the rennie review - September 2021

squamish TOWNHOME-AUGUST 2021

SALESTO LISTINGSRATIO 65% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 27% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 26% VS2020

▲ 31% VS2020

▼ 65% VS2020

▼ 48% VS2020

Therewere17townhomelistingsinSquamishinAugust, 35%belowJulyand65%lowerthanAugust2020. Augusttownhomesalesdecreasedby8% month-over-month,to11,andwere48%belowAugust 2020. Thesales-to-listingratiofortownhomesinSquamish,at 65%,reflectedaselers'market. ThetownhomemedianpriceinAugustwas$940,000,a 18%increasefromJulyand31%aboveAugust2020. Theaveragesoldpricewas$897,591,11%abovelast month;theaveragePSFsalepricewas$651,up14%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

11 17

21 48

27% 26% 31% 48% -48% -65%

12 26

14% 11% 18% 40% -8% -35%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$651 $897,591 $940,000 65%

$511 $713,164 $717,500 44%

$573 $808,217 $800,000 46%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● AUG 2020 ● AUG 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

48

33

37

28

28

26

26

25

24

28

27

21

23

23 23

23

15

12

17

17

15

12

1

9

8 8

$940K

$912K

$886K

$885K

$866K

$830K

$800K

$788K

$755K

$718K

$720K

$720K

$698K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

100%

8

4+bdrms

1

78%

6

8

3bdrms

14

4

3

25%

2bdrms

2

2

0

<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+

<2bdrms

S-LRATIO SALES INVENTORY

3 3 100%

9 7 78%

4 1 25%

1 0 n/a

Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 33 ●

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