the rennie review - May 2023

squamish TOWNHOME-APRIL 2023

SALES TO LISTINGSRATIO 41% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 12% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 8% VS 2022

▲ 13% VS 2022

▲ 4% VS 2022

▼ 20% VS 2022

Therewere29 townhom elistingsin Squam ish in April, 12% aboveM arch and 4% higherthan April2022. Apriltownhom esalesdecreased by29% m onth-over-m onth,to12,and were20% below April 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 41% ,reflected aselers'm arket. Thetownhom em edian pricein Aprilwas$1,078,000,a 14% increasefrom M arch and 13% aboveApril2022. Theaveragesold pricewas$1,067,917,14% abovelast m onth;theaveragePSF salepricewas$637,down 5% to lastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

12 29

15 28

-12% 8% 13% -23% -20% 4%

17 26

-5% 14% 14% -37% -29% 12%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$637 $1,067,917 $1,078,000 41%

$727 $988,567 $950,000 54%

$671 $937,461 $945,000 65%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● APR 202 ● APR 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

42

44

39

38

39

35

29

24

28

26 17

25

21

15

18

15

15

12

8

5

4

7

7

6

6

5

$1.08M

$994K

$950K $985K $998K

$945K

$914K $898K $888K

$885K

$870K

$826K $870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

12

2

100%+

4+ bdrms

6

10

8

9

3 bdrms

21

6

4

1

25%

2 bdrms

2

11%

2

0

<2 bdrms

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

S-L RATIO SALES INVENTORY

1 0 n/a

12 3 25%

7 8 114%

9 1 11%

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