the rennie review | September 2023

squamish TOWNHOME-AUGUST 2023

SALES TO LISTINGSRATIO 52% SELLERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 3% VS 2022

MEDIAN PRICE

TOTALLISTINGS

SALES

▲ 8% VS 2022

▼ 9% VS 2022

▼ 36% VS 2022

▲ 117% VS 2022

Therewere25 townhom elistingsin Squam ish in August, 7% below Julyand 36% lowerthan August2022. Augusttownhom esalesincreased by18% m onth-over-m onth,to13,and were117% aboveAugust 2022. Thesales-to-listing ratio fortow nhom esin Squam ish,at 52% ,reflected aselers'm arket. Thetownhom em edian pricein Augustwas$905,000,a 7% decreasefrom Julyand 9% below August2022. Theaveragesold pricewas$1,012,138,0.5% abovelast m onth;theaveragePSF salepricewas$743,down 4% to lastm onth.

THISMONTH No.

PREVIOUSMONTH

PREVIOUSYEAR

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

13 25

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

238% 117% -36%

11 27

-4% 0.5% -7% 28% 18% -7%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$743 $1,012,138 $905,000 52%

$774 $1,007,364 $970,000 41%

-3% 8% -9%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● AUG 202 ● AUG 2023

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

38

42

39

31

29

30

24

25

27

26 17

25

21

15 15

18

13

8

12

1

6

7

6

5

5

4

$1.08M

$994K

$979K

$970K $970K $905K

$945K

$914K $898K $888K

$885K

$826K $870K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

8

3

100%+

4+ bdrms

4

6

5

3 bdrms

16

4

29%

5

25%

2 bdrms

2

14%

4

0

<2 bdrms

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

1

S-L RATIO SALES INVENTORY

4 1 25%

7 8 114%

7 2 29%

7 1 14%

0 1 n/a

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