CONDO MAY squamish
AVERAGE PRICE
AVERAGE PSF PRICE
BENCHMARK PRICE 5 % DOWN
TOTAL LISTINGS
SALES
SALES TO LISTING RATIO
MARKET SUMMARY ›
2 % UP
15 % UP
16 % DOWN
BUYER’S 5 %
67 % DOWN
Condo listings in Squamish in May, at 74, were 7% above April but 16% lower than in May 2019. Year-over-year condo sales were up by 1 in May but down by 8 year-over-year (to 4). Increasing to 5%, the sales-to-listings ratio for condos in Squamish favoured buyers. May’s condo benchmark price of $480,000 was 3% below April and 5% lower year-over-year. The average sold price was $453,250 at an average PSF sales price of $600 (up 4% and 16%, respective- ly, month-over-month).
VS
VS
VS
VS
VS
PREVIOUS MONTH
PREVIOUS YEAR
THIS MONTH No.
No.
% Change
No.
% Change
TOTAL LISTINGS
74
69
7%
88 12
-16% -67% -60%
TOTAL SALES
4
3
33% 24%
SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
5%
4%
14%
$480,000 $495,400 $453,250 $434,000
-3% $505,800 4% $443,242
-5%
2%
$600
$518
16%
$522
15%
AVG PRICE PER SQUARE FOOT ›
HISTORICAL TREND
›
SALES
TOTAL INVENTORY
BENCHMARK PRICE
$505,800 $478,600 $491,600 $497,000 $478,800 $486,900 $480,000
91
88
82
74
66
53
53
12
12
11
11
7
6
4
SQUAMISH
REBGV
TOTAL LISTINGS & SALES BY PRICE RANGE
NUMBER OF BEDROOMS
›
›
SALES
TOTAL INVENTORY
S L RATIO
SALES TOTAL INVENTORY
SELLER'S MARKET BALANCED BUYER'S MARKET
3+ bdrms
9
1
2 bdrms
39
3
<2 bdrms
. . . . 0 0 0 0 QD QD 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 June 4, 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 All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies.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.
34
Made with FlippingBook - professional solution for displaying marketing and sales documents online