squamish TOWNHOME - JULY 2 0 2 4
SALES TO LISTINGS RATIO 38% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 12% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 3% VS 2023
▲ 5% VS 2023
▲ 74% VS 2023
▲ 64% VS 2023
There were 47 townhome listings in Squamish in July, 21% above June and 74% higher than July 2023. July townhome sales increased by 20% month-over-month, to 18, and were 64% above July 2023. The sales-to-listing ratio for townhomes in Squamish, at 38%, reflected a sellers' market. The townhome median price in July was $1,019,500, a 6% decrease from June and 5% above July 2023. The average sold price was $1,040,023, 1.9% below last month; the average PSF sale price was $682, down 5% to last month.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
18 47
11 27
-12% 3% 5% -6% 64% 74%
15 39
20% 21%
$682 $1,040,023 $1,019,500 38%
$774 $1,007,364 $970,000 41%
$719 $1,060,050 $1,090,000 38%
-5% -1.9% -6% -0.4%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● JUL 2023 ● JUL 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
47
40
37
39
32
34
31 20
30
27
29
28
26
25
18
18
14
13
11
15
11
13
12
11
7
6
$1.09M $1.02M
$1.04M $999K $1.07M
$977K
$970K
$970K $965K $1.04M
$953K
$933K
$905K
SQUAMISH
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
100%
1
4+ bdrms
15
8
15
56%
10
3 bdrms
30
35%
2
5
20%
2 bdrms
9
0
<2 bdrms
<$600K $600K-799K $800K-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M+
S-L RATIO SALES INVENTORY
3 0 n/a
16 9 56%
17 6 35%
10 2 20%
1 1 100%
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. 42 ●
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