After a busy October with an above-average surge in new listings, the Squamish market slowed back to normal in November.
📉 Inventory Took a Big Dip
Across all housing types, available listings dropped noticeably:
- 🏠 Single-family homes: down 60%
- 🏢 Apartments: down 39%
- 🏘️ Townhomes: down 32%
Year-over-year, total inventory is also slightly lower.
🔄 Sales Softened—but the Big Picture is Still Strong
November sales cooled:
- 🏠 Single-family: -23%
- 🏘️ Townhomes: -4%
- 🏢 Apartments: steady at 11 sales for both October & November
But the year-over-year numbers tell a different story:
- 🏠 Single-family: +10%
- 🏘️ Townhomes: +8%
- 🏢 Apartments: +18%
Buyer interest is still strong, just waiting on the right homes to hit the market. Well-priced listings are still seeing multiple offers shortly after going live.
🎄 Heading Into December
As expected, December brings the usual seasonal slowdown:
- fewer new listings
- buyers shifting into holiday mode
- quieter sales activity expected until the New Year
