rennie review - February 2020

squamish

DETACHED  JANUARY 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 5 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

21 % UP

-

28 % DOWN

50 % UP

BALANCED 17 %

The 72 detached listings in Squamish in January were up 3% compared to December but were 28% below January 2019. January’s detached sales (at 12) were down by 1 month-over-month but 4 higher year-over-year. The sales-to-listings ratio in January dipped to 17%, as Squamish’s detached segment remained in bal- anced market territory. At $988,100, the benchmark price for detached homes was 1.0% above December and 5% above January 2019. The average sold price of $1.24M was 17% above December and 21% higher vs January 2019.

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No. 100

% Change

TOTAL LISTINGS

72 12

70 13

3%

-28% 50% 108%

TOTAL SALES

-8%

8

SALES-LISTINGS RATIO BENCHMARK PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF

17%

19%

-10%

8%

$988,100 $977,900 $1,235,583 $1,059,802

1.0% $943,700 17% $1,018,688

5%

21%

-

-

-

-

-

RATIO OF BENCHMARK PRICES ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$943,700 $943,700 $947,500 $980,900 $975,200 $979,400 $988,100

1.53

1.51

1.39

1.37

1.35

1.34

129

124

122

119

100

89

72

22

22

17

16

13

12

8

Jan-19

Dec-19

Jan-20

TOTAL LISTINGS & SALES BY PRICE RANGE ›

SALES TOTAL INVENTORY SL RATIO



  

SELLER'S MARKET





BALANCED



BUYER'S MARKET















. . . 0 0 0 0 0      QD QD QD                

S-L RATIO SALES INVENTORY

Copyright © 2020 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of February 5, 2020. All data from RealEstateBoardof Greater Vancouver and Fraser Valley & Rennie. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E.

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