the rennie review - January 2021

squamish

CONDO - DECEMBER 2020

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

23 % UP

17 % DOWN

SELLER’S 63 %

1.4 % UP

1.5 % DOWN

108 % UP

Condo listings in Squamish in December, at 40, were 29% below November and 17% lower than in December 2019. Year-over-year condo sales were up 108% in December and unchanged month-over-month (at 25). Increasing to 63%, the sales-to-listings ratio for condos in Squamish favoured sellers. December’s condo benchmark price of $479,800 was 3% below November and 1.5% lower year-over-year. The average sold price was $531,448 at an average PSF sales price of $571 (down 5% but up 3%, respec- tively, month-over-month).

VS 2019

VS 2019

VS 2019

VS 2019

VS 2019

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

40 25

56 25

-29% 0.0% 40%

48 12

-17% 108% 150% -1.5% 23% 1.4%

TOTAL SALES

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

63%

45%

25%

$479,800 $494,200 $531,448 $558,148

-3% $487,300 -5% $430,458

$571

$557

3%

$563

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$487,300 $487,500 $495,400 $502,700 $493,000 $507,200 $479,800

74

69

69

58

48

45

40

21

17

17

16

12

25

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





5

3+ bdrms

4



11

    

2 bdrms

21

9

<2 bdrms

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

15

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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