the rennie review - September 2021

squamish CONDO-AUGUST 2021

SALESTO LISTINGSRATIO 58% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 10% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 0.6% VS2020

▲ 14% VS2020

▼ 70% VS2020

▼ 35% VS2020

Therewere19condolistingsinSquamishinAugust,36% aboveJulyand70%lowerthanAugust2020. Augustcondosalesdecreasedby31% month-over-month,to11,andwere35%belowAugust 2020. Thesales-to-listingratioforcondosinSquamish,at58%, reflectedaselers'market. ThecondomedianpriceinAugustwas$519,000,a17% decreasefromJulyand14%aboveAugust2020. Theaveragesoldpricewas$478,455,27%belowlast month;theaveragePSFsalepricewas$625,down9%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

11 19

17 64

10% 0.7% 14% 118% -35% -70%

16 14

-9% -27% -17% -49% -31% 36%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$625 $478,455 $519,000 58%

$570 $475,147 $455,000 27%

$684 $659,094 $622,000 114%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● AUG 2020 ● AUG 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

64

58

63

52

57

42

36

43

42

39 25

35

25 25

25

21

28

27

16

19

17

21

16

16

1

14

$645K

$622K

$599K

$572K

$565K

$525K

$516K

$519K

$499K

$493K

$490K

$474K

$455K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

8

100%+

4+bdrms

88%

6

3bdrms

5

4

6

2

2bdrms

20%

5

0

5

<$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

1 3 300%

8 7 88%

5 1 20%

3 0 n/a

2 0 n/a

9

Copyright©September7,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofSeptember7,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 34 ●

Made with FlippingBook - professional solution for displaying marketing and sales documents online