the rennie review - January 2021

squamish

DETACHED - DECEMBER 2020

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

23 % UP

-

7 % UP

46 % DOWN

SELLER’S 74 %

115 % UP

The 38 detached listings in Squamish in December were down 49% compared to November and 46% below December 2019. December’s detached sales (at 28) decreased by 3% month-over-month but rose 115% year-over-year. The sales-to-listings ratio in December increased to 74%, as Squamish’s detached segment remained in seller’s market territory. At $1.02M, the benchmark price for detached homes was 3% below November but 7% higher vs December 2019. The average sold price of $1.30M was 0.7% below November but 23% higher vs December 2019.

VS 2019

VS 2019

VS 2019

VS 2019

VS 2019

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

38 28

74 29

-49% -3% 88%

70 13

-46% 115% 297%

TOTAL SALES

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

74%

39%

19%

$1,020,400 $1,048,500 $1,306,238 $1,315,110

-3% $954,400 -0.7% $1,059,802

7%

23%

-

-

-

-

-

RATIO OF BENCHMARK PRICES ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$1,016,600 $1,020,400

$954,400 $975,200 $964,200 $977,100 $988,900

1.64

1.57

1.47

1.35

1.33

112

1.29

104

103

90

86

70

38

38

29

17

15

13

10

28

Dec-19

Nov-20

Dec-20

TOTAL LISTINGS & SALES BY PRICE RANGE ›

SALES

TOTAL INVENTORY

S-L RATIO

  

   

SELLER'S MARKET





BALANCED



BUYER'S MARKET



    





. . . 0 0 0 0 0 QD       QD                

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 January 6, 2021. 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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