the rennie review - July 2021

squamish DETACHED-JUNE 2021

SALESTO LISTINGSRATIO 27% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 31% VS2020

▲ 36% VS2020

▼ 33% VS2020

▲ 12% VS2020

Therewere71detachedlistingsinSquamishinJune, 1.4%aboveMayand33%lowerthanJune2020. Junedetachedhomesalesdecreasedby42% month-over-month,to19,andwere12%aboveJune 2020. Thesales-to-listingratiofordetachedinSquamish,at 27%,reflectedaseler'smarket.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

19 71

$1,132,176 $1,125,000 16% 17 106

31% 36% 67% 12% -33%

33 70

3% 10% -43% -42% 1.4%

ThedetachedmedianpriceinJunewas$1,525,000,a 10%increasefromMayand36%aboveJune2020.

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

$1,488,316 $1,525,000 27%

$1,441,652 $1,384,000 47%

Theaveragesoldpricewas$1,488,316,3%abovelast monthandup31%toJune2020.

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

● DETACHED-TO-TOWNHOME ● TOWNHOME-TO-CONDO

● SALES ● TOTALINVENTORY ● MEDIANPRICE

12

106

96

97

1.76

96

70

1.61

69

66

65

1.561.55

71

1.47

70

1.45

46

38

50

33

29

40 27

25

31

30

29

27

19

17

19

$1.53M

$1.53M

$1.49M

$1.38M

$1.38M

$1.27M

$1.21M

$1.20M

$1.16M

$1.15M

$1.13M

$1.10M

$1.06M

Jun-20

May-21

Jun-21

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

25

100%+

100%

20

15

46%

10

21%

5

11%

0

<$600K

$600-799K

$800-999K

$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M

$2.0M-2.49M

$2.5M-2.99M

$3M+

S-LRATIO SALES INVENTORY

3 0 n/a

1 2 200%

2 2 100%

14 3 21%

24 11 46%

12 0 n/a

9 1 11%

6 0 n/a

Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarenieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

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