the rennie review- December 2022

squamish CONDO -NOVEMBER 202

SALES TO LISTINGSRATIO 28% SELLERS'M ARKET

▶ MARKETSUMMARY Therewere39 condolistingsin Squam ish in N ovem ber, 3% below O ctoberand 129% higherthan N ovem ber 2021. N ovem bercondosalesincreased by22% m onth-over-m onth,to11,and were42% below N ovem ber2021. Thesales-to-listing ratio forcondosin Squam ish,at28%, reflected aselers'm arket. Thecondom edian pricein N ovem berwas$605,000,a 15% increasefrom O ctoberand 25% below N ovem ber 2021. Theaveragesold pricewas$630,091,16% abovelast m onth;theaveragePSF salepricewas$753,down 1.0% tolastm onth.

AVERAGEPRICE

AVERAGE PSF PRICE ▼ 4% VS 2021

MEDIAN PRICE

TOTALLISTINGS

SALES

▼ 21% VS 2021

▼ 25% VS 2021

▲ 129% VS 2021

▼ 42% VS 2021

THISMONTH No.

PREVIOUSYEAR

PREVIOUSMONTH

No.

% Change

No.

% Change

TOTALLISTINGS TOTALSALES

11 39

19 17

-4% -21% -25% -75% -42% 129%

$760 $541,000 $525,000 23% 9 40

-1% 16% 15% 25% 22% -3%

SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF

$753 $630,091 $605,000 28%

$783 $801,250 $812,000 112%

▶ AVG PRICEPERSQUAREFOOT

▶ RECENTTRENDS

● NOV 2021 ● NOV 202

● SALES ● TOTALINVENTORY ● MEDIAN PRICE

46

40

45

39

39

38

30

26

30

23

20

18

19

15

13

13

17

17

10

1

9

9

9

3

7

6

$835K

$812K

$726K $760K

$674K $626K $640K

$650K

$634K

$606K $642K

$605K

$525K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SEL ERS'MARKET 21% +

BALANCED 12 - 20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-L RATIO

100%

15

4+ bdrms

10

1

3 bdrms

7

38%

5

5

2 bdrms

20%

16

0

5

<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +

<2 bdrms

S-L RATIO SALES INVENTORY

1 1 100%

15 3 20%

16 6 38%

7 0 n/a

0 1 n/a

16

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