the rennie review - September 2020

squamish

TOWNHOME  AUGUST 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 1.6 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

7 % UP

14 % UP

SELLER’S 45 %

2 % UP

91 % UP

At 47, the number of townhome listings in Squamish were 2% below July but 2% above August 2019. Townhome sales, at 21, were up 5% month-over- month and 91% higher year-over-year. The sales-to-listings ratio increased to 45% in August as Squamish’s townhome market remained in seller’s market territory. The benchmark price in August was $713,164, 1.8% below last month but 7% higher than last year. The average sold price was $713,164, while the average PSF sales price was $519 (down 1.8% and up 5%, respectively, from last month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

47 21

48 20

-2%

46 11

2%

TOTAL SALES

5% 7%

91% 87% 1.6%

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

45%

42%

24%

$717,100 $682,400 $713,164 $726,575

5% $705,900 -1.8% $668,745

7%

$519

$492

5%

$457

14%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$717,100

$705,900 $705,900 $718,600 $715,900 $685,800 $681,500

47

46

45

39

38

27

21

21

16

15

14

11

9

6

SQUAMISH

REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



  

SELLER'S MARKET BALANCED BUYER'S MARKET





4+ bdrms



1



15





3 bdrms

37







6



<3 bdrms

. . . . 0 0 0 0 QD    QD QD QD QD                

9

S-L RATIO SALES INVENTORY

Copyright © 2020 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 September 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & 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.

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