the rennie review - July 2020

squamish

DETACHED  JUNE 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 2 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

33 % UP

-

11 % DOWN

BALANCED 16 %

0.0 %

The 109 detached listings in Squamish in June were up 6% compared to May but 11% below June 2019. June’s detached sales (at 17) increased by 5 month- over-month but were unchanged year-over-year. The sales-to-listings ratio in June increased to 16%, as Squamish’s detached segment remained a bal- anced market. At $977,100, the benchmark price for detached homes was 3% higher vs May and 2% above June 2019. The average sold price of $1.13Mwas 3% above May and 33% higher vs June 2019.

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No. 103

% Change

No. 122

% Change

TOTAL LISTINGS

109

6%

-11% 0.0% 12%

TOTAL SALES

17

12

42% 34%

17

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

16%

12%

14%

$977,100 $952,800 $1,132,176 $1,095,574

3% $954,000 3% $851,118

2%

33%

-

-

-

-

-

RATIO OF BENCHMARK PRICES ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$954,000 $996,100 $986,600 $954,400 $975,200 $964,200 $977,100

1.43

1.42

1.39

1.39

1.36

1.34

126

122

109

101

90

86

70

24

20

17

17

15

13

10

Jun-19

May-20

Jun-20

TOTAL LISTINGS & SALES BY PRICE RANGE ›

SALES

TOTAL INVENTORY

SL RATIO

        



  

SELLER'S MARKET

BALANCED



BUYER'S MARKET







 

. . . 0 0 0 0 0      QD QD QD                

S-L RATIO SALES INVENTORY

Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of July 3, 2020. All data from Real Estate Board of Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

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