the rennie review - March 2022

squamish TOWNHOME-FEBRUARY 202

SALESTO LISTINGSRATIO 200% SELLERS'MARKET

▶ MARKETSUMMARY Therewere12townhomelistingsinSquamishin February,nochangetoJanuaryand33%higherthan February2021. Februarytownhomesalesincreasedby100% month-over-month,to24,andwere60%aboveFebruary 2021. Thesales-to-listingratiofortownhomesinSquamish,at 200%,reflectedaselers'market. ThetownhomemedianpriceinFebruarywas $1,041,900,a6%decreasefromJanuaryand26%above February2021. Theaveragesoldpricewas$1,069,665,2%belowlast month;theaveragePSFsalepricewas$735,down3%to lastmonth.

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 30% VS2021

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 28% VS2021

▲ 26% VS2021

▲ 33% VS2021

▲ 60% VS2021

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change 30% 28% 26% 20% 60% 33%

No.

%Change

TOTALLISTINGS TOTALSALES

24 12

$565 $835,551 $830,000 167% 15 9

12 12

100% 100% 0%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$735 $1,069,665 $1,041,900 200%

$756 $1,091,521 $1,104,900 100%

-3% -2% -6%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● FEB 2021 ● FEB 202

● SALES ● TOTALINVENTORY ● MEDIANPRICE

33

28

26

25

24

24

27

23 23

23

17

17

17

17

12

12

15

10

12

12

12

1

10

9

8

7

$1.10M

$1.04M

$956K

$945K

$940K

$912K

$915K

$909K

$886K

$885K

$866K

$830K

$800K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

12

100%+ 100%+ 100%+ 100%+

10

4+bdrms

1

8

18

3bdrms

6

10

4

6

2bdrms

2

1

0

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

<2bdrms

S-LRATIO SALES INVENTORY

1 2 200%

5 6 120%

5 11 220%

1 5 500%

Copyright©March7,202reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMarch7,202.AldatafromRealEstateBoardofGreaterVancouver andFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakesteps astherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●

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