the rennie review - October 2022

squamish DETACHED -SEPTEMBER 202

SALES TO LISTINGSRATIO 12% BUYERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 1.1% VS 2021

▼ 3% VS 2021

▲ 100% VS 2021

▼ 40% VS 2021

Therewere102 detached listingsin Squam ish in Septem ber,nochangetoAugustand 100% higherthan Septem ber2021. Septem berdetached hom esalesincreased by 50% m onth-over-m onth,to12,and were40% below Septem ber2021. Thesales-to-listing ratio fordetached in Squam ish,at 12% ,reflected abuyers'm arket. Thedetached m edian pricein Septem berwas $1,313,750,a3% increasefrom Augustand 3% below Septem ber2021. Theaveragesold pricewas$1,335,958,17% abovelast m onth and down 1.1% toSeptem ber2021.

THISMONTH No. $1,335,958 $1,313,750 12% 12 102

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

20 51

-1.1% -3% -70% -40% 100%

$1,145,625 $1,280,000 8% 8 102

17% 3% 50% 50% 0%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$1,350,925 $1,352,500 39%

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

10

102

106

102

1.64

89

1.48

1.48

1.38

55 68

1.29

51

44

1.06

47 24

41

28

27

24

34

18

14

20

23

8

20

20

19

12

13

$1.68M $1.77M $1.54M $1.53M $1.63M $1.53M $1.63M

$1.50M $1.51M

$1.35M

$1.34M $1.28M $1.31M

Sep-21

Aug-22

Sep-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

30

100%+

25

20

15

38%

10

13%

5

13%

6%

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

1 2 200%

1 0 n/a

8 3 38%

16 2 13%

30 4 13%

12 0 n/a

18 1 6%

16 0 n/a

Copyright© October5,202 renniegroupofcom panies.Alrightsreserved.Thism aterialm aynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenperm is ionoftherenniegroupofcom panies.CurentasofOctober5,202 .Aldatafrom RealEstateBoard ofGreaterVancouverandFraserValey& Ren ie.W hiletheinform ationanddatacontainedhereinhasbe nobtainedfrom sourcesde m edreliable,ac uracycannotbeguarante d.ren iegroupofcom paniesdoesnotas um eresponsibiltyorliabiltyforanyinac uracies.The recipientoftheinform ationshouldtakestepsastherecipientm ayde m neces arytoverifytheinform ationpriortoplacinganyrelianceupontheinform ation.Theinform ationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbe obtainedfrom arennieandas ociatesadvisor.Alinform ationissubjecttochangeandanypropertym aybewithdrawnfrom them arketatanytim ewithoutnoticeorobligationtotherecipientfrom renniegroupofcom panies.E.&O.E.

38

Made with FlippingBook - professional solution for displaying marketing and sales documents online