Real Estate for Sale in Squamish

Situated in British Columbia, the city of Squamish has a population of 17,158. The 14.8% population growth rate for the city is average when compared to other Canadian cities.

There are 16.69% of immigrants in Squamish, 3.67% of which are recent arrivals to Canada. Beyond English, the most common language spoken is Panjabi (Punjabi), with 6% of residents reporting it as their mother tongue. The largest cultural community within Squamish is English at 39%, trailed by Scottish at 29% and Canadian at 27%.

Squamish delivers solid employment prospects with an unemployment rate near 8%, which is average when compared to other cities. Roughly 55% of residents hold a university degree. Residents can anticipate a strong quality of life in Squamish owing to an average median family income of $72,751.

According to Statistics Canada, 87% of Squamish residents drive. Approximately 17% of residents who are already established within the city will move within a year, while 51% will move within five years.

Squamish’s population sits at average regarding homeownership, with 73% owning a property and 27% renting. The median monthly mortgage cost is estimated at roughly $1,584, which is average when set against renters in other Canadian cities.

In the Canadian real estate context, Squamish is a rewarding place to establish a foothold in the real estate market.

A swift review of MLS® listings reveals plenty of homes for sale in Squamish. That doesn’t mean navigating this market is straightforward. In Canada’s real estate landscape there are heated pockets of activity—zones where bidding wars and sold-over-asking are the norm. To be successful in your property search, talk to a local Realtor®. As a specialist, a local Squamish real estate agent can steer you to neighbourhoods matching your requirements and housing aligned with your budget.

Squamish properties stay on the market for 9 days, on average and sell for 100% of the median list price. Detached houses for sale in Squamish comprise 34% of listings and sell for a median price of $1,898,000. Squamish condos represent 37% of the real estate currently for sale and sell for a median price of $699,900. The remaining 29% are townhouses, which sell for a median price of $1,224,900.

To be competitive in Squamish’s real estate landscape you should come prepared. Talk to a realtor or mortgage advisor to establish what you can realistically afford.

As of the latest reporting period, Squamish’s median sale price sits at $1,088,000. This figure is calculated by identifying the mid-point price of all properties sold within a specified period of time. If, for instance, 30 condos changed hands last month and only 11 detached homes sold in the same time frame, then the median price would skew downward to capture the larger volume of lower-priced condos. At present, Squamish has 68 houses for sale, 58 townhomes for sale and 75 condos for sale.

Squamish is recognized as a municipality of outstanding localities. To assist your search for the ideal community, explore each of Squamish’s 14 distinct neighbourhoods. Better still, dedicate a weekend to visiting open houses in Squamish. Engage the agent on duty regarding the community. Their local expertise will aid in pinpointing the best location to establish roots in the Canadian real estate market.

Purchasing a home means securing a stake in a neighbourhood, so gaining familiarity with your prospective community is worthwhile. Here’s a snapshot of Squamish’s demographics, encompassing median age, schools and income, derived from census information provided by Statistics Canada.

For those weighing a Canadian real estate purchase to raise a family, take heart: Squamish is home to top-rated elementary and secondary schools. To assist with your Squamish housing market search, below are the leading five institutions in each category. (Explore further in our school guide.)

According to Statistics Canada, residents in Squamish rely on a variety of methods to navigate the area.

According to current Squamish MLS© statistics, the average home listing price in Squamish, BC is $1,475,000. Based on Squamish housing inventory, the typical home is listed on the market for 22 days and achieves a 99.2% selling to listing price ratio.

Based on current Squamish MLS© data, the average detached house in Squamish, BC has a listing price of $2,080,000. In Squamish, detached houses remain on the market for 4 days on average.

According to current Squamish MLS© data, the average condo in Squamish, BC has a listing price of $727,000. In Squamish, the average price for a 2-bedroom condo is $768,000 and the average price for a 1-bedroom condo is $585,000.

In Squamish, BC, the most expensive neighbourhoods to buy a home encompass Plateau, University Highlands, Garibaldi Highlands and Britannia Beach. Plateau is the most expensive neighbourhood in Squamish with an average home price of $3,635,000.

The most affordable neighbourhoods to buy a home in Squamish include Paradise Valley, Garibaldi Estates, Dentville and Hospital Hill. Paradise Valley is the most affordable neighbourhood in Squamish with an average home price of $0.

The nearest cities to Squamish, BC include Lions Bay, Gambier Island, West Vancouver and North Vancouver. Among the surrounding Squamish cities, West Vancouver has the highest average home price of $4,717,000 and Gambier Island has the most affordable average home price of $740,000.

The average townhouse in Squamish carries an average listing price of $1,244,000, representing a -7% shift in price from the prior year. There are presently 56 townhouses for sale in Squamish, BC.

According to Statistics Canada Census data, the median total household income in Squamish is $72,751 per year, exceeding the national median income of $67,000 annually.

In Squamish, BC, fewer residents rent than own at 27.3% renting versus 72.7% owning. The median monthly rent price comes to $15,200 per month contrasted with the median monthly mortgage of $6,200 per month.