no significant new construction on the immediate horizon-meaning supply constraints continue, particularly for houses and townhomes. One of the most interesting shifts is in sales activity. Single-family home sales increased by 167% year-over-year-but it’s important to note that this represents a jump from three sales to eight. While still a small sample size, it’s an encouraging sign of renewed confidence. Townhome sales declined, largely due to lack of inventory rather than lack of demand. Condo sales remained steady, and vacant land saw a slight uptick, with five sales over the past six months-suggesting growing interest in future development opportunities.What This Means for Buyers and Sellers
Across both markets, we’re seeing a move toward a more balanced environment. For buyers, there are more opportunities than we saw in early 2025, especially in certain segments like condos. At the same time, desirable properties-particularly townhomes and single-family homes-are still in limited supply and can move quickly. For sellers, pricing and presentation are more important than ever. While demand is still there, buyers are more selective and informed. The properties that stand out are the ones that are positioned well from the start.Market Share & Local Expertise
Agents with Whistler Real Estate Company represented 36% of the market in Whistler and Pemberton in Q1 2026, helping clients achieve strong results across a range of property types. With deep local knowledge and a strong network, having the right team in your corner can make a meaningful difference-whether you’re buying, selling, or simply trying to understand your options.Important Regulatory Updates
Foreign Buyer Rules
One of the most common questions we get is around foreign ownership. The good news: the foreign buyer ban and foreign buyer tax do not apply in Whistler or Pemberton. This continues to make the area an attractive option for international buyers looking for lifestyle and investment opportunities.Residential Tenancy Act Changes
Recent updates to the Residential Tenancy Act (as of July 2024) have introduced important changes, particularly for tenant-occupied properties. These include:- A mandatory web portal for notices to end tenancy
- Longer notice periods
- A requirement for buyers or family members to occupy the property for at least 12 months
Small-Scale Multi-Unit Housing (SSMU)
New provincial legislation is allowing for more flexible zoning in many areas, potentially permitting 3–4 units on properties previously zoned for single-family use (depending on lot size and local bylaws). This could create new opportunities for redevelopment and increased density over time.BC Home Flipping Tax
Introduced in January 2025, this tax applies to properties sold within two years of ownership:- Up to 20% tax if sold within the first year
- Gradually decreasing to 0% after 730 days
Final Thoughts
The first quarter of 2026 reflects a market that is adjusting rather than slowing. While activity isn’t at the same level as last year, both Whistler and Pemberton continue to show resilience, with steady demand and ongoing interest from both local and international buyers.If you’re thinking about making a move-whether buying, selling, or just exploring your options—it’s a great time to have a conversation and understand where you stand in today’s market.Thinking about Whistler or Pemberton real estate?
We’re always happy to chat and help you make sense of what’s happening-no pressure, just real insight.
Hillary & Erica Lawson
The Whistler Property Sisters