Squamish Real Estate Market Update – June 2025

Detached Market Slows While Condos Surge

Squamish saw mixed results this June, with detached home sales dipping, but condos showing a strong year-over-year rebound. Townhomes remained steady with slight decreases in activity. Overall, the market remains in balanced conditions, leaning toward sellers in select segments.

Key Market Stats for June 2025

Detached Homes

  • Total Active Listings: 104 (-6.3% YoY)
  • Sales: 16 (-27.3% YoY)
  • Days on Market Average: 62 (+93.8% YoY)
  • MLS® HPI Benchmark Price: $1,674,400 (+8.2% YoY)

Condos

  • Total Active Listings: 80 (+27.0% YoY)
  • Sales: 18 (+50.0% YoY)
  • Days on Market Average: 19 (-40.6% YoY)
  • MLS® HPI Benchmark Price: $619,800 (+3.7% YoY)

Townhomes

  • Total Active Listings: 46 (+24.3% YoY)
  • Sales: 12 (-20.0% YoY)
  • Days on Market Average: 17 (-34.6% YoY)
  • MLS® HPI Benchmark Price: $1,053,400 (-1.5% YoY)

Market Trends & Expert Insights

  • Detached Homes: Cooling Activity Despite Higher Prices
    Sales fell 27.3% YoY, and properties are taking nearly twice as long to sell. However, prices climbed 8.2%, showing continued demand for premium homes.
  • Condos: Strong Demand and Faster Sales
    Sales surged 50% YoY, with listings up 27% and time on market dropping significantly. Condos remain the most competitive segment this month.
  • Townhomes: Inventory Growth and Longer Balance
    Inventory grew 24.3%, sales softened slightly, and prices eased 1.5%, keeping the segment balanced but less heated than condos.
  • Sales-to-Active Ratio Snapshot:
    • Townhomes: 26.1% → Seller’s Market
    • Condos: 22.5% → Seller’s Market
    • Detached: 15.4% → Balanced Market

What This Means for Buyers & Sellers

For Buyers:

  • Detached market offers more room for negotiation, with extended days on market.
  • Condos remain competitive; act quickly on well-priced units.

For Sellers:

  • Detached sellers should price strategically due to slower absorption.
  • Condo sellers can leverage high demand and shorter listing times for favorable terms.

Final Thoughts

Squamish’s June market shows divergent trends across property types. Condos are leading in momentum, while detached homes face a slower pace despite price gains. Townhomes hold steady but favor sellers slightly. Expect balanced-to-leaning-seller conditions into summer, especially in the condo segment.

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