Squamish Real Estate Market Update — June 2026

Every month I get my hands on the latest data from the Real Estate Board of Greater Vancouver and this month’s Squamish numbers tell a pretty interesting story. The market is not moving uniformly — detached homes are heating up while condos are cooling down significantly — and if you’re buying or selling right now, understanding which side of that divide you’re on matters a lot.

Here’s the full breakdown for June 2026.

Detached Homes — The Market is Moving Fast

Detached homes are the standout story this month. Sales jumped to 23 in June, up 43.8% compared to June 2025, and homes are selling in an average of just 31 days on market — down a dramatic 50% from the 62-day average this time last year. That’s a market that has genuinely picked up momentum.

The MLS® HPI Benchmark Price for detached homes sits at $1,705,300, up 1.5% year-over-year. That’s a modest gain in dollar terms but it tells a consistent story: detached home values in Squamish have held firm and are ticking upward despite broader market uncertainty.

Looking at the neighbourhood breakdown, the most active areas for detached sales in June were:

  • Garibaldi Highlands — 5 sales, benchmark price $1,865,300 (+1.1% year-over-year)
  • Brackendale — 6 sales, benchmark price $1,383,400 (+1.7% year-over-year)
  • Garibaldi Estates — 4 sales, benchmark price $1,471,200 (+4.1% year-over-year)
  • Valleycliffe — 2 sales, benchmark price $1,375,700 (+0.6% year-over-year)

Garibaldi Estates is quietly one of the stronger performers with a 4.1% year-over-year gain — worth watching if you’re considering that area.

With 105 active detached listings and a sales-to-active ratio of 21.9%, the detached segment sits in balanced-to-seller’s market territory. If you’re a seller with a well-priced detached home, conditions are working in your favour right now.

Condos — A Buyer’s Market is Emerging

The condo picture tells a very different story and buyers should be paying attention.

Only 9 condos sold in June, down 50% from 18 sales in June 2025. Average days on market doubled to 38 days, up from 19 a year ago. And the benchmark price has dropped to $545,200 — down 12% year-over-year.

That’s a meaningful correction. For context, the condo benchmark peaked above $628,000 in mid-2025 and has been sliding steadily since. We’re now sitting roughly $83,000 below that peak.

Downtown Squamish has the most active condo inventory with 35 active listings and a benchmark of $582,600 (down 12.7% year-over-year). Hospital Hill has 19 active listings. With 93 total active condo listings and only 9 sales, the sales-to-active ratio of 9.7% firmly places condos in buyer’s market territory.

What this means practically: if you’ve been priced out of the Squamish condo market over the last few years, this is the most favourable buying window we’ve seen in some time. Sellers need to price competitively and be patient — the days of quick condo sales at peak prices are not the current reality.

Townhomes — Holding Steady with Good Sales Activity

Townhomes are the middle-ground story this month — solid sales activity, slightly softening prices.

16 townhomes sold in June, up 33.3% from 12 sales in June 2025, which is encouraging. However days on market have stretched to 35 days (up from 17 last year) and the benchmark price of $1,005,600 is down 2.7% year-over-year.

The townhome market has essentially hovered around the $1 million mark since early 2026, which suggests prices have found a floor rather than continuing to slide. With a sales-to-active ratio of 25.8%, townhomes sit in balanced market territory — neither strongly favouring buyers nor sellers.

Downtown Squamish is the most active townhome neighbourhood with 5 sales and a benchmark of $1,031,700. Northyards also saw 2 sales with a benchmark of $966,600 — one of the more affordable townhome pockets in the market right now.

The Bigger Picture — 20 Years of Squamish Real Estate

One thing I always find useful is zooming out. The long-term HPI chart tells the full Squamish story:

  • Detached homes have gone from $438,700 in 2006 to $1,705,300 today — nearly a 4x increase over 20 years
  • Condos have gone from $216,000 in 2006 to $545,200 today
  • Townhomes have gone from $330,100 in 2006 to $1,005,600 today

Even accounting for the current condo correction, the long-term trajectory of Squamish real estate is unmistakably upward. The Sea to Sky Corridor continues to attract buyers from Vancouver and beyond, infrastructure keeps improving, and the lifestyle offering here is genuinely hard to match anywhere else in BC at this price point.

What This Means For You

If you’re a buyer:

  • Condos represent the clearest opportunity right now — prices are down significantly and inventory is high. It’s a rare window.
  • Townhomes offer good value near the $1M mark with reasonable selection.
  • Detached homes are moving faster — if you find the right one, don’t expect it to wait around.

If you’re a seller:

  • Detached home sellers are in a good position — strong sales activity and improving prices.
  • Condo sellers need realistic pricing. The market will tell you quickly if you’re out of step.
  • Townhome sellers should price carefully and present well — buyers have options but good product still moves.

Every property and every situation is different. If you want to talk through what the current market means specifically for your home or your search, I’m always happy to chat.

📞 604-916-6001
✉️ art@artpowerrealty.com
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Data sourced from the Real Estate Board of Greater Vancouver REALTOR® Report, current as of July 2, 2026. Art Power is a Realtor® with Stilhavn Real Estate Services, based in Squamish, BC.