the rennie review - July 2020

squamish

CONDO  JUNE 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

1.7 % UP

0.6 % UP

1.8 % DOWN

25 % DOWN

55 % UP

SELLER’S 26 %

Condo listings in Squamish in June, at 65, were 12% belowMay and 25% lower than in June 2019. Year-over-year condo sales were up by 13 in June and up by 6 year-over-year (to 17). Increasing to 26%, the sales-to-listings ratio for condos in Squamish favoured sellers. June’s condo benchmark price of $502,700 was 5% above May but 1.8% lower year-over-year. The average sold price was $492,824 at an average PSF sales price of $544 (up 9% and down 9%, respec- tively, month-over-month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

65 17

74

-12% 325% 384%

87 11

-25% 55% 107% -1.8% 1.7% 0.6%

TOTAL SALES

4

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

26%

5%

13%

$502,700 $480,000 $492,824 $453,250

5% $512,100 9% $484,409

$544

$600

-9%

$541

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$512,100 $500,900 $511,400 $487,300 $487,500 $495,400 $502,700

87

84

76

69

65

48

45

24

17

16

12

11

5

3

SQUAMISH

REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES

TOTAL INVENTORY

SL RATIO

SALES TOTAL INVENTORY



  

SELLER'S MARKET BALANCED BUYER'S MARKET





1



3+ bdrms

7











11

2 bdrms



32





5



<2 bdrms

. . . . 0 0 0 0    QD QD QD QD QD                

26

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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