the rennie review - October 2022

squamish TOWNHOME-SEPTEMBER 202

SALES TO LISTINGSRATIO 12% BUYERS'M ARKET

▶ MARKETSUMMARY Therewere42 townhom elistingsin Squam ish in Septem ber,8% aboveAugustand 147% higherthan Septem ber2021. Septem bertownhom esalesdecreased by17% m onth-over-m onth,to 5,and were71% below Septem ber 2021. Thesales-to-listing ratio fortow nhom esin Squam ish,at 12% ,reflected abuyers'm arket. Thetownhom em edian pricein Septem berwas $885,000,a11% decreasefrom Augustand 3% below Septem ber2021. Theaveragesold pricewas$919,100,2% below last m onth;theaveragePSF salepricewas$690,down 10% tolastm onth.

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 0.7% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 3% VS 2021

▼ 3% VS 2021

▲ 147% VS 2021

▼ 71% VS 2021

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

$690 $919,100 $885,000 12% 5 42

17 17

-0.7% -3% -3% -88% -71% 147%

$769 $941,333 $993,750 15% 6 39

-10% -2% -11% -23% -17% 8%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$695 $950,747 $915,000 100%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● SEP 2021 ● SEP 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

44

42

39

39

35

24

28

17 17

17

17

15

12

12

17

10

15 15

12

12

10

8

5

7

7

6

$1.10M $1.04M $1.10M

$994K

$950K $985K $998K

$915K $945K $909K $956K

$885K

$870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

1

20

4+ bdrms

3

15

4

3 bdrms

37

10

2 bdrms

5

18%

2

6%

0

<$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

1 0 n/a

22 4 18%

18 1 6%

1 0 n/a

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