Squamish Real Estate: Q2 2026
After outperforming much of the Lower Mainland and B.C. in 2025, the Squamish real estate market has shifted into a more balanced pace through the first half of 2026.
Inventory is Growing
Compared to the first two quarters of 2025, buyers are seeing more choice in both the detached home and townhouse markets.
Detached homes: Listings increased 17%, with inventory rising from 203 to 244 homes.
Townhomes: Inventory also climbed 17%, giving buyers more options than they had a year ago.
Apartments: The only segment to see a decline in inventory, with listings down 6%, from 205 to 194 units.
What Does This Mean for Buyers and Sellers?
The townhouse market has seen increased inventory, but sales have remained resilient—up 1% year over year. Much of this activity was driven by the release of Squamish's newest townhouse development, which has drawn buyers away from the resale market. As a result, resale townhome sellers are facing more competition and are pricing more strategically to attract buyers. For buyers, this means greater selection and increased negotiating power, making it easier to find a home that fits both their lifestyle and budget.
The detached market tells a different story. While inventory increased 17%, sales declined 16% compared to the first half of 2025. This suggests the market may be finding a new balance as buyers remain cautious amid ongoing economic uncertainty and interest rates that continue to influence purchasing decisions.
The apartment market remains the softest segment. Although listings declined by 6%, sales fell by 28% year over year, indicating that reduced inventory alone hasn't been enough to bring more buyers into the market.
June Signalled a Shift
After five months of relatively stable market conditions, June introduced a notable change in momentum. New listings declined significantly from May, with detached home inventory falling 41% and townhouse listings dropping 29%, while apartment inventory remained essentially unchanged, increasing by just 2%.
At the same time, buyer activity strengthened in the detached and townhouse markets. Detached home sales increased 30% month over month, while townhouse sales rose 18%, suggesting that buyers responded positively to the available inventory and well-priced properties. Apartment sales, however, moved in the opposite direction, declining 31%, reinforcing the slower pace that has characterized the condo market throughout much of 2026.
Looking Ahead
As we move into the summer months, market activity traditionally begins to moderate as attention shifts toward holidays and outdoor recreation. The key question will be whether the momentum seen in June carries through the remainder of the season.
Overall, Squamish’s real estate sector is transitioning toward a more balanced market. Buyers have more opportunities and negotiating power than they've had in recent years, while sellers need to be strategic with pricing and presentation to stand out. Well-priced homes continue to sell, but the days of multiple offers on every listing are becoming less common as the market normalizes.