the rennie review - July 2022

squamish DETACHED -JUNE 202

SALES TO LISTINGSRATIO 16% BALANCEDMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 15% VS 2021

▼ -1.1% VS 2021

▲ 55% VS 2021

▼ 5% VS 2021

Therewere110 detachedlistingsin Squam ish in June, 24% aboveM ayand 55% higherthan June2021.

Junedetached hom esalesdecreased by 5% m onth-over-m onth,to18,and were5% below June2021.

THISMONTH No. $1,708,444 $1,507,500 16% 18 110

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

Thesales-to-listing ratio fordetached in Squam ish,at 16% ,reflected abalanced m arket.

TOTALLISTINGS TOTALSALES

19 71

15% -1.1% -39% -5% 55%

19 89

14% 0.8% -23% -5% 24%

Thedetachedm edian pricein Junewas$1,507,500,a 0.8% increasefrom M ayand 1.1% below June2021.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$1,493,163 $1,495,000 21%

$1,488,316 $1,525,000 27%

Theaveragesold pricewas$1,708,444,14% abovelast m onth and up 15% toJune2021.

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

10

89

1.76

69

1.59

71

1.52

1.51

1.46

55

68

1.45

51

44

54

47 24

28

41

27

24

34

19

19

18

23

20

20

20

19

14

13

$1.68M $1.77M

$1.54M $1.53M $1.63M $1.53M $1.63M

$1.53M

$1.50M $1.51M

$1.30M $1.26M $1.35M

Jun-21

May-22

Jun-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

35

100%

30

25

20

15

33%

10

26%

25%

17%

12%

5

8%

7%

0

<$600K

$600-799K

$800-999K

$1.0M -1.24M $1.25M -1.49M $1.5M -1.99M

$2.0M -2.49M

$2.5M -2.99M

$3M+

S-L RATIO SALES INVENTORY

4 1 25%

1 1 100%

3 1 33%

23 6 26%

34 4 12%

18 3 17%

12 1 8%

15 1 7%

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