Squamish Real Estate Market Update – April 2025

Detached Homes Surge, While Townhome Prices Retreat

April 2025 brought strong momentum to Squamish’s detached market, as sales more than doubled compared to last year and prices climbed significantly. Condos also saw modest improvement, while townhomes remained active in terms of sales—but experienced a notable dip in prices. Across all property types, Squamish remains firmly in seller’s market territory, even as some subtle shifts emerge.

Let’s take a closer look at the latest data.

Key Market Stats for April 2025

Detached Homes

  • Total Active Listings: 83 (-17.8% YoY)
  • Sales: 25 (+108.3% YoY)
  • Days on Market Average: 24 (-52.0% YoY)
  • MLS® HPI Benchmark Price: $1,661,500 (+9.0% YoY)

Condos

  • Total Active Listings: 72 (+44.0% YoY)
  • Sales: 19 (+18.8% YoY)
  • Days on Market Average: 24 (-73.0% YoY)
  • MLS® HPI Benchmark Price: $621,600 (-0.8% YoY)

Townhomes

  • Total Active Listings: 41 (+41.4% YoY)
  • Sales: 20 (no change YoY)
  • Days on Market Average: 31 (+10.7% YoY)
  • MLS® HPI Benchmark Price: $1,040,700 (-3.8% YoY)

Market Trends & Expert Insights

  • Detached Homes: Demand Doubles, Inventory Shrinks
    Detached home sales skyrocketed 108.3% year-over-year, while active listings actually declined nearly 18%. Homes are selling twice as fast (24 days on market, down from 50) and prices rose a healthy 9.0% YoY. This is a clear and confident seller’s market, driven by strong demand and limited supply.
  • Condos: Modest Uptick in Activity, Prices Flat
    Condo inventory rose 44% YoY, but sales also increased (+18.8%), suggesting demand is keeping pace. Properties are moving much faster (24 days vs 89 last year), though the benchmark price dipped slightly (-0.8%), indicating that buyers remain somewhat price-sensitive despite improving activity.
  • Townhomes: Healthy Sales, But Price Correction Begins
    Townhome sales were flat YoY, but listings increased by over 40%. Homes are selling at a steady pace (31 days on average), yet prices dropped 3.8% YoY. This segment may be experiencing early pricing fatigue, even as overall demand remains relatively strong.
  • Sales-to-Active Ratio Snapshot:
    • Detached: 30.1% → Seller’s Market
    • Condos: 26.4% → Seller’s Market
    • Townhomes: 48.8% → Strong Seller’s Market

What This Means for Buyers & Sellers

For Buyers:

  • Detached buyers will need to act decisively in a tight, fast-moving market.
  • Condo buyers may find slightly more flexibility, but demand is climbing.
  • Townhome buyers may encounter slightly better value, as prices adjust despite continued activity.

For Sellers:

  • Detached sellers are in an excellent position—low inventory and rising prices support strong outcomes.
  • Condo sellers must be strategic with pricing, but solid demand bodes well.
  • Townhome sellers should act quickly to take advantage of activity before price softness deepens.

Final Thoughts

Squamish remains one of Greater Vancouver’s most active submarkets, with robust seller-favourable conditions across all property types. Detached homes are surging, condos are gaining traction, and townhomes, while still moving, are showing early signs of price sensitivity. Sellers have the edge—but buyers still have selective opportunities depending on the segment.

Download the Full Market Report

👉 Looking for a deeper dive into your specific Squamish neighborhood or property type? Get in touch for a personalized report.