2026 Early Season Real Estate Report
What happened in 2025?
Nationally, real estate had a slow year. Squamish, however, did not. In fact, it experienced a very busy year and was one of the most active real estate markets in Canada. We saw strong upward pressure on entry-level detached homes, as well as homes with suites or suite potential. The townhome segment was healthy, with stable prices, while the condo market—like much of Canada—was slower. That said, unique and sharply priced condos were still selling. Many buyers came from the local market, either moving up or downsizing. We also saw migration from Whistler to Squamish, along with buyers relocating from across Canada and around the world to base themselves in this mountain playground.
The Market Now
I am seeing interest from buyers right now. Last year, I felt there were a lot of listings, and this year I feel like I am seeing buyers return. Buyers, however, are well educated and are either looking for unique, unicorn-style properties or sharp pricing. Squamish remains a place that people want to call home, no matter what the greater market is doing.
What are my predictions for 2026?
I believe that 2026 will be a year much like 2025—the Squamish market will remain active and busy. Sellers who are testing the market with pricing will likely not be successful unless the market experiences a rally due to unforeseen external factors.
Sellers who price their property in line with market norms and carefully prepare their homes to stand out will undoubtedly have success.
For buyers, there will continue to be many options. We will see opportunities and deals in the condo market, so buyers should be prepared to act when these arise. I expect that the townhome market will remain balanced.
Detached homes under $2M will likely continue as a hot segment, especially for beautifully presented homes that are priced correctly. I expect we will continue to see multiple-offer situations in this segment, meaning buyers will need to be organized.
In the over $2M segment, I expect the market to remain balanced. I was involved in almost 10% of all sales in this segment in 2025 (based on MLS data and known off market sales). In every case, these homes were beautiful and represented strong value compared to other segments in Squamish. This segment presents many opportunities right now.
A Thank You...
Thank you to everyone who put their trust in me in 2025. We navigated a unique market, and all of you experienced great success with your purchases and sales—and we had fun along the way.
Final Thoughts
As always, if you have any questions about the market, reach out. It is an interesting time—the world and the market are very dynamic right now. I’m always happy to share insights and to hear your thoughts.
Thank you again to those of you who have recently referred me to your friends and family. It is very much appreciated, and I truly enjoy the opportunity to work with people that I have a connection to. I take these referrals seriously. Please think of me if you know anyone who will be active in the market this year.
Wishing you the best in 2026.
Mike
For those wanting to take a deeper dive into the stats I have prepared some links for you below:
BC Real Estate Statistics
Sea to Sky Real Estate Statistics
Squamish Real Estate Statistics
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