the rennie review - May 2022

squamish DETACHED-APRIL 202

SALESTO LISTINGSRATIO 35% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIANPRICE

SALES

TOTALLISTINGS

▲ 16% VS2021

▲ 16% VS2021

▼ 3% VS2021

▼ 17% VS2021

Therewere68detachedlistingsinSquamishinApril, 24%aboveMarchand3%lowerthanApril2021. Aprildetachedhomesalesdecreasedby11% month-over-month,to24,andwere17%belowApril 2021. Thesales-to-listingratiofordetachedinSquamish,at 35%,reflectedaselers'market.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

24 68

29 70

16% 16% -15% -17% -3%

27 55

13% 5% -28% -11% 24%

ThedetachedmedianpriceinAprilwas$1,770,000,a5% increasefromMarchand16%aboveApril2021.

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE

$1,846,450 $1,770,000 35%

$1,628,737 $1,679,000 49%

$1,594,662 $1,525,000 41%

Theaveragesoldpricewas$1,846,450,13%abovelast monthandup16%toApril2021.

▶ RATIOOFMEDIANPRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIANPRICE

68

70

71

70

69

55

1.86

51

54

1.72

44

47

1.57

1.53

1.50

33

41

1.45

28

27

34

29

24

20

24

19

23

20

20

19

14

13

$1.77M

$1.68M $1.63M

$1.63M

$1.54M

$1.53M

$1.53M

$1.53M

$1.53M

$1.38M

$1.35M

$1.30M

$1.26M

Apr-21

Mar-22

Apr-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-LRATIO

20

15

75%

10

40%

25%

23%

5

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

2 0 n/a

13 3 23%

20 15 75%

10 4 40%

8 2 25%

12 0 n/a

Copyright©May5,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofMay5,202.AldatafromRealEstateBoardof GreaterVancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipient oftheinformationshouldtakestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtained fromarennieandasociatesadvisor.Alinformationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromrenniegroupofcompanies.E.&O.E.

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