the rennie review - July 2021

squamish TOWNHOME-JUNE 2021

SALESTO LISTINGSRATIO 104% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 20% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 21% VS2020

▲ 24% VS2020

▼ 39% VS2020

▲ 75% VS2020

Therewere27townhomelistingsinSquamishinJune, 18%belowMayand39%lowerthanJune2020. Junetownhomesalesincreasedby22% month-over-month,to28,andwere75%aboveJune 2020. Thesales-to-listingratiofortownhomesinSquamish,at 104%,reflectedaseler'smarket. ThetownhomemedianpriceinJunewas$866,250,a2% decreasefromMayand24%aboveJune2020. Theaveragesoldpricewas$875,200,7%belowlast month;theaveragePSFsalepricewas$601,down6%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

28 27

16 44

20% 21% 24% 185% 75% -39%

23 33

49% 22% -18%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$601 $875,200 $866,250 104%

$501 $722,369 $697,450 36%

$636 $945,852 $885,000 70%

-6% -7% -2%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2020 ● JUN 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

49 48

44

33

37

28

28

26

25

24

27

28

20

23

23 23

23

21

15

16

12

17

15

9

8 8

$912K

$886K

$885K

$866K

$830K

$788K

$755K

$718K

$720K

$720K

$705K

$697K

$698K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

4

100%+

100%

4+bdrms

15

80%

21

3bdrms

10

23

3

5

2bdrms

4

0

<$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

10 8 80%

12 18 150%

3 0 n/a

2 2 100%

Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 33 ●

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