the rennie review - April 2022

squamish TOWNHOME-MARCH 202

SALESTO LISTINGSRATIO 100% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 15% VS2021

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 22% VS2021

▲ 21% VS2021

▼ 26% VS2021

▼ 28% VS2021

Therewere17townhomelistingsinSquamishinMarch, 42%aboveFebruaryand26%lowerthanMarch2021. Marchtownhomesalesdecreasedby29% month-over-month,to17,andwere29%belowMarch 2021. Thesales-to-listingratiofortownhomesinSquamish,at 100%,reflectedaselers'market. ThetownhomemedianpriceinMarchwas$1,100,000,a 6%increasefromFebruaryand21%aboveMarch2021. Theaveragesoldpricewas$1,097,248,3%abovelast month;theaveragePSFsalepricewas$700,down5%to lastmonth.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

17 17

24 23

15% 22% 21% -4% -29% -26%

24 12

-50% -29% 42%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$700 $1,097,248 $1,100,000 100%

$607 $899,763 $911,500 104%

$735 $1,069,665 $1,041,900 200%

-5% 3% 6%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● MAR 2021 ● MAR 202

● SALES ● TOTALINVENTORY ● MEDIANPRICE

33

28

26

25

24

24

27

23

23

23

17

17

17 17

17

17

12

12

10

12 1

12

12

10

8

7

$1.10M

$1.10M $1.04M

$956K

$945K

$940K

$912K

$915K

$909K

$886K

$885K

$866K

$800K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

10

2

100%+ 100%

4+bdrms

3

8

14 14

6

3bdrms

4

38%

1

2bdrms

2

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

0 1 n/a

8 3 38%

6 10 167%

3 3 100%

Copyright©April7,202renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionofthereniegroupofcompanies.CurentasofApril7,202.AldatafromRealEstateBoardofGreaterVancouverand FraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.reniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshouldtakestepsas therecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Alinformationis subjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●

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