squamish
CONDO AUGUST
AVERAGE PRICE
AVERAGE PSF PRICE 9 % UP
BENCHMARK PRICE
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
16 % DOWN
24 % DOWN
240 % UP
SELLER’S 27 %
1.6 % DOWN
Condo listings in Squamish in August, at 64, were 19% below July and 24% lower than in August 2019. Year-over-year condo sales were up 240% in August but 15% lower month-over-month (at 17). Increasing to 27%, the sales-to-listings ratio for condos in Squamish favoured sellers. August’s condo benchmark price of $493,000 was 6% above July but 1.6% lower year-over-year. The average sold price was $475,147 at an average PSF sales price of $570 (up 1.8% and 2%, respective- ly, month-over-month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
64 17
79 20
-19% -15%
84
-24% 240% 346% -1.6% -16%
TOTAL SALES
5
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
27%
25%
5%
6%
$493,000 $467,200 $475,147 $466,733
6% $500,900 1.8% $564,300
$570
$557
2%
$524
9%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$500,900 $511,400 $487,300 $487,500 $495,400 $502,700 $493,000
84
76
69
69
64
48
45
24
17
17
16
12
5
3
SQUAMISH
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET BALANCED BUYER'S MARKET
2
3+ bdrms
7
7
2 bdrms
36
8
<2 bdrms
. . . . 0 0 0 0 QD QD QD QD
21
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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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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