the rennie review- December 2022

squamish DETACHED -NOVEMBER 202

SALES TO LISTINGSRATIO 12% BUYERS'M ARKET

▶ MARKETSUMMARY

AVERAGEPRICE

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 0.1% VS 2021

▼ 15% VS 2021

▲ 111% VS 2021

▼ 45% VS 2021

Therewere93 detached listingsin Squam ish in N ovem ber,14% below O ctoberand 111% higherthan N ovem ber2021. N ovem berdetached hom esalesdecreased by27% m onth-over-m onth,to11,and were45% below N ovem ber2021. Thesales-to-listing ratio fordetached in Squam ish,at 12% ,reflected abuyers'm arket. Thedetached m edian pricein N ovem berwas $1,302,271,a20% decreasefrom Octoberand 15% below N ovem ber2021. Theaveragesold pricewas$1,433,966,17% below last m onth and down 0.1% toN ovem ber2021.

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change -17% -20% -15% -27% -14%

TOTALLISTINGS TOTALSALES

11 93

20 44

-0.1% -15% -74% -45% 111%

$1,725,733 $1,620,000 14% 15 108

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE

$1,433,966 $1,302,271 12%

$1,435,267 $1,529,167 45%

▶ RATIO OFMEDIAN PRICES

▶ RECENTTRENDS

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

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

108

10

106

102 102

1.771.74

93

1.68

89

1.451.48

68

55

44

1.12

41

28

27

24

34

18

15

14

20

12

23

8

20

19

1

13

$1.68M $1.77M

$1.62M

$1.53M $1.63M $1.53M $1.63M

$1.50M $1.51M

$1.34M $1.28M $1.31M

$1.30M

Nov-21

Oct-22

Nov-22

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY ● S-L RATIO

25

100%

20

15

50%

10

5

15%

9%

4%

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-L RATIO SALES INVENTORY

2 0 n/a

1 0 n/a

1 1 100%

13 2 15%

12 6 50%

23 1 4%

11 1 9%

15 0 n/a

15 0 n/a

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