• Skip to main navigation
  • Skip to content
  • Skip to primary sidebar
  • Skip to footer

Quick Property Search

Trending Squamish Searches

  • Squamish BC Homes for Sale
  • Brackendale BC Homes for Sale
  • Garibaldi Highlands BC Homes for Sale
  • Britannia Beach BC Homes for Sale
  • Valleycliffe BC Homes for Sale

Talk To Scott Now

Have a question? Give me a call at 604-815-1985and I will contact you right away.

Squamish Homes and Condos for SaleSquamish Homes and Condos for Sale

  • SEARCH
    • Advanced Search
    • Set Up Email Alerts
    • Interactive Map Search
    • Listing ID Search
    • Address Search
    • My Account
  • FEATURED
    • Our Featured Properties
    • Today’s Newest Single Family Houses for sale
    • Today’s Newest Condos & Townhouses for sale
    • Today’s Newest Land for sale
  • NEIGHBOURHOODS
    • Britannia Beach
    • Garibaldi Highlands
    • Brackendale
    • Valleycliffe
    • Rural Squamish
    • Northyards
    • Tantalus
    • Garibaldi Estates
    • Brennan Centre
    • Dentville
    • Downtown Squamish
    • Hospital Hill
    • Crumpit Woods & Plateau
    • University Heights
    • Explore More
  • COMPLEXES
  • NEW DEVELOPMENTS
    • Redbridge
    • SEAandSKY at Waterfront Landing
    • Jumar
    • The Plaza at Junction Park
    • Cleveland Gardens
    • Pemberton and 3rd Avenue
    • Britannia Beach
  • BUY
    • Why Buy with Us?
    • Mortgage Calculator
  • SELL
    • Home Valuation
    • Selling 101
    • Marketing Your Home
  • ARTICLES
    • Culture
      • Arts
      • Music
      • Food & Drink
        • Recipes
        • Restaurants
    • Real Estate
    • Profiles
      • Business
      • People
    • At Home
      • Garden
    • Throwback
    • Habitat
    • Field Trips
    • Around the Internet
  • CONTACT
    • About Squamish.com Real Estate Group
    • Client Reviews
    • Contact Us
SearchClose

Squamish Real Estate Market Update May 2019

The Spring season is in full swing and real estate in Squamish is a balanced market overall.

For the last few months, detached homes have been in a mild buyers market, but with the Spring market now in full swing, we have seen an increase in the number of sales which has resulted in a more balanced market.

Townhomes have been a seller’s market since February of this year and have only dipped into a balanced market for the first time statistically last month, however, this is most likely because of a lack of inventory. If there is low inventory it is harder for sales to take place.

The condo segment of the market remains fairly active with well-priced units selling, we now sit between a balanced to buyer’s market. We are seeing an increase in active listings and average days on market for condos. Part of the reason for this is the number of new condos being listed on the market which is often the case when buildings under construction get closer to completion. This level of supply is likely to continue as there are a number of buildings expected to complete within the next 6 to 18 months.

When looking at the real estate market overall so far this year Squamish has been a more active area and outperformed the vast majority of markets in the Lower Mainland. Reduced demand and increased supply remain the trend across the Greater Vancouver housing market, while Squamish is no doubt affected by this the local market continues to remain strong in comparison.

Sales-to-Active Listings Ratio by Market Segment

  • Single Family Homes 18.8%
  • Townhomes 18.4%
  • Condos 13.6%

Generally, analysts say downward pressure on home prices occurs when the ratio dips below 12 per cent for a sustained period, while home prices often experience upward pressure when it surpasses 20 per cent over several months.

Looking forward expect the Squamish market to be quite balanced, and normalized with certain segments of the market showing the occasional spike or drop due to pent up demand or many of the same unit type coming on the market at once.

For a detailed analysis of your property or properties on your radar always feel free to contact me. The market is constantly changing and nothing beats a professional opinion.

Posted in: Real Estate, Real Estate Market Update Tagged: squamish, squamish condos, squamish condos for sale, squamish homes for sale, squamish new development, squamish presales, squamish real estate, squamish real estate market, squamish real estate market update, squamish townhomes, squamish townhomes for sale

Search Smarter!

Did you know the hottest homes for sale in Squamish often sell within days of being listed? Don't miss out! Set up your own custom property alert so you can be notified of the newest homes as they hit the market! Simply click the button below and choose the qualities that you want most in a home and save your search to start getting alerts today!

Set up Property Alerts

As local Squamish Real Estate Agents we also have access to homes before they hit the market and can show you more homes and information that are only accessible in the MLS. If you would like to set up a time to go over your real estate needs, please free to contact us at your convenience. There is no obligation and or pressure... we hope to hear from you!

Post navigation

« Squamish Real Estate Market Update February 2019



Start Your Home Search

Talk To Scott Now

Have a question? Give me a call at 604-815-1985and I will contact you right away.

Quick Search Tools

  • Advanced Search
  • Address Search
  • Home Valuation
  • Interactive Map Search
  • Listing ID #

What is Your Home Worth

Click below to find out what your home is worth, 100% free

Find Out Now!

Contact Us Now

MacDonald Realty - Squamish

Scott McQuade

Personal Real Estate Corporation

Scott’s Phone: 604-815-1985
Scott’s Email: scott@squamish.com
Alex’s Phone: 604-848-4997
Alex’s Email: alex@squamish.com

38090 Cleveland Ave
Squamish, BC V8B0A8

Quick Search Tools

  • Advanced Search
  • Address Search
  • Home Valuation
  • Interactive Map Search
  • Listing ID #

Areas We Cover

Squamish, Brackendale, Garibaldi Highlands, Britannia Beach, Valleycliffe

Connect With Us

Scott McQuade Personal Real Estate Corporation © 2022 · Scott McQuade · 604-815-1985 · Privacy Policy · Sitemap · IDX Sitemap · IDX XML Sitemap · Squamish BC Homes for Sale · Agent Center · Disclaimer - All Rights Reserved by Squamish.com Real Estate Group


 

Log in · Real Estate Websites by YourSiteNeedsMe