squamish CONDO - APRIL 2 0 2 4
SALES TO LISTINGS RATIO 35% SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
AVERAGE PSF PRICE ▼ 12% VS 2023
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 3% VS 2023
▲ 4% VS 2023
▲ 75% VS 2023
▲ 55% VS 2023
There were 49 condo listings in Squamish in April, 4% above March and 75% higher than April 2023.
April condo sales increased by 143% month-over-month, to 17, and were 55% above April 2023.
THIS MONTH No.
PREVIOUS MONTH
PREVIOUS YEAR
No.
% Change
No.
% Change
The sales-to-listing ratio for condos in Squamish, at 35%, reflected a sellers' market.
TOTAL INVENTORY TOTAL SALES SALES-LISTINGS RATIO MEDIAN SOLD PRICE AVERAGE SOLD PRICE AVERAGE PRICE PSF
17 49
11 28
-12% 3% 4% -12% 55% 75%
$761 $544,857 $559,000 15% 7 47
-11% 3% -3% 133% 143% 4%
The condo median price in April was $540,000, a 3% decrease from March and 4% above April 2023. The average sold price was $559,676, 3% above last month; the average PSF sale price was $678, down 11% to last month.
$678 $559,676 $540,000 35%
$770 $543,805 $520,000 39%
▶ AVG PRICE PER SQUARE FOOT
▶ RECENT TRENDS
● APR 2023 ● APR 2024
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
49
45
41
41
47
39
36
34
39
37
33
28
30
17
14
14
13
11
8
8
8
7
7
5
5
5
$757K
$725K
$710K
$688K
$670K
$671K
$675K
$675K
$636K
$623K
$559K
$540K
$520K
SQUAMISH
REBGV
▶ NUMBER OF BEDROOMS
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET 21% +
BALANCED 12 - 20%
BUYERS' MARKET <12%
● SALES ● TOTAL INVENTORY
● SALES ● TOTAL INVENTORY ● S-L RATIO
100%
12
4+ bdrms
10
1
8
60%
2
3 bdrms
50%
10
6
33% 33%
4
8
2 bdrms
20
2
0
7
<$400K $400K-499K $500K-599K $600K-699K $700K-799K $800K-899K $900K-999K $1.0M+
<2 bdrms
S-L RATIO SALES INVENTORY
3 3 100%
5 3 60%
9 3 33%
12 4 33%
8 4 50%
5 0 n/a
3 0 n/a
4 0 n/a
18
Copyright © 2024 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 May 8, 2024. All data from Greater Vancouver REALTORS®, Fraser Valley Real Estate Board, Whistler Listing System, and 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. 43 ●
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