squamish DETACHED - JULY 2 0 2 4
SALES TO LISTINGS RATIO 10% BUYERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 31% VS 2023
▼ 1.0% VS 2023
▼ 4% VS 2023
▼ 45% VS 2023
There were 105 detached listings in Squamish in July, 6% above June and 31% higher than July 2023. July detached home sales decreased by 42% month-over-month, to 11, and were 45% below July 2023. The sales-to-listing ratio for detached in Squamish, at 10%, reflected a buyers' market.
THIS MONTH No. $1,676,364 $1,570,000 10% 11 105
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE
20 80
-58% -45% 31%
19 99
-45% -42% 6%
The detached median price in July was $1,570,000, a 9% decrease from June and 4% below July 2023.
$1,725,289 $1,725,000 19%
$1,693,300 $1,630,500 25%
The average sold price was $1,676,364, 3% below last month and down 1% to July 2023.
-3% -9%
-1% -4%
▶ RATIO OF MEDIAN PRICES
▶ RECENT TRENDS
● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
104
105
98
94
99
85
94
90
1.73
1.72
80
1.68
1.58
74
1.54
1.53
63
61
60
19
17
16
20
13
8
7
6
6
11
13
10
10
$1.88M
$1.63M $1.57M
$1.63M $1.74M
$1.60M $1.65M $1.73M
$1.55M $1.45M
$1.57M
$1.47M
$1.35M
23-Jul
24-Jun
24-Jul
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY ● S-L RATIO
40
30
20
27%
10
16%
4%
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
S-L RATIO SALES INVENTORY
3 0 n/a
4 0 n/a
15 4 27%
37 6 16%
26 1 4%
12 0 n/a
5 0 n/a
2 0 n/a
1 0 n/a
Copyright © 2024 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of August 6, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 41 ●
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