Squamish Real Estate Market Report
Executive Summary
The Squamish, British Columbia real estate market is currently classified as a buyer's market. The median asking price is $1.1M, down 18.9% over the past 30 days.
There are currently 327 active listings, representing 7.6 months of inventory. 103 properties have sold in the past 90 days at a median sold price of $1.1M. Inventory has increased 5350.0% compared to last month.
Currently, listings spend an average of 6 days on market and the average price per square foot is $865.
Detached properties make up the largest share of the Squamish market at 31% of active listings with an average price of $2.0M. Condo listings follow at 38% (avg $781K).
Sales Activity & Absorption
Volume
Market Signals
43 properties sold in the past 30 days, 321 new listings appeared in the past month, 78 sellers reduced their asking price.
Market Balance
Months of Inventory
With 7.6 months of inventory, buyers have more options and negotiating leverage. Sellers should price competitively and be prepared for longer marketing times.
Neighborhoods
| Area | Listings | Avg Price |
|---|---|---|
| Redbridge | 10 | $863K |
| Garibaldi Highlands | 10 | $1.9M |
| Legacy Ridge Residences | 6 | $1.6M |
| Terrain At Garibaldi Springs | 5 | $1.4M |
| Skyridge | 5 | $1.5M |
| University Heights | 5 | $2.1M |
| Seaandsky | 5 | $1.0M |
| The Galleries | 5 | $677K |
| Thunderbird Creek | 5 | $2.4M |
| Highline At Garibaldi Springs | 5 | $1.5M |
Interest Rates & Affordability
Current Rates
Lower rates increase purchasing power. The Bank of Canada sets the policy rate which influences prime rates across lenders.
Estimated Monthly Payment
This is an estimate only. Actual rates and payments will vary based on your credit profile, lender, and mortgage terms.
Market Outlook
This is currently a buyer's market with more negotiating power for purchasers. The Squamish market currently has 327 active listings with a median price of $1.1M and 7.6 months of inventory.
- High inventory (7.6 months) favors buyers
- Prices declining (-18.9% in 30 days)
- High price reduction rate (24% of listings)
- High sell-through rate (100%)
- Fast-moving market (6 avg days on market)
- Average price per square foot is $865
- Sold properties averaged -34 days on market
Data sourced from CREA DDF® active and sold listings. Metrics computed from listing data updated daily. Prepared by Dan Braun with AI assistance, reviewed by our team.
Market data is calculated from active and recently sold MLS® listings as of May 2026. Past performance does not guarantee future results. Consult a real estate professional for specific advice.
Data provided by CREA DDF. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA). Information deemed reliable but not guaranteed.