rennie review - February 2020

squamish

TOWNHOME  JANUARY 

AVERAGE PRICE

AVERAGE PSF PRICE

BENCHMARK PRICE 8 % UP

TOTAL LISTINGS

SALES

SALES TO LISTING RATIO

MARKET SUMMARY ›

14 % UP

8 % DOWN

50 % DOWN

29 % DOWN

SELLER’S 21 %

At 24, the number of townhome listings in Squamish were 26% above December but 50% below January 2019. Townhome sales, at 5, were down by 4 vs December and 2 lower year-over-year. The sales-to-listings ratio fell to 21% in January as Squamish’s townhome market remained favourable to sellers. The benchmark price in January was $733,500, relatively unchanged from last month and 8% higher than last year. The average sold price was $667,400, while the average PSF sales price was $439 (down 8% and 15%, respectively, from last month).

VS 

VS 

VS 

VS 

VS 

PREVIOUS MONTH

PREVIOUS YEAR

THIS MONTH No.

No.

% Change

No.

% Change

TOTAL LISTINGS

24

19

26% -44% -56%

48

-50% -29% 43%

TOTAL SALES

5

9

7

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

21%

47%

15%

$733,500 $732,300 $667,400 $727,300

0.2% $680,900 -8% $585,143

8%

14% -8%

$439

$515

-15%

$478

AVG PRICE PER SQUARE FOOT ›

HISTORICAL TREND

SALES TOTAL INVENTORY BENCHMARK PRICE

$680,900 $674,800 $693,700 $687,900 $720,500 $708,300 $733,500

49

48

48

44

37

34

24

16

14

12

12

9

7

5

SQUAMISH

REBGV

TOTAL LISTINGS & SALES BY PRICE RANGE

NUMBER OF BEDROOMS

SALES TOTAL INVENTORY SL RATIO

SALES TOTAL INVENTORY



  

SELLER'S MARKET BALANCED BUYER'S MARKET









4+ bdrms

3







5

3 bdrms



16







<3 bdrms

. . . . 0 0 0 0 QD QD   QD QD QD QD                

5

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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