the rennie review - November 2020

squamish

CONDO  OCTOBER 

AVERAGE PRICE

AVERAGE PSF PRICE 7 % UP

BENCHMARK PRICE

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

12 % UP

26 % DOWN

13 % DOWN

SELLER’S 38 %

0.8 % DOWN

Condo listings in Squamish in October, at 56, were 21% below September and 26% lower than in October 2019. Year-over-year condo sales were down 13% in October but 31% higher month-over-month (at 21). Increasing to 38%, the sales-to-listings ratio for condos in Squamish favoured sellers. October’s condo benchmark price of $507,200 was 2% below September and 0.8% lower year-over-year. The average sold price was $504,067 at an average PSF sales price of $569 (up 3% and down 5%, respectively, month-over-month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

56 21

71 16

-21% 31% 66%

76 24

-26% -13% 19% -0.8%

TOTAL SALES

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

38%

23%

32%

$507,200 $519,400 $504,067 $488,103

-2% $511,400 3% $450,704

12%

$569

$599

-5%

$533

7%

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES

TOTAL INVENTORY

BENCHMARK PRICE

$511,400 $487,300 $487,500 $495,400 $502,700 $493,000 $507,200

76

74

69

69

56

48

45

24

21

17

17

16

12

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

 



2

3+ bdrms

11







11

2 bdrms



29



8



<2 bdrms

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

16

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 November 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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