Squamish
Squamish is a town located in the north of Vancouver in British Columbia, Canada. It is present in the northern tip of island-dotted Howe Sound, surrounded by many beautiful mountains such as stawamus chief & a huge granite monolith. This city is called the ” Outdoor Recreation Capital of Canada” & for good reason. This area is popular for mountain hiking & biking.
Crime rates in Squamish are very low so if you are planning to settle in Squamish you need not to worry you are safe here. Another amazing thing about Squamish is their affordable houses. The renting price here varies. You can count on spending approximately $2000 per month in Squamish for a decent one bedroom apartment in Squamish.
Housing Affordability in Squamish
Singles & young couples will very soon have better access to affordable houses in downtown Squamish. This is because many houses are under construction on the center point. It is a new mixed building that will provide thirty two affordable apartments to their residents. This building will also provide many rented apartments. In addition to these affordable rents & houses from twenty six onsite bicycle stalls & public library, nearby park, medical services & retail stores in the vicinity. All these facilities will make living in the city more comfortable and of course affordable.
Here you can find some examples of affordable houses which are currently available for sale in Squamish. A two bedroom and one bathroom apartment are available for sale at 10009 Paradise Valley Rd Squamish, British Columbia. This house costs only $659,000. Another house is available for sale at an even low rate. This is a one bedroom & one bathroom apartment available for sale at 38362 Buckley Ave#152, Squamish, British Columbia. There are a lot of other houses which are available for sale at even lower price.
Real Estate Market Outlook of 2023
Current real estate Squamish statistics indicate that the average housing price in Squamish is $ 945,300. In the last 28 days the city has 74 new active listings for sale. It requires a 17 days median on the real estate market to sell a house. The average sold price of Squamish is $945K. The real estate market outlook of 2023 can easily be predicted by comparing the real estate prices of different construction styles in Squamish now and 3-6 months ago. The most demanding construction styles are detached houses, townhouses & single family houses.
The detached houses had an average price of $1.8M almost three months ago but this year this price has decreased to $1.4 M. Similarly, townhouses were available at the average price of 1.1 M three months ago but now this price is now $1.0M. At last, there are condominiums. The average housing price of condominiums was $831K six months ago. This price is now $662K. These are the most affordable houses in Squamish. From these prices we can easily state the real estate market outlook of 2023. There will not be much increase in the real estate prices & you can still buy affordable houses in the city.
