the rennie review - July 2022

squamish CONDO -JUNE 202

SALES TO LISTINGSRATIO 26% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 18% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 12% VS 2021

▲ 5% VS 2021

▲ 52% VS 2021

▼ 52% VS 2021

Therewere38 condolistingsin Squam ish in June,27% aboveM ayand 52% higherthan June2021.

Junecondo salesdecreased by23% m onth-over-m onth, to10,and were52% below June2021.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

Thesales-to-listing ratio forcondosin Squam ish,at26%, reflected aselers'm arket.

TOTALLISTINGS TOTALSALES

10 38

21 25

18% 12% 5% -69% -52% 52%

13 30

-39% -23% 27%

Thecondom edian pricein Junewas$626,000,a7% decreasefrom M ayand 5% aboveJune2021. Theaveragesold pricewas$650,400,5% below last m onth;theaveragePSF salepricewas$817,down 5% to lastm onth.

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$817 $650,400 $626,000 26%

$693 $578,226 $599,000 84%

$865 $683,954 $674,000 43%

-5% -5% -7%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2021 ● JUN 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

38

30

26

26

30

25

25

23

20

19

21

18

22

16

15

19

13

17

17

14

14

10

1

9

9

7

$860K

$835K

$812K

$726K $760K

$650K

$638K

$634K $674K $626K

$599K $622K

$519K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

20

4+ bdrms

1

15

1 1

3 bdrms

56%

10

33%

5

5

2 bdrms

15%

20

0

4

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

<2 bdrms

S-L RATIO SALES INVENTORY

3 0 n/a

9 5 56%

20 3 15%

6 2 33%

16

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