squamish DETACHED-AUGUST 2021
SALESTO LISTINGSRATIO 35% SELLERS'MARKET
▶ MARKETSUMMARY
AVERAGEPRICE
MEDIANPRICE
TOTALLISTINGS
SALES
▼ 3% VS2020
▲ 15% VS2020
▼ 44% VS2020
▼ 34% VS2020
Therewere54detachedlistingsinSquamishinAugust, 22%belowJulyand44%lowerthanAugust2020. Augustdetachedhomesalesincreasedby36% month-over-month,to19,andwere34%belowAugust 2020. Thesales-to-listingratiofordetachedinSquamish,at 35%,reflectedaselers'market.
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
19 54
29 96
-3% 15% 16% -34% -44%
14 69
-20% -3% 73% 36% -22%
ThedetachedmedianpriceinAugustwas$1,260,000,a 3%decreasefromJulyand15%aboveAugust2020.
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE
$1,133,358 $1,260,000 35%
$1,418,231 $1,300,000 20%
$1,166,341 $1,098,000 30%
Theaveragesoldpricewas$1,133,358,20%belowlast monthanddown3%toAugust2020.
▶ RATIOOFMEDIANPRICES
▶ RECENTTRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTALINVENTORY ● MEDIANPRICE
12
96
1.81
96
71
70
69
69
1.63
66
1.531.58
70
65
54
1.34
38
1.29
50
33
46
40 27
29
31
30
29
27
19
19
19
14
$1.53M
$1.53M
$1.49M
$1.38M
$1.38M
$1.30M
$1.27M
$1.26M
$1.21M
$1.20M
$1.15M
$1.10M
$1.06M
Aug-20
Jul-21
Aug-21
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY ● S-LRATIO
14
100%
100%+
12
10
67%
8
50%
6
29%
4
2
0
<$600K
$600-799K
$800-999K
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M
$2.0M-2.49M
$2.5M-2.99M
$3M+
S-LRATIO SALES INVENTORY
4 4 100%
2 1 50%
2 4 200%
9 6 67%
14 4 29%
8 0 n/a
8 0 n/a
7 0 n/a
Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstate BoardofGreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycanotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.The recipientoftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.
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