Whistler does have some unique differences that will continue to create upward pressure on pricing. The most unusual is what is known as the bed unit count, or the number of pillows that the resort will allow. At some point during Whistler’s development it was decided that there had to be a cap on the number of people the resort could comfortably handle. This means that once this count is reached, presently 52,500, there can be no new housing created.

In normal market conditions, as a municipality grows rezoning takes place that changes land use from single family to multifamily, such as to apartments or duplexes, increasing the number of properties available. Based on Whistler’s cap this cannot happen. The number of bed units or pillows built is more than 46,000 and the remainder is allocated.

The main village of Whistler is almost built out, as is Village North. The majority of remaining bed units are located at Creekside, Whistler’s original village, and are slated as condominium units. There are also some bed units allocated for single-family lots, the majority south of the main village.

Click Here to View the average property values per year since 1985.