the rennie review - January 2021

squamish

TOWNHOME - DECEMBER 2020

AVERAGE PRICE

AVERAGE PSF PRICE 5 % UP

BENCHMARK PRICE 10 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO SELLER’S 213 %

MARKET SUMMARY ›

5 % UP

62 % DOWN

89 % UP

At 8, the number of townhome listings in Squamish was 56% lower month-over-month and 62% lower year-over-year. Townhome sales, at 17, were down 35% month- over-month but 89% higher year-over-year. The sales-to-listings ratio increased to 213% in December as Squamish’s townhome market remained in seller’s market territory. The benchmark price in December was $788,300, 1.7% above last month and 10% higher than last year. The average sold price was $767,122, while the average PSF sales price was $543 (up 6% and 8%, respectively, from last month).

VS 2019

VS 2019

VS 2019

VS 2019

VS 2019

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

8

18 26

-56% -35% 47%

21

-62% 89% 396%

TOTAL SALES

17

9

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

213%

144%

43%

$788,300 $775,500 $767,122 $725,373

1.7% $718,600 6% $727,300

10%

5% 5%

$543

$505

8%

$515

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$758,500 $788,300

$718,600 $715,900 $685,800 $681,500 $717,100

50

45

39

34

27

21

21

17

16

28

14

9

6

8

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





4

4+ bdrms





10

3 bdrms



7





3



<3 bdrms

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

1

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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