the rennie review - November 2021

squamish CONDO-OCTOBER 2021

SALESTO LISTINGSRATIO 118% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 31% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 31% VS2020

▲ 28% VS2020

▼ 61% VS2020

▲ 24% VS2020

Therewere22condolistingsinSquamishinOctober, 12%belowSeptemberand61%lowerthanOctober2020. Octobercondosalesincreasedby86% month-over-month,to26,andwere24%aboveOctober 2020. Thesales-to-listingratioforcondosinSquamish,at 118%,reflectedaselers'market. ThecondomedianpriceinOctoberwas$637,500,a26% decreasefromSeptemberand29%aboveOctober2020. Theaveragesoldpricewas$660,979,15%belowlast month;theaveragePSFsalepricewas$742,down4%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

26 22

21 57

31% 31% 29% 221% 24% -61%

14 25

-4% -15% -26% 111% 86% -12%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$742 $660,979 $637,500 118%

$569 $504,067 $493,000 37%

$771 $776,331 $859,950 56%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● OCT 2020 ● OCT 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

57

52

58

42

36

43

42

39 25

35

26

25 25

25

25

28

27

22

21

16

21

19

16

14

14

1

$860K

$645K

$638K

$622K

$599K

$572K

$565K

$525K

$519K

$516K

$499K

$493K

$490K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

12

100%+

100%

4+bdrms

90%

10

8

2

3bdrms

4

6

4

12

2bdrms

15

2

0

12

<$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

2 0 n/a

3 12 400%

10 9 90%

5 5 100%

1 0 n/a

1 0 n/a

3

Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 37 ●

Made with FlippingBook - professional solution for displaying marketing and sales documents online