the rennie review - July 2021

squamish CONDO-JUNE 2021

SALESTO LISTINGSRATIO 84% SELLER'SMARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 27% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 17% VS2020

▲ 26% VS2020

▼ 64% VS2020

▲ 24% VS2020

Therewere25condolistingsinSquamishinJune,31% belowMayand64%lowerthanJune2020.

Junecondosalesdecreasedby25%month-over-month, to21,andwere24%aboveJune2020.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

Thesales-to-listingratioforcondosinSquamish,at84%, reflectedaseler'smarket.

TOTALLISTINGS TOTALSALES

21 25

17 70

27% 17% 26% 246% 24% -64%

28 36

10% 9% 5% 8% -25% -31%

ThecondomedianpriceinJunewas$599,000,a5% increasefromMayand26%aboveJune2020. Theaveragesoldpricewas$578,226,9%abovelast month;theaveragePSFsalepricewas$693,up10%to lastmonth.

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$693 $578,226 $599,000 84%

$544 $492,824 $475,000 24%

$631 $530,989 $572,450 78%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● JUN 2020 ● JUN 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

80

70

63

58

64

52

57

43

42

39

36

42

25 25

25

35

21

21

25

28

27

17

21

17

16

16

$645K

$599K

$572K

$565K

$525K

$516K

$499K

$493K

$490K

$475K

$474K

$455K

$449K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELER'SMARKET 21%+

BALANCED 12-20%

BUYER'SMARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

14

100%

100% 100%

12

4+bdrms

1

10

77%

8

2

3bdrms

3

6

4

14

2bdrms

10

2

0

5

<$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 2 100%

13 10 77%

8 8 100%

1 1 100%

1 0 n/a

11

Copyright©July5,2021reniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofJuly5,2021.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Rennie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 34 ●

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