the rennie review - June 2022

squamish CONDO -MAY 202

SALES TO LISTINGSRATIO 42% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 37% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 29% VS 2021

▲ 18% VS 2021

▼ 14% VS 2021

▼ 54% VS 2021

Therewere31 condolistingsin Squam ish in M ay,19% aboveApriland 14% lowerthan M ay2021.

M aycondosalesincreased by44% m onth-over-m onth,to 13,and were54% below M ay2021.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

Thesales-to-listing ratio forcondosin Squam ish,at42%, reflected aselers'm arket.

TOTALLISTINGS TOTALSALES

13 31

28 36

37% 29% 18% -46% -54% -14%

$882 $654,889 $634,000 35% 9 26

-2% 4% 6% 21% 44% 19%

Thecondom edian pricein M aywas$674,000,a6% increasefrom Apriland 18% aboveM ay2021. Theaveragesold pricewas$683,954,4% abovelast m onth;theaveragePSF salepricewas$865,down 2.0% tolastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$865 $683,954 $674,000 42%

$631 $530,989 $572,450 78%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAY 2021 ● MAY 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

36

31

30

28

26

26

25

25

23

20

19

18

22

21

16

15

19

17

17

13

14

14

1

9

9

7

$860K

$835K

$812K

$726K $760K

$650K

$638K

$634K $674K

$572K $599K $622K

$519K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

12

4+ bdrms

10

83%

8

1

3 bdrms

2

6

4

7

22%

2 bdrms

20%

15

2

0

5

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

<2 bdrms

S-L RATIO SALES INVENTORY

4 0 n/a

9 2 22%

12 10 83%

5 1 20%

1 0 n/a

14

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