the rennie review - October 2022

squamish CONDO -SEPTEMBER 202

SALES TO LISTINGSRATIO 33% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▲ 0.5% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 16% VS 2021

▼ 25% VS 2021

▲ 56% VS 2021

▼ 7% VS 2021

Therewere39 condolistingsin Squam ish in Septem ber, 13% below Augustand 56% higherthan Septem ber2021. Septem bercondosalesincreased by117% m onth-over-m onth,to 13,and were7% below Septem ber 2021. Thesales-to-listing ratio forcondosin Squam ish,at33%, reflected aselers'm arket. Thecondom edian pricein Septem berwas$642,000,a 6% increasefrom Augustand 25% below Septem ber 2021. Theaveragesold pricewas$648,700,4% abovelast m onth;theaveragePSF salepricewas$775,down 0.2% tolastm onth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

13 39

14 25

0.5% -16% -25% -40% -7% 56%

$776 $624,633 $606,000 13% 6 45

-0.2% 4% 6% 150% 117% -13%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$775 $648,700 $642,000 33%

$771 $776,331 $859,950 56%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● SEP 2021 ● SEP 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

46

45

39

38

30

26

26

30

23

25

20

19

18

22

15

13

13

17

17

10

14

9

9

3

7

6

$860K

$835K

$812K

$726K $760K

$674K $626K $640K

$650K

$638K

$634K

$606K $642K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

4+ bdrms

15

3 bdrms

10

6

44%

40%

10

5

2 bdrms

14%

19

0

3

<$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

10 4 40%

18 8 44%

7 1 14%

1 0 n/a

14

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